Yes, every quarter. My parents are in Kerala and I send them money regularly — they depend on it. I sell a portion of each vest and repatriate it. It's not an investment decision, it's a commitment. The question has always been how to make the transfer as efficient as possible.

Morgan Stanley at Work, sell, wire to my Indian account, then UPI to my parents. Two steps, two FX conversions eating into the amount. The first one — the wire — I never questioned because I thought that's just how it works. The second one I'd optimized to some extent. But the first was the bigger leak.

My brother works in banking and explained the wire spread to me. I calculated what I'd lost over five years on the Morgan Stanley side alone — it was significant. Then I added the Schedule FA complexity on top. Rovia addressed both: zero FX markup on repatriation and automatic INR cost basis for the annual filing.

Continue the quarterly sell-for-family-support pattern, but smarter. I'm starting to hold some lots past the 24-month mark before selling, which I wasn't doing before. The family support amount is fixed; what I keep for myself can be optimised for tax efficiency.

Conservative-moderate. I have responsibilities that come before my investment preferences. I can't afford a scenario where a stock drops 40% right when I need to liquidate for my parents. So I keep the sell-and-repatriate discipline and hold only what I can genuinely afford to wait on.