Indian funds vs direct US ETFs
Compare 20-year wealth across three routes: PPFAS Flexi Cap, MOSL Nasdaq 100 FoF, and direct US ETFs (VTI) via LRS. Expense-ratio drag baked in.
Investment plan
Direct US (VTI) wins by
₹30,76,308
Total invested: ₹1,20,00,000 over 20 years
PPFAS Flexi Cap (direct) (0.7%)₹3,72,06,902
MOSL Nasdaq 100 FoF (direct) (0.5%)₹3,80,97,643
Direct VTI via LRS (0.03%)₹4,02,83,210
Note: this isolates expense drag only. PPFAS has tax/compliance simplicity that direct US doesn't (12-month LTCG, no Schedule FA). For under ₹15L/yr, that simplicity often outweighs the expense gap.