LIC has lost its throne to SIPs. It’s still the smartest investor in the room

LIC has lost its throne to SIPs. It’s still the smartest investor in the room

From Daybreak by The Ken

June 9, 2026 · 10 min · Episode 767

About this episode

The episode discusses how LIC's dominance in the Indian market is being challenged by SIPs while highlighting LIC's continued investment acumen.

Every month, millions of Indians pay their LIC premium without a second thought. What they don't realise is that money is quietly buying up India's most beaten-down stocks — the ones foreign investors are dumping, the ones mutual funds won't touch, the ones everyone else is running from. For decades, LIC was the only institution large enough to hold Indian markets together during a sell-off. That role now has company. SIP money has grown into a second pillar of domestic support, and LIC's grip on the market is loosening. But its investing instincts? Still the sharpest in the room. Tune in. Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

People in this episode

Host: The Ken

Topics covered

  • LIC
  • SIPs
  • investing
  • Indian markets
  • mutual funds
  • foreign investors

Keywords

  • LIC
  • SIPs
  • investing
  • Indian stocks
  • mutual funds
  • foreign investors
  • market support

Mentioned in this episode

Organizations: LIC, SIPs

Places: India

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