Here are the top 10 stocks of ULIPs managed by LIC (Directusinvestments)

Though LIC has been the dominant player in managing life, pension, annuity, and group insurance products, it has minuscule 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 percent or Rs 24,775 crore (as of March 2021). LIC’s ULIP pie among life insurers was also minuscule, at just 5 percent of the overall AUM of Rs 5.2 lakh crore (as of March 2021). The latest monthly factsheet of LIC’s 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. 

The total number of LIC’s ULIP Funds that held the stock in their top 10 holdings: 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 significant exposure to the stock.