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How to configure Caching algorithm for better performance in Hybris platform?

In local.properties file add/change the values of the following properties.

#Possible vales are FIFO(default), LRU and LFU. Default value is FIFO
cache.evictionpolicy=FIFO
#Possible vales are FIFO (default), LFU and LRU. Default value is FIFO
regioncache.entityregion.evictionpolicy=FIFO

#Possible vales are FIFO (default), LFU and LRU. Default value is FIFO
regioncache.typesystemregion.evictionpolicy=FIFO

#Possible vales are FIFO (default), LFU and LRU. Default value is FIFO
regioncache.querycacheregion.evictionpolicy=FIFO

Change the algorithm to either LFU or LRU based on your requirements for better performance.