Open Your
Trade & invest in the stock market with HUF demat account benefits!
Your HUF account will help you save tax on Investing & Trading
You can open a HUF account on Dhan for free!
All you need is one Dhan account for your family as a HUF
Our team is always there to help with queries!
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Questions on your mind? Dont worry we have the answers!
A Hindu Undivided Family or HUF for short can open a demat account to trade & invest in the markets. HUFs are treated as one entity when it comes to taxation, among other financial benefits. This means that all the members of a family can enjoy tax benefits with the demat account for HUF while trading and investing in stocks.
A family that is registered as a HUF, that is, a family that consists of a linearly undivided Hindu family, can open a HUF demat account. The HUF has its own documents like a PAN card and the head of the family, the Karta, is often tasked with managing the HUF's finances.
Below is the list of documents required to open HUF Demat Account in India:
- HUF Pan Card
- Individual Pan Card of Karta
- Aadhar Card of Karta
- HUF Declaration
- Cancelled Cheque
- Address Proof of HUF (Latest Bank Account Statement)
- 6 Months Bank Account Statement for F&O Activation
In case of any further queries, you can connect on our customer care number 9987761000 or email us at onboarding@dhan.co.
By opening a demat account for HUF, you and your family can unlock various benefits. The first and foremost benefit is the fact that the entire family registered as a HUF is treated as a single entity.
More HUF demat account benefits are as follows:
1. A HUF is treated as a single entity during taxation.
2. Individuals of the HUFs do not have to pay capital gains tax.
3. HUF taxation is similar to individual taxation in terms of tax slabs.
A HUF demat account on Dhan allows you to enter the markets, trade and invest in various financial instruments. Apart from tax benefits, the HUF account will give you access to Dhan's awesome features. Oh, and account opening is free!
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*All securities mentioned on this website are exemplary and not recommendatory.
We are bullish on India, we are bullish on India's prospects to be one of the largest economies in the world. We believe that the stock market provides a unique opportunity for all of India's traders and investors to participate in the growth story of the country.
Yet, most investing & trading platforms in India have remained more or less the same over the past decade. Times have changed and retail traders and investors have become smarter about managing their trades and money. Modern traders & investors require an online trading platform that helps them keep up with the technological advancements of our time.
That's why we're building Dhan - to help you trade, to help you invest, and to help you participate in India's growth stock via the stock market with awesome features and an incredible experience.
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In case of grievances for any of the services rendered by Moneylicious Securities Private Limited, please write to grievance@dhan.co (for NSE, BSE and MCX) or grievancedp@dhan.co (for Depository Participant). Please ensure that you carefully read the Risk Disclosure Document as prescribed by SEBI, our Terms of Use and Privacy Policy. Compliance Officer: Mr. Manish Garg and Mobile: 8655740961 Email: complianceofficer@dhan.co To lodge your complaints using SEBI SCORES, click here.
DHAN is a brand owned by Moneylicious Securities Private Limited. All DHAN clients are registered under Moneylicious Securities Private Limited. Clients are advised to refer to our company as Moneylicious Securities Private Limited when communicating with regulatory authorities.
Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances
Disclaimer: Investment in the securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit
Attention investors:
Note: As a policy we do not give stock tips or recommendations and have not authorized anyone to give this on behalf of us. If you know anyone claiming to be a part of Dhan / Moneylicious / Raise or our associate companies or partners and offering such services, please report us on help@dhan.co. Important Information for Investors: To prevent unauthorized transactions in your trading / demat account, do not share your account details, credentials or any personal details with anyone. Keep your mobile number updated with your Stock Broker, Depository Participant and ensure that the same is registered with Stock Exchanges, Depository and KRAs. You will receive alerts and information on your registered mobile number / email for debit and other important transactions in your demat account directly from CDSL / Exchange on the same day. KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Stock Broker, DP, Mutual Fund, etc.), you need not undergo the same process again when you approach another intermediary. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. This is issued in the interest of investors.
Moneylicious Securities Private Limited also known as Dhan is only an order collection platform that collects orders on behalf of clients and places them on BSE StarMF for execution. Client expressly agrees that Dhan is not liable or responsible and does not represent or warrant any damages regarding non- execution of orders or any incorrect execution of orders with regard to the funds chosen by the client or due to, but not being limited to, any link/system failure, delay in transfer of the funds on account of any unforeseen circumstances/issues in the banking system/payment aggregators or any other problems that may result in a delay in crediting the funds into the BSE Star MF's bank account.
Mutual fund investments are subject to market risks, read all scheme related documents carefully before investing. Dhan is not a distributor or agent of any mutual fund. Mutual Funds are not exchange-traded products. Any related disputes will not have access to the Exchange-investor redressal forum or arbitration mechanism. For other disclaimers please refer https://dhan.co/advertisement-disclaimer/
Download client registration documents (Rights & Obligations, Risk Disclosure Document, Do's & Don'ts) in vernacular language: BSE | NSE | MCX
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