LIC's stock portfolio sees ₹46,000 cr dent in July

RIL proves to be biggest drag as its stock drops 7.2% this month

- DEEPAK KORGAONKAR & PUNEET WADHWA

Life Insurance Corporation (LIC), the country's largest domestic institutional investor (DII), has seen a ₹46,000 crore erosion in the value of its equity holdings amid market downturns in July.

The benchmark indices, Nifty 50 and BSE Sensex, have slipped 2.6 per cent from their June 2025-end level to 24,837 and 81,463.09 respectively.

From ₹16.10 trillion as on June 30, 2025, the value of LIC's 322-stock portfolio has declined to ₹15.64 trillion as on July 25, 2025, marking ₹46,000 crore mark-to-market loss. However, LIC's portfolio value is still higher by ₹1.94 trillion from April 7, 2025, when the benchmark indices had hit their respective 52-week lows.

The notional loss calculation compares changes in value between the June 30, 2025 and July 25, 2025 period.

The value calculated on LIC's holding, in which the insurance firm has over 1 per cent stake per shareholding pattern data as on June 30, 2025.