29/01/2023
👆Forwarding this clip should be sufficient to allay concerns raised by Policyholders and People at large.
Even after the fall, LICs share values (MTM - mark to mark) in Adani groups is 3 times of original investment.
Political vultures hovering around Hindenburg report & building false narrative against LIC & banking sectors.
LIC holdings into Adani group is around ~7% of equity exposure. Every word is important here. Understand some simple math layman language.
Fist of all LIC as investor, like any other wont put all eggs in one basket. Similarly LIC has 25% in equity market i.e. around ₹10L cr of their ₹42L Cr portfolio and rest is debt-market. As a traditional investor LIC maintains low risk profile.
PC: Investyadya YT.
