Clearfunds.com, a fast growing online investment advisor, said it has emerged as the platform selling the maximum number of mutual funds (MFs) on a direct basis in the country. The platform now allows its customers to transact on any direct scheme from 35 out of the 38 operational asset management companies (AMCs) in India.
The current list of over 3000 direct MFs is available on Clearfunds.com. This covers 99.95% of all MF schemes in India by assets under management, the portal said. The company is now an online channel partner with 35 AMCs and has built technology interfaces with the largest four MF RTAs (Registrar and Transfer Agents).