GROWTH ANALYSIS OF THE FUND WISE INVESTMENT OF THE LICI

Authors

  • Dr. Shib Pada Patra Assistant Professor, Department of Commerce, Chittaranjan College (Affiliated to University of Calcutta), Kolkata, West Bengal, India.

Keywords:

Life Fund, Pension & General Annuity & Group Fund, ULIP Fund and IRDA

Abstract

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.

References

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I. Kumar, V., & Kumari, P. (2012). A Comparative Study on Public vs. Private Sector in Life Insurance. VSRD International Journal of Business and Management Research , 1-3.

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Additional Files

Published

15-08-2020

How to Cite

Dr. Shib Pada Patra. (2020). GROWTH ANALYSIS OF THE FUND WISE INVESTMENT OF THE LICI. International Education and Research Journal (IERJ), 6(8). Retrieved from https://ierj.in/journal/index.php/ierj/article/view/2109