PGIM India Balanced Advantage Fund Direct Growth

PGIM India Balanced Advantage Fund Direct Growth

NAV as on 27-03-2025

₹ 15.48

-0.5%

1D

Inception Returns

11%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
18 people have invested ₹ 4.1L in PGIM India Balanced Advantage Fund Direct Growth in the last three months

About PGIM India Balanced Advantage Fund Direct Growth

PGIM India Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 4 February, 2021. The fund is managed by Vinay Paharia, Anandha Padmanabhan Anjeneyan, Puneet Pal. This fund gives you the benefit of diversification.

Key Parameters

  1. PGIM India Balanced Advantage Fund Direct Growth has ₹924 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

PGIM India Balanced Advantage Fund Direct Growth has given a CAGR return of 11.00% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.76% and 10.10% respectively.

Holdings

PGIM India Balanced Advantage Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Corporate, Cash Equivalent, Industrial, Consumer Cyclical, Tech, Energy, Health, Consumer Defensive, Communication, Basic Materials, Utilities, Real Estate.

Taxation

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of PGIM India Balanced Advantage Fund Direct Growth

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. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Balanced Advantage Fund Direct Growth has no lock in period.

PGIM India Balanced Advantage Fund Direct Growth Overview

Expense ratio0.47%
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
AUM₹924 Cr
Inception Date4 February, 2021
Min Lumpsum/SIP₹5000/₹1000
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
118.25%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

INDmoney Rank for PGIM India Balanced Advantage Fund Direct Growth

Powered by IND quant engine
9
/17
22% Performance
57% Risk Management
93% Cost
9 out of 17 among dynamic asset allocation

Trailing Returns

as on (27-Mar-25)

Period
PGIM India Balanced Advantage Fund Direct Growth
Dynamic Asset Allocation Index
1M
2.9%
2%
3M
-2%
-3.4%
6M
-6.7%
-7%
1Y
8.8%
5.8%
3Y
10.1%
11%

Fund Distribution

as on (28-Feb-25)

  • Equity 65.3%

  • Debt & Cash 34.7%

Large cap
49.5%

Mid cap
10.6%

Small cap
5.1%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
30.5%
Industrial
12.3%
Consumer Cyclical
10.4%
Tech
9.5%
Energy
8.7%
Health
8.5%
Consumer Defensive
7.1%
Communication
5.2%
Basic Materials
5.1%
Utilities
1.8%
Real Estate
1%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 924.4 Cr
₹ 978 Cr
₹ 1K Cr
  • AUM of the fund stands at 924.4 Cr as of Feb'25
  • AUM decreased by 53.6 Cr between Feb'25 and Jan'25
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 5.42% to 6.57%
HDFC Bank Ltd's allocation increased from 5.42% to 6.57%
Zomato Ltd's allocation increased from 1.14% to 1.75%
Zomato Ltd's allocation increased from 1.14% to 1.75%
ICICI Bank Ltd's allocation increased from 5.51% to 6.11%
ICICI Bank Ltd's allocation increased from 5.51% to 6.11%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 3.52 % to 3.35 %
Infosys Ltd's allocation decreased from 3.52 % to 3.35 %
Bharti Airtel Ltd's allocation decreased from 3.54 % to 2.31 %
Bharti Airtel Ltd's allocation decreased from 3.54 % to 2.31 %
Tata Consultancy Services Ltd's allocation decreased from 3.28 % to 2.22 %
Tata Consultancy Services Ltd's allocation decreased from 3.28 % to 2.22 %

Top 3 Sectors in February were Government, Financial Services & Corporate

Feb'25
Government
58%
Financial Services
31%
Corporate
29%
Jan'25
Government
64%
Financial Services
29%
Corporate
14%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
78
79
78
Top 5 Company Concentration
24.6%
24.1%
23.6%
Company having highest exposure
HDFC Bank Ltd (7%)
HDFC Bank Ltd (6.5%)
HDFC Bank Ltd (6.6%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
139.5%
130.3%
135.4%
Sector having highest exposure
Government (57.7%)
Government (64%)
Government (69.1%)
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Vinay Paharia
Vinay Paharia
Fund Manager of PGIM India Balanced Advantage Fund Direct Growth, since 1 April 2023
Anandha Padmanabhan Anjeneyan
Anandha Padmanabhan Anjeneyan
Fund Manager of PGIM India Balanced Advantage Fund Direct Growth, since 1 April 2023
Puneet Pal
Puneet Pal
Fund Manager of PGIM India Balanced Advantage Fund Direct Growth, since 1 December 2021
Fund House
PGIM India Asset Management Private Limited
Total Schemes
Total AUM
₹24.93K Cr
as on 28-Feb-2025
Address
PGIM India Asset Management Private Limited,Nirlon House, 2nd Floor,,Dr. Annie Besant Road,,Worli,
Phone
+912271584300
Website
mailmanager@karvy.com

PGIM India Balanced Advantage Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 11% since inception which is more than its category average return of 9.64%
Fund Allocations

Fund Allocations

This fund has an allocation of 65.28% in Equity, 23.2% in Debt and 11.52% in Cash related instruments
AUM size ₹924 Cr

AUM size ₹924 Cr

This fund has AUM of ₹924 Cr which is less than its category average of ₹ 9419 Cr
Expense Ratio 0.47%

Expense Ratio 0.47%

This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 1.34%

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5Y CAGR

▲ 11.09

PGIM India Arbitrage Fund Direct Plan Growth

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5Y CAGR

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Frequently Asked Questions for PGIM India Balanced Advantage Fund Direct Growth

The current NAV of PGIM India Balanced Advantage Fund Direct Growth is ₹15.48 as on 27-Mar-2025.
Existing (Absolute + CAGR) as on 27-Mar-2025.
PGIM India Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.87%
2.87%
6 Month Returns
-6.67%
-6.67%
1 Year Returns
8.76%
8.76%
3 Years Returns
33.45%
10.1%
5 Years Returns
0%
0%
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0.47% as on February 2025
₹924 Cr as on February 2025
HDFC Bank Ltd(6.98%), 7.18% Govt Stock 2037(6.6%), ICICI Bank Ltd(6.25%), 7.18% Govt Stock 2033(5.75%), Reliance Industries Ltd(5.65%) as on February 2025
Government(20.03%), Financial Services(19.94%), Corporate(9.93%) as on February 2025
AAA
100
Vinay Paharia, Anandha Padmanabhan Anjeneyan, Puneet Pal are the fund managers of PGIM India Balanced Advantage Fund Direct Growth
The Exit load of PGIM India Balanced Advantage Fund Direct Growth is 0.5%