The main idea which is beyond this message is that Corpus of LIC is increasing and shall increase into equities. Hence it is expected more Equity Linked ULIPs shall also be launched henceforth!!
This would also additionally mean that we need to learn more about equity markets to understand the changing Corpus of LIC and accordingly spend time to educate the customers.
Mutual Fund companies also invest in Equities and LIC has also started to grow its equity portfolios. Hence in future in order to have competitive say in front of the client, one must be well versed about Mutual Funds Corpus and LICs as well!!