Hi Priyanka,
I am not aware of such a setting.
Might be worth checking Brainstorm for a FeatureRequest and if none exists, open a new one.
We have written our custom logic to pack all log files from yesterday into a zip to save space on the disk.
These zips will be cleaned up occasionally when we are checking/updating the environments.
Regards,
Holger
#edi#Integration-Server-and-ESB#webMethods