The LIC Purse : Is Insurance the bearer of good news?
Tuesday, June 7, 2011
With improved equity allocations and pensions from private sector also moving into annuities, morde fixxed income funds parked with L"Ic will reach the market for equities sooner than later. LIC's own purse for the year's shopping list for equities is $10 billion or INR 40,000 crores
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