INVEST RIGHT, INVEST NOW

Open your FREE HUF Demat Account

Manage wealth as a family and save taxes

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Free HUF Demat Account at Upstox

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Average App Rating

1.3+ crore

Indians love and trust Upstox

Backed by

Backed by

Mr. Ratan Tata

Why open an HUF Demat Account with us?

Save, invest, insure, manage wealth as a family with one single HUF account

Save Taxes with HUF Demat Account

Save Taxes

A HUF account pools family assets and offers tax benefits to grow family wealth

One Account for Everything

One Account for Everything

Invest in Stocks, MFs, FDs, trade in F&O, get insurance, & manage all family assets via a single account

100% Digital HUF Demat Account

100% Online

Open your account within a few minutes, zero paperwork, and minimal effort

24/7 Dedicated Support

24/7 Dedicated Support

Reach out to our teams for any queries and we will be happy to help and guide you out promptly

How to get started with your HUF Demat account?

Complete the account opening process in just 3 simple steps

HUF Demat Account
1

Fill HUF form

Karta completes and self-attests documents

2

Upload documents

PAN, address proof, HUF deed, cancelled cheque, income proof

3

Verify and eSign

Verify bank details, address proof, activate segments and eSign

Start now

Only 4 documents required!

Keep all these document ready with you

HUF PAN card

HUF PAN card

Foundation document for your HUF investments

Karta’s Aadhaar card

Karta’s Aadhaar card

Simple, valid, and mandatory ID proof for your HUF’s Karta

6 months bank statement

6 months bank statement

Validate your HUF’s address and banking details with a 6-month statement

Karta’s PAN card

Karta’s PAN card

Key document for tax and identity verification of the Karta

Transparent Pricing. With No Hidden Charges

₹0

Account Opening

Demat + Trading Account Charges

₹0

For Commissions

For Mutual Funds and IPOs

₹20

For Brokerage

For Equity, F&O, Commodity and Currency Trades

FAQs

What is an HUF Demat Account with Upstox?

An HUF Demat Account on Upstox is a dematerialised account for a Hindu Undivided Family. It is opened in the name of the HUF, managed by its Karta, and allows the family to invest in Stocks, Mutual Funds, IPOs, ETFs under a single login.

How is an HUF Demat & Trading Account different from an individual Demat & Trading account?

  • HUF Account: Owned by the family, uses a HUF PAN, offers separate tax benefits and automatic succession
  • Individual Account: Owned by a single person, taxed at personal slab rates, requires nomination or succession transfer

Who can open an HUF Trading Account on Upstox?

Any Hindu Undivided Family (HUF) recognised under Hindu law can open an account with Upstox. The Karta operates the account on behalf of all family members or co-parceners.

What documents are required to open a HUF Demat Account with Upstox?

To open a HUF Demat Account online, you'll need:
  • HUF PAN card
  • Bank account in the name of HUF
  • Identity & address proof of the Karta
  • HUF declaration deed listing all co-parceners
  • Photograph & signature of Karta

Can co-parceners be added or removed later in a HUF Account?

Yes. If a new family member is added (by birth or marriage), or if a member exits, the HUF declaration can be updated and shared with Upstox to reflect the changes.

Who pays taxes on profits from a HUF Demat Account?

The HUF itself is a separate tax entity. All capital gains, dividends, and profits from trading are taxed under the HUF's PAN, not the Karta's or individual members.

Can a HUF invest in Mutual Funds, IPOs, and F&O using Upstox?

Yes. With a HUF Trading & Demat Account on Upstox, families can:
  • Invest in mutual funds, ETFs, bonds, IPOs
  • Trade in equities, futures, options, and commodities

What happens if the Karta of the HUF changes?

If the Karta passes away or steps down, the next senior-most coparcener automatically becomes the Karta. The HUF Demat & Trading Account with Upstox continues without the need for asset transfer or re-registration.

What are the brokerage charges for a HUF Account on Upstox?

  • Account Opening: Free
  • AMC (Annual Maintenance Charges): Free for the first year only
  • IPOs, NCDs: Zero Commission
  • Equity Delivery: Up to ₹20 per executed order
  • Intraday & Futures(Equity & Commodity): ₹20 or 0.05% per order (whichever is lower)
  • Options: ₹20 per executed order

Why open a HUF Demat & Trading Account with Upstox?

  • 100% online account opening with e-sign
  • Advanced TradingView charts and pro trading tools
  • Family-wide tax efficiency and wealth planning
  • Smooth succession within the HUF
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