Open a mutual fund folio that belongs to your child. You manage it until they turn 18, and then it's theirs.
Join the waitlistGoing live soon. Waitlist members get access first.
Mutual fund investments are market-linked and subject to applicable regulations. Taru does not guarantee returns.
The education fund in your own account is the easiest place to borrow from, because it's only an education fund in your head.
You use one, your child uses the other.
Most apps let you open a minor folio. None are built around it.
A few things worth knowing before you invest in a minor's name.
Your SIP goes from your bank to the AMC. The folio sits with the AMC and its registrar, in your child's name. If Taru shut down tomorrow, the investments wouldn't be affected.
No subscription and no account fee. We earn a trail commission from the AMC, paid out of the fund's expense ratio rather than added to what you invest.
Your child. The folio is in their name from the first instalment — not held for them, not promised to them.
You do, as parent or guardian. Your KYC, your bank mandate. You can pause, increase or stop any time.
In mutual fund schemes you choose, held by the AMC and its registrar. Taru is a distributor, not a fund.
The folio becomes a regular account in their name after a KYC update. Nothing is transferred or gifted — they've owned it all along.
No. Their birth certificate, your PAN and Aadhaar, and your bank account details.
While your child is a minor, gains are added to your income and taxed at your slab. After 18, gains are taxed in their hands at their own slab, which for most young adults is lower.
Join the waitlist and we'll tell you the day it opens.