LIC DRHP: Equity investments valued at Rs 9.78 lakh cr, double since March 2020

LIC DRHP: Equity investments valued at Rs 9.78 lakh cr, double since March 2020

NEW DELHI: Life Insurance Corporation of India (LIC), India’s largest life insurer and also a major player in the stock market, said its policyholders’ fund had equity investments of Rs 9,78,493.81 crore as of September 30, representing 24.78 per cent of the total Rs 39,49,516.37 crore worth investments. It stood at Rs 4,61,649.67 crore or … Read more