PGIM India Balanced Advantage Fund Direct IDCW - Latest NAV[11.67], MF Performance & Returns 2022

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PGIM India Balanced Advantage Fund Direct IDCW
Hybrid
Dynamic Asset Allocation
Moderate Risk
Payout
1.66%
1M return
-0.34% 1D
1M
6M
All
 NAV: 18 Jan 2022₹11.67
Min. SIP amountNA
RatingNA
Fund size₹1,360.30Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Dynamic Asset Allocation
Absolute returns
1M3M6MAll
Fund returns1.7%0.7%6.6%16.7%
Category averageNANANANA
Rank with in categoryNA414NA
Understand terms
Holdings (84)NameSectorInstrumentAssets
Adani Ports and Special Economic Zone Ltd.
ServicesEquity4.7%
State Bank of India
FinancialEquity2.9%
Housing Development Finance Corpn. Ltd.
FinancialEquity2.9%
United Spirits Ltd.
FMCGEquity2.7%
Infosys Ltd.
TechnologyEquity2.6%
Tata Consultancy Services Ltd.
TechnologyEquity2.3%
ICICI Bank Ltd.
FinancialEquity2.1%
Axis Bank Ltd.
FinancialEquity2.0%
REC Ltd.
FinancialDebenture1.9%
Power Finance Corporation Ltd.
FinancialDebenture1.9%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2021 - Present
0.25%
30 Nov 2021 - 31 Dec 2021
0.25%
31 Oct 2021 - 30 Nov 2021
0.25%
30 Sep 2021 - 31 Oct 2021
0.35%
31 Aug 2021 - 30 Sep 2021
0.34%
31 Jul 2021 - 31 Aug 2021
0.35%
30 Jun 2021 - 31 Jul 2021
0.39%
31 May 2021 - 30 Jun 2021
0.44%
30 Apr 2021 - 31 May 2021
0.46%
31 Mar 2021 - 30 Apr 2021
0.48%
28 Feb 2021 - 31 Mar 2021
0.52%
Expense ratio, exit load and taxExpense ratio: 0.25%Inclusive of GST
Exit loadFor units in excess of 10% of the investment, 0.50% will be charged for redemption within 90 days
Stamp duty0.005% (from July 1st, 2020)
Tax implicationNA
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementPuneet 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
PGIM India Dynamic Bond Fund IDCW Monthly
PGIM India Dynamic Bond Fund IDCW Quarterly
PGIM India Dynamic Bond Fund Growth
PGIM India Dynamic Bond Direct Plan Growth
PGIM India Dynamic Bond Direct Plan IDCW Monthly
PGIM India Dynamic Bond Direct Plan IDCW Quarterly
PGIM India Dynamic Bond Fund Bonus
PGIM India Flexi Cap Fund Regular Growth
PGIM India Flexi Cap Fund Direct IDCW
PGIM India Flexi Cap Fund Regular IDCW
PGIM India Flexi Cap Fund Direct Growth
PGIM India ELSS Tax Saver Fund Regular Growth
PGIM India ELSS Tax Saver Fund Regular IDCW
PGIM India ELSS Tax Saver Fund Direct IDCW
PGIM India ELSS Tax Saver Fund Direct Growth
PGIM India Short Maturity Fund IDCW Monthly
DHFL Pramerica Short Maturity Fund IDCW Weekly
PGIM India Short Maturity Fund Growth
PGIM India Short Maturity Fund Premium Plus IDCW Monthly
DHFL Pramerica Short Maturity Fund Premium Plus IDCW Quarterly
DHFL Pramerica Short Maturity Fund Bonus
PGIM India Short Maturity Fund IDCW Quarterly
PGIM India Short Maturity Fund IDCW Yearly
PGIM India Short Maturity Fund Direct IDCW Monthly
PGIM India Short Maturity Fund Direct Growth
PGIM India Short Maturity Fund Direct IDCW Quarterly
DHFL Pramerica Short Maturity Fund Direct IDCW Weekly
PGIM India Short Maturity Fund Direct IDCW Yearly
PGIM India Short Maturity Fund Half Yearly Bonus
PGIM India Short Maturity Fund Direct Annual Bonus
PGIM India Short Maturity Fund Annual Bonus
PGIM India Premier Bond IDCW Quarterly
PGIM India Premier Bond IDCW Monthly
PGIM India Premier Bond IDCW Yearly
PGIM India Premier Bond Growth
PGIM India Premier Bond Premium Plus Plan Growth
PGIM India Premier Bond Direct Plan IDCW Yearly
PGIM India Premier Bond Direct Plan Growth
PGIM India Premier Bond Direct Plan IDCW Monthly
PGIM India Premier Bond Direct Plan IDCW Quarterly
DHFL Pramerica Premier Bond Half Yearly Bonus
PGIM India Equity Savings Fund IDCW Monthly
PGIM India Equity Savings Fund IDCW Yearly
PGIM India Equity Savings Fund Growth
PGIM India Equity Savings Fund Direct IDCW Yearly
PGIM India Equity Savings Fund Direct Growth
PGIM India Equity Savings Fund Direct IDCW Monthly
PGIM India Gilt Fund IDCW Quarterly
PGIM India Gilt Fund Growth
PGIM India Gilt Direct Plan Growth
PGIM India Gilt Direct Plan IDCW Quarterly
PGIM India Gilt Fund Half Yearly Bonus
PGIM India Gilt Direct Plan Half Yearly Bonus
DHFL Pramerica Floating Rate Fund Growth
DHFL Pramerica Floating Rate Fund IDCW Daily
DHFL Pramerica Floating Rate Fund IDCW Weekly
DHFL Pramerica Floating Rate Fund IDCW Monthly
DHFL Pramerica Floating Rate Fund Bonus
DHFL Pramerica Floating Rate Fund IDCW Yearly
DHFL Pramerica Floating Rate Fund Direct Plan Growth
DHFL Pramerica Floating Rate Fund Direct Plan Daily IDCW
DHFL Pramerica Floating Rate Fund Direct Plan IDCW Quarterly
DHFL Pramerica Floating Rate Fund Direct Plan IDCW Weekly
DHFL Pramerica Floating Rate Fund Direct Plan IDCW Monthly
DHFL Pramerica Floating Rate Fund Direct Plan Quarterly Bonus
DHFL Pramerica Floating Rate Fund Annual Bonus
DHFL Pramerica Floating Rate Fund Direct Plan Annual Bonus
PGIM India Banking & PSU Debt Fund Direct IDCW Monthly
PGIM India Banking & PSU Debt Fund Direct Growth
PGIM India Banking & PSU Debt Fund IDCW Monthly
PGIM India Banking & PSU Debt Fund Growth
PGIM India Banking & PSU Debt Fund Direct IDCW Quarterly
PGIM India Banking & PSU Debt Fund Direct IDCW Yearly
DHFL Pramerica Banking & PSU Debt Fund Direct IDCW Weekly
DHFL Pramerica Banking & PSU Debt Fund IDCW Weekly
PGIM India Banking & PSU Debt Fund IDCW Quarterly
PGIM India Banking & PSU Debt Fund Direct Bonus
DHFL Pramerica Strategic Debt Fund Direct IDCW
DHFL Pramerica Strategic Debt Fund Direct IDCW Monthly
DHFL Pramerica Strategic Debt Fund Direct Growth
DHFL Pramerica Strategic Debt Fund Regular IDCW
DHFL Pramerica Strategic Debt Fund Regular Bonus
DHFL Pramerica Strategic Debt Fund Regular Growth
DHFL Pramerica Strategic Debt Fund Regular IDCW Quarterly
DHFL Pramerica Strategic Debt Fund Direct IDCW Quarterly
DHFL Pramerica Strategic Debt Fund Regular IDCW Monthly
DHFL Pramerica Medium Term Fund Regular IDCW
DHFL Pramerica Medium Term Fund Direct IDCW
DHFL Pramerica Medium Term Fund Direct Growth
DHFL Pramerica Medium Term Fund Regular Growth
DHFL Pramerica Medium Term Fund Regular IDCW Quarterly
DHFL Pramerica Medium Term Fund Direct IDCW Yearly
DHFL Pramerica Medium Term Fund Direct IDCW Monthly
DHFL Pramerica Medium Term Fund Regular IDCW Monthly
PGIM India Credit Risk Fund Direct Growth
PGIM India Credit Risk Fund Direct IDCW Quarterly
PGIM India Credit Risk Fund Regular IDCW Quarterly
PGIM India Credit Risk Fund Regular Growth
PGIM India Balanced Advantage Fund Regular Growth
PGIM India Balanced Advantage Fund Direct Growth
PGIM India Balanced Advantage Fund Direct IDCW
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
PGIM India Midcap Opportunities Fund Direct IDCW
PGIM India Midcap Opportunities Fund Regular Growth
PGIM India Midcap Opportunities Fund Regular IDCW
PGIM India Midcap Opportunities Fund Direct Growth
PGIM India Flexi Cap Fund Regular Growth
PGIM India Flexi Cap Fund Direct IDCW
PGIM India Flexi Cap Fund Regular IDCW
PGIM India Flexi Cap Fund Direct Growth
PGIM India Balanced Advantage Fund Regular Growth
PGIM India Balanced Advantage Fund Direct Growth
PGIM India Balanced Advantage Fund Direct IDCW
PGIM India Small Cap Fund Direct Growth
PGIM India Small Cap Fund Regular Growth
PGIM India Small Cap Fund Direct IDCW
PGIM India Small Cap Fund Regular IDCW
Hitash Dang
Jun 2021 - Present
View details
Education
Mr. Dang is Bcom and MBA (PGDBA)
Experience
Prior to joining PGIM India Mutual Fund he has worked in Jaypee Capital Service Ltd. in Institutional Sales in Equity Markets and Multiflex Lami Print Ltd. in Business development.
Also manages these schemes
PGIM India Equity Savings Fund IDCW Monthly
PGIM India Equity Savings Fund IDCW Yearly
PGIM India Equity Savings Fund Growth
PGIM India Equity Savings Fund Direct IDCW Yearly
PGIM India Equity Savings Fund Direct Growth
PGIM India Equity Savings Fund Direct IDCW Monthly
PGIM India Arbitrage Fund Direct Growth
PGIM India Arbitrage Fund Regular Growth
PGIM India Arbitrage Fund Direct IDCW
PGIM India Arbitrage Fund Direct IDCW Monthly
PGIM India Arbitrage Fund Direct IDCW Quarterly
PGIM India Arbitrage Fund Direct IDCW Yearly
PGIM India Arbitrage Fund Regular IDCW Monthly
PGIM India Arbitrage Fund Regular IDCW Quarterly
PGIM India Arbitrage Fund Regular IDCW Yearly
PGIM India Arbitrage Fund Regular IDCW
PGIM India Balanced Advantage Fund Regular Growth
PGIM India Balanced Advantage Fund Direct Growth
PGIM India Balanced Advantage Fund Direct IDCW
Ravi Adukia
Jun 2021 - Present
View details
Education
Mr. Adukia is a CA, CS, CFA
Experience
Prior to joining PGIM India Asset Management Pvt. Ltd. - Equity Analyst and Dedicated Fund Manager - Overseas Investments, he has worked with Nomura Financial Advisory & Services India (P) Ltd. - Vice President (Equities) and Irevna Research Services (P) Ltd (Unit of Crisil Ltd) - Manager (Research).
Also manages these schemes
PGIM India Flexi Cap Fund Regular Growth
PGIM India Flexi Cap Fund Direct IDCW
PGIM India Flexi Cap Fund Regular IDCW
PGIM India Flexi Cap Fund Direct Growth
PGIM India Hybrid Equity Fund IDCW
PGIM India Hybrid Equity Fund Growth
PGIM India Hybrid Equity Fund Direct Plan Growth
PGIM India Hybrid Equity Fund Direct Plan IDCW
PGIM India Emerging Markets Equity Fund Growth
PGIM India Emerging Markets Equity Fund IDCW
PGIM India Emerging Markets Equity Fund Direct Growth
PGIM India Emerging Markets Equity Fund Direct IDCW
PGIM India Global Equity Opportunities Fund Growth
PGIM India Global Equity Opportunities Fund IDCW
PGIM India Global Equity Opportunities Fund Bonus
PGIM India Global Equity Opportunities Fund Direct IDCW
PGIM India Global Equity Opportunities Fund Direct Growth
PGIM India Hybrid Equity Fund Direct Plan IDCW Monthly
PGIM India Hybrid Equity Fund IDCW Monthly
PGIM India Balanced Advantage Fund Regular Growth
PGIM India Balanced Advantage Fund Direct Growth
PGIM India Balanced Advantage Fund Direct IDCW
PGIM India Small Cap Fund Direct Growth
PGIM India Small Cap Fund Regular Growth
PGIM India Small Cap Fund Direct IDCW
PGIM India Small Cap Fund Regular IDCW
PGIM India Global Select Real Estate Securities FoF Direct Growth
PGIM India Global Select Real Estate Securities FoF Regular Growth
Fund house & investment objective
PGIM India Mutual Fund
Rank (total assets)#26 in India
Total AUM₹6,924.71Cr
Date of Incorporation13 May 2010
 PGIM India Balanced Advantage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made availab
 PGIM India Balanced Advantage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 13 May 2010. Aniruddha Naha is the Current Fund Manager of PGIM India Balanced Advantage Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹6,925 Cr and the Latest NAV as of 18 Jan 2022 is ₹11.67.
The PGIM India Balanced Advantage Fund Direct IDCW is rated Moderate risk. For units in excess of 10% of the investment, 0.50% will be charged for redemption within 90 days
...Read more
Investment Objective
The scheme seeks to provide capital appreciation and income distribution to the investors by dynamically managing the asset allocation between equity 
The scheme seeks to provide capital appreciation and income distribution to the investors by dynamically managing the asset allocation between equity and fixed income using equity derivatives strategies, arbitrage opportunities and pure equity investments. The scheme seeks to reduce the volatility by diversifying the assets across equity and fixed income.

...Read more
Fund benchmarkNA
Scheme Information Document(SID)
Fund house contact details
Address
Nirlon House, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400 030
Phone
022-61593000
Launch Date
13 May 2010
E-mail
[email protected]
Website
NA
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,
Email
[email protected]
Website
www.karvymfs.com
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FAQsHow 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 NA% 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 0.25% as of 19 Jan 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 ₹1,360.30Cr as of 19 Jan 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 ₹11.67 as of 18 Jan 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).

	1M	3M	6M	All
Fund returns	1.7%	0.7%	6.6%	16.7%
Category average	NA	NA	NA	NA
Rank with in category	NA	4	14	NA

Name	Sector	Instrument	Assets
Adani Ports and Special Economic Zone Ltd.	Services	Equity	4.7%
State Bank of India	Financial	Equity	2.9%
Housing Development Finance Corpn. Ltd.	Financial	Equity	2.9%
United Spirits Ltd.	FMCG	Equity	2.7%
Infosys Ltd.	Technology	Equity	2.6%
Tata Consultancy Services Ltd.	Technology	Equity	2.3%
ICICI Bank Ltd.	Financial	Equity	2.1%
Axis Bank Ltd.	Financial	Equity	2.0%
REC Ltd.	Financial	Debenture	1.9%
Power Finance Corporation Ltd.	Financial	Debenture	1.9%

Rank (total assets)	#26 in India
Total AUM	₹6,924.71Cr

Date of Incorporation	13 May 2010

Fund benchmark	NA

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4th Block, S.T Bed, Koramangala
Bengaluru – 560034
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Rating	NA
Fund size	₹1,360.30Cr