Top 10 stocks of ULIPs managed by LIC
Stocks : Though LIC has been the dominant player in managing life, pension, annuity and group insurance products, it has miniscule exposure to Unit Linked Insurance Plans (ULIP). According to regulatory body IRDAI’s Annual Report of 2020-21, LIC’s overall investment value (Assets Under Management) is Rs 34 lakh crore, of which ULIPs accounted for less than 1 per cent or Rs 24,775 crore (as of March 2021). LIC’s ULIP pie among life insurers was also miniscule, at just 5 per cent of the overall AUM of Rs 5.2 lakh crore (as of March 2021). The latest monthly factsheet of LIC's shows that there are 63 ULIP's funds offered to policyholders. Their managed corpus as of December 31, 2021 was Rs. 23,034 crores. Also Read : LIC IPO : Dates, Issue Price, GMP, Subscription, Share Analysis and Allotment About Rs 14,400 crore was invested in equity assets. LIC has disclosed only the top 10 holdings for each ULIP portfolio. Here are the top stocks held by most LIC ULIP plans. Currently, the