TITLE INTRODUCTION
k LIC, the Life Insurance Corporation of India is market leader in India, came into being on 1st September 1956 as an amalgamated Entity after the nationalization of 245 odd Private Insurance Companies. After completing 52 successful years and achieving Several Milestone it has transformed into a global financial conglomerated. Beginning its operation with a small business of 56.86 lakh in foree policies. LIC has earned the Status of being the world’s largest Life Insurance Company LIC’s life fund a yardstick to measure an insurance company strength has grown from Rs. 410.40 crore in 1956 to Rs. 8,07,317.43 crore in 2009.
k LIC has been won the distinction of being the largest financial institution in India on assets base.
k The LIC is the largest single investors in India and second largest investor amongst the insurers in Asia, with total investment of Rs. 6,38,961.70 Crore. LIC has been rendering resources for Economic Development of the Country. The Corporation is the largest single financial institutional investor in the equity market with investment of over Rs. 1,23,348.77 Crore in equity (book value). The LIC’s investment of around Rs. 70,935 Crore in infrastructural Projects Speaks volumes about its contribution forwards nations buildings activities.
k Different from the conventional policy business LIC enters into the ULIP business. The fund of the investor through these ULIP policies is invested by LIC in Equity Market, Debentures, Bonds and Other Approved Securities and Government Securities and Government Guarantee Bonds.
k LIC invest fund of different ULIP Plans and with diversified portfolio. LIC is giving the consistent return to the investor as compared to private insurer.
k As LIC is a market leader in Share Market the topic Entitled “Study Of Investment Made By LIC Of India In Share Market Through Different ULIP Plans” has unique value of study.
k For this study LIC’s ULIP Plans Fortune Plus (Table No. 187), Profit Plus (Table No. 188), Money Plus – I (Table No. 193), Market Plus – I (Table No. 191) are considered. Also their Portfolio and different funds like Bond, Secured, Balanced and growth are studied.
k LIC, the Life Insurance Corporation of India is market leader in India, came into being on 1st September 1956 as an amalgamated Entity after the nationalization of 245 odd Private Insurance Companies. After completing 52 successful years and achieving Several Milestone it has transformed into a global financial conglomerated. Beginning its operation with a small business of 56.86 lakh in foree policies. LIC has earned the Status of being the world’s largest Life Insurance Company LIC’s life fund a yardstick to measure an insurance company strength has grown from Rs. 410.40 crore in 1956 to Rs. 8,07,317.43 crore in 2009.
k LIC has been won the distinction of being the largest financial institution in India on assets base.
k The LIC is the largest single investors in India and second largest investor amongst the insurers in Asia, with total investment of Rs. 6,38,961.70 Crore. LIC has been rendering resources for Economic Development of the Country. The Corporation is the largest single financial institutional investor in the equity market with investment of over Rs. 1,23,348.77 Crore in equity (book value). The LIC’s investment of around Rs. 70,935 Crore in infrastructural Projects Speaks volumes about its contribution forwards nations buildings activities.
k Different from the conventional policy business LIC enters into the ULIP business. The fund of the investor through these ULIP policies is invested by LIC in Equity Market, Debentures, Bonds and Other Approved Securities and Government Securities and Government Guarantee Bonds.
k LIC invest fund of different ULIP Plans and with diversified portfolio. LIC is giving the consistent return to the investor as compared to private insurer.
k As LIC is a market leader in Share Market the topic Entitled “Study Of Investment Made By LIC Of India In Share Market Through Different ULIP Plans” has unique value of study.
k For this study LIC’s ULIP Plans Fortune Plus (Table No. 187), Profit Plus (Table No. 188), Money Plus – I (Table No. 193), Market Plus – I (Table No. 191) are considered. Also their Portfolio and different funds like Bond, Secured, Balanced and growth are studied.
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