AlphaGrep Granted Mutual Fund Licence by SEBI

AlphaGrep Receives Mutual Fund Licence from SEBI

AlphaGrep, a global quantitative trading and investment firm, has received a mutual fund licence from the Securities and Exchange Board of India (SEBI). This development marks a significant milestone for the firm, which has evolved from a boutique quantitative trading desk since its founding in 2010.

As of February 2026, AlphaGrep manages over Rs 8,500-crore in assets, making it one of the largest participants by trading volume on domestic exchanges. The firm aims to bring data science-driven investment strategies to retail investors through the launch of AlphaGrep Mutual Fund, offering access to systematic investment tools previously limited to institutional investors and ultra-high-net-worth individuals.

The MF business will operate under AlphaGrep Investment Management Pvt Ltd (AGIM), which already manages Rs 2,000 crore in assets through its alternative investment fund (AIF) and portfolio management services (PMS) platforms, including operations in GIFT City. The new MF platform will focus on quantitative equity and hybrid strategies, utilizing advanced mathematical models along with artificial intelligence and machine learning.

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Bhautik Ambani, Chief Executive Officer of AlphaGrep Investment Management, will lead the MF business. The firm plans to launch its first New Fund Offers (NFOs) in the coming months, focusing on systematic equity strategies and rules-based hybrid investment products.