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PGIM India Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationVery High Risk
Direct
NAV (19-Nov-24)
₹15.570.26%1D
Returns (Since Inception)
12.39%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,057 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 3 years, 9 months and 17 days, having been launched on 04-Feb-21.
As of 19-Nov-24, it has a Net Asset Value (NAV) of ₹15.57, Assets Under Management (AUM) of 1057.34 Crores, and an expense ratio of 0.47%.
As of 19-Nov-24, it has a Net Asset Value (NAV) of ₹15.57, Assets Under Management (AUM) of 1057.34 Crores, and an expense ratio of 0.47%.
- PGIM India Balanced Advantage Fund Direct Growth has given a CAGR return of 12.39% since inception.
- The fund's asset allocation comprises around 50.19% in equities, 26.41% in debts, and 23.40% 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
+17.69%
+18.62% (Cat Avg.)
3 Years
+10.37%
+11.19% (Cat Avg.)
Since Inception
+12.39%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹530.64 Cr | 50.19% |
| Debt | ₹279.29 Cr | 26.41% |
| Others | ₹247.41 Cr | 23.40% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹183.35 Cr | 17.34% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹61.2 Cr | 5.79% |
| ICICI Bank Ltd | Equity | ₹58.22 Cr | 5.51% |
| HDFC Bank Ltd | Equity | ₹57.31 Cr | 5.42% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹52.99 Cr | 5.01% |
| Reliance Industries Ltd | Equity | ₹52.29 Cr | 4.95% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹47.83 Cr | 4.52% |
| Bharti Airtel Ltd | Equity | ₹37.44 Cr | 3.54% |
| Infosys Ltd | Equity | ₹37.18 Cr | 3.52% |
| Tata Consultancy Services Ltd | Equity | ₹34.67 Cr | 3.28% |
| Larsen & Toubro Ltd | Equity | ₹33.04 Cr | 3.12% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹28.08 Cr | 2.66% |
| NTPC Ltd | Equity | ₹25.95 Cr | 2.45% |
| Future on State Bank of India | Equity - Future | ₹-22.62 Cr | 2.14% |
| State Bank of India | Equity | ₹22.45 Cr | 2.12% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹19.89 Cr | 1.88% |
| Kotak Mahindra Bank Ltd | Equity | ₹19.79 Cr | 1.87% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-19.57 Cr | 1.85% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-18.12 Cr | 1.71% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-17.78 Cr | 1.68% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-16.4 Cr | 1.55% |
| ITC Ltd | Equity | ₹16.08 Cr | 1.52% |
| Varun Beverages Ltd | Equity | ₹15.63 Cr | 1.48% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-15.28 Cr | 1.45% |
| Future on NTPC Ltd | Equity - Future | ₹-15.08 Cr | 1.43% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹14.89 Cr | 1.41% |
| Future on Infosys Ltd | Equity - Future | ₹-14.87 Cr | 1.41% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-14.73 Cr | 1.39% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-12.21 Cr | 1.15% |
| Zomato Ltd | Equity | ₹12.03 Cr | 1.14% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹11.76 Cr | 1.11% |
| Axis Bank Ltd | Equity | ₹10.91 Cr | 1.03% |
| JK Cement Ltd | Equity | ₹10.42 Cr | 0.99% |
| Mphasis Ltd | Equity | ₹10.33 Cr | 0.98% |
| United Spirits Ltd | Equity | ₹10.29 Cr | 0.97% |
| Future on ITC Ltd | Equity - Future | ₹-10.21 Cr | 0.97% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹10.17 Cr | 0.96% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹10.05 Cr | 0.95% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹10 Cr | 0.95% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹9.94 Cr | 0.94% |
| SRF Ltd | Equity | ₹9.91 Cr | 0.94% |
| Britannia Industries Ltd | Equity | ₹9.77 Cr | 0.92% |
| SBI Life Insurance Co Ltd | Equity | ₹9.43 Cr | 0.89% |
| Havells India Ltd | Equity | ₹9.21 Cr | 0.87% |
| Titan Co Ltd | Equity | ₹9.1 Cr | 0.86% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹8.96 Cr | 0.85% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹8.81 Cr | 0.83% |
| Shriram Finance Ltd | Equity | ₹8.6 Cr | 0.81% |
| PI Industries Ltd | Equity | ₹7.73 Cr | 0.73% |
| Cummins India Ltd | Equity | ₹7.68 Cr | 0.73% |
| Info Edge (India) Ltd | Equity | ₹7.4 Cr | 0.70% |
| Mahindra & Mahindra Ltd | Equity | ₹7.37 Cr | 0.70% |
| Bajaj Finance Ltd | Equity | ₹7.25 Cr | 0.69% |
| Multi Commodity Exchange of India Ltd | Equity | ₹7.01 Cr | 0.66% |
| Abbott India Ltd | Equity | ₹6.56 Cr | 0.62% |
| Brigade Enterprises Ltd | Equity | ₹6.37 Cr | 0.60% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹6.22 Cr | 0.59% |
| Astral Ltd | Equity | ₹6.18 Cr | 0.58% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹6.06 Cr | 0.57% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹5.99 Cr | 0.57% |
| APL Apollo Tubes Ltd | Equity | ₹5.96 Cr | 0.56% |
| CG Power & Industrial Solutions Ltd | Equity | ₹5.73 Cr | 0.54% |
| Trent Ltd | Equity | ₹5.68 Cr | 0.54% |
| 7.26% Govt Stock 2032 | Bond - Gov't/Treasury | ₹5.38 Cr | 0.51% |
| Pidilite Industries Ltd | Equity | ₹5.33 Cr | 0.50% |
| Bharat Forge Ltd | Equity | ₹5.2 Cr | 0.49% |
| 7.17% Govt Stock 2028 | Bond - Gov't/Treasury | ₹5.17 Cr | 0.49% |
| Jamnagar Utilities And Power Private Limited | Bond - Corporate Bond | ₹5.05 Cr | 0.48% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.47% |
| Sikka Ports And Terminals Ltd. | Cash | ₹4.99 Cr | 0.47% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹4.99 Cr | 0.47% |
| Indraprastha Gas Ltd | Equity | ₹4.95 Cr | 0.47% |
| Hdfc Bank Ltd. ** # | Cash | ₹4.89 Cr | 0.46% |
| Canara Bank ** # | Cash | ₹4.88 Cr | 0.46% |
| Aditya Birla Finance Ltd. ** | Cash | ₹4.86 Cr | 0.46% |
| Lic Housing Finance Ltd. ** | Cash | ₹4.86 Cr | 0.46% |
| Maruti Suzuki India Ltd | Equity | ₹4.81 Cr | 0.46% |
| TVS Motor Co Ltd | Equity | ₹4.8 Cr | 0.45% |
| InterGlobe Aviation Ltd | Equity | ₹4.72 Cr | 0.45% |
| Hdfc Bank Ltd. # | Cash | ₹4.69 Cr | 0.44% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹4.47 Cr | 0.42% |
| UNO Minda Ltd | Equity | ₹4.11 Cr | 0.39% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹3.51 Cr | 0.33% |
| Page Industries Ltd | Equity | ₹3.46 Cr | 0.33% |
| Syngene International Ltd | Equity | ₹3.33 Cr | 0.31% |
| Akums Drugs and Pharmaceuticals Ltd | Equity | ₹3.31 Cr | 0.31% |
| CCL Products (India) Ltd | Equity | ₹3.31 Cr | 0.31% |
| Devyani International Ltd | Equity | ₹3.18 Cr | 0.30% |
| CE Info Systems Ltd | Equity | ₹3.18 Cr | 0.30% |
| Central Depository Services (India) Ltd | Equity | ₹3.06 Cr | 0.29% |
| Safari Industries (India) Ltd | Equity | ₹2.99 Cr | 0.28% |
| Timken India Ltd | Equity | ₹2.96 Cr | 0.28% |
| Jamnagar Utilities & Power Private Limited | Bond - Corporate Bond | ₹2.83 Cr | 0.27% |
| 6.54% Govt Stock 2032 | Bond - Gov't/Treasury | ₹2.45 Cr | 0.23% |
| Navin Fluorine International Ltd | Equity | ₹2.24 Cr | 0.21% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹2.03 Cr | 0.19% |
| Aditya Birla Finance Limited | Bond - Corporate Bond | ₹2.02 Cr | 0.19% |
| Dixon Technologies (India) Ltd | Equity | ₹0 Cr | 0.00% |
| Persistent Systems Ltd | Equity | ₹0 Cr | 0.00% |
| Aarti Industries Ltd | Equity | ₹0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
35.26%
Mid Cap Stocks
11.32%
Small Cap Stocks
4.25%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹225.96 Cr | 21.37% |
| Technology | ₹85.36 Cr | 8.07% |
| Industrials | ₹69.52 Cr | 6.57% |
| Consumer Cyclical | ₹62.74 Cr | 5.93% |
| Consumer Defensive | ₹59.55 Cr | 5.63% |
| Energy | ₹52.29 Cr | 4.95% |
| Communication Services | ₹44.85 Cr | 4.24% |
| Basic Materials | ₹41.6 Cr | 3.93% |
| Utilities | ₹30.89 Cr | 2.92% |
| Healthcare | ₹28.38 Cr | 2.68% |
| Real Estate | ₹6.37 Cr | 0.60% |
Risk & Performance Ratios
Standard Deviation
This fund
8.76%
Cat. avg.
7.86%
Lower the better
Sharpe Ratio
This fund
0.59
Cat. avg.
0.75
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.37
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
CG
Chetan Gindodia
Since March 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF663L01V49 | Expense Ratio 0.47% | Exit Load No Charges | Fund Size ₹1,057 Cr | Age 3 years 9 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:
Dividend Taxation:
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  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1238.19 Cr | 12.4% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1238.19 Cr | 13.9% |
| Quant Dynamic Asset Allocation Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1349.99 Cr | 33.2% |
| Quant Dynamic Asset Allocation Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1349.99 Cr | 31.2% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2268.45 Cr | 18.0% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2268.45 Cr | 16.4% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹890.15 Cr | 20.4% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹890.15 Cr | 22.5% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1742.15 Cr | 17.7% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1742.15 Cr | 16.0% |
About the AMC
PGIM India Mutual Fund
Total AUM
₹28,697 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 Direct Growth?
The NAV of PGIM India Balanced Advantage Fund Direct Growth, as of 19-Nov-2024, is ₹15.57.
What are the returns of PGIM India Balanced Advantage Fund Direct Growth?
The fund has generated 17.69% 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 Direct Growth?
The fund's allocation of assets is distributed as 50.19% in equities, 26.41% in bonds, and 23.40% 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
- 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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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, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, 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.