LIC, the country's largest insurance company, not only works to save the future of the people, but is also the largest institutional investor in the country. The insurance company also invests the same money in the stock market. You will be surprised to know that due to this decline in the stock market, LIC has drowned Rs 1.45 lakh crore during this period.
Due to this loss in just two months, LIC's Potfolia, which was Rs 14.9 lakh crore in December 2024, was reduced to Rs 13.4 lakh crore on the last day of February. Now you can understand how much loss has been done to LIC in two months. According to the stock market experts, this has caused the biggest loss to LIC in recent times. Let us also try to explain to you in the language of the figures, after all, the company like LIC has suffered from the drowning of which shares.
According to the data of Ace Equity, ITC has caused the biggest loss to LIC. Which has the second largest stake of LIC. In two months, ITC shares saw a decline of 18 per cent, due to which LIC Portfolia suffered a loss of about Rs 17,000 crore. Tech giant TCS and Infosys, which have LIC stake in the share of 4.75 per cent and 10.58 fees respectively, have also seen a decline of Rs 10,509 crore and Rs 7,640 crore respectively from the portfolio.
Talking about banking and financial stocks, LIC has a significant share in SBI (9.13 per cent stake) and ICICI Bank (7.14 per cent stake). Due to which the portfolio has lost Rs 8,568 crore and Rs 3,179 crore respectively. Jio Financial Services was one of the most affected shares, falling down by 30.5 per cent and LIC suffered a loss of Rs 3,546 crore from this stock. Other major disadvantages include L&T, HCL Tech and M&M, Geo Financial, Adani Ports and JSW Energy. Most of these stocks have suffered double digits this year.
LIC has spread over more than 310 companies, of which LIC has at least one per cent stake. This year there are at least 35 such shares in which LIC has lost at least Rs 1,000 crore. According to Value, LIC's largest holdings are Reliance Industries (Rs 1,03,727 crore), ITC (Rs 75,780 crore), Infosys (Rs 67,055 crore), HDFC Bank (Rs 62,814 crore), TCS (Rs 59,857 crore), SBI (Rs 55,597 crore) (54,215 crore rupees) investment. On the other hand, there have been some stocks in LIC's portfolio, which have benefited LIC. These include Bajaj Finance, Kotak Mahindra Bank, Maruti Suzuki, Bajaj Finserv and SBI Cards.
There are no signs of market fluctuations as well as a decrease in selling pressure, so the concern of LIC holdings has increased further. The insurance company is historically known to withstand market volatility, but the pain is not over yet, due to FII being under the pressure of Nifty and Sensex between frequent selling and breakdown of SME shares.
Most analysts say that the Nifty has fallen by 16 per cent from the summit, which has also reduced its TMM PE Multiple Sub-20 level for the first time in the last 32 months, which has also declined the valuation. However, the market is unlikely to improve until the FII changes. In the last 5 months, the FII has sold Indian shares worth more than Rs 3 lakh crore in the equity cash segment.
The Kotak Institutional Equities Media Report said that it is expected to be largely limited this year, while City Research had recently estimated a recovery of up to 26,000 by December 2025, which is 13 per cent higher than the current level. Morgan Stanley hopes that India will resume its better performance than the emerging markets with the help of macro stability and increasing consumption.
