Wednesday, May 04, 2022

Know Less spoken Real LIC, before LIC IPO

Don't miss this-This is real LIC- Lot of advisors and investors are missing this about #licipo, while evaluating the company.

Majority of us know LIC as a insurance comapny, do keep in mind, LIC is a Financial company which includes following subsidiaries and Insurance business -

_LIC housing finance @lichousingfinance
_LIC Mutual Fund @licmutualfunds
_LIC Cards services @liccards
_LIC International LLP (foreign entity)
_IDBI bank (majorly LIC-51% stake), remember LIC bailed IDBI out, in very difficult times with government pressure
_LIC of India (insurance company which most of recorgnize LIC company as)
_LIC Pension funds

Lot of investors and advisors miss the wholesome perspective, and If anyone here is, this information would add value before deciding for IPO and beyond.

IDBI bank stake reduction is waiting since long.

ALSO, LIC is a multi asset index investment for me.

LIC has investments in 3 varied asset classes-
A- Equity
B- Debt
C- Real estate

A lot of value unlocking is also in the waiting from real estate assets.

#keepitsimple #financialplanning #financialplanner #financialfreedom

My Perspective. - part 2

Does this help?


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