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Who Will Benefit From LIC's ₹1.2 Lakh Crore Investment | Paisa Live
In the current financial year, LIC plans to invest ₹1.20 lakh crore in the stock market. So far, it has already invested ₹38,000 crore. In the same period last year, its investment was ₹23,000 crore. Additionally, LIC earned a profit of ₹15,500 crore from its stock market investments in just one quarter. This represents a 13.5% increase on a quarterly basis. The significant increase in investment and the rise in profit highlight LIC’s growing impact and success in the stock market. The strategic investments have not only expanded LIC's market presence but also contributed significantly to its financial gains, showcasing its robust performance in the financial sector.
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