FUND Name: Parag Parikh IFSC NASDAQ 100 Fund of Fund
AMC Name: PPFAS Alternate Asset Managers IFSC Private
Investment Objective: Available for Indian Resident Investor under LRS Scheme, this is a low-cost passive strategy that replicates NASDAQ 100 performance by investing in NASDAQ 100 linked ETFs and UCITS via GIFT City. The strategy offers investors exposure to 100 of the largest U.S. technology companies across 9 different sectors.
- Outbound
- Equity
- Open Ended
- USD Investment
Fund Level Taxation
|
Short Term Capital Gain Tax (STCG) 42.74 % for stocks help under 24 months |
TCS (Tax Collected at Source ) 20 % TCS applicable for remittances > Rs 10 lakhs |
|
Long Term Capital Gain Tax (LTCG) 14.95 % for stocks held 24 months or more |
Dividends from Stocks Taxed at 35.88 % |
Fund Manager: Mr. Akshay Falgunia is a Chartered Accountant and a B.Com graduate from Gujarat University. He manages the passive outbound fund strategies at PPFAS GIFT City and brings over 7 years of industry experience.
| Benchmark | Nasdaq 100 Notional Net TRI |
| Minimum Investment | $5000 |
| Additional Investment | $500 |
| Lock in Period | Nil |
| Expense Ratio | 0.60% |
| Exit Load | Nil |
| NAV at the Inception | $100 |
| Present NAV | $118.G7 (March 2026) |
| Fund Manager | Mr. Akshay Falgunia |
Top Holdings of the Funds
