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PGIM India Balanced Advantage Fund Direct IDCW

Hybrid
Dynamic Asset Allocation
Very High Risk
Payout
-3.21%
1M return
-0.09% 1D
1M
6M
1Y
All
NAV: 30 Jun 2022₹10.23
Min. SIP amountNA
RatingNA
Fund size₹1,453.55Cr

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Absolute returns
3M6M1YAll
Fund returns-7.4%-6.4%0.1%8.4%
Category averageNANA24.8%NA
Rank with in category282020NA
Understand terms

Holdings (62)

NameSectorInstrumentAssets
Infosys Ltd.TechnologyEquity5.3%
HDFC Bank Ltd.FinancialEquity4.4%
Bharti Airtel Ltd.CommunicationEquity3.5%
Reliance Industries Ltd.EnergyEquity2.9%
UPL Ltd.ChemicalsEquity2.8%
Bharat Electronics Ltd.Capital GoodsEquity2.6%
Axis Bank Ltd.FinancialEquity2.6%
United Spirits Ltd.Consumer StaplesEquity2.4%
Mphasis Ltd.TechnologyEquity2.4%
Bajaj Finance Ltd.FinancialEquity2.3%
See All

Expense ratio, exit load and tax

Expense ratio: 0.31%

Inclusive of GST

Exit load

0.5% for redemption within 90 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Puneet Pal
Dec 2021 - Present
View details

Education
Mr. Pal is a B.Com (H) and MBA from SIBM Pune.
Experience
Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
Also manages these schemes

Aniruddha Naha
Jan 2021 - Present
View details

Education
Mr. Naha has done Masters in Finance & Control.
Experience
Aniruddha Naha is Senior Fund Manager – Equity at PGIM India Asset Management Pvt. Ltd. He is the fund manager for PGIM India Diversified Equity Fund and PGIM India Midcap Opportunities Fund Aniruddha has done his Masters in Finance & Control and has over 18 years of industry experience in the equity and debt market. In his last assignment, Aniruddha was Portfolio Manager - Avendus Wealth Management Pvt. Ltd. where he was their Head of PMS, Equity and managed 2 mandates: Avendus India Alpha Fund and the Midcap Fund. Prior to that Aniruddha was was Fund Manager - IDFC Asset Management Company Ltd. and managed an AUM of Rs.1600Crs across 3 funds in the diversified and midcap space. Aniruddha has also had stints as Portfolio Manager - Mirae Asset Global Investments (Hong Kong) Ltd. and as Fund Manager - DSP BlackRock Investment Managers Pvt. Ltd.
Also manages these schemes

Rahul Jagwani
May 2022 - Present
View details

Education
Mr. Jagwani has done B.SC in Economics and Finance, Bachelors in Management Studies (BMS) and CFA.
Experience
Prior to joining PGIM India Mutual Fund, he has worked with Insync Capital Partners, Batlivala and Karani Securities Pvt Ltd and Deloitte Haskins & Sells LLP.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, C Wing,Laxmi Towers,Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022-61593000 / 1800-266-2667
Launch Date
13 May 2010
Website
NA
Amc Image
PGIM India Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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FAQs

How to Invest in PGIM India Balanced Advantage Fund Direct IDCW?

You can easily invest in PGIM India Balanced Advantage Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for PGIM India Balanced Advantage Fund Direct IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in PGIM India Balanced Advantage Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does PGIM India Balanced Advantage Fund Direct IDCW provide?

The PGIM India Balanced Advantage Fund Direct IDCW has been there from 04 Feb 2021 and the average annual returns provided by this fund is 0.09% since its inception.

How much expense ratio is charged by PGIM India Balanced Advantage Fund Direct IDCW?

The term Expense Ratio used for PGIM India Balanced Advantage Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of PGIM India Balanced Advantage Fund Direct IDCW is 0.31% as of 01 Jul 2022...

What is the AUM of PGIM India Balanced Advantage Fund Direct IDCW?

The AUM, short for Assets Under Management of PGIM India Balanced Advantage Fund Direct IDCW is ₹1,453.55Cr as of 01 Jul 2022.

How to Redeem PGIM India Balanced Advantage Fund Direct IDCW?

If you want to sell your PGIM India Balanced Advantage Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of PGIM India Balanced Advantage Fund Direct IDCW?

You can select either SIP or Lumpsum investment of PGIM India Balanced Advantage Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of PGIM India Balanced Advantage Fund Direct IDCW?

The NAV of PGIM India Balanced Advantage Fund Direct IDCW is ₹10.23 as of 30 Jun 2022.

What is the PE and PB ratio of PGIM India Balanced Advantage Fund Direct IDCW?

The PE ratio ratio of PGIM India Balanced Advantage Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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