Retail schemePassive
Parag Parikh IFSC Nasdaq 100 Fund of Fund
PPFAS Alternate Asset Managers IFSC
Index exposure to the 100 largest non-financial companies on the Nasdaq — home to many of the world's biggest technology names — through Nasdaq-100-linked UCITS ETFs.
Minimum investment
USD 500
Top-up from USD 500
Key facts
Structure
Retail scheme · open-ended passive fund of funds
Strategy
Passive fund of funds tracking the Nasdaq-100
Invests in
Nasdaq-100-linked UCITS ETFs
Benchmark
Nasdaq-100 Notional Net Total Return Index
Fees (Regular plan)
0.60% a year (up to 0.85% including the underlying ETFs' costs)
Exit load / lock-in
Nil · no lock-in
Minimum investment
USD 500 — Top-up from USD 500
Status
Open
What it gives you exposure to
- ✓The 100 largest non-financial Nasdaq-listed companies
- ✓Concentrated in technology, communication services and consumer internet
- ✓Index tracking — no stock-picking risk
Things to know before investing
- !Far more concentrated than the S&P 500 — expect bigger swings (it fell 33% in 2022 in USD).
- !Tax is paid by the fund: redemptions after 24 months use a long-term post-tax NAV, earlier ones a short-term post-tax NAV.
- !Total cost can reach 0.85% a year once the underlying ETFs' fees are included.
How to invest
Remit US dollars under the RBI’s Liberalised Remittance Scheme (up to USD 250,000 per person a year; 20% TCS above ₹10 lakh, adjustable against your tax) and subscribe to the fund in USD. As a retail scheme, it is open to any resident Indian investor. See the step-by-step guide.
Details last reviewed 27 Sep 2026. Fees and terms can change — confirm with the offer document or private placement memorandum before investing.