NAV as on 27-03-2025
₹ 15.48
1D
Inception Returns
11%
/yr
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.
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.
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.
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 benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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 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.
Expense ratio | 0.47% |
Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
AUM | ₹924 Cr |
Inception Date | 4 February, 2021 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.5% |
Lock In | No Lock-in |
TurnOver | 118.25% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (27-Mar-25)
as on (28-Feb-25)
Top 3 Sectors in February were Government, Financial Services & Corporate
More funds from AMC
PGIM India Hybrid Equity Fund Direct Plan Growth
5Y CAGR
▲ 18.87
PGIM India Equity Savings Fund Direct Plan Growth
5Y CAGR
▲ 11.09
PGIM India Arbitrage Fund Direct Plan Growth
5Y CAGR
▲ 5.86
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% |
AAA | 100 |