What is a Hindu Undivided Family (HUF)?
What is a Hindu Undivided Family (HUF)? |
A Hindu Undivided Family (HUF) is a family unit recognized under Indian law that can hold assets and make investments in the name of the HUF. It is managed by a person known as the Karta, who acts on behalf of the family. A HUF can open a Demat account to hold and manage eligible securities, subject to applicable rules and documentation requirements. Explore HUF Accounts Learn about HUF Demat accounts and how a family can hold eligible securities through Jainam. Have a question? |