Moneycontrol PRO
Upcoming Event:Attend Algo Convention Live, 2 Days & 12+ Speakers at best offer Rs.999/-, exclusive for Moneycontrol Pro subscribers. Register now!

Here are the top 10 stocks of ULIPs managed by LIC

ULIPs accounted for less than a percent ( or Rs 24,775 crore) of LIC's overall assets under management as of March 2021

April 27, 2022 / 08:20 AM IST
Intro
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 (ULIPs). 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). As per the monthly factsheet of LIC as of December 2021 shows that there are 63 ULIP funds offered to policyholders. Their managed corpus as of December 31, 2021 was Rs. 23,034 crore. 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, there are 46 equity related ULIP funds offered by LIC. Data as of December 2021. Source: LIC website.
Total number of LIC’s ULIP Funds that held the stock of ICICI Bank in their top 10 holdings (As of Dec 2021): 40. ICICI Bank was the most preferred stock among the ULIP funds offered by LIC. Pure equity ULIP funds such as LICI ULIP(Nivesh Plus) & SIIP Growth, Jeevan Plus Growth, Market Plus Growth, Market Plus I Growth, Endowment Plus Growth, Money Plus Growth and Profit Plus Growth held the significant exposure to the stock.
Total number of LIC’s ULIP Funds that held the stock of ICICI Bank in their top 10 holdings (As of Dec 2021): 40. ICICI Bank was the most preferred stock among the ULIP funds offered by LIC. Pure equity ULIP funds such as LICI ULIP(Nivesh Plus) & SIIP Growth, Jeevan Plus Growth, Market Plus Growth, Market Plus I Growth, Endowment Plus Growth, Money Plus Growth and Profit Plus Growth held the significant exposure to the stock.
Infos2
Total number of LIC’s ULIP Funds that held the stock of Infosys: 36. Stock of the Infosys held by LIC ULIP funds include Endowment Plus Growth, Health plus fund, Money Plus I Secured, Profit Plus Balanced and Money Plus Growth.
TCS2
Total number of LIC’s ULIP Funds that held the stock: 34. Stock of the IT major is held by the funds include Profit Plus Balanced, Money Plus Balanced, Market Plus Growth, Jeevan Plus Growth, Future Plus Growth and LICI ULIP(Nivesh Plus) & SIIP Growth.
Lnt
Total number of LIC’s ULIP Funds that held the stock: 33. Future Plus Growth, New Endowment Plus Secured, New Endowment Plus Growth and Money Plus Secured were few ULIPs offered by LIC held the stock of L&T in December 2021.
RIL 5
Total number of LIC’s ULIP Funds that held the stock (as of Dec 2021): 33. ULIP funds like Money Plus Balanced, Profit Plus Balanced, ChildFortune Plus Secured and Gratuity Plus Balanced held the stock of Reliance Industries.
Total number of LIC’s ULIP Funds that held the stock (As of Dec 2021): 31. Future Plus Growth, Profit Plus Secured, Future Plus Secured and Profit Plus Balanced were few LIC ULIPs held the stock in their portfolio.
Total number of LIC’s ULIP Funds that held the stock (As of Dec 2021): 31. Future Plus Growth, Profit Plus Secured, Future Plus Secured and Profit Plus Balanced were few LIC ULIPs held the stock in their portfolio.
Total number of LIC’s ULIP Funds that held the stock of HDFC Bank: 25. ULIP funds such as Market Plus I Secured, LICI ULIP(Nivesh Plus) and SIIP Secured, LICI ULIP(Nivesh Plus) & SIIP Growth and LICI ULIP(Nivesh Plus) and SIIP Balanced held the stock of HDFC Bank.
Total number of LIC’s ULIP Funds that held the stock of HDFC Bank: 25. ULIP funds such as Market Plus I Secured, LICI ULIP(Nivesh Plus) and SIIP Secured, LICI ULIP(Nivesh Plus) & SIIP Growth and LICI ULIP(Nivesh Plus) and SIIP Balanced held the stock of HDFC Bank.
Total number of LIC’s ULIP Funds that held the stock: 20. Future Plus Income, Market Plus Growth, Money Plus Growth and Future Plus Income were few LIC ULIP funds held the stock of the ITC.
Total number of LIC’s ULIP Funds that held the stock: 20. Future Plus Income, Market Plus Growth, Money Plus Growth and Future Plus Income were few LIC ULIP funds held the stock of the ITC.
HCL 9
Total number of LIC’s ULIP Funds that held the stock of HCL: 17. Few LIC ULIP funds that had significant exposure in the portfolio in December include Market Plus Secured, Pension Plus Mixed, Gratuity Plus Income Fund, Market Plus I Secured and Health protection plus fund.
Total number of LIC’s ULIP Funds that held the stock: 17. Stock of Tata steel was held by LICI ULIP(Nivesh Plus) & SIIP Balanced, LICI ULIP(Nivesh Plus) & SIIP Growth, New Endowment Plus Balanced and Future Plus Growth.
Total number of LIC’s ULIP Funds that held the stock: 17. Stock of Tata steel was held by LICI ULIP(Nivesh Plus) & SIIP Balanced, LICI ULIP(Nivesh Plus) & SIIP Growth, New Endowment Plus Balanced and Future Plus Growth.
Dhuraivel Gunasekaran
Sections
ISO 27001 - BSI Assurance Mark