7 hrs ago
Zerodha Says Its Youngest Customer Is Just 28 Days Old
A baby who is only 28 days old has become Zerodha’s youngest customer.
The baby’s parents opened an account for a minor and made an investment a week later.
Zerodha CEO Nithin Kamath shared the news on X. About a year ago, the platform’s youngest account holder was 64 days old.
Many people saw the post and talked about it.
Some wondered how the baby got identification documents so quickly.
Others joked that the baby had missed out on days of investment growth.
The article says the age of Zerodha’s youngest account holder has nearly halved in a year.
Zerodha CEO Nithin Kamath said the platform’s youngest customer is 28 days old.
The baby’s parents opened a Zerodha minor account and made an investment a week later.
A year earlier, Kamath had said Zerodha’s youngest account holder was 64 days old.
Kamath shared the update on X, where it attracted nearly one million views.
Social media users questioned how quickly the baby obtained identification documents, while others joked about early investing.
- Who
- A 28-day-old baby and the baby’s parents; Zerodha CEO Nithin Kamath announced the milestone.
- What
- The parents opened a Zerodha minor account and made the baby’s first investment.
- Where
- On Zerodha’s investment platform; Kamath shared the news on X.
- When
- The account and investment were made when the baby was 28 days old; the parents invested a week after opening the account.
- Why
- The parents opened an investment account for their child; the article does not state a more specific reason.
Questions and concerns
Responses and humor
How quickly the account could be opened
Questions and concerns
Some users questioned how a 28-day-old baby could have obtained a PAN card and Aadhaar card so quickly.
Responses and humor
Another user said Aadhaar and PAN cards can now be obtained in a few days, even for children.
Starting investments at birth
Questions and concerns
The post prompted questions about arranging an account and identification documents for such a young child.
Responses and humor
Some users joked that the baby had already missed days of compounding, or suggested opening an account even before a baby is born.
Key facts
- Youngest customer’s age
- 28 days
- Platform
- Zerodha
- Account type
- Minor account
- Time to first investment
- One week after account opening
- Previous youngest account holder
- 64 days old, announced about a year earlier
- Post views
- Nearly one million
Quotes
A social media user
A commenter who joked about the infant’s missed investment growth.
“Can we open the account before planning for a baby? I want to start investing as soon as the pregnancy test is confirmed.”
NDTV
“The baby has already missed 27 days of compounding. The parents could've been more responsible.”
NDTV
Nithin Kamath
Zerodha co-founder who shared the account milestone on X.
“Our youngest customer is just 28 days old. The parents opened a Zerodha minor account, and a week later, they made the first investment.”
NDTV
Sources
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