PGIM India Balanced Advantage Fund Regular Growth
HybridDynamic Asset AllocationVery High Risk
Regular
NAV (25-Jul-24)
₹14.680.00%1D
Returns (Since Inception)
11.70%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,136 Cr
Expense Ratio
2.14%
ISIN
INF663L01V72
Minimum SIP
₹1,000
Exit Load
No Charges
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, 5 months and 22 days, having been launched on 04-Feb-21.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹14.68, Assets Under Management (AUM) of 1135.92 Crores, and an expense ratio of 2.14%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹14.68, Assets Under Management (AUM) of 1135.92 Crores, and an expense ratio of 2.14%.
- PGIM India Balanced Advantage Fund Regular Growth has given a CAGR return of 11.70% since inception.
- The fund's asset allocation comprises around 69.28% in equities, 20.92% in debts, and 9.80% 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
+15.86%
+23.53% (Cat Avg.)
3 Years
+10.37%
+12.79% (Cat Avg.)
Since Inception
+11.70%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹786.98 Cr | 69.28% |
| Debt | ₹237.64 Cr | 20.92% |
| Others | ₹111.3 Cr | 9.80% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Reliance Industries Ltd | Equity | ₹65.86 Cr | 5.80% |
| HDFC Bank Ltd | Equity | ₹63.31 Cr | 5.57% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹60.41 Cr | 5.32% |
| ICICI Bank Ltd | Equity | ₹59.72 Cr | 5.26% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹46.79 Cr | 4.12% |
| Tata Consultancy Services Ltd | Equity | ₹34.75 Cr | 3.06% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹33.27 Cr | 2.93% |
| Axis Bank Ltd | Equity | ₹23.78 Cr | 2.09% |
| Infosys Ltd | Equity | ₹23.23 Cr | 2.05% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹21.63 Cr | 1.90% |
| Larsen & Toubro Ltd | Equity | ₹21.59 Cr | 1.90% |
| Indraprastha Gas Ltd | Equity | ₹21.23 Cr | 1.87% |
| Avenue Supermarts Ltd | Equity | ₹20.23 Cr | 1.78% |
| Bharti Airtel Ltd | Equity | ₹18.79 Cr | 1.65% |
| JK Cement Ltd | Equity | ₹18.54 Cr | 1.63% |
| 6.54% Govt Stock 2032 | Bond - Gov't/Treasury | ₹18.41 Cr | 1.62% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹17.34 Cr | 1.53% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹16.36 Cr | 1.44% |
| Varun Beverages Ltd | Equity | ₹15.55 Cr | 1.37% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹15.46 Cr | 1.36% |
| InterGlobe Aviation Ltd | Equity | ₹15.14 Cr | 1.33% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹14.99 Cr | 1.32% |
| SRF Ltd | Equity | ₹14.79 Cr | 1.30% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹14.75 Cr | 1.30% |
| Kotak Mahindra Bank Ltd | Equity | ₹13.85 Cr | 1.22% |
| Bharat Forge Ltd | Equity | ₹13.61 Cr | 1.20% |
| United Spirits Ltd | Equity | ₹12.75 Cr | 1.12% |
| Maruti Suzuki India Ltd | Equity | ₹12.64 Cr | 1.11% |
| NTPC Ltd | Equity | ₹12.59 Cr | 1.11% |
| Havells India Ltd | Equity | ₹12.44 Cr | 1.10% |
| Zomato Ltd | Equity | ₹12.26 Cr | 1.08% |
| Titan Co Ltd | Equity | ₹12.03 Cr | 1.06% |
| CG Power & Industrial Solutions Ltd | Equity | ₹11.97 Cr | 1.05% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹11.91 Cr | 1.05% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹11.81 Cr | 1.04% |
| Mphasis Ltd | Equity | ₹11.52 Cr | 1.01% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹11.35 Cr | 1.00% |
| Bharat Electronics Ltd | Equity | ₹10.94 Cr | 0.96% |
| Aarti Industries Ltd | Equity | ₹10.93 Cr | 0.96% |
| Info Edge (India) Ltd | Equity | ₹10.8 Cr | 0.95% |
| SBI Life Insurance Company Limited | Equity | ₹10.01 Cr | 0.88% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹9.99 Cr | 0.88% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹9.88 Cr | 0.87% |
| UNO Minda Ltd | Equity | ₹9.56 Cr | 0.84% |
| Dixon Technologies (India) Ltd | Equity | ₹9.48 Cr | 0.83% |
| Astral Ltd | Equity | ₹9.48 Cr | 0.83% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹9.47 Cr | 0.83% |
| Shriram Finance Ltd | Equity | ₹9.22 Cr | 0.81% |
| Multi Commodity Exchange of India Ltd | Equity | ₹8.73 Cr | 0.77% |
| Timken India Ltd | Equity | ₹8.71 Cr | 0.77% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹8.71 Cr | 0.77% |
| Bajaj Finance Ltd | Equity | ₹7.67 Cr | 0.68% |
| Mankind Pharma Ltd | Equity | ₹7.4 Cr | 0.65% |
| Central Depository Services (India) Ltd | Equity | ₹6.81 Cr | 0.60% |
| Syngene International Ltd | Equity | ₹6.6 Cr | 0.58% |
| Motherson Sumi Wiring India Ltd | Equity | ₹6.33 Cr | 0.56% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹6.03 Cr | 0.53% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹6.02 Cr | 0.53% |
| Mahindra & Mahindra Financial Services Ltd | Bond - Corporate Bond | ₹6.01 Cr | 0.53% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹5.96 Cr | 0.52% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹5.95 Cr | 0.52% |
| Net Receivables / (Payables) | Cash | ₹5.43 Cr | 0.48% |
| 7.26% Govt Stock 2032 | Bond - Gov't/Treasury | ₹5.31 Cr | 0.47% |
| 7.17% Govt Stock 2028 | Bond - Gov't/Treasury | ₹5.13 Cr | 0.45% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5.02 Cr | 0.44% |
| Jamnagar Utilities And Power Private Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.44% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹4.97 Cr | 0.44% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹4.92 Cr | 0.43% |
| Canara Bank | Bond - Gov't Agency Debt | ₹4.74 Cr | 0.42% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹4.74 Cr | 0.42% |
| Icici Securities Limited | Cash - Commercial Paper | ₹4.74 Cr | 0.42% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹4.74 Cr | 0.42% |
| Page Industries Ltd | Equity | ₹4.47 Cr | 0.39% |
| Navin Fluorine International Ltd | Equity | ₹4.13 Cr | 0.36% |
| CE Info Systems Ltd | Equity | ₹4.06 Cr | 0.36% |
| APL Apollo Tubes Ltd | Equity | ₹4.03 Cr | 0.36% |
| Abbott India Ltd | Equity | ₹3.97 Cr | 0.35% |
| Hero MotoCorp Ltd | Equity | ₹3.81 Cr | 0.34% |
| Devyani International Ltd | Equity | ₹3.8 Cr | 0.33% |
| Brigade Enterprises Ltd | Equity | ₹3.65 Cr | 0.32% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹3.49 Cr | 0.31% |
| Safari Industries (India) Ltd | Equity | ₹3.43 Cr | 0.30% |
| Jamnagar Utilities & Power Private Limited | Bond - Corporate Bond | ₹2.81 Cr | 0.25% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹2.17 Cr | 0.19% |
Allocation By Market Cap (Equity)
Large Cap Stocks
48.29%
Mid Cap Stocks
15.79%
Small Cap Stocks
5.20%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹241.08 Cr | 21.22% |
| Industrials | ₹96.28 Cr | 8.48% |
| Technology | ₹83.04 Cr | 7.31% |
| Consumer Cyclical | ₹81.95 Cr | 7.21% |
| Energy | ₹65.86 Cr | 5.80% |
| Consumer Defensive | ₹54.49 Cr | 4.80% |
| Basic Materials | ₹52.42 Cr | 4.62% |
| Healthcare | ₹44.79 Cr | 3.94% |
| Utilities | ₹33.82 Cr | 2.98% |
| Communication Services | ₹29.58 Cr | 2.60% |
| Real Estate | ₹3.65 Cr | 0.32% |
Risk & Performance Ratios
Standard Deviation
This fund
8.34%
Cat. avg.
7.32%
Lower the better
Sharpe Ratio
This fund
0.58
Cat. avg.
0.83
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.62
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 June 2024
ISIN | INF663L01V72 | Expense Ratio | 2.14% | Exit Load | No Charges | Fund Size | ₹1,136 Cr | Age | 04 Feb 2021 | 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
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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1226.73 Cr | 25.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1226.73 Cr | 27.4% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1196.62 Cr | 57.3% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1196.62 Cr | 54.9% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 1.0% | ₹2264.44 Cr | 20.0% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 1.9% | 1.0% | ₹2264.44 Cr | 18.5% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹738.59 Cr | 26.1% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹738.59 Cr | 28.3% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1655.04 Cr | 21.5% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1655.04 Cr | 19.8% |
About the AMC
Total AUM
₹23,364 Cr
Address
Nirlon House, 2nd Floor, Mumbai, 400 030
Other Funds by PGIM India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of PGIM India Balanced Advantage Fund Regular Growth?
The NAV of PGIM India Balanced Advantage Fund Regular Growth, as of 25-Jul-2024, is ₹14.68.
What are the returns of PGIM India Balanced Advantage Fund Regular Growth?
The fund has generated 15.86% over the last 1 year and 10.37% 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 Regular Growth?
The fund's allocation of assets is distributed as 69.28% in equities, 20.92% in bonds, and 9.80% in cash and cash equivalents.
Who manages the PGIM India Balanced Advantage Fund Regular Growth?
The fund managers responsible for PGIM India Balanced Advantage Fund Regular Growth are:-
- Vinay Paharia
- Puneet Pal
- Anandha Padmanabhan Anjeneyan
- Chetan Chavan
- Utsav Mehta
- Chetan Gindodia
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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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.