PPFAS to launch 2 new passive GIFT City based outbound funds on February 23. Check key details

February 14, 2026

According to the fund house, these funds are retail funds launched by PPFAS Gift which will directly invest all monies into S&P 500 and NASDAQ 100 accumulating ETFs and UCITS. Both funds use a passive strategy, giving investors direct exposure to the S&P 500 and NASDAQ 100 indices without requiring them to open foreign brokerage accounts.

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Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?

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