DelhiDesk Life Insurance Corporation (LIC) has a portfolio worth approximately Rs 10 lakh crore and has invested in 273 shares. Twelve of these stocks have given returns of at least 20% so far this year, with ITC being the standout performer with a 30% return. LIC has reduced its stake in ITC by 2 basis points in the March 2023 quarter, but the value of its investment has still increased by Rs 17129 crore due to the rise in ITC shares. The largest holding in LIC’s portfolio is in Reliance Industries Limited (RIL), with a current market value of Rs 1.06 lakh crore, but the stock has given negative returns so far this year. LIC has also raised its stake in IRB Infra, Infosys, Asian Paints, and other companies.
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👉 The portfolio of LIC is about Rs 10 lakh crore with stakes on 273 shares.
👉 12 stocks in LIC’s portfolio have given returns of at least 20% so far this year, with ITC being the superstar.
👉 LIC has reduced its stake in ITC by 2 basis points in the March 2023 quarter and now holds 15.27% in the company.
👉 LIC’s biggest holding is in RIL, with current market value of investments at Rs 1.06 lakh crore.
👉 LIC has raised its stake in IRB Infra, Infosys, Asian Paints, Reliance Industries, and more during the March 2023 quarter.
👉 Information provided here is only about stock performance and does not constitute investment advice.
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