Invest in America's 500 Best —
Expand Your Horizon
The Parag Parikh S&P 500 Fund of Fund gives Indian investors an opportunity to own the world's most influential US companies — through a USD-denominated fund regulated in GIFT City, Gujarat. This fund enables focused global diversification into the S&P 500 Index, helping investors participate in long-term wealth creation driven by American innovation and economic leadership, while enjoying the credibility and transparency of a SEBI-regulated structure under the IFSCA Fund Management Regulations, 2022.
Key Highlights of the Parag Parikh S&P 500 FoF
Global Diversification with US Focus
Gain exposure to the S&P 500 Index, representing ~500 leading U.S. companies and ~80% of the U.S. market cap, providing broad-based diversification across sectors.
Access to World's Leading Companies
Invest in globally dominant businesses — large-cap U.S. leaders across technology, healthcare, financials, and consumer sectors, forming the backbone of the global economy.
Passive & Transparent Strategy
The fund follows a passive investment approach, investing in S&P 500-linked ETFs/UCITS, ensuring rule-based, transparent, and efficient market participation.
Proven Performance Track Record
S&P 500 has delivered consistent long-term returns with relatively stable rolling returns and improved drawdown characteristics over time.
Benefit from Innovation & Growth Trends
High allocation to sectors like Information Technology and Communication Services allows participation in global innovation, digital transformation, and AI-led growth.
Key Highlights of the Parag Parikh S&P 500 FoF
| Strategy | Focus |
|---|---|
| Fund Issuer | PPFAS Alternate Asset Managers IFSC Private Limited |
| Fund Manager | Akshay Falgunia |
| Objective | To generate long-term capital appreciation by investing in units of ETFs and UCITS that replicate the S&P 500 Index, thereby providing investors exposure to leading large-cap U.S. companies. |
| Minimum Investment | USD 5,000 |
| Minimum Top Up | USD 500 |
| Liquidity | Daily Redemption |
| Lock-in | No Lock-in Applicable |
| Exit Load | No Exit Load |
| Eligible Investors | Indian Residents (Under LRS) |
| Taxation | 12.5% post 24-month holding (as per rules) at Fund Level |
| TCS | Not applicable below ₹10 lakhs |
| Total Expense Ratio | Total Expense Ratio of the Scheme – 0.60% Max TER including Investee Funds* – 0.70% |
DISCLAIMER: Anand Rathi International Ventures (IFSC) Private Limited – IFSCA Registered Distributor Capital Market Products and Services - 2023-24/0002
PPFAS Alternate Asset Managers IFSC Private Limited has launched Parag Parikh S&P 500 Fund of Fund, an offshore fund offered from GIFT City. Anand Rathi International Ventures (IFSC) Private Limited's role is limited to that of a Distributor. Anand Rathi International Ventures (IFSC) Private Limited does not provide any investment advice, recommendation, research, or assurance on returns. All investment decisions, orders, and transactions are undertaken by the client at their sole discretion and responsibility. Investments are subject to market risks, including risks associated with foreign securities and currency fluctuations. Past performance is not indicative of future results.
The Company and its employees, agents, or representatives do not handle client funds or securities, execute trades, or undertake clearing or settlement of transactions. Anand Rathi International Ventures (IFSC) Private Limited shall not be liable for any loss, damages, or claims arising out of the use of products or services provided by PPFAS Alternate Asset Managers IFSC Private Limited.