AlphaGrep, a leading stock market investment company, is now entering the mutual fund business in India. The company has received a mutual fund license from the Securities and Exchange Board of India (SEBI).
With this approval, regular investors in India will soon be able to use advanced, data-driven investment technologies. Earlier, these technologies were mostly available only to wealthy individuals and foreign investors.
Mathematical Investing for the Common Man
AlphaGrep CEO Bhautik Ambani said the company’s aim is to make investing as accurate and systematic as engineering. According to him, using data and mathematics instead of guesswork can lead to better investment results.
Until now, this algorithm-based investment technology was mainly used by large financial institutions. However, AlphaGrep now plans to make this approach accessible to ordinary Indian investors so that everyone can benefit from it.
New Mutual Funds to Be Launched Soon
After receiving the license, the company plans to launch its first mutual fund offers, known as New Fund Offers (NFOs), within the next few months.
These funds will rely heavily on Artificial Intelligence (AI) and specialized computer models to make investment decisions.
Company Chairman Mohit Mutreja said their goal is to provide investors with a scientific and modern way to grow their wealth.
16 Years of Experience and Growth
AlphaGrep began as a small company in 2010. Over the years, it has grown significantly and now manages investments worth more than ₹8,500 crore worldwide.
In India, the company already manages more than ₹2,000 crore for large investors through services like Alternative Investment Funds (AIFs) and Portfolio Management Services (PMS).
With its new mutual fund plans, AlphaGrep aims to bring its 16 years of experience to ordinary investors across the country.