PGIM India Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationModerately High risk
Direct
NAV (18-Jun-25)
₹16.45-0.18%1D
Returns (Since Inception)
12.07%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹976 Cr
Expense Ratio
0.47%
ISIN
INF663L01V49
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
04 Feb 2021
About this fund
PGIM India Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by PGIM India Mutual Fund. This fund has been in existence for 4 years, 4 months and 15 days, having been launched on 04-Feb-21.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹16.45, Assets Under Management (AUM) of 975.78 Crores, and an expense ratio of 0.47%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹16.45, Assets Under Management (AUM) of 975.78 Crores, and an expense ratio of 0.47%.
- PGIM India Balanced Advantage Fund Direct Growth has given a CAGR return of 12.07% since inception.
- The fund's asset allocation comprises around 72.35% in equities, 23.66% in debts, and 3.99% in cash & cash equivalents.
- You can start investing in PGIM India Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.01%
+5.20% (Cat Avg.)
3 Years
+15.81%
+15.31% (Cat Avg.)
Since Inception
+12.07%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹706.02 Cr | 72.35% |
| Debt | ₹230.85 Cr | 23.66% |
| Others | ₹38.92 Cr | 3.99% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹74.56 Cr | 7.64% |
| ICICI Bank Ltd | Equity | ₹72.8 Cr | 7.46% |
| Reliance Industries Ltd | Equity | ₹64.72 Cr | 6.63% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹62.84 Cr | 6.44% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹54.91 Cr | 5.63% |
| Infosys Ltd | Equity | ₹35.56 Cr | 3.64% |
| Tata Consultancy Services Ltd | Equity | ₹27.61 Cr | 2.83% |
| Bharti Airtel Ltd | Equity | ₹23.91 Cr | 2.45% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹18.67 Cr | 1.91% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹17.66 Cr | 1.81% |
| JK Cement Ltd | Equity | ₹16.45 Cr | 1.69% |
| Eternal Ltd | Equity | ₹15.7 Cr | 1.61% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹15.15 Cr | 1.55% |
| Varun Beverages Ltd | Equity | ₹14.82 Cr | 1.52% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹14.5 Cr | 1.49% |
| Larsen & Toubro Ltd | Equity | ₹14.28 Cr | 1.46% |
| Axis Bank Ltd | Equity | ₹13.89 Cr | 1.42% |
| SRF Ltd | Equity | ₹13.78 Cr | 1.41% |
| United Spirits Ltd | Equity | ₹12.84 Cr | 1.32% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹12.36 Cr | 1.27% |
| Bajaj Finance Ltd | Equity | ₹12.19 Cr | 1.25% |
| Dr Reddy's Laboratories Ltd | Equity | ₹12.07 Cr | 1.24% |
| Multi Commodity Exchange of India Ltd | Equity | ₹11.64 Cr | 1.19% |
| 7.09% Govt Stock 2074 | Bond - Gov't/Treasury | ₹11.33 Cr | 1.16% |
| Shriram Finance Ltd | Equity | ₹10.99 Cr | 1.13% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹10.64 Cr | 1.09% |
| Solar Industries India Ltd | Equity | ₹10.52 Cr | 1.08% |
| Titan Co Ltd | Equity | ₹10.31 Cr | 1.06% |
| InterGlobe Aviation Ltd | Equity | ₹9.99 Cr | 1.02% |
| Mahindra & Mahindra Ltd | Equity | ₹9.87 Cr | 1.01% |
| Britannia Industries Ltd | Equity | ₹9.8 Cr | 1.00% |
| Havells India Ltd | Equity | ₹9.51 Cr | 0.97% |
| Muthoot Finance Ltd | Equity | ₹9.18 Cr | 0.94% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹9.14 Cr | 0.94% |
| Cummins India Ltd | Equity | ₹9.04 Cr | 0.93% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹8.76 Cr | 0.90% |
| Dixon Technologies (India) Ltd | Equity | ₹8.46 Cr | 0.87% |
| CG Power & Industrial Solutions Ltd | Equity | ₹8.22 Cr | 0.84% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹8.04 Cr | 0.82% |
| Divi's Laboratories Ltd | Equity | ₹7.72 Cr | 0.79% |
| PB Fintech Ltd | Equity | ₹7.58 Cr | 0.78% |
| Maruti Suzuki India Ltd | Equity | ₹7.36 Cr | 0.75% |
| Info Edge (India) Ltd | Equity | ₹7.35 Cr | 0.75% |
| TVS Motor Co Ltd | Equity | ₹7.26 Cr | 0.74% |
| Aster DM Healthcare Ltd Ordinary Shares | Equity | ₹7 Cr | 0.72% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹6.9 Cr | 0.71% |
| Pidilite Industries Ltd | Equity | ₹6.71 Cr | 0.69% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹6.66 Cr | 0.68% |
| Astral Ltd | Equity | ₹6.59 Cr | 0.68% |
| Supreme Industries Ltd | Equity | ₹6.51 Cr | 0.67% |
| UltraTech Cement Ltd | Equity | ₹6.42 Cr | 0.66% |
| NTPC Ltd | Equity | ₹6.3 Cr | 0.65% |
| Abbott India Ltd | Equity | ₹6.23 Cr | 0.64% |
| Torrent Power Ltd | Equity | ₹5.8 Cr | 0.59% |
| Trent Ltd | Equity | ₹5.74 Cr | 0.59% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹5.64 Cr | 0.58% |
| UNO Minda Ltd | Equity | ₹5.56 Cr | 0.57% |
| ITC Ltd | Equity | ₹5.54 Cr | 0.57% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹5.3 Cr | 0.54% |
| 7.17% Govt Stock 2028 | Bond - Gov't/Treasury | ₹5.28 Cr | 0.54% |
| Page Industries Ltd | Equity | ₹5.25 Cr | 0.54% |
| Jamnagar Utilities And Power Private Limited | Bond - Corporate Bond | ₹5.14 Cr | 0.53% |
| Navin Fluorine International Ltd | Equity | ₹5.14 Cr | 0.53% |
| CCL Products (India) Ltd | Equity | ₹5.05 Cr | 0.52% |
| Ncd Small Industries Development Bank Of India | Bond - Corporate Bond | ₹4.1 Cr | 0.42% |
| Safari Industries (India) Ltd | Equity | ₹3.92 Cr | 0.40% |
| Net Receivables / (Payables) | Cash | ₹3.78 Cr | 0.39% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹3.54 Cr | 0.36% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹3.45 Cr | 0.35% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹3.07 Cr | 0.31% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹2.91 Cr | 0.30% |
| 6.54% Govt Stock 2032 | Bond - Gov't/Treasury | ₹2.55 Cr | 0.26% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹2.38 Cr | 0.24% |
| Aditya Birla Finance Limited | Bond - Corporate Bond | ₹2.04 Cr | 0.21% |
| Shriram Finance Ltd. 8.7% | Bond - Corporate Bond | ₹1.02 Cr | 0.10% |
| 7.26% Govt Stock 2032 | Bond - Gov't/Treasury | ₹0.27 Cr | 0.03% |
Allocation By Market Cap (Equity)
Large Cap Stocks
54.63%
Mid Cap Stocks
13.43%
Small Cap Stocks
4.29%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹221.59 Cr | 22.71% |
| Industrials | ₹85.96 Cr | 8.81% |
| Technology | ₹71.63 Cr | 7.34% |
| Consumer Cyclical | ₹70.98 Cr | 7.27% |
| Energy | ₹64.72 Cr | 6.63% |
| Consumer Defensive | ₹51.51 Cr | 5.28% |
| Healthcare | ₹51.01 Cr | 5.23% |
| Basic Materials | ₹45.25 Cr | 4.64% |
| Communication Services | ₹31.26 Cr | 3.20% |
| Utilities | ₹12.1 Cr | 1.24% |
Risk & Performance Ratios
Standard Deviation
This fund
9.29%
Cat. avg.
8.36%
Lower the better
Sharpe Ratio
This fund
0.70
Cat. avg.
0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.41
Higher the better
Fund Managers
VP
Vinay Paharia
Since April 2023
PP
Puneet Pal
Since December 2021
AP
Anandha Padmanabhan Anjeneyan
Since April 2023
UM
Utsav Mehta
Since April 2024
Additional Scheme Detailsas of 31st May 2025
ISIN | INF663L01V49 | Expense Ratio | 0.47% | Exit Load | No Charges | Fund Size | ₹976 Cr | Age | 4 years 4 months | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Unifi Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.9% | 1.0% | ₹640.17 Cr | - |
| Unifi Dynamic Asset Allocation Fund Regular Growth Moderate Risk | 1.5% | 1.0% | ₹640.17 Cr | - |
| Canara Robeco Balanced Advantage Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1485.86 Cr | - |
| Canara Robeco Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1485.86 Cr | - |
| Helios Balanced Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹304.96 Cr | 3.4% |
| Helios Balanced Advantage Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹304.96 Cr | 1.8% |
| Parag Parikh Dynamic Asset Allocation Fund Regular Growth Moderate Risk | 0.6% | 1.0% | ₹2104.51 Cr | 8.1% |
| Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.3% | 1.0% | ₹2104.51 Cr | 8.4% |
| Samco Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹452.79 Cr | -2.7% |
| Samco Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹452.79 Cr | -4.2% |
About the AMC
Total AUM
₹23,745 Cr
Address
Nirlon House, 2nd Floor, Mumbai, 400 030
Other Funds by PGIM India Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
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We're here to help.
What is the current NAV of PGIM India Balanced Advantage Fund Direct Growth?
The NAV of PGIM India Balanced Advantage Fund Direct Growth, as of 18-Jun-2025, is ₹16.45.
What are the returns of PGIM India Balanced Advantage Fund Direct Growth?
The fund has generated 8.01% over the last 1 year and 15.81% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of PGIM India Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 72.35% in equities, 23.66% in bonds, and 3.99% in cash and cash equivalents.
Who manages the PGIM India Balanced Advantage Fund Direct Growth?
The fund managers responsible for PGIM India Balanced Advantage Fund Direct Growth are:-
- Vinay Paharia
- Puneet Pal
- Anandha Padmanabhan Anjeneyan
- Utsav Mehta
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.