Archive · 23 Sep 2026
Shriram Life CIO Shares Contrarian View on IT Stocks
Ajit Banerjee helps decide where Shriram Life Insurance invests money.
He said the company is being careful about buying into IPOs.
IPOs are when companies first sell shares to the public.
Shriram Life may invest in NSE if it becomes part of the Nifty 150 investment group.
The company also supports MDR to help pay for digital infrastructure.
Banerjee said the insurer prefers large private banks and some public-sector companies.
It also likes certain NBFCs, capital-goods businesses and industrial companies.
His choices differ from a stronger focus on IT stocks, which is why his view is described as contrarian.
Ajit Banerjee, President and CIO of Shriram Life Insurance, outlined a cautious investment stance.
Shriram Life remains cautious about initial public offerings, or IPOs.
The insurer would consider investing in NSE only if it enters the Nifty 150 investment universe.
Shriram Life supports MDR as a way to fund digital infrastructure.
The company favors large private banks, select public-sector companies, NBFCs, capital goods and industrials.
- Who
- Ajit Banerjee, President and CIO of Shriram Life Insurance.
- What
- Banerjee explained Shriram Life’s cautious position on IPOs and its preferred investment sectors.
- Why
- The insurer is evaluating investments based on its Nifty 150 investment universe and supports MDR to fund digital infrastructure.
- Speaker
- Ajit Banerjee
- Role
- President and Chief Investment Officer, Shriram Life Insurance
- IPO stance
- Cautious
- NSE investment condition
- NSE must enter the Nifty 150 investment universe
- Digital infrastructure
- The insurer supports MDR to fund it
- Preferred sectors
- Large private banks, select PSUs, NBFCs, capital goods and industrials