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Fund Overview

Fund Size

Fund Size

₹1,146 Cr

Expense Ratio

Expense Ratio

0.44%

ISIN

ISIN

INF663L01V49

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

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 3 years, 3 months and 14 days, having been launched on 04-Feb-21.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹14.62, Assets Under Management (AUM) of 1145.95 Crores, and an expense ratio of 0.44%.
  • PGIM India Balanced Advantage Fund Direct Growth has given a CAGR return of 12.28% since inception.
  • The fund's asset allocation comprises around 68.75% in equities, 20.53% in debts, and 10.73% 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

+17.05%

+22.86% (Cat Avg.)

3 Years

+11.81%

+12.70% (Cat Avg.)

Since Inception

+12.28%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity787.8 Cr68.75%
Debt235.24 Cr20.53%
Others122.92 Cr10.73%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Bank LtdEquity66.2 Cr5.78%
Clearing Corporation Of India Ltd.Cash - Repurchase Agreement64.84 Cr5.66%
Reliance Industries LtdEquity61.72 Cr5.39%
7.18% Govt Stock 2037Bond - Gov't/Treasury59.44 Cr5.19%
HDFC Bank LtdEquity57.15 Cr4.99%
7.18% Govt Stock 2033Bond - Gov't/Treasury46.35 Cr4.04%
Tata Consultancy Services LtdEquity34 Cr2.97%
Bharti Airtel LtdEquity30.57 Cr2.67%
Axis Bank LtdEquity26.09 Cr2.28%
Avenue Supermarts LtdEquity25.29 Cr2.21%
Hsbc Investdirect Financial Services (India) LimitedCash - Commercial Paper24.77 Cr2.16%
Larsen & Toubro LtdEquity23.53 Cr2.05%
JK Cement LtdEquity22.41 Cr1.96%
Indraprastha Gas LtdEquity22.35 Cr1.95%
Infosys LtdEquity21.06 Cr1.84%
6.54% Govt Stock 2032Bond - Gov't/Treasury18.24 Cr1.59%
Cholamandalam Investment and Finance Co LtdEquity18.13 Cr1.58%
SBI Life Insurance Company LimitedEquity17.54 Cr1.53%
7.25% Govt Stock 2063Bond - Gov't/Treasury16.86 Cr1.47%
Max Healthcare Institute Ltd Ordinary SharesEquity16.69 Cr1.46%
SRF LtdEquity15.91 Cr1.39%
Zomato LtdEquity15.67 Cr1.37%
ICICI Lombard General Insurance Co LtdEquity15.64 Cr1.37%
Mankind Pharma LtdEquity15.53 Cr1.36%
Maruti Suzuki India LtdEquity14.7 Cr1.28%
InterGlobe Aviation LtdEquity14.26 Cr1.24%
Varun Beverages LtdEquity14.12 Cr1.23%
Havells India LtdEquity12.76 Cr1.11%
Titan Co LtdEquity12.68 Cr1.11%
Kotak Mahindra Bank LtdEquity12.48 Cr1.09%
J.B. Chemicals & Pharmaceuticals LtdEquity12.33 Cr1.08%
NTPC LtdEquity12.09 Cr1.05%
Aarti Industries LtdEquity11.81 Cr1.03%
United Spirits LtdEquity11.76 Cr1.03%
Bharat Electronics LtdEquity11.54 Cr1.01%
Coforge LtdEquity10.82 Cr0.94%
CG Power & Industrial Solutions LtdEquity10.55 Cr0.92%
Sikka Ports & Terminals LimitedBond - Corporate Bond10 Cr0.87%
Timken India LtdEquity9.99 Cr0.87%
LIC Housing Finance LtdBond - Corporate Bond9.84 Cr0.86%
7.38% Govt Stock 2027Bond - Gov't/Treasury9.42 Cr0.82%
Multi Commodity Exchange of India LtdEquity9.14 Cr0.80%
Sona BLW Precision Forgings LtdEquity9.12 Cr0.80%
7.26% Govt Stock 2033Bond - Gov't/Treasury8.62 Cr0.75%
Astral LtdEquity8.43 Cr0.74%
Tube Investments of India Ltd Ordinary SharesEquity8.22 Cr0.72%
UNO Minda LtdEquity7.92 Cr0.69%
Dixon Technologies (India) LtdEquity7.68 Cr0.67%
Page Industries LtdEquity7.54 Cr0.66%
Bajaj Finance LtdEquity7.47 Cr0.65%
Export-Import Bank of IndiaCash - Commercial Paper6.99 Cr0.61%
Syngene International LtdEquity6.41 Cr0.56%
Larsen And Toubro LimitedBond - Corporate Bond6.02 Cr0.53%
Central Depository Services (India) LtdEquity6.01 Cr0.52%
Mahindra & Mahindra Financial Services LtdBond - Corporate Bond6.01 Cr0.52%
Power Grid Corporation Of India LimitedBond - Corporate Bond5.93 Cr0.52%
Info Edge (India) LtdEquity5.86 Cr0.51%
Motherson Sumi Wiring India LtdEquity5.8 Cr0.51%
Mrs Bectors Food Specialities Ltd Ordinary SharesEquity5.53 Cr0.48%
Navin Fluorine International LtdEquity5.33 Cr0.47%
7.26% Govt Stock 2032Bond - Gov't/Treasury5.27 Cr0.46%
7.17% Govt Stock 2028Bond - Gov't/Treasury5.1 Cr0.45%
Rural Electrification Corporation LimitedBond - Corporate Bond5.02 Cr0.44%
Jamnagar Utilities And Power Private LimitedBond - Corporate Bond5.02 Cr0.44%
Export Import Bank Of IndiaBond - Corporate Bond5.01 Cr0.44%
HDFC Securities LimitedCash - Commercial Paper4.99 Cr0.44%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond4.96 Cr0.43%
Canara BankBond - Gov't Agency Debt4.69 Cr0.41%
Icici Securities LimitedCash - Commercial Paper4.68 Cr0.41%
Aditya Birla Finance LimitedCash - Commercial Paper4.68 Cr0.41%
LIC Housing Finance Ltd.Cash - Commercial Paper4.68 Cr0.41%
Devyani International LtdEquity3.84 Cr0.34%
Metro Brands LtdEquity3.51 Cr0.31%
Kotak Mahindra Investments LimitedBond - Corporate Bond3.49 Cr0.30%
Jamnagar Utilities & Power Private LimitedBond - Corporate Bond2.8 Cr0.24%
SKF India LtdEquity2.6 Cr0.23%
Net Receivables / (Payables)Cash2.28 Cr0.20%
7.06% Govt Stock 2028Bond - Gov't/Treasury2.16 Cr0.19%

Allocation By Market Cap (Equity)

Large Cap Stocks

50.27%

Mid Cap Stocks

15.59%

Small Cap Stocks

2.88%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services235.86 Cr20.58%
Industrials101.88 Cr8.89%
Consumer Cyclical80.79 Cr7.05%
Technology73.56 Cr6.42%
Energy61.72 Cr5.39%
Consumer Defensive56.7 Cr4.95%
Basic Materials55.46 Cr4.84%
Healthcare50.96 Cr4.45%
Communication Services36.43 Cr3.18%
Utilities34.44 Cr3.00%

Risk & Performance Ratios

Standard Deviation

This fund

7.82%

Cat. avg.

7.46%

Lower the better

Sharpe Ratio

This fund

0.82

Cat. avg.

0.95

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.90

Higher the better

Fund Managers

VP

Vinay Paharia

Since April 2023

PP

Puneet Pal

Since December 2021

AP

Anandha Padmanabhan Anjeneyan

Since April 2023

CC

Chetan Chavan

Since March 2024

UM

Utsav Mehta

Since April 2024

CG

Chetan Gindodia

Since March 2024

Additional Scheme Detailsas of 30th April 2024

ISININF663L01V49Expense Ratio0.44%Exit LoadNo ChargesFund Size₹1,146 CrAge04 Feb 2021Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Hybrid 50+50 - Moderate TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1247.43 Cr27.0%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1247.43 Cr28.5%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹1046.84 Cr61.0%
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.2%1.0%₹1046.84 Cr58.5%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹2228.68 Cr20.5%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹2228.68 Cr18.9%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹731.33 Cr28.9%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹731.33 Cr31.1%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1570.06 Cr22.3%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1570.06 Cr20.6%

About the AMC

Total AUM

₹27,272 Cr

Address

Nirlon House, 2nd Floor, Mumbai, 400 030

Other Funds by PGIM India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
PGIM India Fixed Duration Fund - Series BH Direct Growth

Moderate Risk

-0.0%--
PGIM India Fixed Duration Fund - Series BJ Direct Growth

Moderate Risk

-0.0%--
PGIM India Fixed Duration Fund - Series BI Direct Growth

Moderate Risk

-0.0%--
PGIM India Fixed Duration Fund - Series BF Direct Growth

Moderate Risk

-0.0%--
PGIM India Fixed Duration Fund - Series BG Direct Growth

Moderate Risk

-0.0%--
PGIM India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹161.25 Cr6.8%
PGIM India Dynamic Bond Direct Growth

Low to Moderate Risk

0.3%0.0%₹112.86 Cr7.5%
PGIM India Global Select Real Estate Securities Fund of Fund Direct Growth

Very High Risk

1.3%0.0%₹63.10 Cr11.7%
PGIM India Balanced Advantage Fund Direct Growth

Very High Risk

0.4%0.0%₹1145.95 Cr17.1%
PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund Direct Growth

Moderate Risk

0.4%0.0%₹30.64 Cr6.3%
PGIM India Flexi Cap Fund Direct Growth

Very High Risk

0.4%0.0%₹6094.89 Cr25.0%
PGIM India Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹120.07 Cr7.4%
PGIM India Global Equity Opportunities Fund Direct Growth

Very High Risk

1.4%0.0%₹1349.85 Cr36.7%
PGIM India Emerging Markets Equity Fund Direct Growth

Very High Risk

1.3%0.0%₹105.60 Cr34.3%
PGIM India Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹438.13 Cr7.4%
PGIM India Low Duration Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹93.31 Cr7.2%
PGIM India Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹99.51 Cr6.8%
PGIM India Hybrid Equity Fund Direct Growth

Very High Risk

0.7%0.0%₹210.39 Cr20.1%
PGIM India Large Cap Fund Direct Growth

Very High Risk

0.9%0.0%₹572.73 Cr24.4%
PGIM India Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹27.94 Cr6.7%
PGIM India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹240.88 Cr7.4%
PGIM India Equity Savings Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹91.25 Cr9.7%
PGIM India Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹117.94 Cr7.8%
PGIM India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹231.68 Cr7.4%
PGIM India ELSS Tax Saver Fund Direct Growth

Very High Risk

0.8%0.0%₹682.76 Cr23.6%
PGIM India Midcap Opportunities Fund Direct Growth

Very High Risk

0.5%0.0%₹10154.97 Cr31.6%
PGIM India Credit Risk Fund Segregated Plan 1 Direct Growth

Low to Moderate Risk

-0.0%--
PGIM India Banking and PSU Debt fund Direct Growth

Moderate Risk

0.2%0.0%₹45.38 Cr6.8%
PGIM India Small Cap Fund Direct Growth

Very High Risk

0.5%0.0%₹1458.20 Cr36.4%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of PGIM India Balanced Advantage Fund Direct Growth, as of 17-May-2024, is ₹14.62.
The fund has generated 17.05% over the last 1 year and 11.81% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 68.75% in equities, 20.53% in bonds, and 10.73% in cash and cash equivalents.
The fund managers responsible for PGIM India Balanced Advantage Fund Direct Growth are:-
  1. Vinay Paharia
  2. Puneet Pal
  3. Anandha Padmanabhan Anjeneyan
  4. Chetan Chavan
  5. Utsav Mehta
  6. Chetan Gindodia