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        Corp. Laws / SEBI / IBC

        AlphaGrep Receives In-Principle Approval from SEBI to Sponsor Mutual Fund

        June 19, 2025

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        MUMBAI, India, June 19, 2025 /PRNewswire/ -- AlphaGrep Securities, a leading quantitative investment firm specializing in systematic strategies, is pleased to announce that it has received the in-principle approval from SEBI to sponsor a Mutual Fund.

        This approval marks a significant milestone in AlphaGrep's journey to bring its data-driven, technology-powered investment capabilities to a broader retail and institutional investor base in India.

        Founded by Mohit Mutreja and Parshant Mittal in 2010, AlphaGrep has built a specialised quant trading and investment platform. AlphaGrep manages more than Rs 8500 crs globally.

        Founded on the principles of transparency, discipline, and research-led decision making, AGIM has established itself as a pioneer in quantitative and algorithmic investing in India. With a proven track record of managing alternative assets and delivering risk-adjusted returns, the firm now aims to democratize access to sophisticated investment strategies through its upcoming suite of mutual fund products.

        Bhautik Ambani, CEO of AlphaGrep Investment Management, said, "We are grateful to SEBI for granting us the in-principle approval and for fostering an environment that encourages innovation in asset management. This development reinforces our long-term vision of offering investors access to differentiated, systematic and quant-driven investment solutions grounded in technology and data science." The new mutual fund business will operate under the same quantitative philosophy that has driven AlphaGrep's success – combining advanced mathematical models, machine learning, and a disciplined approach to portfolio construction. The firm plans to offer a range of quant-driven actively managed products catering to diverse investor needs, including equity and hybrid strategies.

        The final registration and operational launch are subject to the fulfilment of SEBI's prescribed requirements.

        About AlphaGrep Investment Management (AGIM): https://alphagrepim.com/alphagrep-investment-management-india/ AlphaGrep Investment Management (AGIM) is the asset management vertical in India which will house the proposed Mutual Fund business. AGIM with an AUM of more than INR 2000crs and 500+ clients across two SEBI registered CAT III AIF's (long-short), Long Only PMS and GIFT city domiciled outbound CAT III AIF.

        About AlphaGrep Securities: AlphaGrep is a quantitative trading and investment firm. We research and develop algorithmic trading strategies using advanced mathematical and statistical techniques, and trade them across all asset classes on 30+ exchanges globally. We are leading market makers and amongst the top market participants by volume on several exchanges and products globally.

        We are a family of 400+ members spread across our 10 offices in Asia, America and Europe.

        (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

        In-principle approval to sponsor mutual fund allows AlphaGrep to proceed pending regulatory compliance conditions. SEBI has granted in-principle approval for AlphaGrep to sponsor a mutual fund, allowing AlphaGrep Investment Management (AGIM) to pursue formal registration as the asset management vehicle; final registration and launch remain subject to fulfilment of SEBI's prescribed conditions. AlphaGrep intends to run quant-driven actively managed products, drawing on its existing alternative asset and PMS operations.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                In-principle approval to sponsor mutual fund allows AlphaGrep to proceed pending regulatory compliance conditions.

                                SEBI has granted in-principle approval for AlphaGrep to sponsor a mutual fund, allowing AlphaGrep Investment Management (AGIM) to pursue formal registration as the asset management vehicle; final registration and launch remain subject to fulfilment of SEBI's prescribed conditions. AlphaGrep intends to run quant-driven actively managed products, drawing on its existing alternative asset and PMS operations.





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