LIC Share Price: Adani’s empire shaken by Hindenburg’s hiccups, will your money invested in LIC sink? Complete detail – lic-adani investment what about lic policy holders

Why is LIC worried about Adani scandal?

On January 24, American short selling company Hindenburg released a report. The report leveled serious allegations against the Adani group company. It was said that the Adani group has manipulated its account. The prices of the shares have been kept overpriced. The research firm asked 88 questions. Adani group also retaliated. The round of allegations and counter-allegations continues from both sides, but after the Hindenburg report, the shares of Adani Group have crashed. Adani lost more than Rs 9 lakh crore in 10 days. After which the problems of the companies investing in the company also started. LIC ie Life Insurance Corporation ie the country’s largest insurance company has also made a big investment in Adani Group. It is obvious that the fall in the price of the stock in which Pesa will invest will result in loss to the investor. That means LIC also suffered a loss.

Will LIC sink?

LIC has invested Rs 36474.78 crore in bonds and equity of Adani. Before Hindenburg’s report came, the value of this investment was 77000 crores. The fall in Adani’s shares definitely had an impact on LIC’s earnings. But this loss is not so big that LIC will drown. If companies start drowning due to fluctuations in the price of shares, then thousands of companies will start drowning here everyday. LIC has also clarified that they do not need to panic at the moment in the Adani case. LIC has total assets of more than 41.66 lakh crores. That is, their investment in Adani Group is less than 1 per cent.

Why no need to panic?

Let’s understand it in a little simple language. No one gets loss or profit until he does not sell the stock. LIC has invested money in Adani’s shares. Today Adani’s share prices are falling, so LIC is facing loss. If it increases tomorrow, there will be profit. Such profit or loss is called notional profit or loss, because it is not an actual loss or profit. When you sell shares, there is a loss or profit. Since LIC has not yet sold any shares of Adani, it cannot be said about losses.

LIC insured need not panic

When you buy a policy, insurance companies invest the premium money taken from you in the market. She settles your claim by earning profit from there. Since the claim return rate with insurance companies is low, they focus on long term investments in the market. That’s why the insurance company always wants you to choose a long term plan. May you live long As long as your money is with them, they will keep earning from it.

How much investment in Adani Groups?

Life Insurance Corporation of India (LIC) has invested in many other companies apart from the Adani Group. LIC has invested more than 10 lakh crores in 36 companies of the market. If we compare his investment in Adani, it is less than 1 per cent. Till 20 September 2022, the total AMU i.e. Asset Under Management was 41 lakh 66 thousand crores. Here AMU refers to the money that insurance companies manage in the market. Unta investment in Adani is 36474 crores, which is less than 1% of their total investment. Less investment means less risk. LIC also clarified about its investment and made it clear that this investment has been made within the prescribed risk management framework made for the investment institution. Sachin Tuhin Kant Pandey of the Department of Investment and Public Asset Management (DIPAM) said during a conversation with news agency ANI that LIC investors need not panic right now. Their investment is safe.

LIC comes under a safe securities. They have rated bonds and equity. They invest under a safe policy. The effect of the ups and downs in the shares of the company he has invested in is reflected in his books. It does not seem to be affecting the insured. LIC has also issued a public note clarifying the level of its investment in the Adani group to the policyholders, investors. It has also been told that what is the value of that investment as on date. At this time, due to the fluctuations in Adani’s shares, his earnings are being affected. That is, if you have a policy of LIC, then you do not have to worry so much. That is, in clear words, neither my father nor lakhs of LIC policy holders need to worry about the Adani scandal.