Tag Archives: #HUFWealthManagementTips

Can HUF open NPS account?

Can HUF open NPS account No, a Hindu Undivided Family (HUF) cannot open a National Pension System (NPS) account. NPS accounts are available only to individuals, not to HUFs or other types of entities. The NPS is a retirement savings scheme in India that is designed for individuals to contribute towards their retirement savings. As… Read More »

can huf invest in mutual funds?

HUF invest in Mutual Fund HUF invest in Mutual Fund, Yes, a Hindu Undivided Family (HUF) can invest in mutual funds. Mutual funds are financial instruments designed to combine investments from numerous individuals, enabling them to collectively participate in a well-diversified portfolio of securities, including stocks, bonds, and various other assets. As an HUF is… Read More »