FUND WISE INCOME ANALYSIS OF LICI
Journal: International Education and Research Journal (Vol.8, No. 5)Publication Date: 2022-05-15
Authors : Shib Pada Patra;
Page : 27-28
Keywords : linked fund; Pension fund; Life fund; Income; Year wise growth;
Abstract
The Life Insurance Corporation of India (LICI) is the business leader in the life insurance business among twenty four life insurance companies in India. The premium collection of linked and non-linked products are invested in different investment instruments as per portfolio investment of the IRDA. The total income of linked fund, pension fund and life fund are studied in this study analysing total income on total investment of different funds, the year wise growth of total income and average percentage growth of total income on these three funds. The study shows that income on life fund is more, average growth of pension fund is better than the growth of other funds and average percentage income of linked fund is improving.
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Last modified: 2023-01-19 17:04:52