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Newborn Baby Opens Zerodha Account at 28 Days Old
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A 28‑day‑old infant has been registered with Zerodha, the online brokerage, marking an unusual entry into the stock market.
In a surprising move, a 28‑day‑old infant has been registered with Zerodha, an online brokerage platform, making the baby the youngest client in the company's history.
The account was opened shortly after the baby's birth, with the parents choosing to invest in the stock market on behalf of the child.
Zerodha, which offers zero brokerage for equity delivery trades, allows users to open accounts for minors, subject to certain legal requirements.
While the account is currently inactive, the parents have indicated that they plan to use the platform to manage the child's future financial education.
The account was opened shortly after the baby's birth, with the parents choosing to invest in the stock market on behalf of the child.
Zerodha, which offers zero brokerage for equity delivery trades, allows users to open accounts for minors, subject to certain legal requirements.
While the account is currently inactive, the parents have indicated that they plan to use the platform to manage the child's future financial education.