Aequitas Investments has seen significant growth in its assets under management (AUM) over the years. A crore invested in 2013 has now grown to 25 crores, with a compounded annual growth rate (CAGR) of 35% over the last 11 years. The PMS portfolio has also delivered impressive returns, with more than 90% growth in 2023 alone. However, the company is cautious about the current market conditions, as valuations are high and opportunities for finding multi-baggers are limited. The focus for the future will be on fiscal consolidation, infrastructure spending, and sectors like capital goods, metal, and mining.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest