How to Transfer RSUs from Vested to Rovia
Vested was one of the first dedicated Indian US-equity platforms. Migrating your RSUs and US stock holdings to Rovia involves the standard partner-broker exit dance — done methodically, lot history is recoverable.
The Vested context
Vested was an early entrant in the Indian-resident-friendly US-equity space — focused initially on fractional access and INR-onboarding for Indian investors who wanted US stocks but didn't want to set up offshore brokerage themselves. The platform has matured significantly and is a reasonable home for self-directed US equity holdings.
For RSU-specific workflows — managing employer grants from Schwab / Morgan Stanley / Fidelity / E*TRADE, lot-level INR cost basis at original vest-day RBI rates, ESPP discount handling, per-lot 24-month LTCG countdowns, automated Schedule FA in calendar-year format — a dedicated RSU platform is a different fit. This guide is for that switching cohort.
1. The three migration paths
Same shape as any Indian-platform exit:
Path 3 is underrated. If your existing Vested holdings are self-directed (NVDA, GOOGL, MSFT etc.) and your future inflows are employer RSUs landing in Schwab/MS/Fidelity/E*TRADE, Rovia can be plumbed into the RSU side without touching the Vested side at all. Two separate worlds, both supported.
2. Data export from Vested
Before any account closure or position move:
- Transaction history CSV. Every buy/sell/dividend with date and price. Download to local storage.
- Cost basis report. Per-lot acquisition date and USD price.
- Year-end tax statements. US 1099-equivalent and India-format tax summaries Vested has produced.
- Schedule FA exports. Any India-format disclosure documents Vested has generated for past ITR filings.
Treat these as permanent records. Even after migration, you may need them years later for ITR amendments or IT Department queries.
3. Set up the Rovia side
With Vested exports in hand:
- Open the Rovia account at rovia.one — KYC, W-8BEN, Indian bank linkage.
- Upload the Vested transaction history. Rovia reconstructs lot-level INR cost basis at the RBI TT rate on each original transaction date.
- If Path 1 (in-kind), receive the ACATS into Rovia's linked US custodian. If Path 2 (sell-rebuy), execute the rebuy on Rovia's side. If Path 3 (dual-run), no action — Vested side continues, Rovia takes new RSU vests.
- Reconcile final Rovia position list against final Vested position list. Investigate any discrepancies before proceeding.
4. The dual-run pattern (recommended for most users)
If your Vested positions are appreciated and selling would trigger a meaningful capital-gains event, the cleanest exit is often: don't exit.
Run Vested for existing positions until they naturally rotate out (sales over time, LTCG-optimized timing per the Vest-Cycle Strategy pillar). Run Rovia in parallel for new RSU vests landing from your employer broker. After 12–24 months, the Vested side has often drained naturally, and consolidation happens without a tax event.
Schedule FA in this transition period covers both platforms — Table A2 for each custodial account, Table A3 for the underlying equity. Rovia's Schedule FA generator handles multi-custodian inventories without issue.
5. After migration — what becomes easier
- RSU-specific workflows — direct ingestion from Schwab / Morgan Stanley / Fidelity / E*TRADE statements, ESPP discount handling.
- Per-lot 24-month LTCG clock — covered in Vest-Cycle Strategy pillar.
- Schedule FA in calendar-year format with peak-value per lot — Schedule FA pillar.
- Form 67 automation for dividend-receiving employees — Form 67 pillar.
- 0-markup FX on repatriations — FX & Repatriation pillar.
Frequently asked questions
Why move from Vested if it works?
For self-directed US equity buying, Vested is reasonable. For RSU-specific workflows — INR cost basis at vest-day RBI TT rates from multiple US employer brokers, ESPP discount tracking, per-lot 24-month LTCG countdowns, surcharge-band planning — a dedicated RSU platform is a better fit. The decision is workflow-specific, not a value judgment on Vested.
Can I keep my Vested account open during the migration?
Yes. Most users run both for 1–3 months: Rovia takes over RSU workflows while Vested holds existing self-directed positions until they decide whether to consolidate.
Will my Vested transaction history transfer?
Yes — you export the transaction CSV from Vested and Rovia ingests it. The original purchase dates and prices are preserved. INR cost basis at original RBI TT rates is reconstructed in the Rovia layer.
What if Vested's partner broker has changed over time?
Multiple partner-broker eras in your history are not unusual for long-time Vested users. Each era's transaction records still export normally; Rovia stitches them into a single lot inventory regardless of which underlying custodian held them at which time.
Does this affect my Schedule FA continuity?
Schedule FA filings are made annually to the Income Tax Department. Past filings stand on their own. Future filings continue from Rovia's reconstructed inventory. Reconcile your final Vested-platform position list against your Rovia-imported list at the time of switchover — this is the audit trail.
What about my pending dividends or scheduled transactions on Vested?
Let pending transactions complete before initiating closure or full migration. Dividends in particular often have ex-date / pay-date gaps of 2–4 weeks; sitting through one cycle avoids reconciliation gaps.
Last reviewed June 5, 2026. Vested's features, fees, and partner-broker arrangements change — verify in your current account before initiating a migration. Informational only, not personalised tax or financial advice. Vested is a registered trademark of its respective owner.