LIC’s top holdings as of September 2025 include Reliance (₹40,901 crore), Infosys (₹38,646 crore), TCS (₹31,963 crore), SBI (₹26,872 crore), and Coal India (₹21,681 crore). The insurer holds ₹4.31 trillion in Nifty 50 stocks, accounting for 46% of its equity book. Its Adani Group exposure has climbed to ₹48,284 crore.