Open in
3 Easy Steps.

1.

Basic Details

Minor and guardian.

2.

Choose Investment Type

Select a investment plan—SIP or lump sum.

3.

Confirm & Start Investing

Secure your child’s future in just a few clicks.

Secure Your Child’s Future with a Minor Folio

Early
Investment Advantage

Starting early with minor investment in mutual fund online allows your investments more time to grow through the power of compounding.

Flexible
Investment Option

Fund offers the flexibility to invest via Systematic Investment Plans or Lump Sum, depending on your financial goals and preferences.

Hassle-Free
Process

Investing in mutual funds for minors through a minor folio is seamless with Edelweiss Mutual Fund’s fully digital and paperless onboarding process.

Guardian
Control

A Minor Folio is securely managed by the guardian until the child reaches 18 years of age.

FAQs

(Frequently Asked Questions)

Yes, a minor’s PAN is optional for creating a folio. Only the guardian’s PAN is mandatory.

You will need the guardian’s PAN, along with relationship proof documents such as the minor's Birth Certificate, Passport, or Court-appointed document. The minor's PAN is not mandatory

Yes, both guardian’s and minor’s bank accounts can be used for SIP subscriptions and lumpsum transactions. Redemptions will only be credited to the minor's bank account.

Minor folio creation may take up to 2 business days, subject to verification of the minor/guardian relationship document. The first transaction can be initiated at the time of folio creation or later, once the folio is created.

When the child turns 18, the minor folio must be converted into a regular individual account. The child needs to complete their KYC process, after which they gain full control of the investments. Until then, the guardian manages the folio, ensuring proper oversight and financial discipline.

Minor mutual fund account opening online can be done by a parent or legal guardian on behalf of a child below 18 years of age. The guardian manages the investments until the child reaches adulthood, ensuring financial security and disciplined savings for future goals like education and career planning.

For any queries, you can connect us here:
Email: EMFHelp@edelweissmf.com
Toll-free: 1800-425-0090
Non–toll-free: +91-40-23001181