Overview
PGIM India Balanced Advantage Fund Direct Growth
PGIM India Mutual Fund
The scheme seeks 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.
Investments in PGIM India Balanced Advantage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 15.87
Fund Size (AUM)
₹957.28 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹1000
Launch Date
04-Feb-2021
Expense Ratio
0.47%
Exit Load
Exit load of 0.5%, if redeemed within 90 days.
Benchmark
CRISIL Hybrid 50+50 Moderate Index
Standard Deviation
9.54
History
Performance & Ratios
1-Year SIP Return
-6.64%
3-Year SIP Return
8.12%
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
-0.8
Beta
0.86
Sharpe Ratio
0.38
Sortino Ratio
0.7
Information Ratio
-0.46
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 10.46% | 10.69% | N/A | 2.91% |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 19 | 24 | N/A | N/A |
Holdings (80)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.12% |
| ICICI Bank Ltd. | Financial | Equity | 6.76% |
| GOI | Sovereign | GOI Sec | 6.42% |
| Reliance Industries Ltd. | Energy | Equity | 5.8% |
| GOI | Sovereign | GOI Sec | 5.62% |
| Infosys Ltd. | Technology | Equity | 2.94% |
| Bharti Airtel Ltd. | Communication | Equity | 2.65% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.05% |
| GOI | Sovereign | GOI Sec | 1.76% |
| Larsen & Toubro Ltd. | Construction | Equity | 1.73% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct Growth | 94824.34 | 10.74 | 19.79 | 0.88 | N/A |
| Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4073.23 | 9.95 | 14.24 | 0.77 | N/A |
| SBI Balanced Advantage Fund Direct Growth | 34015.41 | 9.04 | 13.96 | 0.71 | N/A |
| ICICI Prudential Balanced Advantage Direct Growth | 60591.13 | 11.47 | 13.24 | 0.92 | N/A |
| Tata Balanced Advantage Fund Direct Growth | 10075.2 | 7.56 | 12.03 | 0.36 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 1000
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 5
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 5
AMC Details
Asset Management Company
PGIM India Mutual Fund
DHFL Pramerica Mutual Fund started their mutual fund on 13/05/2010 and its managing total assets of ₹25,191 Cr. Its ranked at 15 as per total assets at end of 30th Sep 2017. PGIM India Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
DHFL was established in the year 1984 and it aimed to provide financial access to the middle and lower income strata of the society. Today, it is one of the most trusted and leading financial brands in India.
When it comes to the mutual fund space, this AMC provides funds across various categories and its main vision is financial inclusion, which means that their motto is to bring financial awareness to people in remote cities and towns. DHFL is therefore present in 351 locations across the country.
DHFL Pramerica Trustees Private Limited acts as the trustee company of DHFL Pramerica Mutual Fund and makes sure that all transactions are in accordance with the rules and regulations set-up by SEBI.
Launch Date
2010-05-13T00:00:00.337Z
Total AUM
₹ 23865.19 Cr
Address
7th Floor, Radhe Empire,Chandavarkar RoadBorivali (W), Mumbai Mumbai 400092
Phone
+91 22 6159 5441 / 42
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
PGIM India Balanced Advantage Fund Direct Growth
PGIM India Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for PGIM India Balanced Advantage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of PGIM India Balanced Advantage Fund Direct Growth?
The top stocks held by PGIM India Balanced Advantage Fund Direct Growth include HDFC Bank Ltd., ICICI Bank Ltd., GOI.
Which industries does PGIM India Balanced Advantage Fund Direct Growth invest in?
PGIM India Balanced Advantage Fund Direct Growth primarily invests in the following industries: Financial, Sovereign, Energy.
Who are the fund managers of PGIM India Balanced Advantage Fund Direct Growth?
The fund managers of PGIM India Balanced Advantage Fund Direct Growth are Puneet Pal and Vinay Paharia and Anandha Padmanabhan Anjeneyan and Utsav Mehta and Chetan Gindodia.
How many years has the fund manager been managing PGIM India Balanced Advantage Fund Direct Growth?
Puneet Pal:
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Vinay Paharia:
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Anandha Padmanabhan Anjeneyan:
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Utsav Mehta:
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Chetan Gindodia:
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What is the minimum investment for PGIM India Balanced Advantage Fund Direct Growth?
The minimum investment for PGIM India Balanced Advantage Fund Direct Growth is ₹5000 for lumpsum investments and ₹1000 for SIPs.
What are the average 1-year returns for PGIM India Balanced Advantage Fund Direct Growth?
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What are the average 3-year returns for PGIM India Balanced Advantage Fund Direct Growth?
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What is the expense ratio of PGIM India Balanced Advantage Fund Direct Growth, and how does it compare to its category?
The expense ratio of PGIM India Balanced Advantage Fund Direct Growth is 0.47%. The average expense ratio for similar funds in the Hybrid is Calculating....