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Fund Overview

Fund Size

Fund Size

₹1,155 Cr

Expense Ratio

Expense Ratio

2.13%

ISIN

ISIN

INF663L01V72

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 Regular Growth is a Dynamic Asset Allocation mutual fund schemes offered by PGIM India Mutual Fund. This fund has been in existence for 3 years, 2 months and 13 days, having been launched on 04-Feb-21.
As of 16-Apr-24, it has a Net Asset Value (NAV) of ₹13.58, Assets Under Management (AUM) of 1155.16 Crores, and an expense ratio of 2.13%.
  • PGIM India Balanced Advantage Fund Regular Growth has given a CAGR return of 10.05% since inception.
  • The fund's asset allocation comprises around 68.41% in equities, 22.61% in debts, and 8.98% in cash & cash equivalents.
  • You can start investing in PGIM India Balanced Advantage Fund Regular 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

+16.07%

+24.03%(Cat. Avg.)

3 Years

+9.97%

+12.59%(Cat. Avg.)

Since Inception

+10.05%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity790.28 Cr68.41%
Debt261.17 Cr22.61%
Others103.71 Cr8.98%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Clearing Corporation Of India Ltd.Cash - Repurchase Agreement73.4 Cr6.35%
ICICI Bank LtdEquity67.57 Cr5.85%
HDFC Bank LtdEquity66.43 Cr5.75%
7.18% Govt Stock 2037Bond - Gov't/Treasury60.18 Cr5.21%
Reliance Industries LtdEquity49.06 Cr4.25%
7.18% Govt Stock 2033Bond - Gov't/Treasury46.8 Cr4.05%
Net Receivables / (Payables)Cash-37.81 Cr3.27%
Axis Bank LtdEquity29.47 Cr2.55%
Larsen & Toubro LtdEquity28.66 Cr2.48%
Bharti Airtel LtdEquity28.41 Cr2.46%
Canara BankBond - Gov't Agency Debt27.96 Cr2.42%
Kotak Mahindra Bank LtdEquity26.78 Cr2.32%
Avenue Supermarts LtdEquity24.86 Cr2.15%
Hsbc Investdirect Financial Services (India) LimitedCash - Commercial Paper24.59 Cr2.13%
Axis Bank Ltd.Bond - Corporate Bond24.57 Cr2.13%
LTIMindtree LtdEquity24.53 Cr2.12%
JK Cement LtdEquity22.84 Cr1.98%
InterGlobe Aviation LtdEquity21.58 Cr1.87%
Max Healthcare Institute Ltd Ordinary SharesEquity20.76 Cr1.80%
Indraprastha Gas LtdEquity20.52 Cr1.78%
J.B. Chemicals & Pharmaceuticals LtdEquity20.32 Cr1.76%
Mankind Pharma LtdEquity19.31 Cr1.67%
Bharat Electronics LtdEquity19.15 Cr1.66%
6.54% Govt Stock 2032Bond - Gov't/Treasury18.38 Cr1.59%
SBI Life Insurance Company LimitedEquity18.32 Cr1.59%
Cholamandalam Investment and Finance Co LtdEquity17.58 Cr1.52%
Coforge LtdEquity17.38 Cr1.50%
7.25% Govt Stock 2063Bond - Gov't/Treasury17.24 Cr1.49%
Bajaj Finance LtdEquity15.22 Cr1.32%
Maruti Suzuki India LtdEquity14.45 Cr1.25%
Titan Co LtdEquity13.43 Cr1.16%
Varun Beverages LtdEquity13.35 Cr1.16%
Page Industries LtdEquity11.83 Cr1.02%
United Spirits LtdEquity11.33 Cr0.98%
Timken India LtdEquity10.76 Cr0.93%
Poonawalla Fincorp LtdEquity10.36 Cr0.90%
CG Power & Industrial Solutions LtdEquity10.3 Cr0.89%
Sona BLW Precision Forgings LtdEquity10.29 Cr0.89%
Zomato LtdEquity10.24 Cr0.89%
Sikka Ports & Terminals LimitedBond - Corporate Bond10.02 Cr0.87%
LIC Housing Finance LtdBond - Corporate Bond9.83 Cr0.85%
7.38% Govt Stock 2027Bond - Gov't/Treasury9.46 Cr0.82%
Tube Investments of India Ltd Ordinary SharesEquity9.45 Cr0.82%
SRF LtdEquity9.32 Cr0.81%
Aarti Industries LtdEquity9.04 Cr0.78%
7.26% Govt Stock 2033Bond - Gov't/Treasury8.7 Cr0.75%
7.17% Govt Stock 2028Bond - Gov't/Treasury7.88 Cr0.68%
Vedant Fashions LtdEquity7.8 Cr0.68%
Multi Commodity Exchange of India LtdEquity7.45 Cr0.64%
UNO Minda LtdEquity7.35 Cr0.64%
Dixon Technologies (India) LtdEquity6.89 Cr0.60%
Syngene International LtdEquity6.53 Cr0.57%
Havells India LtdEquity6.52 Cr0.56%
Infosys LtdEquity6.42 Cr0.56%
SKF India LtdEquity6.08 Cr0.53%
Larsen And Toubro LimitedBond - Corporate Bond6.03 Cr0.52%
Mahindra & Mahindra Financial Services LtdBond - Corporate Bond6.01 Cr0.52%
Power Grid Corporation Of India LimitedBond - Corporate Bond5.95 Cr0.52%
Motherson Sumi Wiring India LtdEquity5.56 Cr0.48%
7.26% Govt Stock 2032Bond - Gov't/Treasury5.31 Cr0.46%
Jamnagar Utilities And Power Private LimitedBond - Corporate Bond5.02 Cr0.43%
Export Import Bank Of IndiaBond - Corporate Bond5.01 Cr0.43%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond4.97 Cr0.43%
Abbott India LtdEquity4.91 Cr0.42%
Central Depository Services (India) LtdEquity4.88 Cr0.42%
Navin Fluorine International LtdEquity4.85 Cr0.42%
LIC Housing Finance Ltd.Cash - Commercial Paper4.65 Cr0.40%
Icici Securities LimitedCash - Commercial Paper4.65 Cr0.40%
Aditya Birla Finance LimitedCash - Commercial Paper4.65 Cr0.40%
ICICI Lombard General Insurance Co LtdEquity3.82 Cr0.33%
Metro Brands LtdEquity3.77 Cr0.33%
Devyani International LtdEquity3.48 Cr0.30%
Kotak Mahindra Investments LimitedBond - Corporate Bond3.47 Cr0.30%
Indian Railway Finance Corporation LimitedBond - Corporate Bond3.01 Cr0.26%
Jamnagar Utilities & Power Private LimitedBond - Corporate Bond2.81 Cr0.24%
7.06% Govt Stock 2028Bond - Gov't/Treasury2.17 Cr0.19%
CRISIL LtdEquity1.07 Cr0.09%

Allocation By Market Cap (Equity)

Large Cap Stocks

48.07%

Mid Cap Stocks

17.52%

Small Cap Stocks

2.83%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services268.96 Cr23.28%
Industrials112.5 Cr9.74%
Consumer Cyclical88.2 Cr7.63%
Healthcare71.84 Cr6.22%
Technology55.22 Cr4.78%
Consumer Defensive49.54 Cr4.29%
Energy49.06 Cr4.25%
Basic Materials46.05 Cr3.99%
Communication Services28.41 Cr2.46%
Utilities20.52 Cr1.78%

Risk & Performance Ratios

Standard Deviation

This fund

7.79%

Cat. avg.

7.46%

Lower the better

Sharpe Ratio

This fund

0.57

Cat. avg.

0.90

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.79

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

CG

Chetan Gindodia

Since March 2024

Additional Scheme Detailsas of 31st March 2024

ISININF663L01V72Expense Ratio2.13%Exit LoadNo ChargesFund Size₹1,155 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.

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Fund nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1235.60 Cr32.4%
Motilal Oswal Balance Advantage Fund Direct Growth

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1.0%1.0%₹1235.60 Cr34.1%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹890.96 Cr60.6%
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.2%1.0%₹890.96 Cr58.0%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹2224.10 Cr21.1%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹2224.10 Cr19.5%
Mahindra Manulife Balanced Advantage Fund Regular Growth

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2.3%1.0%₹702.76 Cr29.4%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹702.76 Cr31.7%
Mirae Asset Balanced Advantage Fund Direct Growth

Very High Risk

0.7%1.0%₹1534.21 Cr23.0%
Mirae Asset Balanced Advantage Fund Regular Growth

Very High Risk

2.1%1.0%₹1534.21 Cr21.3%

About the AMC

Total AUM

₹27,256 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%₹91.18 Cr6.8%
PGIM India Dynamic Bond Direct Growth

Low to Moderate Risk

0.3%0.0%₹117.09 Cr7.9%
PGIM India Global Select Real Estate Securities Fund of Fund Direct Growth

Very High Risk

1.3%0.0%₹69.04 Cr5.4%
PGIM India Balanced Advantage Fund Direct Growth

Very High Risk

0.4%0.0%₹1155.16 Cr18.1%
PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund Direct Growth

Moderate Risk

0.4%0.0%₹30.68 Cr6.6%
PGIM India Flexi Cap Fund Direct Growth

Very High Risk

0.4%0.0%₹9977.36 Cr28.4%
PGIM India Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹122.41 Cr7.8%
PGIM India Global Equity Opportunities Fund Direct Growth

Very High Risk

1.4%0.0%₹1444.20 Cr32.5%
PGIM India Emerging Markets Equity Fund Direct Growth

Very High Risk

1.3%0.0%₹107.44 Cr20.7%
PGIM India Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹303.84 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%₹100.55 Cr7.2%
PGIM India Hybrid Equity Fund Direct Growth

Very High Risk

0.7%0.0%₹208.42 Cr21.7%
PGIM India Large Cap Fund Direct Growth

Very High Risk

0.9%0.0%₹562.59 Cr25.2%
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%₹249.48 Cr7.5%
PGIM India Equity Savings Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹90.35 Cr9.8%
PGIM India Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹115.04 Cr7.8%
PGIM India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹217.94 Cr7.5%
PGIM India ELSS Tax Saver Fund Direct Growth

Very High Risk

0.8%0.0%₹657.75 Cr24.7%
PGIM India Midcap Opportunities Fund Direct Growth

Very High Risk

0.5%0.0%₹9923.95 Cr31.3%
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%₹1373.08 Cr36.3%

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 Regular Growth, as of 16-Apr-2024, is ₹13.58.
The fund has generated 16.07% over the last 1 year and 9.97% 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 68.41% in equities, 22.61% in bonds, and 8.98% in cash and cash equivalents.
The fund managers responsible for PGIM India Balanced Advantage Fund Regular Growth are:-
  1. Vinay Paharia
  2. Puneet Pal
  3. Anandha Padmanabhan Anjeneyan
  4. Chetan Chavan
  5. Chetan Gindodia