Kerala Man Helps Maid Invest ₹1 Lakh in Stocks, Sparks Debate on Social Media
Kerala Man Helps Maid Invest ₹1 Lakh in Stocks, Sparks Debate on Social Media
A Kerala-based investor, Sudheep, has stirred a debate online after helping his domestic worker invest ₹1 lakh in the stock market through Zerodha. Sudheep shared a post on the social media platform X (formerly Twitter), revealing that his domestic worker had invested ₹1,05,970 in small and mid-cap stocks. The current value of her portfolio stands at ₹1,28,462, reflecting a 30% increase within a month.
Sudheep’s post, which has garnered over half a million views, has divided public opinion. While some praised him for empowering the less privileged by introducing them to new investment opportunities, others expressed concern about the risks involved in stock investments, particularly in small and mid-cap stocks.
Critics argued that these stocks are riskier compared to large-cap stocks and questioned whether it was wise for a domestic worker, possibly investing her life savings, to take such risks. They suggested safer investment options, such as mutual funds, would have been more suitable.
In response to the criticism, Sudheep clarified that the domestic worker has additional savings, including 7-8 lakh in fixed deposits and some gold. He also emphasized that he has been active in the stock market for 16 years and understands the risks and rewards. According to Sudheep, his domestic worker earns between ₹20,000 to ₹40,000 a month and has been employed by his family for 20 years.
Defending his decision, Sudheep explained that he prefers stock investments over mutual funds, citing their lower long-term returns. He concluded by saying, “Let her also taste some bull run… and equity make some money. Let everyone make money.”
The debate continues on social media, with opinions split over the ethics and prudence of Sudheep’s actions.
