PPFAS Alternate Asset Managers IFSC Pvt. has reduced the minimum investment threshold for its GIFT City-based outbound funds by a tenth to $500. The change applies to its two passive funds tracking the S&P 500 and Nasdaq 100 indexes. The fund enables Indian investors to access overseas markets through the country's tax-free financial hub.

This move lowers the barrier for retail investors seeking international diversification. The adjustment reflects broader trends in making cross-border investing more accessible to Indian households.