PGIM India Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
11.63%
3Y annualised
-0.19% 1D
1M
6M
1Y
3Y
All
NAV: 12 Dec 2024₹16.11
Min. SIP amount₹1,000
Rating2
Fund size₹1,111.56Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA17.5%11.6%13.2%
Category averageNA18.4%11.9%NA
Rank with in categoryNA2220NA
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Peer Comparison

Holdings (98)

NameSectorInstrumentAssets
SovereignGOI Sec5.79%
FinancialEquity5.51%
FinancialEquity5.42%
SovereignGOI Sec5.01%
EnergyEquity4.95%
GOI
SovereignGOI Sec4.52%
CommunicationEquity3.54%
TechnologyEquity3.52%
TechnologyEquity3.28%
ConstructionEquity3.12%
SovereignGOI Sec2.66%
EnergyEquity2.45%
FinancialEquity2.12%
FinancialEquity1.87%
Consumer StaplesEquity1.52%
Consumer StaplesEquity1.48%
SovereignGOI Sec1.41%
ServicesEquity1.14%
InsuranceEquity1.11%
FinancialEquity1.03%
ConstructionEquity0.99%
TechnologyEquity0.98%
Consumer StaplesEquity0.97%
FinancialEquity0.96%
FinancialNCD0.95%
EnergyDebenture0.95%
LIC Housing Finance Ltd.
FinancialDebenture0.94%
DiversifiedEquity0.94%
Consumer StaplesEquity0.92%
InsuranceEquity0.89%
Capital GoodsEquity0.87%
Consumer DiscretionaryEquity0.86%
HealthcareEquity0.85%
SovereignGOI Sec0.83%
FinancialEquity0.81%
Capital GoodsEquity0.73%
ChemicalsEquity0.73%
AutomobileEquity0.70%
ServicesEquity0.70%
FinancialEquity0.69%
ServicesEquity0.66%
HealthcareEquity0.62%
ConstructionEquity0.60%
HealthcareEquity0.59%
ChemicalsEquity0.58%
Larsen & Toubro Ltd.
ConstructionBonds/NCD0.57%
EnergyDebenture0.57%
Metals & MiningEquity0.56%
Capital GoodsEquity0.54%
ServicesEquity0.54%
SovereignGOI Sec0.51%
ChemicalsEquity0.50%
AutomobileEquity0.49%
SovereignGOI Sec0.49%
Capital GoodsDebenture0.48%
Sikka Ports and Terminals Ltd.
EnergyCP0.47%
EnergyEquity0.47%
FinancialDebenture0.47%
FinancialBonds0.47%
Aditya Birla Finance Ltd.
FinancialCP0.46%
LIC Housing Finance Ltd.
FinancialCP0.46%
HDFC Bank Ltd.
FinancialCD0.46%
Canara Bank
FinancialCD0.46%
AutomobileEquity0.46%
ServicesEquity0.45%
AutomobileEquity0.45%
HDFC Bank Ltd.
FinancialCD0.44%
Consumer StaplesEquity0.42%
AutomobileEquity0.39%
FinancialDebenture0.33%
TextilesEquity0.33%
HealthcareEquity0.31%
HealthcareEquity0.31%
Consumer StaplesEquity0.31%
TechnologyEquity0.30%
ServicesEquity0.30%
FinancialEquity0.29%
Capital GoodsEquity0.28%
Consumer DiscretionaryEquity0.28%
Capital GoodsNCD0.27%
SovereignGOI Sec0.23%
ChemicalsEquity0.21%
SovereignGOI Sec0.19%
Aditya Birla Finance Ltd.
FinancialDebenture0.19%
Capital GoodsEquity0.00%
TechnologyEquity0.00%
ChemicalsEquity0.00%
ITC Ltd.
Consumer StaplesFutures-0.97%
Kotak Mahindra Bank Ltd.
FinancialFutures-1.15%
Reliance Industries Ltd.
EnergyFutures-1.39%
Infosys Ltd.
TechnologyFutures-1.41%
NTPC Ltd.
EnergyFutures-1.43%
HDFC Bank Ltd.
FinancialFutures-1.45%
ICICI Bank Ltd.
FinancialFutures-1.55%
Larsen & Toubro Ltd.
ConstructionFutures-1.68%
Bharti Airtel Ltd.
CommunicationFutures-1.71%
Tata Consultancy Services Ltd.
TechnologyFutures-1.85%
State Bank of India
FinancialFutures-2.14%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

Lower expense ratio: 0.47%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Consistently lower annualised returns than category average for the past 1Y and 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.47%

Inclusive of GST

Exit load

Exit load of 0.5%, if redeemed within 90 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Utsav Mehta
Apr 2024 - Present
View details

Education
Mr. Mehta has done B.Com and CFA
Experience
Prior to joining PGIM Mutual Fund, he has worked with Edelweiss Asset Management Ltd and Ambit Capital
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
204, 2nd Floor, Jalaram Business Centre,Ganjawala LaneNear Chamunda Circle, Borivali (W) Mumbai 400092
Phone
022-61593000 / 1800-266-2667
Launch Date
13 May 2010
E-mail
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,

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