Sourav Mondal

So, you know, as retail investors as we see these days increasingly seeking personalized portfolios rather than generic mutual fund units, so how do you see the firm positioning its technology stack to offer, direct indexing kind of a thing at a scale. Over the next decade, how do you foresee this impacting the traditional active asset management?

Thank you. The next question I have is regarding the alternative, so alternative needs kind of specialized talent and what kind of cost to AUM ratio do you see on alternative division versus let's say the mutual fund?

Okay. Thank you. That's all from my side.