Private Insurance and Equity instruments are driven solely for profit and aim to continuously increase their profit margins. For a product such as insurance, the customer can bear devastating consequences by investing in a product belonging to such insurance companies and their number-loving management
Let’s take example of Public Provident Fund instead. Government of India runs PPF not for profiteering but to safeguard its citizens against private banking risks.
Yes, even a bank account is a risk — so equity is highest risk, with market fluctuations, long-term and short-term uncertainty, capital gains tax among other taxes.
However, LIC was and is a machinery to protect and nurture the citizens.
The government’s core founding statement when creating the Life Insurance Corporation (LIC) in 1956 emphasized nationalization to protect policyholder funds from widespread malpractice by private insurers and to serve as a tool for national economic development, particularly by spreading insurance to rural areas.
LIC is meant for safeguarding the bread-winner against life’s uncertainties. It also aims to provide a system of protection and income to non-earnimg members of your family. These members don’t earn money, but their contribution to family unit and society is invaluable. In most cases, these family members offer more valuable contributions than the family member who only contributes money and nothing else.
LIC has the money to back-up each and all its claims and promises. Even after IPO, the government owns unimaginable wealth in the form of LIC.
The employees are limited in strength and the business is sustained and serviced majorly by its million agents across India. A total of 1.48 million active agents as of June 2025.
With such a business mission, financial reserves, central government overwatch, sustained engagement of its human capital resources, and modern competitive products, LIC is the future for all Indians in a highly treacherous global economy and volatile market, not a relic of the past.
In fact, not just in India, there may not be any financial instrument elsewhere in the world such as LIC’s Jeevan Utsav or Jeevan Umang and even Nav Jeevan Shree with their generous features and benefits.
In ULIP market also, the performance of LIC Nivesh Plus and LIC Index Plus has been exemplary. Index Plus consistently beats all other large cap Mutual Funds in gains and returns. Mortality charges are refunded at maturity. Tax benefits along with life insurance makes it unbeatable as an equity investment product in India.
As of March 2025, Life Insurance Corporation of India (LIC) has a total Assets Under Management (AUM) of ₹54,52,297 crore (approximately ₹54.5 trillion), which is its total market value.
Its major equity holdings include investments in Reliance Industries (₹1.34 lakh crore), ITC Ltd (₹80,874 crore), and HDFC Bank (₹72,180 crore) as of the March 2025 quarter, according to Moneycontrol.
Key Figures for LIC Holdings
Total Assets Under Management (AUM):
₹54,52,297 crore as of March 31, 2025.
Total Assets (Balance Sheet):
₹58.271 trillion as of March 2025.
Major Equity Investments (as of March 2025 quarter)
Moneycontrol reports these significant holdings:
Reliance Industries (RIL): 89.39 crore shares, representing a 6.74% stake, valued at ₹1.34 lakh crore.
ITC Ltd: 194.18 crore shares, or a 15.52% stake, valued at ₹80,874 crore.
HDFC Bank: Investment worth ₹72,180 crore.
State Bank of India (SBI): Holding valued at ₹68,031 crore.
National Stock Exchange (NSE): A 10.7% stake or 26.53 crore shares, valued at over ₹66,319 crore.
If you think there is a fast way to double your money–you can be sure that exact same method can reduce it to a fraction of your principal capital invested.
Knowledge is power and lack of it makes people chase their own tails and then they chase after other’s tails imagining what worked for Tom, will make magic for every Dick and Harry as well. If you wish to learn how to invest, you can either apply for a university degree, or find a reputable LIC agent in a popular LIC Branch near you.
There is no excuse for ineptitude and laziness in the information age, where you can not only gain all access to facts and figures, but also test them and their relevance to you.
If you are looking for understanding these LIC products more thoroughly, email us with your queries — GET@BUDVICE.COM
