This is public data. Hardly a conspiracy.
Investment by EPFO in ETFs crosses Rs 2.5 trillion: Rameswar Teli to LS – https://www.business-standard.com/economy/news/investment-by-epfo-in-etfs-crosses-rs-2-5-trillion-says-govt-123121101027_1.html
LIC held 13 lakh crores of value in share market – Value of shares invested by LIC rises from ₹3 lakh crore to ₹13 lakh crore in 10 years – CNBC TV18