Largest domestic institutional investors are life Insurance Companies

As Unit Link Plans are becoming popular day by day, the Insurance companies are regularly investing in domestic market and have emerged as the largest domestic institutional investors. Life Insurance Corporation alone has invested 13,000 crore and ICICI prudential Life Insurance invested 2,000 crore this fiscal year. LIC is expected to invest around 60,000 crore this year. Bajaj Allianz Life Insurance will be investing 2000 crore. Max Newyork Life Insurance has invested 500 crore this year and will invest another 500 crore till December 2008.