PGIM India Balanced Advantage Fund Direct Growth

PGIM India Balanced Advantage Fund Direct Growth 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹25,130 Cr and the Latest NAV as of 10 Jan 2025 is ₹15.49. The PGIM India Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.5%, if redeemed within 90 days. ;

Investment Objective

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. ;