Have you ever wondered about the government’s investment in Indian stocks in the stock market? Beyond their ceremonial and constitutional obligations, the government of India possesses a significant realm of wealth and assets.
Surprisingly, the government makes investments under the name of ‘The President of India.’ At present, it maintains a portfolio comprising 74 stocks, valued at an impressive Rs 26,52,712 crore, according to the most recent data available.
The President of India has invested in various sectors, including banking, finance, defence, oil and gas, and others.
In this article, we embark on a journey to unveil the top 15 companies in which the government has invested and explore the sectors where this substantial amount has been allocated. Additionally, we will provide insights into the Q4 FY23 and Q1 FY24 shareholding percentages, along with the current investment values.
Top 15 holdings of the President of India:
| Sectors | Company Name | % Holding (Q4 FY23) | % Holding (Q1 FY24) | Value (Rs Cr) |
| Insurance | Life Insurance Corporation of India | 96.5 | 96.5 | 395575.79 |
| Banking & Finance | State Bank of India | 57.49 | 57.47 | 303110.19 |
| Oil and Gasses | Oil & Natural Gas Corporation Ltd | 58.89 | 58.89 | 140286.90 |
| Power Generation | NTPC Ltd | 51.1 | 51.1 | 123165.13 |
| Mining | Coal India Ltd | 66.13 | 63.13 | 115166.00 |
| Railways | Indian Railway Finance Corporation Ltd | 86.36 | 86.36 | 85607.62 |
| Banking | Indian Overseas Bank | 96.38 | 96.38 | 84624.13 |
| Power Generation | Power Grid Corporation of India Ltd | 51.34 | 51.34 | 72053.00 |
| Banking | Bank Of Baroda | 63.97 | 63.97 | 70712.45 |
| Oil and Gasses | Indian Oil Corporation Ltd | 51.5 | 51.5 | 66140.66 |
| Banking | Punjab National Bank | 73.15 | 73.15 | 64795.44 |
| Banking | Union Bank of India | 83.49 | 83.49 | 59463.41 |
| Defence | Bharat Electronics Ltd | 51.14 | 51.14 | 51172.15 |
| Banking | UCO Bank | 95.39 | 95.39 | 49554.34 |
| Defence | Hindustan Aeronautics Ltd | 71.65 | 71.64 | 45847.71 |
As we wrap up our exploration of the President of India’s portfolio, it’s evident that the interplay between wealth and power adds a captivating dimension to the leadership landscape in India.
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Nevertheless, it is imperative not to invest in these holdings without careful consideration. Prior to any financial decisions, it is essential to conduct a comprehensive assessment of valuations and consider other important factors.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
