Clearfunds.com announces maximum freedom of choice for Direct Mutual Funds on its online platform
First
and only direct platform to sell 35 of 38 mutual funds available in India, more
than any other online advisor
by Shrutee K/DNS
Mumbai, August 17, 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.
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