LIC Stock Portfolio: LIC bought crores of shares in these 13 stocks, including Yes Bank, and sold all its shares in 31 companies.:

News Topical, Digital Desk : The country's largest insurance company, LIC, made significant purchases in the stock market in the September quarter (Q2FY26). While it increased its stake in majors like SBI, Sun Pharma, Coal India, and HCL Technologies, it reduced its investments in HDFC Bank, ICICI Bank, and Larsen & Toubro. Overall, the company made net purchases of over ₹21,700 crore during the quarter, despite a slight decline in market value.

LIC's Q2 Portfolio Action - Life Insurance Corporation of India (LIC) has made major changes in its share portfolio in the September 2025 quarter. This quarter was filled with selling by foreign investors and market volatility, but LIC maintained stability in the domestic equity market. LIC made its biggest bet during this period by making additional purchases worth ₹5,599 crore in State Bank of India .

Apart from this, stake was increased by ₹3,226 crore in Sun Pharma, ₹2,939 crore in HCL Technologies and ₹2,234 crore in Pidilite Industries. LIC also increased its investments in Coal India (₹2,118 crore), NTPC (₹1,991 crore), Tata Motors PV (₹1,903 crore), Cipla (₹1,686 crore), TCS (₹1,653 crore) and ONGC (₹1,646 crore).

Where selling took place On the other hand, LIC made a massive sale of ₹3,129 crore in HDFC Bank which was the biggest reduction of this quarter. Stake was reduced by ₹2,338 crore in ICICI Bank and ₹2,243 crore in Larsen & Toubro. Apart from this, the company also reduced stake in Bharti Airtel (₹2,204 crore), Mahindra & Mahindra (₹2,148 crore), Maruti Suzuki (₹2,052 crore) and Kotak Mahindra Bank (₹1,993 crore).

New Additions LIC has entered into 13 new shares. The biggest purchase among these was of ₹4,637 crore in BSE Ltd. Yes Bank (₹2,653 crore) and ABB India (₹2,425 crore) also saw strong entries. Varun Beverages (₹1,982 crore), Shriram Finance (₹1,491 crore), Persistent Systems (₹819 crore), Alkem Labs (₹671 crore), and Tata Technologies (₹368 crore) also joined the new portfolio. LIC's name has disappeared from the shareholding pattern of the 31 companies from which it exited . These include NMDC (₹3,401 crore), Coforge (₹3,397 crore), Eicher Motors (₹2,943 crore), Apollo Hospitals (₹2,258 crore), TVS Motor (₹1,583 crore) and HDFC AMC (₹1,131 crore). However, it is not clear whether LIC has made a complete exit or its stake has fallen below the 1% reporting threshold.

Large holdings and market situation At the end of the quarter, LIC's largest holding was in Reliance Industries worth ₹1.38 lakh crore, followed by ITC at ₹82,343 crore and L&T at ₹67,878 crore. The September quarter proved to be weak for the market, with Sensex falling 4% and Nifty around 3.6%. Midcap and smallcap indices also fell by more than 4%.