Top 5 Holdings of the President of India

Have you ever wondered about the interests of the highest office in India?

Beyond the ceremonial duties and constitutional responsibilities, there is a world of wealth and assets owned by the President of India.

Well, it turns out that the government invests under the name "The President of India." Currently, they hold 78 stocks in their portfolio, worth a substantial ₹25,20,595 crore.

A portfolio worth more than the GDP of some countries, with stocks from various sectors – it's like the ultimate financial strategy in action, with diversification being the key.

Here is a table with the top 10 holdings, based on their value, revealing which companies have made the cut to be part of this exclusive club😏.

In this article, we'll explore the top 5 holdings in a little detail. So, let's take a brief look at them to grasp what these companies are all about. 

1. Life Insurance Corporation of India (LIC)

The maximum holding value in the President of India's portfolio is LIC, with a value of ₹4,11,475.73 crore.

LIC is a state-owned insurance company and is the largest in India, with a market capitalisation of about ₹4,26,399.72 Cr. The President's investment in LIC is a way of supporting the Indian economy and ensuring the financial security of its citizens.

The corporation was formed by merging and nationalising 245 private life insurance companies in India on September 1, 1956, with an initial capital of ₹5 crore. 

LIC offers a wide range of insurance products, including life insurance, health insurance, and pension plans. It also has a large investment portfolio, which includes shares, bonds, and real estate.

From the corporation’s incorporation in 1956 until 2000, it was the only life insurer in India.

Check the financials below⬇️

Click here to read about LIC’s Investments.

2. State Bank of India

The second largest holding in the President of India's portfolio is the State Bank of India (SBI), with a value of ₹2,96,379.49 crore. SBI is the largest government-owned bank in India. It has a network of over 22,405 branches and 65,627 ATMs across the country. SBI also has a presence in 29 countries.

SBI is a systemically important bank, and its failure would have a major impact on the Indian economy.

The government's ownership of SBI is another approach to ensure  the bank supports government policy. The government has a voice in the management of SBI thanks to their investment, which also assures that the bank is upholding its social responsibilities.

If you are considering making a purchase in a promising but lesser-known bank, read about it here.

3. Oil and Natural Gas Corporation Ltd. (ONGC)

At the third spot, we have India's largest crude oil and natural gas company, with an investment of ₹1,36,656.55 crore. This company is ONGC, and it plays a crucial role in the production of petroleum products like petrol, diesel, kerosene, naphtha, and cooking gas (LPG). 

ONGC stands out with its in-house capabilities, covering every aspect of oil and gas exploration and production. With over 50 years of experience, ONGC has discovered many of India's producing basins and is a global player in the energy sector, involved in oil exploration, development, and production. Its main segments include Exploration & Production (E&P) and Refining.

Review the significant financial figures depicted in the image below.

Next up in the portfolio, we have,

4. National Thermal Power Corporation Ltd. (NTPC)

The investment in this company amounts to ₹1,19,052.19 crore. NTPC, founded in 1975 to boost power development in India, has become the country's leading energy conglomerate. 

The company has expanded their energy sources from fossil fuels to include hydro, nuclear, and renewables, aiming to reduce carbon emissions. Additionally, NTPC diversifies into consultancy, power trading, training, rural electrification, ash utilisation, and coal mining. It primarily focuses on generating and selling electricity while exploring other sectors to enhance its core operations. 

Check the major financials in the image ⬇️

Moving on to the final stock for this article, we find...

5. Coal India Ltd. (CIL)

With a portfolio value of ₹1,09,757.87 crore, CIL is a state-owned coal mining company established in November 1975. It is now the world's largest coal producer. 

It holds “Maharatna” status, granted by the Government of India, to boost its global presence. CIL primarily mines and produces coal, serving major customers in the power and steel sectors, along with clients in cement, fertilisers, brick kilns, and more. Their product range includes coking coal, semi-coking coal, non-coking coal, washed coal, and other coal-related products.

The Bottom Line

As we wrap up our exploration of the President of India's portfolio, it's evident that the interplay between wealth and power adds a captivating dimension to the leadership landscape in India. 

However, it's crucial not to blindly invest in these holdings. Before making any financial decisions, make sure to thoroughly assess valuations and consider other relevant factors. 

As the saying goes, 

But it's equally important to conduct your research diligently. You can also explore the portfolios of other Super Investors by clicking here.

*Disclaimer: The stocks and companies discussed above aren't a recommendation from Insider by Finology and shall not be construed as a replacement for professional advice. Consult a professional or conduct the necessary research before making investment decisions.