Have a look at the holdings of LIC to understand its mega-size.
Bank LIC Holding in %
IDBI Bank 51
AXIS BANK 10.37
ICICI BANK 10.37
SBI 9.25
Punjab And Sindh bank 7.4
PNB 7.3
UNION BANK OF INDIA 6.4
CENTRAL BANK OF INDIA 6.19
THE KARNATKA BANK 4.97
BANK OF BADODA 4.01
CITY UNION BANK 3.86
CORPORATION BANK 3.62
SOUTH INDIAN BANK 3.22
UCO BANK 3.07
ANDHRA BANK 2.64
BANK OFMAHARASHTRA 2.61
HDFC BANK 2.52
KOTAK MAHINDRA BANK 1.95
INDIAN BANK 1.85
LAXMI VILAS BANK 1.71
UNITED BANK OF INDIA 1.27
LIC Portfolio of Banking & Financial
The Banking and Financial services companies constitute a 37% of NIFTY 50 Index, Here are LIC shareholdings in Bank and Financial Services Companies,Its clear that LIC holds a stake in all the public and private banks working across the country
Finance LIC Holding in %
LIC Housing Finance 40.3
ILFS 25.35
INDIA BULLS HOUSING FINANCE 10.78
REC 2.78
AB CAPITAL 2.43
BAJAJ FINSERV 2.16
EDELWEISS FIN SERV 1.14
*LIC Holding in PSU's PSU LIC Holding in %*
MTNL 14.56
MSTC 9.98
NMDC 12.8
NSE 12.51
BHEL 11.67
MOIL 7.12
HAL 7
MIDHANI 6.58
CDSL 4.15
BEL 3.28
ITDC 3.22
CONTAINER CORP INDIA 3.18
RCF 2.2
RVNL 1.94
GRAPHITE IND 1.89
LIC holding in Technology Companies Technology LIC Holding in %
INFOSYS 5.85
WIPRO 4.81
TCS 3.98
ORACLE FIN SERV 2.12
LIC Holding in Utility Companies Utility LIC Holding in %
BATA 3.05
PEDILITE INDUSTRIES 2.95
ARVIND LTD 1.56
VIDEOCON 4.56
GSK CONSUMER 2.67
LIC holding in Pharma Companies Pharma LIC Holding in %
SUN PHARMA 5.88
DR.REDDY lab 3.91
CADILA HEALTH CARE 2.92
ORCHID PHARMA 2.69
LUPIN 2.42
LIC Portfolio of Auto Companies Auto LIC Holding in %
HERO MOTO CORP 5.54
BAJAJ AUTO 4.6
TVS MOTOR 1.7
ASHOK LEYLAND 1.36
LIC portfolio of OMC Companies OMC's LIC Holding in %
CASTROL 10.32
ONGC 9.48
IOCL 6.51
BPCL 5.88
GAIL 4.99
TIDEWATER OIL 4.2
HPCL 3.74
MRPL 1.3
LIC Holding in Power Sector Companies Power LIC Holding in %
POWER GRID c 4.89
KEC INT 1.7
SUZLON ENERGY 1.69
JP POWER 1.63
ADANI POWER 1.56
LIC Holding in Cement Companies Cement LIC Holding in %
ACC 6.5
AMBUJA CEMENT 4.89
Jk Laxmi CEMENT 2.46
ULTRA TECH CEMENT 4.06
LIC Holding in Metal Sector Companies Metals LIC Holding in %
SAIL 9.6
TATA STEEL 9
VEDANTA 6.39
NALCO 5.27
LIC Holding in Insurance Cos Insurance LIC Holding in %
NEW INDIA ASSURANCE 8.6
GICRE 8.66
LIC Holding in Conglomerate LIC Holding in %
ITC 16.32
L&T 16.9
GRASIM INDUSTRIES 10.78
PIRAMAL ENT 7.46
RIL 6.76
GODREJ INDUSTRIES 3.7
COLGATE
Did you know LIC earned an income from dividends at 1.76 lakh crore in FY 18 compared to 1.59 lakh crores in 2017