Zerodha records youngest customer at 28 days old

Zerodha co-founder Nithin Kamath revealed that the brokerage firm has recorded its youngest customer to date: a newborn infant just 28 days old. The parents opened a minor account through the Kite app and completed their first investment within one week of the account being processed.

This milestone breaks a previous record held by a customer who was 64 days old. The news has sparked online discussions regarding the benefits and implications of early financial planning. While some observers view it as a proactive way to build long-term wealth for children, others have engaged in debate over the practice of starting investment accounts at such a young age.