Vedanta Iron and Steel Limited

LIC holds 16,20,29,438 shares, or a 4.14% stake, in Vedanta Iron and Steel Limited. This is the insurance giant's first disclosed holding following the company's listing.

India's largest domestic institutional investor with over Rs 56 lakh crore in total AUM, of which roughly Rs 15 lakh crore sits in listed equities. Holds stakes in virtually every major listed Indian company. When LIC builds or exits a position, it moves markets. Government-owned and mandated to invest policyholder funds in Indian equities and bonds, making it the ultimate long-only, long-term India bull.