Parag Parikh IFSC S&P 500 Fund of Fund
Parag Parikh IFSC S&P 500 Fund of Fund is a USD-denominated outbound GIFT City (IFSC) fund from PPFAS IFSC, regulated by IFSCA and benchmarked to S&P 500 Net Total Returns Index. As of 29 Sep 2026, its NAV was $115.4028; return since launch +14.28% (absolute); expense ratio 0.30%; minimum investment US$ 500 (additional US$ 500).
Returns
As of 29 Sep 2026Investment Strategy
Parag Parikh IFSC S&P 500 Fund of Fund (PPISP500) is a GIFT-IFSC based open-ended retail fund managed by PPFAS Alternate Asset Managers IFSC Private Limited (Retail FME, registered with IFSCA), a GIFT City based entity of the PPFAS Group. The fund enables Indian resident individuals and eligible non-individuals to diversify their investments into global markets through a fund-of-fund structure, wherein the scheme invests in one or more ETFs that track the performance of the S&P 500 Net Total Returns Index.
NAV History (USD)
Fund Facts
Top Holdings
Parag Parikh IFSC S&P 500 Fund of Fund — FAQs
What is the latest NAV of Parag Parikh IFSC S&P 500 Fund of Fund?
The latest NAV of Parag Parikh IFSC S&P 500 Fund of Fund is $115.4028 (USD) as of 29 Sep 2026. NAVs are published in US dollars on every business day.
What is the expense ratio of Parag Parikh IFSC S&P 500 Fund of Fund?
The total expense ratio of the Direct plan is 0.30% per year, as published by PPFAS IFSC.
What is the minimum investment in Parag Parikh IFSC S&P 500 Fund of Fund?
The minimum investment is US$ 500 (additional US$ 500). Resident Indians remit the money in US dollars under the Liberalised Remittance Scheme (LRS).
What is the benchmark of Parag Parikh IFSC S&P 500 Fund of Fund?
Parag Parikh IFSC S&P 500 Fund of Fund is benchmarked against S&P 500 Net Total Returns Index.
When was Parag Parikh IFSC S&P 500 Fund of Fund launched?
Parag Parikh IFSC S&P 500 Fund of Fund was launched on 20 March 2026.
Can resident Indians invest in Parag Parikh IFSC S&P 500 Fund of Fund?
Yes. Parag Parikh IFSC S&P 500 Fund of Fund is an outbound GIFT City (IFSC) fund regulated by IFSCA. Resident Indians invest in US dollars through the Liberalised Remittance Scheme (up to USD 250,000 per financial year); TCS may apply on remittances above ₹10 lakh.
Is there an exit load on Parag Parikh IFSC S&P 500 Fund of Fund?
Yes. The exit load for Parag Parikh IFSC S&P 500 Fund of Fund is: Purchase NAV: Long term post-Tax NAV Redemption NAV: Investor's Holding Period > 2 Years – Long term post-Tax NAV Investor’s Holding Period < 2 Years – Short term post-Tax NAV.