June 16, 2025 03:23 PM IST
The new mutual funds will focus on quantitative strategies, take advantage of advanced models and machine learning to meet the needs of various investors.
A quantitative investment firm Alfagrepe Securities said on Monday that he had received an in-principal approval to sponsor Mutual Fund from SEBI.
This approval is a milestone in the journey of Alfagrep to bring its data-managed, technology-powered investment capabilities for a broad retail and institutional. Investor base In India, it said in a statement.
Established in 2010, Alfagrepe has created a special volume Business And investment platform manages more and more 8,500 crores globally, said this.
Alfagrepe Investment Management (AGIM) is asset management vertical that will give home to the proposed Mutual fund Business.
The new mutual fund business will work under the same quantitative philosophy that has operated the success of Alfagrape – a combination of a disciplined approach for advanced mathematical models, machine learning and portfolio construction, said this.
The firm plans to offer a range of diversely actively managed products. Investor The needs, including equity and hybrid strategies, said this.
Subject to the fulfillment of final registration and operational launch SebiOf prescribed requirements, it was added.
