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Unrated

PGIM India Balanced Advantage Fund - Regular Plan


Suitability:

When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -- 0.30 -0.39 -- -- -- -- -- -- -- --
VR Balanced TRI -- 0.66 -0.09 -- -- -- -- -- -- -- --
Hybrid: Dynamic Asset Allocation -- 0.30 -0.23 -- -- -- -- -- -- -- --
Rank within category -- 13 20 -- -- -- -- -- -- -- --
Number of funds in category 25 26 26 25 25 25 24 15 12 7 6

As on 25-Feb-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 17.83 10.46 13.63 1.76 28,257
Aditya Birla Sun Life Balanced Advantage Fund  | Invest Online
4 star
Apr-00 19.10 9.61 14.15 2.04 2,618
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 27.85 12.55 13.20 2.01 2,464
Union Balanced Advantage Fund - Regular Plan
5 star
Dec-17 25.43 12.27 -- 2.50 634
HDFC Balanced Advantage Fund  | Invest Online
Unrated
Feb-94 25.54 9.21 15.88 1.74 38,279

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.59 10-Feb-2021 - 17-Feb-2021 -0.10 12-Feb-2021 - 19-Feb-2021
Month -- - -- -
Quarter -- - -- -
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 9.86 18.29 0.28 0.34 -- --
Hybrid: Dynamic Asset Allocation* 6.50 12.44 0.14 0.18 0.63 -1.41
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Jan-2021

Asset Allocation (%)

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Concentration & Valuation

The underlying data is unavailable.

Credit Rating vis-à-vis Category

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Sector Allocation vis-à-vis Category

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Top Equity Holdings

The underlying data is unavailable.

As on

Fund Manager

— Aniruddha Naha since 15-Jan-2021

Education: Mr. Naha holds an MFC degree.

Experience: Prior to joining PGIM India he has worked with IDFC AMC, Naha Fund Management & Control, an offshore advisory for Mirae AMC and DSP Mutual Fund.

Interviews:

Funds Managed:

— Kumaresh Ramakrishnan since 15-Jan-2021

Education: Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).

Experience: Prior to joining PGIM India Mutual Fund he has worked with DWS AMC, Societe Generale and CARE.

Funds Managed:


0.30%

Change from previous, NAV as on 25-Feb-2021

Growth: ₹ 10.1800

Dividend: ₹ 10.1800


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 5
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,0.5% will be charged for redemption within 90 days

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 04-Feb-2021
Return Since Launch: 1.80%
Benchmark: CRISIL Hybrid 50+50 Moderate TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ -- Cr (As on )
Expense: -- (As on )
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: PGIM India Asset Management Pvt. Ltd.

Address: 2nd Floor - Nirlon House, Dr. Annie Besant Road, Worli, Mumbai - 400030

Phone: 022-61593000 / 1800-266-2667

Email: [email protected]

Website: https://www.pgimindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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time12:30 PM - 01:00 PM