10.1
10.23
1
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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| 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
| 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 |  |
Dec-06 | 17.83 | 10.46 | 13.63 | 1.76 | 28,257 |
| Aditya Birla Sun Life Balanced Advantage Fund | Invest Online | |
Apr-00 | 19.10 | 9.61 | 14.15 | 2.04 | 2,618 |
| Edelweiss Balanced Advantage Fund - Regular Plan | Invest Online |  |
Aug-09 | 27.85 | 12.55 | 13.20 | 2.01 | 2,464 |
| Union Balanced Advantage Fund - Regular Plan | |
Dec-17 | 25.43 | 12.27 | -- | 2.50 | 634 |
| HDFC Balanced Advantage Fund | Invest Online | Feb-94 | 25.54 | 9.21 | 15.88 | 1.74 | 38,279 |
| 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 | -- | - | -- | - |
| 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.
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* As on 31-Jan-2021
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— 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:
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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.
| 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 |
| 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: | -- |
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
Friday, 26-Feb-2021
12:30 PM - 01:00 PM