Archive · 21 Nov 2025
PPFAS Launches Tax-Efficient S&P 500 Fund for Indian Investors
PPFAS has started a new fund that lets Indian people invest in big American companies like Apple and Microsoft easily.
This fund is cheaper and simpler to use than other ways to invest in the U.S. It also makes tax time easier for Indian investors.
You can buy units for US$100 each, and there are no rules saying you have to keep your money in the fund for a certain time.
The fund has two types of units: one with a lower cost for direct investors and one with a higher cost for regular investors.
The fund wants to make it easier for Indians to invest in the U.S. without dealing with complex rules and taxes.
PPFAS launches Parag Parikh IFSC S&P 500 Fund of Fund for Indian investors
Fund offers simplified access to U.S. equities with lower costs and tax efficiency
Each unit priced at US$100 with daily NAV calculation, no lock-in, and no exit load
Two classes: Class A (Direct) with 0.30% TER and Class B (Regular) with 0.60% TER
Funds aim to reduce compliance burden and avoid U.S. estate tax and Schedule FA disclosures
- Who
- PPFAS
- What
- Launched Parag Parikh IFSC S&P 500 Fund of Fund
- When
- Recently
- Where
- GIFT City
- Why
- To provide Indian investors with simplified access to U.S. equities
Mirae Asset S&P 500 Top 50 ETF
Motilal Oswal S&P 500 Index Fund
Concentration of Holdings
Mirae Asset S&P 500 Top 50 ETF
Highly concentrated, mega-cap heavy
Motilal Oswal S&P 500 Index Fund
Broad, diversified US market
Top Sector Weight
Mirae Asset S&P 500 Top 50 ETF
Technology ~64.5%
Motilal Oswal S&P 500 Index Fund
Technology ~48%
Volatility
Mirae Asset S&P 500 Top 50 ETF
Higher (13.95)
Motilal Oswal S&P 500 Index Fund
Lower (12.04)
- Fund Name
- Parag Parikh IFSC S&P 500 Fund of Fund
- Unit Price
- US$100
- TER (Class A)
- 0.30%
- TER (Class B)
- 0.60%
- Benchmark
- S&P 500 Net TRI
- Minimum Investment
- US$5,000
- Tax Rate (Gain < 2 years)
- 42.7%
- Tax Rate (Gain > 2 years)
- 14.95%
