PPFAS GIFT reduces minimum investment in its two outbound passive funds to $500

PPFAS GIFT has cut the minimum investment in its S&P 500 and Nasdaq 100 outbound passive funds from $5,000 to $500, effective August 25. The move aims to broaden access to global diversification for eligible Indian investors through GIFT City, offering index-linked exposure to leading US companies without requiring foreign brokerage accounts.