PPFAS Nasdaq 100 Fund (GIFT)
PPFAS Asset Management — IFSC Branch
Low-cost passive Nasdaq 100 access in USD from $5,000
Fund data from fund-house disclosures, as of Jun 2026. The performance chart below shows the fund's live underlying / benchmark index (Nasdaq 100) as a proxy — not the fund's own NAV. Always refer to the official factsheet before investing.
Underlying index — live proxy · 1Y
Nasdaq 100, rebased to 100. A live stand-in for the fund's market exposure.
Strategy & allocation
Passive — invests in Nasdaq 100-linked UCITS & ETFs
~90% in index, ~10% cash/debt for liquidity (64% tech)
Strengths
- Low fee (~0.4%)
- Low ticket ($5,000)
- Transparent passive exposure
Watch-outs
- High concentration in tech (64%)
- Rich US valuations
Who is it for?
A passive GIFT IFSC fund-of-fund from PPFAS tracking the Nasdaq 100 via UCITS/ETFs, at a low ~0.4% fee — a clean, cheap way for Indian investors to own US mega-cap tech in dollars.
USD diversification: at today's live rate of ₹95.75/USD, a dollar sleeve compounds the rupee's long-run drift on top of the strategy's own return.
Geography Exposure
United States
Tax Snapshot
USD capital gains on IFSC units; LRS-funded.
Always obtain personalised tax advice.
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