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PGIM India Balanced Advantage Fund Direct - Growth
NAV as of ( Sep 09, 2022 )
₹ 12.19 0.0 % 1-D Change
Returns
12.05% p.a.
You get upto 1.81% extra returns
ET Money's Fund Report Card - PGIM India Balanced Advantage Fund
Sorry! A report card for this scheme is not available because it has been in existence for less than 3 years.
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Monthly SIP
Monthly SIP is not available for this fund
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Lumpsum
Lumpsum is not available for this fund
₹
Minimum SIP amount is ₹
₹
Minimum Lumpsum amount is ₹
Fresh Investments closed in this fund!
This fund is no longer available to invest
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Scheme Details
| ET Money Rank | Not yet ranked |
| VRO Rating | |
| Expense ratio | 0.31% As on Apr 30, 2022 |
| Exit Load |
0.5%
|
| AUM (Fund Size) | ₹ 1,542 Crs |
| Lock-in | No Lockin |
| Age | 1 yrs 7 m Since Jan 15, 2021 |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Min. Investment |
SIP ₹ 1000 & Lumpsum ₹ 5000 |
About PGIM India Balanced Advantage Fund
PGIM India Balanced Advantage Fund Direct - Growth is a Dynamic Asset Allocation mutual fund scheme from
Pgim India Mutual Fund
. This fund has been in existence for 1 yrs 7 m, having been launched on 15/01/2021. PGIM India Balanced Advantage Fund Direct - Growth has ₹1,542 Crores worth of assets under management (AUM) as on 30/06/2022 and is medium-sized fund of its category. The fund has an expense ratio of 0.31%, which is less than what most other
Dynamic Asset Allocation
funds charge. Currently, the fund has a 76.27% allocation to equity and 23.50% to Debt.
.....
- PGIM India Balanced Advantage Fund Direct - Growth returns of last 1-year are 6.74%. Since launch, it has delivered 13.22% average annual returns.
- The fund's equity portion is primarily invested in Financial, Consumer Staples, Automobile, Capital Goods, Technology sectors. It has taken less exposure in Financial, Consumer Staples sectors compared to other funds in the category.
- The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
- The fund's top 5 holdings are in ICICI Bank Ltd., HDFC Bank Ltd., SBI Cards & Payments Services Ltd., Infosys Ltd., Reserve Bank of India.
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Investment Returns Calculator
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Latest Asset & Portfolio Allocation
as on Apr 30, 2022
Top Stock Holdings
Allocation by Market Cap
Large Cap 51.37%
Mid Cap 14.23%
Small Cap 10.67%
Other Cap 0%
Allocation by Sector
Financial 26.76%
Consumer Staples 11.95%
Automobile 11.14%
Capital Goods 10.48%
Top Debt Holdings
Others 4.43%
Reserve Bank of India 3.77%
GOI 1.73%
LIC Housing Finance Ltd. 1.64%
Allocation by Credit Quality
Cash & Call Money 11.88%
AAA 8.43%
SOV 3.42%
Allocation by Instruments
CBLO 11.65%
Debenture 4.2%
Treasury Bills 3.19%
Bonds 2.67%
Other Holdings
Bifurcation by Holding is not available for this fund
Comparison with dynamic asset allocation Funds
as on Sep 12, 2022| Fund name | Annual Return % | Consistency | Value Research Rating |
|---|---|---|---|
| HDFC Balanced Advantage Fund | 17.1% | ||
| Franklin India Dynamic Asset Allocation FoF | 10.48% | ||
| ICICI Prudential Balanced Advantage Fund | 9.13% | ||
| Sundaram Balanced Advantage Fund | 8.13% | ||
| Tata Balanced Advantage Fund | 6.76% | ||
| SBI Balanced Advantage Fund | 6.66% | ||
| PGIM India Balanced Advantage Fund | 6.65% |
Trailing Returns and Ranks
as on May 30, 2022| Period | Trailing returns | Category average | Rank within category |
|---|---|---|---|
| 1 month | 2.7% | 1.62% | 2 / 20 |
| 3 months | 12.45% | 9.58% | 2 / 19 |
| 6 months | 6.65% | 6.26% | 6 / 19 |
| 1 year | 6.65% | 5.68% | 7 / 19 |
Riskometer
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
PGIM India Balanced Advantage Fund
HYBRID DYNAMIC ASSET ALLOCATION
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.
- Std. Dev : -
- Alpha : -
- Beta : -
- Sharpe : -
- Sortino : -
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Aniruddha Naha
Mr. Naha has done Masters in Finance & Control.
Aniruddha Naha is Senior Fund Manager ??? Equity at PGIM India Asset Management Pvt. Ltd. He is the fund manager for PGIM India Diversified Equity Fund and PGIM India Midcap Opportunities Fund Aniruddha has done his Masters in Finance & Control and has over 18 years of industry experience in the equity and debt market. In his last assignment, Aniruddha was Portfolio Manager - Avendus Wealth Management Pvt. Ltd. where he was their Head of PMS, Equity and managed 2 mandates: Avendus India Alpha Fund and the Midcap Fund. Prior to that Aniruddha was was Fund Manager - IDFC Asset Management Company Ltd. and managed an AUM of Rs.1600Crs across 3 funds in the diversified and midcap space. Aniruddha has also had stints as Portfolio Manager - Mirae Asset Global Investments (Hong Kong) Ltd. and as Fund Manager - DSP BlackRock Investment Managers Pvt. Ltd.
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Hitash Dang
Mr. Dang is Bcom and MBA (PGDBA)
Prior to joining PGIM India Mutual Fund he has worked in Jaypee Capital Service Ltd. in Institutional Sales in Equity Markets and Multiflex Lami Print Ltd. in Business development.
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Puneet Pal
Mr. Pal is a B.Com (H) and MBA from SIBM Pune.
Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
PGIM India Mutual Fund
TOTAL AUM:
₹17,206 Crs
As on Jun 30, 2022
- Phone: 022-61593000 / 1800-266-2667
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Address: 4th Floor, C Wing,
Laxmi Towers,
Bandra Kurla Complex, Bandra (East),
Mumbai, 400051
