A Hindu Undivided Family (HUF) is a way for families to manage their assets together and save on taxes. It has a head called the Karta, usually the eldest male, who manages the family's finances. HUFs get tax benefits, can invest in property and insurance, and enjoy separate tax exemptions. However, they can be difficult to dissolve as all members have equal rights. https://www.rrfinance.com/Blogs/Everything-You-Need-to-Know-About-Hindu-Undivided-Families.aspx