About S&P 500 Index
The S&P 500 Index tracks the performance of 500 leading publicly traded U.S. companies, representing the core of the American equity market. It is a float-adjusted, market-capitalization-weighted index designed to reflect the performance of the U.S. large-cap economy.
S&P 500 is an index with curated composition
Quality Gates Baked in Index rules
Active index management by committee
Parag Parikh IFSC S&P 500 Fund of Fund
Parag Parikh IFSC S&P 500 Fund of Fund is a retail fund launched by PPFAS Gift which will directly invest all monies into S&P 500 accumulating ETFs and UCITS. This is a passive strategy which will give investors direct exposure to S&P 500 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 |
| Minimum Investment | US$ 5,000; Top-up US$ 500 per Instance |
| Benchmark | S&P 500 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 |
| Lock-in | No Lock-in |
| Exit Load | No Exit load |
Scheme Documents
Offer Document
Addendum
Valuation Policy