Private trust created for the benefit of a minor child can invest in mutual fund1 min read . Updated: 28 Aug 2019, 12:06 AM IST
- Under the provisions of the Indian Trusts Act, a private trust can invest in mutual funds, shares, and so on
- If a person dies intestate (i.e. without leaving a Will), the applicable laws of succession relating to the religion of the deceased will apply
I want to create a private trust for a minor. I mainly wish to invest in mutual funds from the trust. What should I include in the trust deed?
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