Where does LIC invest your premium? Minister tells Lok Sabha how it picks stocks, why it won't name companies

Minister of State for Finance Pankaj Chaudhary told the Lok Sabha on Monday, 3 August, how LIC picks stocks. He said, "Providing a list of companies, in which LIC has invested, may not be commercially prudent." LIC uses internal frameworks and due diligence to manage funds while following strict regulatory rules.