From a sectoral positioning perspective, we remain overweight in banking (including NBFCs), healthcare, and consumer, with a separate overweight in insurance. Logistics exposure comes through ports, while IT continues as a significant underweight. We also hold overweight in discretionary, staples, and a small allocation to metals and mining, reflecting where we see the most resilient earnings trends. The two variables we look for in terms of where growth comes from – We want both topline growth alongside margins that the companies generate translating into cash flow-based growth.  In the March quarter results, ee show ~3.5% higher topline growth and ~3% stronger margins versus the Nifty 500, reinforcing our positioning. This is what we believe will translate into outperformance over the subsequent two quarters.