Can I buy or sell securities from a minor account ?

Can I buy or sell  securities from a minor account ?

 There are specific trading restrictions applicable to minor accounts as per regulatory guidelines.

  • Minors cannot do intraday trading but can buy or sell shares on a delivery basis.
  • Minors cannot place any F&O orders.
  • Minors cannot participate in OFS (Offer for Sale).
  • Minors can sell holdings from their demat account.
  • Minors can apply for IPOs, buybacks, and takeovers.