First and only direct platform to sell 35 of 38 mutual funds available in India, more than any other online advisor.
India, August, 2017:Clearfunds.com, one of India’s fastest growing online investment advisers have emerged as the platform selling the maximum number of Direct Mutual Funds in India. The platform now allows its customers to transact on any direct scheme from 35 of the 38 operational Asset Management Companies in India.
The current list of 3,000+ direct mutual funds available on Clearfunds.com covers 99.95% of all mutual fund schemes in India by assets under Management.The Company is now an online channel partner with 35 Asset Management Companies and has built technology interfaces with the largest 4 Mutual Fund RTAs (Registrar and Transfer Agents).
Kunal Bajaj, CEO and Co-Founder, Clearfunds.com said, ‘We are delighted to have been able to deliver this freedom of choice to our customers. Our goal remains to provide our customers the best possible investment advice with a smooth transaction experience at the lowest possible cost. We believe that customers should have the freedom to choose where to invest their savings, and they have the right to investment advice which is scientific, transparent and unbiased by any fees or commissions.”
Clearfunds has a simple, transparent and fair pricing policy –it charges users a flat fee of Rs.199 every time they make a lump sum investment or set up an SIP regardless of the transaction amount.
ABOUT CLEARFUNDS
Founded in 2016, Clearfunds is a SEBI-registered online investment advisor built on the principle of total transparency. In a world of hidden charges, false promises and confusing sales talk, Clearfunds’ simple belief is that transparency is profitable for its customers and their advisors, in the long run.
Using advanced technology to harness powerful data analytics, Clearfunds is on a mission to give everyone access to the best possible investment experience at the lowest possible cost. The founding team of Clearfunds.com has over 70 years of collective experience in leadership roles in finance, equities, fund management, technology and investment banking, in India and overseas, at Goldman Sachs, Credit Suisse, J.P. Morgan, Jefferies & Co., CLSA, Edelweiss, Deloitte, Strategy& (a PwC company), and Macquarie Bank.
ABOUT THE TEAM
Kunal Bajaj, CEO and Co-founder has 18 years of experience in Institutional Equity Sales, Trading and Risk Management at some of the world’s largest financial institutions such as Goldman Sachs, Credit Suisse, J.P. Morgan and CLSA, and has worked in large Asian markets – in India and Japan.