GROWTH ANALYSIS OF THE FUND WISE INVESTMENT OF THE LICI
Keywords:Life Fund, Pension & General Annuity & Group Fund, ULIP Fund and IRDA
The most important life insurance company in India is the Life Insurance Corporation of India (LICI). This life insurance company collects the massive funds from household sectors to mobilize the savings into Indian economy and invests in traditional products and Unit Linked products in Indian financial markets. In this paper, growth of fund wise investments of the LICI is analyzed to show the growth of fund wise investments. The paper finds that average growth 87.54 % of the ULIP fund is more than the average growth of 14.12 % of life fund and 21.30 % of pension & general annuity & group fund during the study period 2004 2005 to 2012-2013.
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