About the Fund
Parag Parikh India Flexi Cap Fund is a feeder fund for NRIs and Foreign investors who are looking to invest in PPFAS Mutual Fund's flagship scheme Parag Parikh Flexi Cap Fund through an offshore location.
Benefits for NRI/Foreign Investor to Invest through GIFT City Fund
Investments, Redemptions & NAV denominated in USD
Ease of Compliance – No separate FPI license for Foreign Investors
No Tax on Gains from selling of units
PAN Not Mandatory; No income tax return filling in India
No Restriction on Repatriation of funds back to the source
No NRO / NRE Account Requirement
Key features of Parag Parikh Flexi Cap Fund (domestic mutual fund)
making it 'truly' diversified scheme
Value Investing Philosophy
Investment Strategy
Fund only include companies with low debt, high cash flows, investor-friendly management etc.
A Swiss Army knife
Parag Parikh India Flexi Cap Fund has the flexibility to invest in domestic and foreign companies irrespective of market capitalization and sectors
Fund Details
| Target Investors | NRIs, Foreign Individuals, FIIs (Resident Indians will not be allowed) |
|---|---|
| Base Currency | USD |
| NAV Computation | Daily |
| Purchase & Redemption | All Business Days |
| Minimum Investment | US$ 10,000; Top-up US$ 1000 per Instance |
| Exit Load & Lock-in | 0-365 Days - 2%; 366-730 Days - 1%; No Lock-in Applicable |
