PPFAS approach to GIFT City and overseas-investing structures

Sat, 16 May 2026 00:00:00 +0000

The PPFAS approach to GIFT City and overseas-investing structures refers to the broader PPFAS group’s engagement with alternative international-investment pathways beyond the SEBI-overseas-investment-cap-constrained Parag Parikh Flexi Cap Fund and Parag Parikh ELSS Tax Saver Fund allocations. The principal exploration has been at the PPFAS Ltd (sponsor) and partner level, including Fund-of-Fund (FoF) products referencing S&P 500 and Nasdaq 100 indices through partnerships including Vested Finance, structured under the International Financial Services Centres Authority (IFSCA) framework at GIFT City, Gandhinagar.

PPFCF vs international FoFs for global exposure

Sat, 16 May 2026 00:00:00 +0000

The Parag Parikh Flexi Cap Fund (PPFCF) and international Fund-of-Funds (FoFs) are two structurally different vehicles available to Indian investors seeking global equity exposure within the regulated mutual fund wrapper. PPFCF, the flagship scheme of PPFAS Mutual Fund , embeds up to 35 per cent overseas-listed equity allocation within a single Indian equity-oriented flexi cap scheme. International FoFs, such as the various S&P 500 FoF and Nasdaq 100 FoF products offered by AMCs including Motilal Oswal Mutual Fund , ICICI Prudential Mutual Fund , Mirae Asset Mutual Fund , Kotak Mahindra Mutual Fund and others, invest in underlying overseas index ETFs to provide pure international exposure.

S&P 500 FoF on WebNotes

PPFAS approach to GIFT City and overseas-investing structures

PPFCF vs international FoFs for global exposure