How does LIC's ₹51 lakh crore AUM compare to other nations' GDP?

The Life Insurance Corporation of India's assets under management (AUM) recently surpassed ₹51 lakh crore, almost twice the size of Pakistan's GDP. Total assets managed by LIC is also greater than combined GDPs of India's three neighbouring countries - Pakistan, Nepal, and Sri Lanka. At $616 billion, the fund also surpasses the size of the economies of Denmark and Singapore.

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