PGIM India Balanced Advantage Fund – Direct Growth

1,000
Min SIP
5,000
Min Lumpsum
0.41 %
Expense Ratio
Rating
1,227
Fund Size (in Cr)
3 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 3 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 27 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 19.1% 11.9% - 12%
Category Average 24.9% 15% 16.7% -

Scheme Allocation

By Holding
By Sector
By Asset
5.68%
5.62%
Others
76.28%
View all Holdings
Holdings Sector Instrument Asset
Reliance Industr Refineries Equity 6.71%
HDFC Bank Banks Equity 5.68%
ICICI Bank Banks Equity 5.62%
Bajaj Finance Finance Equity 2.89%
Max Healthcare Healthcare Equity 2.82%
J K Cements Cement Equity 2.73%
Axis Bank Banks Equity 2.45%
Infosys IT - Software Equity 2.37%
Avenue Super. Retail Equity 2.37%
Kotak Mah. Bank Banks Equity 2.23%
LTIMindtree IT - Software Equity 2.2%
Tube Investments Auto Ancillaries Equity 1.82%
J B Chem & Pharm Pharmaceuticals Equity 1.69%
Indraprastha Gas Gas Distribution Equity 1.67%
Timken India Bearings Equity 1.66%
Coforge IT - Software Equity 1.61%
Maruti Suzuki Automobile Equity 1.53%
Cholaman.Inv.&Fn Finance Equity 1.47%
Interglobe Aviat Air Transport Service Equity 1.47%
Larsen & Toubro Infrastructure Developers & Operators Equity 1.47%
Bharat Electron Aerospace & Defence Equity 1.44%
United Spirits Alcoholic Beverages Equity 1.43%
Mankind Pharma Pharmaceuticals Equity 1.37%
ICICI Lombard Insurance Equity 1.13%
P I Industries Agro Chemicals Equity 1.1%
Titan Company Diamond, Gems and Jewellery Equity 1.06%
Page Industries Readymade Garments/ Apparells Equity 1.04%
Abbott India Pharmaceuticals Equity 0.9%
Poonawalla Fin Finance Equity 0.87%
CG Power & Indu. Capital Goods - Electrical Equipment Equity 0.73%
Sona BLW Precis. Auto Ancillaries Equity 0.73%
SBI Cards Finance Equity 0.73%
Vedant Fashions Retail Equity 0.69%
SRF Chemicals Equity 0.69%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.64%
Multi Comm. Exc. Miscellaneous Equity 0.62%
Uno Minda Auto Ancillaries Equity 0.6%
Syngene Intl. Pharmaceuticals Equity 0.57%
SKF India Bearings Equity 0.56%
Havells India Consumer Durables Equity 0.45%
Motherson Wiring Auto Ancillaries Equity 0.45%
Navin Fluo.Intl. Chemicals Equity 0.43%
C D S L Miscellaneous Equity 0.41%
RHI Magnesita Refractories Equity 0.41%
Devyani Intl. Quick Service Restaurant Equity 0.34%
CRISIL Credit Rating Agencies Equity 0.3%
Metro Brands Leather Equity 0.29%
Aarti Industries Chemicals Equity 0.26%
Debt
27.21%
Banks
15.98%
Petroleum Products
6.71%
Finance
6.26%
IT-Software
6.18%
Others
37.66%
View all Sectors
Sectors Asset
Debt 27.21%
Banks 15.98%
Petroleum Products 6.71%
Finance 6.26%
IT-Software 6.18%
Pharmaceuticals & Biotech 3.96%
Retailing 3.7%
Auto Components 3.6%
Healthcare Services 3.39%
Cement & Cement Products 2.73%
Industrial Products 2.63%
Consumer Durables 1.8%
Gas 1.67%
Automobiles 1.53%
Transport Services 1.47%
Construction 1.47%
Aerospace & Defense 1.44%
Beverages 1.43%
Chemicals & Petrochemical 1.38%
Insurance 1.13%
Fertilisers & Agrochemica 1.1%
Textiles & Apparels 1.04%
Capital Markets 1.03%
Electrical Equipments 0.73%
Leisure Services 0.34%
Cash & Others 0.09%
Equity
72.7%
Certificate of Deposit
7.47%
Corporate Debentures
7.27%
Govt Securities / Sovereign
7.11%
Commercial Paper
3.87%
Others
1.58%
View all Assets
Assets Asset
Equity 72.7%
Certificate of Deposit 7.47%
Corporate Debentures 7.27%
Govt Securities / Sovereign 7.11%
Commercial Paper 3.87%
Reverse Repos 1.33%
T-Bills 0.16%
Net Curr Ass/Net Receivables 0.09%

Advance Ratio

1
Alpha
2.28
SD
0.52
Beta
0.59
Sharpe

Exit Load

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

Fund Objective

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.

Fund Managers

Vinay Paharia

With over 16 years of experience in the financial services industry, Mr. Vinay Paharia commenced his career at Global Stockbroking Pvt. Ltd. as an equity research analyst and is currently working at Union Management Co. Pvt. Ltd. as its Chief Investment Officer. Academically, Mr. Vinay Paharia has an MMS degree in Finance from Welingkar Institute of Management and holds a CFA from the Institute of Chartered Financial Analyst of India. Mr. Paharia’s vast experience has given him a deep understanding of the mutual funds market. He currently manages more than nine Union Mutual Fund schemes with an aggregated AuM of Rs. 1,793 crores.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

PGIM India Mutual Fund
AUM:
22,880 Cr
Address:
4th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051
Contact:
022-61593000
Email ID:
care@pgimindia.co.in

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Frequently Asked Questions

How to invest in PGIM India Balanced Advantage Fund – Direct Growth ?

You can invest in PGIM India Balanced Advantage Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for PGIM India Balanced Advantage Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of PGIM India Balanced Advantage Fund – Direct Growth ?

The NAV of PGIM India Balanced Advantage Fund – Direct Growth is ₹14.1 as of 27 February 2024.

How to redeem PGIM India Balanced Advantage Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of PGIM India Balanced Advantage Fund – Direct Growth?

The minimum SIP amount of PGIM India Balanced Advantage Fund – Direct Growth is ₹1000

What are the top sectors PGIM India Balanced Advantage Fund – Direct Growth has invested in?

The top sectors PGIM India Balanced Advantage Fund – Direct Growth has invested in are
  1. Debt - 27.21%
  2. Banks - 15.98%
  3. Petroleum Products - 6.71%
  4. Finance - 6.26%
  5. IT-Software - 6.18%

Can I make investments in both the SIP and Lump Sum schemes of PGIM India Balanced Advantage Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of PGIM India Balanced Advantage Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have PGIM India Balanced Advantage Fund – Direct Growth generated ?

The PGIM India Balanced Advantage Fund – Direct Growth has delivered 12% since inception

What is the expense ratio of PGIM India Balanced Advantage Fund – Direct Growth ?

The expense ratio of PGIM India Balanced Advantage Fund – Direct Growth is 0.41 % as of 27 February 2024.

What is the AUM of PGIM India Balanced Advantage Fund – Direct Growth?

The AUM of PGIM India Balanced Advantage Fund – Direct Growth is ₹22,880 Cr as of 27 February 2024

What are the top stock holdings of PGIM India Balanced Advantage Fund – Direct Growth?

The top stock holdings of PGIM India Balanced Advantage Fund – Direct Growth are
  1. Reliance Industr - 6.71%
  2. HDFC Bank - 5.68%
  3. ICICI Bank - 5.62%
  4. Bajaj Finance - 2.89%
  5. Max Healthcare - 2.82%

How can I redeem my investments in PGIM India Balanced Advantage Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select PGIM India Balanced Advantage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now