NFO Alert: AlphaGrep Mutual Fund Launches Flexi Cap Fund

AlphaGrep Mutual Fund has launched the AlphaGrep Flexi Cap Fund, an open-ended equity scheme under the flexi cap category. The New Fund Offer (NFO) opened for subscription on 21 July 2026 and will close on 4 August 2026.  

After the allotment process is completed, the scheme will reopen for continuous purchase and redemption within the timelines specified under SEBI regulations. 

Investment Objective and Strategy 

The scheme aims to generate long-term capital appreciation by investing primarily in equity and equity-related instruments. As a flexi cap fund, it can allocate investments across large-cap, mid-cap and small-cap companieswithout any fixed market-cap allocation. 

 This gives the portfolio the flexibility to adjust exposure based on available opportunities and prevailing market conditions. 

Scheme Details 

The fund is available in both Growth and IDCW (Income Distribution cum Capital Withdrawal) options. The minimum investment during the NFO is ₹500, making it accessible to a wide range of investors.  

There is no lock-in period. However, an exit load of 1% will be charged if units are redeemed within 15 days from the date of allotment. No exit load will apply after this period. 

Fund Management and Risk 

The scheme will be managed by Ravneet Singh. Its performance will be measured against the NIFTY 500 Total Return Index (TRI), which represents companies across different market capitalisations.  

According to the Scheme Information Document, the fund has been assigned a 'Very High' risk rating on the Riskometer, reflecting the nature of investments in equity and equity-related securities. 

Read More: Mutual Funds Increase Holdings in Financials, IT, and FMCG as FIIs Sell in June 2026! 

Conclusion 

The new flexi cap scheme offers exposure to equities across large-, mid- and small-cap companies. Investors can subscribe to the NFO until 4 August 2026, with no lock-in period and a 1% exit load for redemptions within 15 days. 

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal 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 the related documents carefully before investing.