About NASDAQ 100 Index
The NASDAQ-100 Index tracks the performance of 100 largest non-financial companies listed on the NASDAQ Stock Exchange. It serves as a benchmark for innovation-driven sectors such as technology, communications, and consumer services, reflecting the growth engine of the modern U.S. economy.
NASDAQ 100 is an index with high focus on tech innovations
Quality Gates Baked in Index rules
Active index management by committee
Parag Parikh IFSC NASDAQ 100 Fund of Fund
Parag Parikh IFSC NASDAQ 100 Fund of Fund is a retail fund launched by PPFAS Gift which will directly invest all monies into NASDAQ 100 accumulating ETFs and UCITS. This is a passive strategy which will give investors direct exposure to NASDAQ 100 index without opening foreign brokerage accounts.
Advantage of investing through this fund vs direct
Fund Facts
| Target Investors | Resident Indian Individuals and other eligible investors, e.g. Companies, LLPs, Partnership Firms. |
|---|---|
| Base Currency | USD |
| Benchmark | NASDAQ 100 Notional Net TRI |
| 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 |
| Minimum Investment | US$ 5,000; Top-up US$ 500 per Instance |
| Lock-in | No Lock-in |
| Exit Load | No Exit load |
Scheme Documents
Offer Document
Addendum
Valuation Policy