With the revised minimum investment, most retail investors can now access these global index-linked investment strategies at a significantly lower entry threshold.
FinTech BizNews Service
Mumbai, 25 August, 2026: PPFAS Alternate Asset Managers IFSC Private Limited (PPFAS GIFT), the GIFT City-based fund management entity of PPFAS, has announced a significant reduction in the minimum initial investment for its two outbound passive funds - Parag Parikh IFSC S&P 500 Fund of Fund and Parag Parikh IFSC Nasdaq 100 Fund of Fund - from US$5,000 to US$500, effective from today.
The move aims to make global investing more accessible to eligible Indian investors seeking to diversify their portfolios beyond domestic markets. With the revised minimum investment, most retail investors can now access these global index-linked investment strategies at a significantly lower entry threshold.
Hema Thakkar, Head – Business Development (Alternatives), PPFAS, said, “When we launched our outbound passive funds, the objective was to provide investors with a simple and transparent route to participate in global markets through GIFT City. Reducing the minimum investment from US$5,000 to US$500 is a natural next step in that journey. We believe global diversification should not be limited to investors who can commit a larger amount at the outset. This change allows a much wider set of eligible investors to gradually build international exposure, while staying invested in straightforward, index-based strategies.”
The Parag Parikh IFSC S&P 500 Fund of Fund provides passive exposure to the S&P 500, an index comprising 500 leading publicly traded companies in the United States and representing a broad cross-section of the U.S. large-cap market. The Parag Parikh IFSC Nasdaq 100 Fund of Fund, meanwhile, provides exposure to the Nasdaq 100, comprising the 100 largest non-financial companies listed on the Nasdaq Stock Market, with significant representation from technology, communications, and consumer-oriented businesses.
Both funds invest in ETFs and UCITS linked to their respective indices and are designed to provide investors with exposure to global equities without the need to open and manage a foreign brokerage account. The funds are denominated in US dollars and have no lock-in period or exit load.
