2 Replies to “LIC lost 950 crore in Sathyam Scandel.Is this the way of the money management of LIC?”

  1. It’s not LIC alone…
    Many institutional investors,
    Mutual Fund houses,
    FII’s had invested in satyam computers…
    and Every one lost money….

    Is that mean that no one is good at managing investments??
    It is not so…
    Scandal is something like an accident…
    Thoss things happens…

    950 Crores when compared to the Total invested Fund size of LIC, it’ll be small fraction of percentage.. It’s Miniscule…

    LIC generates surplus and it increases year after year, which is distributed as bonus…

    Except 2 or 3 all private life insurance companies in incurring huge losses.


  2. you seem to being having little knowledge about satyam scam the companies chairman falsified the annual report of the company showing multiple profits he has siphoned off the money into his personal assets and eaten into the company’s profits.every MF INSTITUITIONinvests money according to the profits of the company nowbcoz satyam misled people every investor is stuck into it





Leave a Reply

Your email address will not be published. Required fields are marked *