Zerodha’s youngest account holder is 64 days old, says Nithin Kamath. Here’s how – News Air Insight

Zerodha‘s youngest account holder is a 64-day old infant, founder and CEO Nithin Kamath said in a tweet as he shared a video of a few parents talking about how they are planning their children’s financial future.

“I can keep giving gyan about starting to invest early for your kids, but nothing beats hearing it from parents who are actually doing it. Here are some first-hand takes from people using a @zerodhaonline minor account to invest for their children. P.S. Our youngest account holder is just 64 days old.

,” Kamath tweeted.

In the video, one of the parents lamented the Indian education system not having a financial course for kids. Another highlighted the importance of investing even as one enjoys the money he earns.

Zerodha platform facilitates account opening for minors which can be done through its KITE application. The account can be opened for free and help kids invest in stocks, bonds, and mutual funds for their future.

Kamath is quite active on Twitter and keeps sharing his views on a variety of issues related to stock markets and investments.Recently he revealed how maintaining an offline demat account not only kept him away from the temptation of frequent trading but also delivered his best investment returns from long-held positions in this secondary account. Kamath explained how a secondary demat account can help investors separate long-term and short-term holdings while also enabling smarter tax management.Read More: Zerodha’s Nithin Kamath shares how a behavioural hack kept him from trading his investments

He also spoke about growing investment awareness among women with nearly 50% of Zerodha’s female users now managing their own demat accounts.

Also Read: Half of Zerodha’s women clients manage their own accounts, but more progress needed: Nithin Kamath

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