LIC Shuffles ₹25,000 Crore in Stocks: Buys More of Reliance, TCS, Defence; Exits HDFC Bank, ICICI

In the June 2025 quarter, Life Insurance Corporation of India (LIC) made major changes in its equity portfolio by increasing its stake in 94 stocks and trimming holdings in 72 others. The net result was a massive investment of over ₹25,000 crore. As of June 30, LIC held shares in 345 listed companies, with the portfolio value rising 10% to ₹16.84 lakh crore from ₹15.26 lakh crore in March.

Big Buys: Reliance, TCS, and Defence Stocks

One of LIC’s biggest purchases was Reliance Industries, where it added 2.56 crore shares worth ₹3,840 crore. It also expanded investments in Tata Consultancy Services (TCS) and Info Edge India, spending ₹2,890 crore and ₹3,285 crore, respectively. Other major additions included L&T, Tata Motors, Hindustan Unilever, HCL Technologies, Coforge, and Infosys, with investment values ranging from ₹1,790 crore to ₹2,730 crore.

Key Sells: HDFC Bank, ICICI, Divi’s Labs

LIC reduced its stakes in several large-cap companies. It sold 1.87 crore shares of HDFC Bank worth ₹3,750 crore, its biggest divestment. Other large sales were seen in ICICI Bank (₹3,490 crore), Divi’s Laboratories (₹3,060 crore), Bharti Airtel, Kotak Mahindra Bank, Apollo Hospitals, SRF Ltd, and Eicher Motors, each exceeding ₹1,500 crore in sales value.

Exits and New Entries

During the quarter, LIC completely exited 14 companies (or dropped below the 1% shareholding threshold), including Coromandel International, Sanofi Consumer Healthcare, and Ceat Ltd. Meanwhile, LIC entered 10 new companies, such as Mazagon Dock Shipbuilders (₹4,280 crore), Siemens (₹1,440 crore), IREDA, Himadri Speciality Chemicals, Firstsource Solutions, and PCBL Chemical.

LIC’s Top Holdings

As of the end of June 2025, Reliance Industries (₹1.38 lakh crore) remained LIC’s top investment. Other major holdings included ITC Ltd (₹82,342 crore), HDFC Bank, TCS, IDBI Bank, ICICI Bank, Bharti Airtel, SBI, L&T, and Infosys—each ranging between ₹49,000 crore and ₹68,000 crore.

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LIC Share Price Movement

As of August 4, 2025, at 1:08 PM IST, Life Insurance Corporation of India share price (NSE: LICI) was trading at ₹887.65, reflecting a gain of ₹2.80 or 0.32% for the day. The stock opened at ₹880.05 and moved between an intraday high of ₹897.50 and a low of ₹878.00. The stock has witnessed a 52-week high of ₹1,160.00 and a 52-week low of ₹715.30. For the current quarter, the company has declared a dividend of ₹3.00 per share

Conclusion

LIC’s massive ₹25,000 crore reshuffle shows its dynamic strategy in navigating market volatility. The insurer has increased bets on heavyweight IT, FMCG, and defence players, while reducing exposure to certain banks and pharma stocks. These moves highlight LIC’s evolving focus towards long-term value in India's shifting investment landscape.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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