Paresh Jain

Firstly, just extending the point on surrender charges, you have the best -in-class persistency especially on the one year, on the 13 -month in terms of number of policies. In spite of that, we have a relatively larger impact as compared to some of the other peers that have mentioned the impact.

My second question, which was more specific to the 2nd Quarter. What is the kind of mix that we would have done in July, would it be similar to 1st Quarter and in case the growth kind of persists what we are seeing, and the product mix also remains similar, what could be the Q2 level margins?