This is what I was going for, along with the fact that direct stocks investing is very time consuming, as we all know, and whose results could surprise us on the negative side. So some may feel that they have lost opportunity and time by doing this, despite working for it.

So it is recommended for many to start with MFs, understand the markets, understand volatility, gain some experience, and one can start dabbling directly, and go forward.

Your participation and management is very structured and even if some mishaps happen here and there, it wont be significant. And it appeals to some, and they can emulate and build what you are doing.

I would find stock interesting only after fall in coming Quarter. My reasoning. Sell Mining equipment to Gold miners. MTAR tech does that. Because there is intense competition in Alternate sources of energy. I am not sure if their defence technology but they do have some technology.
This Quater would also be very bad.

When one has ample time, one can go with MFs because the corpus required for these goals can be calculated and the time is also known, particularly education goal, as it cannot be postponed. One can rebalance as per returns or % growth of the funds, and as time goes forward, even if 70% or 80% of the corpus is achieved, one can move to debt.

Investing in stocks for goals could be risky, as one cannot manage a large group of stocks like MFs do, and what kind of stocks should consist of such a group is also a big question. High growth stocks, GARP, value, undervalued, dividend etc etc.

One can look at stock advisories though, as the work is done by them just like MFs, and all one does is to read the reports sent, invest and sell as per the recommendations.

And retirement is complex compared to education, there are a lot of moving parts.

Just my thoughts.

Apart from regular income (which can be accomplished using Dividends), there could be various other goals which can be achieved through Direct stock investing.

Investors can set aside some Direct Stock corpus for goals like Retirement, Children Education, Vacation, so on and so forth. When profits are booked in Individual stocks one can use all or some of those profits to satisfy these goals, by investing those profits in FD/Liquid Fund and then using those funds for some of these goals.

This aspect is sometimes ignored by Direct Stock investors. This can be also discussed.

If Market Coupling can solve all the problems then Why it is not yet implemented? People should have asked this question to the Authorities.

It seems that, decisions are sometimes taken on half cooked data which creates panic among few shares. Focus should have been on making the power available to common man at affordable prices and price discovery could happen at any place. Why authorities are worried about where this discovery happens. It seems that some wasted interests could be there which has created this unnecessary situation from time to time.

Disclosure : Closed my position few weeks back due to this inappropriate way of looking at power management and pricing matter. Though I have closed my position, I believe that IEX might able to overcome this noise but I thought of playing it safe.