PGIM India Balanced Advantage Fund - Direct (G)


Dynamic Asset Allocation or Balanced Advantage
  • NAV 13.36 (0.68%)
  • Fund Size (Cr) ₹1273.15
  • Expense Ratio 0.4
  • Scheme Type Active Fund
  • Value Research
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹1000
  • Minimum Withdrawal ₹0
  • Exit Load 0.5%
  • Return Since Launch 10.58%

Basic Details

Scheme Manager
Vinay Paharia
Bench Mark
CRISIL Hybrid 50+50 - Moderate Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 21-Nov-23
  • 10037.82
  • 0.38%
  • -
  • 0.33%
  • 49/125
  • 1 Month
  • 27-Oct-23
  • 10270.90
  • 2.71%
  • -
  • 3.28%
  • 88/125
  • 3 Month
  • 28-Aug-23
  • 10091.25
  • 0.91%
  • -
  • 3.72%
  • 120/125
  • 6 Month
  • 26-May-23
  • 10616
  • 6.16%
  • -
  • 9.91%
  • 112/121
  • 1 Year
  • 28-Nov-22
  • 10885.97
  • 8.86%
  • 8.86%
  • 11.90%
  • 97/115
  • 3 Year
  • 0
  • 0%
  • -
  • 11.93%
  • -/-
  • 5 Year
  • 0
  • 0%
  • -
  • 10.93%
  • -/-
  • Since Inception
  • 04-Feb-21
  • 13270
  • 32.70%
  • 10.58%
  • 10.66%
  • 55/125

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Dec-22
  • 120000
  • 128006.77
  • 6.67%
  • 6.67%
  • 3 Year
  • 01-Mar-21
  • 330000
  • 377908.63
  • 14.52%
  • 4.62%
  • 5 Year
  • 01-Mar-21
  • 330000
  • 377908.63
  • 14.52%
  • 2.75%
  • 10 Year
  • 01-Mar-21
  • 330000
  • 377908.63
  • 14.52%
  • 1.36%

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Asset Allocation

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Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • ICICI Bank
  • 6.61%
  • 919517
  • 84.17
  • Equity
  • Banks
  • HDFC Bank
  • 6.16%
  • 531097
  • 78.42
  • Equity
  • Banks
  • Reliance Industr
  • 6.15%
  • 342300
  • 78.31
  • Equity
  • Refineries
  • Infosys
  • 3.4%
  • 316324
  • 43.29
  • Equity
  • IT - Software
  • Axis Bank
  • 3.1%
  • 401529
  • 39.42
  • Equity
  • Banks
  • Hind. Unilever
  • 2.69%
  • 137789
  • 34.23
  • Equity
  • FMCG
  • Kotak Mah. Bank
  • 2.05%
  • 150000
  • 26.09
  • Equity
  • Banks
  • Max Healthcare
  • 2%
  • 443500
  • 25.45
  • Equity
  • Healthcare
  • M & M
  • 1.95%
  • 170000
  • 24.80
  • Equity
  • Automobile
  • Tube Investments
  • 1.93%
  • 78000
  • 24.57
  • Equity
  • Auto Ancillaries

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • PGIM India Balanced Advantage Fund - Direct (G)
  • 1273.15
  • 2.71%
  • 0.91%
  • 6.16%
  • 8.86%
  • -
  • Motilal Oswal Balance Advantage Fund-Dir (IDCW-Q)
  • 786.42
  • 2.43%
  • 4.75%
  • 22.47%
  • 22.81%
  • 11.82%
  • Motilal Oswal Balance Advantage Fund-Dir (G)
  • 786.42
  • 2.43%
  • 4.76%
  • 22.48%
  • 22.81%
  • 11.88%
  • Motilal Oswal Balance Advantage Fund-Dir (IDCW-A)
  • 786.42
  • 2.43%
  • 4.76%
  • 22.48%
  • 22.81%
  • 11.89%
  • HDFC Balanced Advantage Fund - Direct (IDCW)
  • 63980.65
  • 5.31%
  • 7.31%
  • 17.75%
  • 22.03%
  • 25.64%
  • HDFC Balanced Advantage Fund - Direct (G)
  • 63980.65
  • 5.31%
  • 7.31%
  • 17.75%
  • 22.02%
  • 26.28%

News

  • PGIM India Mutual Fund Announces Monthly Income Distribution cum Capital Withdrawal (IDCW) under its schemes PGIM India Mutual Fund has announced 18 November 2023 as the record date for declaration of IDCW under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    PGIM India Arbitrage Fund:

    Regular Plan ? Monthly IDCW Option: 0.0405

    Direct Plan ? Monthly IDCW Option: 0.0409

    PGIM India Hybrid Equity Fund:

    Regular Plan ? Monthly IDCW Option: 0.1574

    Direct Plan ? Monthly IDCW Option: 0.1710

    PGIM India Equity Savings Fund:

    Regular Plan ? Monthly IDCW Option: 0.0712

    Direct Plan ? Monthly IDCW Option: 0.0771

    Powered by Capital Market - Live News

  • PGIM India Mutual Fund Announces Appointment of Key Personnel PGIM India Mutual Fund has announced that Mr. Anoop Gulati has been appointed as the Co - Head Marketing & Business Development of the AMC with effect from November 01, 2023

    Details of Mr. Anoop Gulati

    Age: 46 years

    Designation: Co-Head Marketing & Business Development

    Qualification: MBA

    Powered by Capital Market - Live News

  • PGIM India MF Announces change fund manager under its scheme PGIM India Mutual Fund has announced change in fund manager under the following scheme, with effect from November 1, 2023:

    Change in Fund Manager of PGIM India Midcap Opportunities Fund:

    Name of the Scheme Existing Fund Managers Revised Fund Managers
    PGIM India Midcap Opportunities Fund ? Mr. Vinay Paharia (Equity Portion)
    ? Mr. Anandha Padmanabhan Anjeneyan (Equity Portion)
    ? Mr. Puneet Pal (Debt Portion)
    ? Mr. Vinay Paharia (Equity Portion)
    ? Mr. Anandha Padmanabhan Anjeneyan (Equity Portion)
    ? Mr. Utsav Mehta (Equity Portion)
    ? Mr. Puneet Pal (Debt Portion)

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 15-Jan-2021
  • Total AUM (Cr) ₹1273.15

PGIM India Balanced Advantage Fund - Direct (G) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, PGIM India Mutual Fund. Launched in Jan 2021, this fund is managed by Vinay Paharia. With assets under management (AUM) worth ₹1273.15 (Cr), as of 29-Nov-2023, PGIM India Balanced Advantage Fund - Direct (G) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 10.58% since its launch.
The current NAV of PGIM India Balanced Advantage Fund - Direct (G) is ₹13.36, as on 29-Nov-2023. The fund’s benchmark index is CRISIL Hybrid 50+50 - Moderate Index. You can invest in PGIM India Balanced Advantage Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1000 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
For Exits within 90 days from date of allotment of units : 0.50%. For Exits beyond 90 days from date of allotment of units : Nil
The fund has generated - and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 66.01% in Equity, 34.37% in Debt and -0.38% in cash and cash equivalents
The top 5 sectors the fund invests in are: 33.89% in Debt, 17.72% in Banks, 8.76% in IT-Software, 6.02% in Petroleum Products and 5.36% in Finance.

FAQs on PGIM India Balanced Advantage Fund - Direct (G)

PGIM India Balanced Advantage Fund - Direct (G) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 10.58% since inception. Looking to invest in PGIM India Balanced Advantage Fund - Direct (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in PGIM India Balanced Advantage Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, PGIM India Balanced Advantage Fund - Direct (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in PGIM India Balanced Advantage Fund - Direct (G) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!

In the short term, i.e., 1 year, PGIM India Balanced Advantage Fund - Direct (G) has generated annualised return of 8.86%. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 10.58% returns.

The expense ratio of PGIM India Balanced Advantage Fund - Direct (G) Direct Growth is 0.4%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of PGIM India Balanced Advantage Fund - Direct (G) is ₹1273.15 (Cr) as of 29 November 2023. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of PGIM India Balanced Advantage Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from PGIM India Balanced Advantage Fund - Direct (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case PGIM India Balanced Advantage Fund - Direct (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in PGIM India Balanced Advantage Fund - Direct (G). Minimum lumpsum investment PGIM India Balanced Advantage Fund - Direct (G) is ₹5000 and minimum SIP amount is ₹1000. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of PGIM India Balanced Advantage Fund - Direct (G) is ₹13.36 as on 29 November 2023.

The 5 biggest stock holdings of PGIM India Balanced Advantage Fund - Direct (G) are:
ICICI Bank (6.61%), HDFC Bank (6.16%), Reliance Industr (6.15%), Infosys (3.4%), Axis Bank (3.1%)

A majority of PGIM India Balanced Advantage Fund - Direct (G) 's AUM worth ₹1273.15 (Cr) is invested in these 3 top sectors:

  • Debt: 33.89%
  • Banks: 17.72%
  • IT-Software: 8.76%

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