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Dharsha Udhayakumar
Long term investor
Asked a question 2 months ago

Who can be guardian of minor demat account? I have applied for minor demat for my son at FYERS with myself as guardian. I have read in article that only father can be guardian & only in his absence mother can be guardian, is it true?

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Hey @Dharsha Udhayakumar5,

Yes! As mentioned in this Article5, The Guardian of the minor has to be the father or in his absence, the child’s mother can act as the guardian.