equitup
Tax and RSUs · A thinking tool

Three tailwinds built your position.
None of them was a plan.

You took the offer partly for the stock. Over the years it vested, quietly, in dollars. You rarely sold, because selling meant tax, and because the company kept delivering. Today that single holding is the largest thing you own.

It got there on three tailwinds, and it is worth being honest about each.

The first was the run in US technology. The NASDAQ 100 rose roughly 95% over the last five years. You were paid in the strongest corner of the global market, at close to the best possible time.

The second was the rupee. As it moved from about ₹74 to ₹95 to the dollar, your holding grew about 28% in rupee terms without the stock moving at all.

The third was inertia. Holding was easier than deciding, and for years it was rewarded.

None of this was a strategy. It was a fortunate position, and fortunate positions are the ones most worth examining, because the same three forces can run in reverse. A pause in US tech, a firmer rupee, and one concentrated bet can undo years of gains in a single quarter.

The question is not whether the company is good. It is whether this much of your future should sit in one stock, in one currency, in one market, when US technology now trades near the top of its historical valuation range and a broadly diversified Indian portfolio trades closer to its long term average.

Where the two markets stand · as of June 2026
+95%
NASDAQ 100, 5-year run
30
NASDAQ 100 P/E ratio
22.7
Nifty 500 P/E ratio
Figures set from Equitup research and updated periodically. Relative valuation is context, not a forecast.

Now see it in your own numbers.

Enter your position. The tool shows your concentration today, and what it costs in tax to bring it down.

Enter your stock in
USD / INR rate
₹
Your single stock position (USD)
$
Current value of the single stock you are concentrated in.
Everything else you have invested (INR)
₹
Indian mutual funds, direct equity, bonds, gold. Not real estate or emergency cash.
Cost basis of that stock (USD)
$
What the shares were worth when they vested. Used to estimate the taxable gain.
Most of these shares are held
Single stock, todayHeavy
66%
₹1.71 Cr of a ₹2.61 Cr portfolio. One company holds most of what you have set aside.
If that stock fell 30%, you would lose ₹51 L, or 20% of everything you have invested, in one move you do not control. A stronger rupee would add to the fall in rupee terms.
Bring it down to30%
Now
66%
→
After
30%
Stock to sell₹94 L
Estimated tax (12.5%)₹4.6 L
Left to redeploy₹89 L
Reducing to 30% costs about ₹4.6 L in tax today, roughly 4.9% of what you move. The rest keeps working, now spread across more than one company and more than one currency.
Illustrative only. Stock entered in dollars is converted at the rate you set; actual tax uses RBI reference rates at vesting and at sale, so rupee movement between those dates changes the taxable gain. Tax is estimated on a simplified basis: 12.5% on gains from shares held over 24 months, and your slab on shares held under 24 months. Surcharge, cess, and set off of losses are not modelled. Market figures are set from Equitup research as of June 2026 and are context, not a forecast. This is not tax or investment advice. Speak to your chartered accountant, and to us, before acting.