You can invest in direct mutual funds for your child. Here's how.
Last Update Date: 06-10-2026
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar said children's funds may suit parents wanting disciplined, goal-based investing who can accept less flexibility, while regular funds suit experienced investors who want control. He cautioned that many such funds are bought on emotion rather than a financial plan.
More of Abhishek's views on mutual funds
The article explains how parents or guardians can invest in direct mutual funds online for a minor through an industry-owned portal. It covers creating a Common Account Number, required documents, bank account rules, tax clubbing, and what changes when the child turns 18, along with a look at children's funds with lock-ins.
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You can invest in direct mutual funds for your child. Here's how.