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Insurers to channel more funds into markets this year

Sitanshu Swain
Posted online: Monday , May 12, 2008 at 23:57 hrs
Updated On: Monday , May 12, 2008 at 23:57 hrs

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and over Rs 10,000 crore traditional policy funds. LIC’s net investment in equity in FY 08 is pegged at Rs 6,000 crore. “As a thumb- rule, we invest around 10% of our annual investible funds out of the of non-linked business in equity markets. Equity exposure for the linked business depends upon the policy holders’ choice,’’ said Mehrotra....

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