What do you mean by HUF account?
What do you mean by HUF account? |
HUF stands for Hindu Undivided Family. It is a demat account opened for managing securities of a family. The account is managed by a ‘Karta,’ who is a male member of the family, and other members of the family are termed as ‘Co-parceners. Karta manages the HUF account on behalf of the co-parceners. Explore HUF Demat Accounts Find out how Jainam helps eligible HUFs open a Demat account and manage their securities. Have a question? |