PPFAS GIFT has reduced the minimum investment in its two outbound passive funds from US$5,000 to US$500, cutting the entry ticket by 90 percent. The change applies to the Parag Parikh IFSC S&P 500 Fund of Fund and Parag Parikh IFSC Nasdaq 100 Fund of Fund.
Announcing the change on X, PPFAS GIFT said the lower minimum investment would give investors access to global investing at a lower entry point.