Crypto Hedge Fund Arca to Lay Off 30% of Its Staff
Arca hedge fund has reduced its headcount by 30%, explaining the decision to lay off a third of its staff by a challenging environment.
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Arca hedge fund has reduced its headcount by 30%, explaining the decision to lay off a third of its staff by a challenging environment.
India's total value of defence production breached Rs 1 trillion-mark in the fiscal year 2022-23 (FY23), up 12 per cent year-on-year (YoY). At the bourses, this has been well reflected in related-stocks from the sector as they gained considerable ground during this period. Shares of Hindustan Aeronautics (HAL), Mazagon Dock Shipbuilders, MTAR Technologies, Bharat Electronics (BEL), and Bharat Dynamics (BDL) have skyrocketed up to 160 per cent in a year, as against a 14 per cent jump in the S&P BSE Sensex.
Let us look at how the mutual fund AUMs have grown in the post COVID 3 year period.
For March 2023, inflows into active equity funds were 31% MOM at Rs20,534 crore.
For the first time, investments via systematic investment plans (SIPs) topped the Rs 14,000 crore mark in March.