FORM NL-12-INVESTMENT SCHEDULE
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA
Investments
INVESTMENTS - SHAREHOLDERS' FUND
			( ₹ in 000)
	Particulars	31.03.2021	31.03.2020
	LONG TERM INVESTMENTS
1	Government securities and Government guaranteed	77041 265	56922 279
	bonds including Treasury Bills
2	Other Approved Securities	237 364	356 529
3	Other Investments
	(a) Shares	0	0
	(aa) Equity - Indian	76066 831	49881 186
	Equity - Foreign	569 499	569 499
	(bb) Preference	0	0
	(b) Mutual Funds	0	0
	(c) Derivative Instruments	0	0
	(d) Debentures /Bonds Indian	2838 651	3263 036
	Debentures /Bonds Foreign	0	0
	(e) Other Securities	0
	Guaranteed Equity	113	110
	(f) Subsidiaries	7143 188	6712 429
	(e) Associates - Indian	0	0
	Associates - Foreign	315 479	159 479
4	Investments in Infrastructure and Social Sector
	(a) Equity	2176 329	1248 021
	(b) Debentures/Bonds	20075 563	14270 294
5	Other than Approved Investments	0	0
	(a) Equity/Preference/Debentures/Venture Funds	10236 262	5544 844
	(b) Preference	66	111
	(c) Debentures /Bond	2992 661	3547 348
	(d) Venture Funds	286 568	294 856
	(e) Associate Indian	700 000	700 000
	Short Term Investments
1	Government securities and Government guaranteed	3529 521	2286 222
	bonds including Treasury Bills	0	0
2	Other Approved Securities	148 057	149 080
3	Other Investments
	(a) Shares	0	0
	(aa) Equity	0	0
	(bb) Preference	0	0
	(b) Mutual Funds	3156 541	5081 513
	(c) Derivative Instruments	0	0
	(d) Debentures /Bond Indian	642 239	636 180
	Debentures /Bond Foreign	0	0
	(e) Other Securities	0	0
	Commercial Paper	0	0
	(f) Subsidiaries	0	0
	(g) Associates - Indian	0	0
	Associates - Foreign	0	0
4	Investments in Infrastructure and Social Sector	0	0
	(a) Debentures /Bond	2601 620	3821 903
5	Other than Approved Investments	0	0
	(a) Preference Shares	44	43
	(b) Debentures /Bond	2195 342	1592 825
	(c) Mutual Funds	0	0
	TOTAL	212953 203	157037 787
		0	0
Figures for the previous year have been regrouped where necessary.

INVESTMENTS - POLICYHOLDERS' FUND
	Particulars	31.03.2021	31.03.2020
	LONG TERM INVESTMENTS
	LONG TERM INVESTMENTS
1	Government securities and Government guaranteed	263312 535	201935 813
	bonds including Treasury Bills	0	0
2	Other Approved Securities	811 266	1264 813
3	Other Investments	0	0
	(a) Shares	0	0
	(aa) Equity - Indian	259982 102	176957 036
	Equity - Foreign	0	0
	(bb) Preference	0	0
	(b) Mutual Funds	0	0
	(c) Derivative Instruments	0	0
	(d) Debentures /Bonds Indian	9701 975	11575 853
	Debentures /Bonds Foreign	0	0
	(e) Other Securities
	Guaranteed Equity	387	390
	(f) Subsidiaries	0	0
	(e) Associates - Indian	0	0
	Associates - Foreign	0	0
4	Investments in Infrastructure and Social Sector
	(a) Equity	7438 283	4427 441
	(b) Debentures/Bonds	68614 493	50624 877
5	Other than Approved Investments	0	0
	(a) Equity/Preference/Debentures/Venture Funds	34985 614	19670 727
	(b) Preference	226	393
	(c) Debentures /Bond	10228 352	12584 467
	(d) Venture Funds	979 436	1046 024
	(e) Associate Indian	0	0
	Short Term Investments
1	Government securities and Government guaranteed	12063 239	8110 533
	bonds including Treasury Bills	0	0
2	Other Approved Securities	506 029	528 872
3	Other Investments
	(a) Shares	0	0
	(aa) Equity	0	0
	(bb) Preference	0	0
	(b) Mutual Funds	10788 461	18027 027
	(c) Derivative Instruments	0	0
	(d) Debentures /Bond Indian	2195 051	2256 893
	Debentures /Bond Foreign	0	0
	(e) Other Securities	0	0
	Commercial Paper	0	0
	(f) Subsidiaries	0	0
	(g) Associates - Indian	0	0
	Associates - Foreign	0	0
4	Investments in Infrastructure and Social Sector	0	0
	(a) Debentures /Bond	8891 848	13558 471
5	Other than Approved Investments	0	0
	(a) Preference Shares	150	152
	(b) Debentures /Bond	7503 266	5650 660
	(c) Mutual Funds	0	0
	TOTAL	698002 713	528220 442
		0	0
Figures for the previous year have been regrouped where necessary.
Notes:
(a) Investments in subsidiary/holding companies, joint ventures and associates shall be separately disclosed, at cost.
(i) Holding company and subsidiary shall be construed as defined in the Companies Act, 1956:
(ii) Joint Venture is a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to joint control.
(i) Joint control - is the contractually agreed sharing of power to govern the financial and operating policies of an economic activity to obtain benefits from it.
(ii) Associate - is an enterprise in which the company has significant influence and which is neither a subsidiary nor a joint venture of the company.
(iii) Significant influence (for the purpose of this schedule) - means participation in the financial and operating policy decisions of a company, but not control of those policies. Significant influence may be exercised in several ways, for example, by representation on the board of directors, participation in the policymaking process, material inter-company transactions, interchange of managerial personnel or dependence on technical information. Significant influence may be gained by share ownership, statute or agreement. As regards share ownership, if an investor holds, directly or indirectly through subsidiaries, 20 percent or more of the voting power of the investee, it is presumed that the investor does have significant influence, unless it can be clearly demonstrated that this is not the case. Conversely, if the investor holds, directly or indirectly through subsidiaries, less than 20 percent of the voting power of the investee, it is presumed that the investor does not have significant influence, unless such influence is clearly demonstrated.
A substantial or majority ownership by another investor does not necessarily preclude an investor from having significant influence.
(b) Aggregate amount of company's investments other than listed equity securities and derivative instruments and also the market value thereof shall be disclosed.
(c) Investments made out of Catastrophe reserve should be shown separately.
(d) Debt securities will be considered as “held to maturity” securities and will be measured at historical cost subject to amortisation.
(e) Investment Property means a property [land or building or part of a building or both] held to earn rental income or for capital appreciation or for both, rather than for use in services or for administrative purposes.
(f) Investments maturing within twelve months from balance sheet date and investments made with the specific intention to dispose of within twelve months from balance sheet date shall be classified as short-term investments