STARTUPS

In a world of hidden charges, false promises and confusing sales talk, Clearfunds’ simple belief is that transparency is profitable for investors and for the industry, in the long run.

The dimension of investment found momentum only lately when the social prosperities started to rise across the strata. Courtesy to the economic reforms ushered by the governments in last two to three decades that we find the goodness brewing and national GDP chugging up fast. People started looking for the best options of investment with the objective of optimized returns. However, the government intervened and administered options of NSCs, FD etc failed to satisfy the aspirations of people that sought more. Leading investment advisor clearfunds.com counsels for the mutual funds as the best option for all. Clearfunds.com acts as an online investment advisor also for the common investors that are looking to park their savings.
Clearfunds.com, India’s fastest growing online investment advisers have emerged as the platform selling the maximum number of Direct Mutual Funds in India. The platform 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. Apart from being an online channel partner with 35 Asset Management Companies, it 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.”
A user can make a lumpsum investment or set up a FLEXI-SIP in any of the 3000 schemes from 35 AMCs on the platform. Clearfunds.com offers more flexibility & choices than any other direct Mutual Fund platform in India.
Clearfunds charges users a flat fee of Rs.199 every time they make a lumpsum investment or set up a SIP (for 36 months) regardless of the transaction amount.
ABOUT THE TEAM
Kunal Bajaj, Founder & CEO, 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.
Sarosh Irani, Co-Founder & COO, has 30 years of experience in financial services in India, His last role was Chief Operating Officer at Jefferies India. For 20+ years he has held management positions at, Jardine Fleming/ J.P. Morgan, Macquarie, New Vernon & Edelweiss.
Jaideep Tibrewala has 16 years of international work experience in IT Consulting and Strategy both in the US and India at Deloitte, PwC, Peninsula Land / Ashok Piramal Group. His last role was Founder of LoanManch, an online P2P marketplace in the consumer lending space. He has a Bachelor’s degree in CS from Wisconsin-Madison and a MBA in Strategy from Chicago Booth.
Kunal quit his job as a stockbroker because he was appalled by how expensive it was to manage his own investments and frustrated by the lack of transparency in the wealth management industry. He was convinced that there had to be a better alternative. That was how Clearfunds was born.
ABOUT CLEARFUNDS
Clearfunds is an online investment advisor that lets investors buy direct mutual funds in India at a low, fixed fee. 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. And because the only fees that Clearfunds ever receives is from its customers, one can be sure that the advice is truly in the customer’s best interest.
In a world of hidden charges, false promises and confusing sales talk, Clearfunds’ simple belief is that transparency is profitable for investors and for the industry, in the long run.
Clearfunds.com (Harvest Fintech Private Limited) is a SEBI-registered investment adviser (INA000004773).

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