​Plan to invest about Rs 3 lakh crore during current financial year: SK Roy, LIC

In an interview with ET Now, SK Roy, Chairman, LIC, shares their business outlook and talks about their investment plans. Excerpts:

ET Now: Do you think FY15 will be better than FY14?

SK Roy: I have no reason to believe that FY15 will not be substantially better than FY14 as far as income from investments is concerned.


ET Now: So in terms of actual investments, how are you looking at FY15 for your total investment portfolio, including equity debt, because again in FY14 we saw unprecedented investments, opportunities also for you to the extent of close to 55,000 crore, if my numbers are right, in equities?

SK Roy: I would not like to fix a figure, but our estimate is that we will be investing something in the vicinity of Rs 3 lakh crore during the current financial year. As per past trends, approximately 15% of that would go into equity.


ET Now: Which should almost be close to 55,000 to 60,000 crore?

SK Roy: Yes.


ET Now: How are you looking at the macro picture from here on any specific sector that you see is where you will place your bets on? How are you looking at the whole picture?

SK Roy: We all know that the economy is in a positive frame of mind and sentiment at this moment. This will only improve further, and the infrastructure sector will do very well. There would be a renewed interest in the real estate sector and sectors associated with it.