LIC made total stock purchases of around Rs 175- Rs 180 crore on October 17. The PSU insurer is cautious about investments in equity under traditional products but investments under Unit Linked Insurance Plans depend on fund-flows. While the average purchase under traditional products can range from Rs 50-60 crore, in the case of ULIPs it can go up to Rs 200 crore. In the past one month, the corporation has seen no major switches under ULIPs. ULIPs constitute the bulk of LIC''s business portfolio.
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