Business Standard

Future Protected: HDFC Bank, RIL, Infosys top holdings of private insurers

Top insurers have parked nearly a fourth of their AUM in the top 10 stocks, reveals an analysis by Nuvama Institutional Equities

stock markets
Premium

Samie Modak
HDFC Bank, Reliance Industries, and Infosys are the three most-owned stocks by the top five private insurance companies in the country - ICICI Prudential Life Insurance Company (ICICI Pru Life), SBI Life, HDFC Life Insurance Company, Tata AIA Life Insurance, and Kotak Mahindra Life Insurance Company (Kotak Life).

Their holdings in these three blue-chip companies are over a tenth of their equity assets under management (AUM).

Top insurers have parked nearly a fourth of their AUM in the top 10 stocks, reveals an analysis by Nuvama Institutional Equities (Nuvama).

Playing safe, insurance companies have largely restricted their top holdings to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in