#AlphaGrep #AlphaGrepMutualFunds #AlphaGrepSEBI #AlphaGrepMF
Mumbai: AlphaGrep Securities, a leading global player in quantitative trading, has received in-principle approval from the Securities and Exchange Board of India (SEBI) to sponsor a mutual fund, paving the way for its entry into India’s fast-growing ₹55 lakh crore mutual fund industry.
The mutual fund business will be operated through AlphaGrep Investment Management (AGIM), the company’s domestic asset management arm. AGIM already manages over ₹2,000 crore across various investment platforms, including SEBI-registered Category III AIFs, a long-only Portfolio Management Service (PMS), and an offshore AIF housed at GIFT City.
Founded in 2010 by Mohit Mutreja and Parshant Mittal, AlphaGrep has built a strong reputation for its quantitative and systematic trading strategies, leveraging advanced data science, machine learning, and mathematical models to drive investment decisions. The firm manages more than ₹8,500 crore globally and operates across 10 international offices, with over 400 employees.
“We are grateful to SEBI for granting us the in-principle approval,” said Bhautik Ambani, CEO of AGIM. “This supports our vision to provide investors with differentiated, systematic, and data-driven investment solutions.”
The proposed mutual fund offerings will follow AlphaGrep’s signature quant-driven approach, targeting both retail and institutional investors. The product lineup is expected to include actively managed equity and hybrid schemes designed using proprietary models.
The mutual fund launch remains subject to final regulatory clearances from SEBI and fulfilment of compliance norms.
With this move, AlphaGrep becomes the latest technology-led firm to enter India’s mutual fund space, amid rising investor interest in data-driven and low-cost investing strategies.
