
AlphaGrep, a quantitative trading and investment firm, has received a mutual fund licence from the Securities and Exchange Board of India (SEBI), enabling the company to enter India’s retail asset management industry. The approval marks a significant step for the firm as it expands beyond its existing investment platforms into the broader mutual fund market.
The new mutual fund operations will be conducted through AlphaGrep Investment Management Pvt Ltd, which will oversee the company’s retail-focused asset management activities.
AlphaGrep Investment Management currently manages around ₹2,000 crore across its Alternative Investment Fund (AIF) and Portfolio Management Services (PMS) platforms. These investment services include operations in GIFT City, India’s international financial services hub.
Founded in 2010, AlphaGrep has steadily grown its footprint in global markets. As of February 28, 2026, the firm manages more than ₹8,500 crore in assets worldwide. It is also recognised as one of the larger participants by trading volume on Indian stock exchanges, reflecting its strong presence in algorithmic and quantitative trading.
The company plans to introduce investment products that rely on systematic and data-driven strategies. These strategies will focus on quantitative equity and hybrid funds that utilise mathematical models, artificial intelligence, and machine learning to identify investment opportunities.
According to Mohit Mutreja, co-founder and chairman of AlphaGrep, the mutual fund licence represents a key milestone for the firm. He noted that the move will allow the company to extend technology-driven investment solutions to a wider group of investors in the retail market.
The mutual fund business will be led by Bhautik Ambani, who will serve as the Chief Executive Officer of AlphaGrep Investment Management. Under his leadership, the firm plans to roll out its first new fund offers (NFOs) in the coming months.
These upcoming funds are expected to focus on systematic equity strategies and rules-based hybrid investment approaches designed to combine quantitative insights with diversified portfolio allocation.
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With SEBI’s approval, AlphaGrep is set to expand its presence from institutional and high-net-worth investment services into the retail mutual fund segment. By leveraging its expertise in quantitative trading and technology-driven strategies, the firm aims to introduce systematic investment products that could appeal to a growing base of investors seeking data-driven portfolio management solutions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
Published on: Mar 12, 2026, 10:35 AM IST

Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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