Investments made by LIC in Indian Equity

State-run Life Insurance Corp. of India, or LIC, is targeting investment of as much as Rs. 50,000 crore in equities this fiscal year.

We have compiled details of the current shareholding of LIC in various BSE and NSE listed companies.

Holdings more than 10% have been marked.

Company Name LIC Holding %* Reliance Ind 6.04% Tata Steel 11.91% Grasim Ind 13.38% Larsen and Toubro 17.54% ACC 16.86% Bharti Airtel 4.59% BHEL 2.97% HDFC Bank 7.47% Hindalco 11.09% HDFC 2.64% ITC 13.62% Infosys 3.89% JP Asso 3.51% M&M 17.58% ONGC 2.94% Reliance Comm 7.25% Reliance Infra 10.33% Vijaya Bank 4.59% ABB 5.5% PNB 4.30% Unity 2.25% Union Bank 2.04% SAIL 1.86% GAIL 1.8%

Company Name LIC Holding %* SBI 10.19% Sterlite 2.14% Tata Power 9.46% Tata Motors 12.23% ICICI Bank 10.3% TCS 2.41% Wipro 1.26% Siemens 13.71% Cummins Ind 3.87% Sun Pharma 1.08% Orient Bank 4.47% IDFC 3.08% Canara Bank 2.83% PTC 3.19% Tata Sponge Iron 2.61% Container Corp 1.61% Glaxo 1.31% Orchid Chem 2.72% BEL 2.88% Idea Cellular 2.80% Bharati Shipyard 10.65% Andhra Bank 5.85% BASF 3.71% Dabur 1.59% GNFC 1.53% IndraprasthaGas 1.26% GMR Infra 1.09% TVS Motors 3.73%

Company Name LIC Holding%* Tech Mahindra 1.8% IDBI 6.07% Maruti 2.82% GSPL 1.82% Uniphos 1.07% Voltas 1.41% Wockhardt Pharm 1.21% Octav 7.3% Bank of Maharashtra 5.94% Piramal Life 3.44% Kothari Sugars 2.72% Kothari Petro 2.55% SBBJ 1.46% WelspunInd 2.08% IOB 2.03% Hotel Leela 1.84% Raymond 1.67 Aventis 1.26% Century Tex 1.17% PowerGrid 1.16% BPCL 1.14% Pantaloon 1.12% HUL 1.01%

*More than 1% holdings considered, Data as on Sep '09.
The list is not complete, but it gives a fair idea of the investment appetite and approach of LIC in various sectors of the industry.