AlphaGrep Gets SEBI Nod: A Pioneer in Quantitative Investing Expands to Mutual Funds

AlphaGrep Securities, a leading name in the quantitative investment arena, has secured in-principle approval from SEBI to launch a Mutual Fund, a strategic move that aims to broaden its investment reach both to retail and institutional clients across India.

Founded in 2010 by Mohit Mutreja and Parshant Mittal, AlphaGrep has crafted a niche in quant trading, managing Rs 8500 crore globally. Under the principles of transparency, research-led decision-making, and a strong track record, the firm seeks to make sophisticated, algorithm-driven strategies accessible to a broader audience through its upcoming mutual fund offerings.

Bhautik Ambani, CEO of AlphaGrep Investment Management, expressed gratitude for SEBI's support, highlighting the alignment with the firm's vision of providing differentiated, quant-driven investment solutions leveraging technology and data science. The final launch awaits SEBI's regulatory requirements.

(With inputs from agencies.)