Hi Anusha,
Have you tried checking "Enable Creation of New Views" for this configuration? (just below the personalization option. I haven't tried it myself, but if it doesn't work, this might be the reason, as per FPM Handbook:
Personalization Dialog Box
This is available only to components that are created in SAP NetWeaver 7.03/7.31 SP4 onwards (which use the WD ABAP C-Table). For more information, see the
(C) SAP AG Floorplan Manager ABAP - Developer’s Guide 132
Preliminary Version
documentation under this heading under the List ATS Component. However, note that this dialog box contains a restricted set of features for the Hierarchical List (Tree) Component.
Regards,
Custodio