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LIC's equity investment in FY20 likely to reach above Rs 70,000 crore, an all-time high

Updated : November 15, 2019 10:13 PM IST

In the first half of FY20 itself, LIC has invested around Rs 33,500 crore in the equity markets.
Every year, the life insurer books a profit of Rs 18,000 crore to Rs 25,000 crore in equity profits alone.
LIC's equity investment in FY20 likely to reach above Rs 70,000 crore, an all-time high

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