National Pension System (NPS) subscribers have the choice to select from various pension fund managers and investment options based on their preferences. There are ten pension funds operating in the country. Among them are seven private pension managers, namely Axis Pension Fund, Aditya Birla Sun Life Pension, HDFC Pension, ICICI Prudential Pension, Kotak Mahindra Pension, Max Life Pension, and Tata Pension Management. Additionally, there are three government-owned pension managers: LIC Pension, UTI Pension, and SBI Pension Management.
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As of January 31, 2024, the top five holdings of LIC Pension Fund Scheme E collectively account for 33.5 percent of the portfolio. Notable among these holdings are Infosys, Reliance Industries, and HDFC Bank. The fund’s Assets Under Management (AUM) amounted to ₹4,827.84 crore. Commencing operations on July 23, 2013, LIC Pension Fund has yielded returns of 13.61% since inception. Additionally, the fund has delivered a 10-year return of 13.81%.
LIC Pension Fund: Top five stock holdings and the returns generated in 10 years
HDFC Bank share price
At 12:01 PM, HDFC Bank was trading at Rs. 1425.50 per share on the BSE. In February 2014, HDFC Bank shares were trading at Rs. 333.75. Over the span of ten years, the stock has yielded an impressive return of 327%.
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HDFC Bank stock 10 year return
1425.50-333.75=1091.75
1091.75 divided by 333.75 X100= 327%
Reliance Industries share price
At 12:05 PM, Reliance Industries was trading at ₹2,971.35 per share on the BSE. In February 2014, RIL was trading at ₹370.89. Over the course of ten years, the stock has delivered an impressive return of 701%.
ICICI Bank share price
At 12:07 PM, ICICI Bank was trading at ₹1,066 per share on the BSE. In February 2014, the stock was priced at approximately ₹189.76. Over the span of ten years, the stock has generated a substantial return of 461%.
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Infosys Technologies Ltd share price
At 12:10 PM, Infy was trading at ₹1,679.55 per share on the BSE. In February 2014, the stock was priced at approximately ₹468.96. Over the span of ten years, the stock has delivered a significant return of 258%.
Larsen And Toubro Ltd share price
At 12:15 PM, L&T was trading at ₹3,365 per share on the BSE. In February 2014, the stock was priced at approximately ₹662. Over the span of ten years, the stock has achieved an outstanding return of 408%.
