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PGIM India Balanced Advantage Fund - Direct (G)

Dynamic Asset Allocation or Balanced Advantage
  • NAV

    15.07(-0.13%)
  • Fund Size (CR)

    ₹977.98
  • Expense Ratio

    0.47
  • Scheme Type

    Active Fund
  • Value Research

  • Min. investment

    ₹5,000
  • Minimum Additional Investment

    ₹1,000
  • Minimum SIP Investment

    ₹1,000
  • Minimum Withdrawal

    ₹0
  • Exit Load 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

    0.5%
  • Return Since Launch

    10.73%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -2.96%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Vinay Paharia

Bench Mark

CRISIL Hybrid 50+50 - Moderate Index

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 10 February 20259785.99-2.14%--1.97%109/145
1 Month17 January 20259817.83-1.82%--2.80%44/145
3 Month14 November 20249704.18-2.96%--3.19%89/145
6 Month16 August 20249593.13-4.07%--4.73%77/145
1 Year16 February 202410732.577.33%7.33%4.95%42/133
3 Year17 February 202213167.5431.68%9.61%10.61%77/107
5 Year--0%-11.42%-/-
Since Inception4 February 202115090.0050.90%10.73%10.05%64/145

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 March 20241,20,000117726.89-1.89% -1.89%
3 Year2 March 20223,60,000412267.6514.52% 4.62%
5 Year-----
10 Year-----

Note: SIP Returns since Inception Date.

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

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

  • Invested Amount

    25,000

  • Estimated Returns

    19,059

76%

Returns

Future value of your investment

44,059

Risk Ratios

2.57%

Standard Deviation

0.68%

Beta

0.39%

Sharpe Ratio

0.04%

Treynor's Ratio

0.91%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
HDFC Bank6.47%37267963.31EquityBanks
ICICI Bank6.14%47962260.09EquityBanks
Reliance Industr5.63%43508255.04EquityRefineries
Infosys3.45%17941533.73EquityIT - Software
Bharti Airtel2.43%14641223.81EquityTelecomm-Service
TCS2.29%5448922.41EquityIT - Software
Larsen & Toubro1.73%4736516.90EquityInfrastructure Developers & Operators
Varun Beverages1.61%29405215.78EquityFMCG
ICICI Lombard1.59%8343915.51EquityInsurance
Zomato Ltd1.43%63395113.97EquityE-Commerce/App based Aggregator

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
PGIM India Balanced Advantage Fund - Direct (G)
977.98-1.82%-2.96%-4.07%7.33%9.61%
AXIS Balanced Advantage Fund - Direct (G)
2652.06-1.31%-1.13%-0.55%12.17%13.17%
AXIS Balanced Advantage Fund - Direct (IDCW)
2652.06-1.34%-1.14%-0.54%12.14%13.15%
WhiteOak Capital Balanced Advantage Fund - Dir (G)
1327.52-2.33%-1.74%-1.10%11.09%-
DSP Dynamic Asset Allocation Fund -Dir (IDCW-M)
3185.69-1.26%-1.17%-0.42%10.87%10.70%
DSP Dynamic Asset Allocation Fund -Dir (G)
3185.69-1.26%-1.17%-0.43%10.86%10.70%

News

  • PGIM India MF announces change in Fund Manager of the following schemes

    PGIM India Mutual Fund has announced change in Fund Manager of the following scheme with effect from: 15 February 2025

    Change in Fund Manager of the Scheme:

    Scheme Name Existing Fund Manager(s) Revised Fund Manager(s)
    PGIM India Emerging Markets Equity Fund Mr. Chetan Gindodia Mr. Anandha Padmanabhan Anjeneyan
    Mr. Vivek Sharma
    PGIM India Global Equity Opportunities Fund Mr. Chetan Gindodia Mr. Anandha Padmanabhan Anjeneyan
    Mr. Vivek Sharma
    PGIM India Global Select Real Estate Securities Fund of Fund Mr. Chetan Gindodia Mr. Anandha Padmanabhan Anjeneyan
    Mr. Vivek Sharma
    PGIM India Flexi Cap Fund Mr. Anandha Padmanabhan Anjeneyan
    Mr. Vivek Sharma
    Mr. Vinay Paharia
    Mr. Chetan Gindodia
    Mr. Puneet Pal
    Mr. Anandha Padmanabhan Anjeneyan
    Mr. Vivek Sharma
    Mr. Vinay Paharia
    Mr. Puneet Pal
    PGIM India Hybrid Equity Fund Mr. Vivek Sharma
    Mr. Anandha Padmanabhan Anjeneyan
    Mr. Vinay Paharia
    Mr. Puneet Pal
    Mr. Chetan Gindodia
    Mr. Vivek Sharma
    Mr. Anandha Padmanabhan Anjeneyan
    Mr. Vinay Paharia
    Mr. Puneet Pal
    PGIM India Balanced Advantage Fund Mr. Utsav Mehta
    Mr. Anandha Padmanabhan Anjeneyan
    Mr. Vinay Paharia
    Mr. Puneet Pal
    Mr. Chetan Gindodia
    Mr. Utsav Mehta
    Mr. Anandha Padmanabhan Anjeneyan
    Mr. Vinay Paharia
    Mr. Puneet Pal
    PGIM India Small Cap Fund Mr. Utsav Mehta
    Mr. Vivek Sharma
    Mr. Vinay Paharia
    Mr. Puneet Pal
    Mr. Chetan Gindodia
    Mr. Utsav Mehta
    Mr. Vivek Sharma
    Mr. Vinay Paharia
    Mr. Puneet Pal
    PGIM India Large and Mid Cap Fund Mr. Vinay Paharia
    Mr. Anandha Padmanabhan Anjeneyan
    Mr. Utsav Mehta
    Mr. Puneet Pal
    Mr. Chetan Gindodia
    Mr. Vinay Paharia
    Mr. Anandha Padmanabhan Anjeneyan
    Mr. Utsav Mehta
    Mr. Puneet Pal

    Powered by Capital Market - Live News

  • PGIM India Mutual Fund announces Monthly Income Distribution cum Capital Withdrawal (IDCW) under its schemes

    PGIM India Mutual Fund has announced 17 January 2025 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: 0.0647

    Direct Plan ' Monthly IDCW Option: 0.0653

    PGIM India Hybrid Equity Fund:

    Regular Plan ' Monthly IDCW Option: 0.1773

    Direct Plan ' Monthly IDCW Option: 0.1961

    PGIM India Equity Savings Fund:

    Regular Plan ' Monthly IDCW Option: 0.0714

    Direct Plan ' Monthly IDCW Option: 0.0780

    Powered by Capital Market - Live News

  • PGIM India MF announces Quarterly Income Distribution cum Capital Withdrawal (IDCW) under its schemes

    PGIM India Mutual Fund has announced 31 December 2024 as the record date for declaration of IDCW in the following schemes. The proposed IDCW on the face value of Rs 10 per unit will be:

    PGIM India Dynamic Bond Fund:

    Regular Plan ' Quarterly IDCW: 18.776

    Direct Plan ' Quarterly IDCW: 20.7063

    PGIM India Gilt Fund:

    Regular Plan ' Quarterly IDCW: 0.2396

    Direct Plan ' Quarterly IDCW: 0.2525

    PGIM India Corporate Bond Fund:

    Regular Plan ' Quarterly IDCW: 0.1997

    Direct Plan ' Quarterly IDCW: 0.2267

    PGIM India Large Cap Fund:

    Regular Plan ' IDCW: 0.4578

    Direct Plan ' IDCW: 0.6481

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

15 January 2021

Total AUM (Cr)

₹977.98

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 15 January 2021, this fund is managed by Vinay Paharia. With assets under management (AUM) worth ₹977.98 (Cr), as of 18 February 2025, 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 10.73% since its launch.
The current NAV of PGIM India Balanced Advantage Fund - Direct (G) is ₹15.07, as on 18 February 2025. 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 ₹1,000 while the minimum lumpsum investment is ₹5,000.

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 9.61% and undefined% 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 66.15% in Equity, 32.89% in Debt and 0.96% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 32.89% in Debt, 13.70% in Banks, 6.76% in IT-Software, 5.63% in Petroleum Products, 3.40% in Chemicals & Petrochemical

FAQs

How to Invest in PGIM India Balanced Advantage Fund - Direct (G) Direct Growth?

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 10.73% 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!

How much returns has PGIM India Balanced Advantage Fund - Direct (G) Direct Growth generated?

In the short term, i.e., 1 year, PGIM India Balanced Advantage Fund - Direct (G) has generated annualised return of 7.33%. In the long-term, the fund has generated 9.61% and - in 3 and 5 years respectively. Since its inception, the fund has generated 10.73% returns.

What is the expense ratio of PGIM India Balanced Advantage Fund - Direct (G) Direct Growth?

The expense ratio of PGIM India Balanced Advantage Fund - Direct (G) Direct Growth is 0.47%. 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.

What is the AUM of PGIM India Balanced Advantage Fund - Direct (G) Fund Direct Growth?

The Assets Under Management (AUM) of PGIM India Balanced Advantage Fund - Direct (G) is ₹977.98 (Cr) as of 2025-02-18 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from PGIM India Balanced Advantage Fund - Direct (G) Direct Growth?

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).