Minor Investing

Start investing early on behalf of a minor to give them a strong and dependable financial foundation for the future. Small but consistent contributions made today can compound into substantial wealth over the years. It’s a thoughtful and proactive way to support their dreams, milestones, and long-term goals with confidence.

Key Highlights

Focused Portfolio

Long term focused portfolio with Equity mutual funds schemes, chosen through deep bottom-up research and supported by a strong structural investment thesis.

Investment Mode

Minor investing offers flexibility to invest either through a one-time lumpsum or systematic monthly SIPs, allowing you to build wealth in a way that suits your goals and comfort.

Minor's 18th birthday

Once the minor becomes an adult, the minor will need to provide their own KYC documents and bank account details to take control of the investment.

Why Minor Investment Matters?

At Growfolio, we believe true wealth isn’t just about numbers — it’s about nurturing possibilities. When you invest in a mutual fund for your child, you’re not just saving — you’re planting the seeds of lifelong financial confidence.

The Financial Perspective — Power of Time and Compounding Starting early is the single most powerful advantage in investing. A small, consistent SIP in a mutual fund during your child’s early years can create substantial long-term wealth through the power of compounding.

Example: Invest ₹5,000 per month for 15 years at an average return of 12%. By the time your child turns 18, the corpus could grow to over ₹25 lakh — a meaningful amount that can support higher education or entrepreneurship.

💼 Harness the power of compounding over a long horizon.
💼 Build a goal-based corpus for your child’s future.
💼 Enjoy tax-efficient withdrawals once your child becomes a major.
💼 Instill financial discipline within the family.

💖 The Emotional Perspective — Investing in Their Dreams

Behind every SIP lies emotion — love, care, and foresight. Investing for your child is a deeply emotional journey. Each contribution is a silent assurance that you’re thinking ahead for them, even before they understand what wealth means.

Key Advantages of Minor Investments

🌟Early Start, Greater Growth: More years for compounding and wealth creation.
🌟Goal-Based Wealth Creation: Align SIPs with long-term milestones.
🌟Financial Awareness: Teach children about savings and responsibility early.
🌟Diversified & Expertly Managed: Access professional fund management effortlessly.
🌟Flexible & Affordable: Start with SIPs as low as ₹500/month.

Minor Common Account Number (CAN)

🪙Guardian Setup: A parent or legal guardian acts on behalf of the minor and completes KYC.
🪙Minor’s KYC: Submit proof such as a birth certificate or Aadhaar.
🪙Open a Minor Folio in the child’s name with Minor bank account or Guardian bank account or Joint account of minor & guardian.
🪙Transition at 18: Convert the folio to a major’s account once the child turns 18.

Parenting with foresight

It’s a fulfilling experience to watch your child grow — and alongside, see their investments mature into something truly meaningful. You’re not just creating financial assets; you’re building emotional security and teaching the value of patience and consistency.

“At Growfolio, we see this as more than investing — it’s parenting with foresight.”

Key Facts

Strategy Type: Equity Oriented

Minimum SIP: Rs.5000

Type: Open Ended Equity Scheme

Taxation: Long Term & Short Term Gain Tax

Investment Duration: 5+ years

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Taxation

Long-Term Capital Gains (LTCG)

Sold after 12 months: 12.5% (plus surcharge & cess) on gains above ₹1.25 lakh in a year.

Short-Term Capital Gains (STCG)

Sold within 12 months: 20% (plus surcharge & cess)

Note: Minor's income is clubbed with the income of the parent who has a higher income & taxed at the parent's applicable slab rate.

Risk & Compliance

This product invests predominantly in equity oriented mutual fund schemes and is subject to market risks.

Past performance is not indicative of future returns.