Historical Trend of Overall Expense Ratio of LIC

Further to the data sent yesterday  I attach the table and charts for the full period from the inception of LIC   to the last financial year 2022-23.

The historical trend is revealing as will be seen from the notes written below the charts.

Probably this may help us in the case before the Supreme Court , if financial constraints  are raised by the LIC Counsel.

C H Mahadevan

HISTORICAL TREND OF OVERALL EXPENSE RATIOS OF LIC FROM INCEPTION.docx

HISTORICAL TREND OF OVERALL EXPENSE RATIOS OF LIC FROM INCEPTION.docx HISTORICAL TREND OF OVERALL EXPENSE RATIO OF LIC Year ending Overall Expense Ratio (%) Year ending Overall Expense Ratio (%) 31/12/1957(16 Months) 27.30 31-03-1997 21.43 31-12-1958 29.20 31-03-1998 20.53 31-12-1959 28.70 31-03-1999 20.48 31-12-1960