AlphaGrep gets Sebi approval to launch mutual fund business

AlphaGrep, a global quantitative trading and investment company, said on Thursday that it has received approval from market regulator Sebi to launch its mutual fund business, marking its entry into the retail asset management space.

With the launch of the AlphaGrep Investment Fund, the firm aims to democratize algorithm-driven investing by providing retail investors with access to advanced, systematic investment vehicles traditionally only available to institutional investors and ultra-high net worth individuals.

The mutual fund arm will operate under AlphaGrep Investment Management Pvt Ltd (AGIM), which currently manages multiple companies. ₹2,000 crore assets by February 2026 across specialized AIF and PMS platforms, including operations in GIFT City.

In a statement, the company said that the new vertical will focus on hybrid strategies powered by quantitative equity and advanced mathematical models, artificial intelligence and machine learning.

The mutual fund business will be led by AlphaGrep Investment Management CEO Bhautik Ambani.

“Our mutual fund offerings will be ‘Investment Engineering’ combining human intuition with machine precision. We are grateful to Sebi for this opportunity and look forward to partnering closely with the mutual fund distributor community across the country,” Ambani said. he said.

AlphaGrep Investment Fund expects to launch its first set of New Fund Offerings (NFOs) in the coming months, focusing on systematic equity strategies and rules-based hybrid products.