Clearfunds with a straightforward principle, according to Bajaj. “To be different from the private banks.” “Our founding motto is something I’ve picked up from one of [American investor] Charlie Munger’s speeches, where he said that ‘We will not sell anything that isn’t in the best interest of our customers.’” Clearfunds has that as a company motto. “What we do is we make sure we’re completely transparent in the way we operate,” he says. “We sell only direct funds, which effectively means that the customer avoids that commission on any mutual fund he purchases.”
