You Grow, We Grow

Wealth Express- January, 2025 ISSUE: 26

Throwback 2024?Looking Ahead 2025

Dear Valued Clients,

As we have stepped into 2025, the Happy Investor family extends heartfelt wishes for a year filled with prosperity, joy & continued success. Your trust & confidence are the foundation of our journey, and we are excited to share some remarkable milestones we have achieved together.

Reflecting on 2024: Happy Investor’s Growth: You Grow, We Grow!

• Assets Under Management : We are thrilled to announce that we now manage total assets worth over ?525 crores. This growth under- scores the faith you have placed in us.
• Monthly SIP Book: Your dedication to disciplined investing has been truly inspiring.? Through SIP, all clients at Happy Investor?together, save 4.75 crores per month. The way we look at this is clients at Happy Investor will have prosperous years going forward due to immense wealth creation that will happen.

• Client Base: Managing 7,500 folios across 650 families, we are proud to be part of your financial journeys. Notably, 23% of our investors are based outside Bangalore, reflecting our growing reach.

At Happy Investor, we are committed to providing carefully curated recommendations. Every fund we suggest is meticulously tracked for six months before being added to our list of Recommended Funds. This rigorous approach ensures that your investments align with the highest standards of performance and reliability.

Educational Initiatives: Spreading Financial Awareness, our way of adding value and giving back! In 2024, we went beyond numbers to empower you through knowledge:

• Webinars & Events: From insightful webinars like our session on Taxation, Term Insurance to DrumJam event led by Vasundhara Das and the Lalbagh Nature Walk we aimed to combine learning with engagement.
• Client -- Centric Presentations: Deepesh Mehta’s presentation, delved deep into India’s growth story and market dynamics, ensuring our clients stay informed about macro trends. These initiatives reflect our unwavering focus on not just managing wealth but fostering financial literacy & confidence among our clients.

Looking Forward to 2025: India’s trajectory as the fastest- growing economy continues to inspire confidence. Indian equities remain our preferred asset class, supported by global manufacturing shifts, favorable policies, and strong corporate earnings. For lump-sum investments, we lean toward large caps and diversified categories like flexicap and multi-assets, given current mid- and small-cap valuations.

On the fixed-income front, we remain positive, expecting a global softening of interest rates. Gold continues to be a valuable asset, with central bank demand likely to keep prices elevated. We have always believed some allocation in Gold Mutual Funds lends a balance to your portfolio.?

As always, challenges persist, including geopolitical tensions, inflation concerns, and electoral outcomes. At Happy Investor, our approach centers on preparedness, planning, and asset allocation to provide you with better risk-adjusted returns that outpace inflation and meet your financial goals.

Our Core Philosophy: When asked, "What’s the best product you recommend?" our answer is always 'Compounding.' This powerful principle, when nurtured with patience and discipline, is the ultimate engine for wealth creation. Remember, uninterrupted compounding is key to achieving your financial goals.

Wishing you a prosperous and joyous 2025 filled with continued success and financial well-being!?

Warm regards, The Happy Investor Team

Smart Tips: The Health Wealth Connection

Have you ever considered how your health could be the foundation of your wealth? Yes, you read that right. There’s a profound connection between staying healthy and building lasting wealth. Let’s explore this with some fascinating examples:

Warren Buffett started investing at 11, reached his first billion at 56, and today, at 94, his wealth has grown to $130 billion—130 times what it was at 56! In contrast, the late Rakesh Jhunjhunwala, India's Big Bull, passed away at 62 with $5 billion. If he had lived as long as Buffet, applying the same multiplier, his wealth could have grown to $1.8 trillion! The lesson? A longer, healthier life doesn’t just add years—it multiplies opportunities for wealth growth.

Just like compounding works wonders for investments, taking care of your health ensures exponential returns over time. Here’s how you can secure both a longer life and a prosperous future:

• Longevity is in Your Hands: Average lifespans have doubled?in the last century. Top causes of death in India—heart attacks, strokes, cancer & Alzheimer’s are preventable through lifestyle changes.

• Monitor Your Health Dashboard: Keep track of triglycerides, waist circumference, fasting blood glucose, blood pressure, and metabolic syndrome.
• Prioritize Sleep: 7-9 hours of quality sleep can add up to 10 years to your life.
• Exercise Regularly: Building muscle and walking 30 minutes daily can reduce mortality risk by 50%.
• Eat Smart: Focus on less but better—more protein, healthy fats like ghee, and less sugar and processed foods.

The secret to long & prosperous life lies in proactive lifestyle choices. By focusing on sleep, exercise, and nutrition, you can achieve not just a healthier life but also a wealthier one.

Remember: Wealth can be managed by fund managers & professionals like us, but the only fund manager for your health is you.?

Ask Us- What is Probate of Will and why is it necessary?

Question: I recently lost my father and when we went through his documents we found records of Mutual Fund investments made a while ago. Some of them had nominations registered while some did not. For the folios which did not have nominations we were asked to produce a Registered Will or a Probated Will. We have a copy of our father’s Will which is not registered. Could you help me as to what does ‘a Probate of Will mean’, and why is it necessary?

Sahana P. S ( name changed )

Answer: A Probate of Will is needed in cases where asset transmission is necessary after the death of the holder, which could be movable or immovable and the existing documents are not sufficient (as in your case - No Nominee).?

A Probate of Will done in the Court of Law helps on various points.?

• A Probate legally recognise and confirms the authenticity of the Will. It helps to confirm that the bequeathing mentioned in the Will is currently valid and that there are no further claimants on the estate of the deceased.

• It grants executors the authority to manage and distribute the deceased’s estate according to the Will’s instructions.
• Probate helps resolve disputes if any, among heirs or potential claimants as it establishes the legitimacy of the Will in a court of law.
• The probate process also helps prevent fraudulent claims.
• For certain financial instruments and immovable property, a probate is mandatory for the successful transmission of an asset.

A request for Probate can be submitted at the local Civil Court having jurisdiction over the deceased person's estate or where the person died.

Source : Centre for Investment Education and Learning (CIEL).