AlphaGrep Mutual Fund launches Multi Asset Allocation Fund; NFO opens on July 6

AlphaGrep Mutual Fund has announced the launch of its first New Fund Offer (NFO), the AlphaGrep Multi Asset Allocation Fund, marking the firm's entry into the Indian mutual fund market.

The NFO will open on July 6, 2026. The open-ended scheme will invest across equity and equity-related instruments, debt and money market instruments, gold, silver and other permitted commodity exchange-traded funds (ETFs), as well as exchange-traded commodity derivatives.

The fund aims to generate long-term capital appreciation through a diversified portfolio spread across multiple asset classes. It will follow a quantitative investment approach that dynamically allocates investments across equities, fixed income and commodities using proprietary models designed to respond to changing market conditions.

According to the fund house, the strategy combines dynamic asset allocation with quantitative security selection. For stock selection, the fund uses factors such as value, momentum, quality and size, along with proprietary signals based on earnings revisions, sentiment analysis, fund flows, seasonality and machine learning models.

Commenting on the launch, Bhautik Ambani, Chief Executive Officer, AlphaGrep Mutual Fund, said: "Algorithmic investing has been at the core of AlphaGrep's DNA for over a decade. Through the AlphaGrep Multi Asset Allocation Fund, we are democratizing institutional-grade algorithmic investing for retail investors. The fund leverages proprietary quantitative models and systematic processes to make investment decisions across asset classes, enabling portfolios to dynamically adapt to changing market environments while maintaining discipline, consistency and robust risk management. We believe this approach may help investors navigate market complexities and build long-term wealth more efficiently."

The scheme will be managed by Ravneet Singh and will be benchmarked against a composite index comprising 35% NIFTY 200 TRI, 45% NIFTY Composite Debt Index and 20% MCX iCOMDEX Composite Index.

The minimum investment amount is ₹500 for both lump sum investments and SIPs. SIPs will be available on a weekly, fortnightly, monthly and quarterly basis, with a minimum of six instalments.

An exit load of 1% will be applicable if units are redeemed within 15 days from the date of allotment, while no exit load will be charged thereafter. The scheme carries a 'Very High' risk rating under the Riskometer.