AMC Name – PPFAS Alternate Asset Managers IFSC Private
Fund Name – Parag Parikh IFSC NASDAQ 100 Fund of Fund
| Outbound | Equity | Open Ended | USD Investment |
Benchmark – Nasdaq 100 Notional Net TRI
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.
Minimum Investment – $5000
Additional Investment – $500
Lock in Period – Nil
Expense Ratio – 0.60%
Exit Load – Nil
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 % |
NAV at the Inception – $ 100
Present NAV – $ 118.G7 (March 2026)
Top 10 Holdings of the Funds
Logos of NVIDIA , MS , AMAZON, ALPHABET , META , BROADCOM , APPLE , ORACLE , TESLA
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.