Archive · 16 Jun 2025
AlphaGrep Securities Gets SEBI Nod for Mutual Fund Venture
AlphaGrep Securities, a company that invests using math and computers, is now allowed to start its own mutual fund.
They have to meet some requirements before they can fully launch.
The company, which manages a lot of money already, plans to use the same smart computer programs to pick investments for the new mutual fund.
They will offer different types of funds that use these advanced strategies to invest in stocks and other assets.
AlphaGrep Securities received in-principle approval from SEBI to sponsor a mutual fund.
Final registration and launch depend on fulfilling SEBI's requirements.
Founded in 2010 by Mohit Mutreja and Parshant Mittal, AlphaGrep manages over ₹8,500 crore globally.
The new mutual fund business will operate under the same quantitative philosophy as AlphaGrep.
The firm plans to offer quant-driven actively managed products.
- Who
- AlphaGrep Securities, SEBI
- What
- AlphaGrep Securities received approval from SEBI to sponsor a mutual fund.
- When
- Published on June 16, 2025
- Where
- Not explicitly stated.
- Why
- To offer quant-driven actively managed products to investors.
- Company
- AlphaGrep Securities
- Approval Received From
- SEBI
- Founders
- Mohit Mutreja and Parshant Mittal
- Year Founded
- 2010
- Global Assets Under Management
- ₹8,500 crore
- AGIM AUM
- ₹2,000 crore
- Business strategy
- Quantitative investment
