Life Insurance Corporation of India

Insurer

1%+ in 28 companies · ₹7.2L Cr at today’s prices · latest filings Sep 2026

Also filed as: Life Insurance Corporation Of India, LIC of India, Lici Asm Non Par…

As of Sep 2026, Life Insurance Corporation of India is a holder of 1% or more in 28 listed companies, with stakes worth about ₹7.2 lakh crore at current prices. In the latest quarter it added 1 new 1%+ stake (BLS International Services); it also raised its stake in 8 companies and cut it in 12. Its largest holdings by value are Reliance Industries at 7.11%, State Bank of India at 8.19% and Larsen & Toubro at 13.2%; 8 of the 28 companies are in Financial Services.

As of Sep 2026 filingsStakes come from shareholding filings; values use current market prices.How we calculate this

Holdings

Company	Industry	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26
Reliance Industries	Oil Gas & Consumable Fuels	–	–	6.93	6.94	6.82	6.80	6.88	7.11	plus 0.23 pp	1,27,005
State Bank of India	Financial Services	–	–	9.20	9.59	9.23	8.78	8.53	8.19	minus 0.34 pp	76,997
Larsen & Toubro	Construction	–	–	13.60	13.14	12.69	12.51	12.41	13.18	plus 0.77 pp	74,671
HDFC Bank	Financial Services	–	–	5.15	4.89	4.77	4.67	4.77	4.89	plus 0.12 pp	59,484
Bharti Airtel via Lici Index Plus Flexi Smart Growth Fund	Telecommunication	–	–	4.04	3.85	3.81	3.99	4.14	4.46	plus 0.32 pp	58,666
ITC	Fast Moving Consumer Goods	–	–	15.80	15.86	15.69	15.83	16.30	16.46	plus 0.16 pp	58,407
Infosys via Life Insurance Corporation of India - Ulif00220091	Information Technology	–	–	10.88	10.89	11.28	11.54	11.73	11.80	plus 0.07 pp	56,464
Tata Consultancy Services via LIC of India	Information Technology	–	–	4.86	5.02	5.30	5.52	5.52	5.65	plus 0.13 pp	51,075
ICICI Bank	Financial Services	–	–	6.38	6.07	5.92	4.45	4.35	3.90	minus 0.45 pp	44,002
Hindustan Unilever via Lici Ulip-Growth Fund	Fast Moving Consumer Goods	–	–	6.44	6.49	6.70	6.92	6.59	6.44	minus 0.15 pp	30,239
Asian Paints	Consumer Durables	–	–	8.51	8.51	8.35	8.11	8.11	7.98	minus 0.13 pp	19,473
Tata Steel	Metals & Mining	–	–	7.96	7.70	7.22	6.92	6.37	5.91	minus 0.46 pp	13,735
Jio Financial Services	Financial Services	–	–	6.68	6.83	6.77	6.78	6.87	6.83	minus 0.04 pp	10,822
Titan Company	Consumer Durables	–	–	2.44	2.46	2.51	2.34	2.17	2.16	minus 0.01 pp	9,583
Bank of Baroda via Lici Ulip Growth Fund	Financial Services	–	–	7.51	6.64	5.84	5.39	5.14	5.06	minus 0.08 pp	6,550
Trent via Lici Index Plus Flexi Growth Fund	Consumer Services	–	–	–	–	1.94	2.92	3.03	3.53	plus 0.50 pp	5,796
Varun Beverages via Lici New Endowment Plus-Growth Fund	Fast Moving Consumer Goods	–	–	–	1.32	1.76	2.16	2.31	2.31	0.00 pp	3,422
Adani Green Energy	Power	–	–	1.32	1.30	1.30	1.30	1.30	1.30	0.00 pp	3,049
Steel Authority of India via Lici Asm Non Par	Metals & Mining	–	–	10.00	10.00	9.18	7.85	5.88	4.30	minus 1.58 pp	3,048
Indian Overseas Bank	Financial Services	–	–	1.82	1.82	3.70	3.70	3.70	3.70	0.00 pp	2,177
Cummins India	Capital Goods	–	–	–	–	–	1.10	1.20	1.00	minus 0.20 pp	1,122
Piramal Finance	Financial Services	–	–	–	–	4.47	4.15	2.84	2.08	minus 0.76 pp	1,064
Atul	Chemicals	–	–	5.44	5.44	5.44	5.44	5.44	5.44	0.00 pp	837
KPIT Technologies	Information Technology	–	–	1.70	3.29	4.39	4.39	4.39	4.39	0.00 pp	646
Vedanta Power via LIC Pension Plus Non Unit Fund	Power	–	–	–	–	–	–	4.55	4.29	minus 0.26 pp	592
Syngene International	Healthcare	–	–	1.78	1.78	1.78	1.78	1.78	1.78	0.00 pp	299
IFCI	Financial Services	–	–	1.48	1.48	1.48	1.48	1.48	1.48	0.00 pp	244
BLS International Services	Consumer Services	–	–	2.23	2.23	2.23	2.23	<1%	2.23	New	205

Public holdings are disclosed only at 1% or more, so a stake that falls below 1% shows as exited. Fund houses show the total of their schemes that hold 1% or more.