Life Insurance Corporation Of India
ICICI Prudential Mutual Fund added over 1.7% of Life Insurance Corporation Of India during the quarter and now holds 2.70%, or 34.21 Cr shares.
India's largest life insurance provider, offering a comprehensive range of insurance products including participating policies, unit-linked insurance, term insurance, health insurance, and annuity and pension products. The company serves millions of policyholders across the country through an extensive distribution network of agents and offices. It operates as a dominant player in the domestic insurance market with deep market penetration.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.