Hubbis

Towards a digital future for investment advice in India

When looking at the potential for the digitisation of advice and investments in India, Kunal Bajaj, founder and chief executive officer of Clearfunds, says the industry hasn’t yet begun to scratch the surface. At the moment, there are 15 million mutual fund accounts or so, but the country has roughly 1.3 billion people. Even discounting half of them for being below the required income level, there is still a significant population to access.