LIC's top equity holding in terms of value, Reliance Industries (RIL), has been one of the biggest contributors in its portfolio, with the stock's 25 per cent surge adding ₹26,515 crore in value
India's market regulator Sebi is investigating six IndusInd Bank officials for allegedly selling stock options while aware of undisclosed accounting discrepancies
The sharp surge in asset base was also reflected in the growing numbers of investors, mutual funds, with the number of folios reaching an all-time high of 234.5 million