The story goes about six blind men and an elephant. Each one inspects a different part of the elephant and comes to different conclusions on the kind of animal it is. The big picture isn't discernable in the case of a mammoth animal that the elephant is.
The story of the largest domestic institutional investor in the country, the Life Insurance Corporation of India (LIC), and the participants in the Indian securities market is similar. LIC means different things to different people.Number crunching brings out some of the different insights being sought after by different people. Here goes some interesting analytics on LIC (kindly click on the images below to see them clear and enlarged):