PGIM India Balanced Advantage Fund

Q: What are the returns of this mutual fund scheme?

The PGIM India Balanced Advantage Fund is a 5 yrs old fund and has delivered average annual returns of 8.14% since inception. PGIM India Balanced Advantage Fund Returns 1-Year 3-Year Since Inception 4.16% 9.24% 8.14%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹15.03-0.73% 1 day change	8.14% p.a.	App exclusive #NA View Ranked Funds	₹929 Cr

Historical NAV & returns

NAV: ₹15.03 as on Feb 02, 2026

This fund Category average

PGIM India Balanced Advantage Fund overview

AUM (Fund size)	₹929 Cr
Exit load	0.5% Exit load of 0.5%, if redeemed within 90 days.!
Lock-in Period	Nil
Age	5 yrs since Jan 15, 2021
Benchmark	CRISIL Hybrid 50+50 Moderate Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	2.23% as on Feb 02, 2026
Plan type	Regular
Risk	Very High

PGIM India Balanced Advantage Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-3.53%	-2.78%
3 Months	-3.53%	-2.21%
6 Months	-1.89%	0.4%
1 Year	4.16%	5.64%
2 Years	6.55%	6.8%
3 Years	9.24%	11.19%
4 Years	7.25%	9.03%

Asset allocationas on Dec 31, 2025

Large Cap 49.9%

Mid Cap 12.68%

Small Cap 3.27%

Other Cap 0%

Top holdings

HDFC Bank Ltd.7.35%

Reliance Industries Ltd.6.53%

ICICI Bank Ltd.6.5%

Infosys Ltd.2.5%

Top sectors

Financial 18.05%

Energy 7.72%

Technology 5.960000000000001%

Healthcare 5.05%

SOV 24.45%

AAA 4.76%

A1+ 2.62%

Cash & Call Money 2.20999999%

Top Debt Holdings

Bank Of Baroda 1.36%

Power Finance Corporation Ltd. 1.35%

Others 1.33%

Small Industries Devp. Bank of India Ltd. 0.77%

Allocation by Instruments

GOI Securities 24.450000000000003%

Debenture 3.37%

Certificate of Deposit 1.36%

CBLO 1.33%

Other Holdings

Others 0.88%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
PGIM India Balanced Advantage Fund	-3.53%	-1.89%	4.16%	9.24%	N.A.	N.A.
ICICI Prudential Balanced Advantage Fund	-2.3%	3.64%	10.16%	13.1%	11.69%	11.91%
Franklin India Dynamic Asset Allocation Active FoF	-2.57%	-0.02%	5.51%	12.65%	14.0%	10.49%
Axis Balanced Advantage Fund	-2.62%	1.83%	5.74%	13.92%	10.53%	7.71%
Tata Balanced Advantage Fund	-2.85%	1.02%	5.5%	10.42%	9.73%	7.47%
DSP Dynamic Asset Allocation Fund	-1.4%	2.34%	8.1%	12.24%	8.8%	9.47%

Fund name	Std. deviation	Beta	Sharpe	Sortino
PGIM India Balanced Advantage Fund	8.25	0.84	0.42	0.72
ICICI Prudential Balanced Advantage Fund	5.47	0.56	1.22	1.74
Franklin India Dynamic Asset Allocation Active FoF	6.27	0.63	1.01	1.53
Axis Balanced Advantage Fund	7.26	0.73	1.06	1.73
Tata Balanced Advantage Fund	6.51	0.68	0.67	0.99
DSP Dynamic Asset Allocation Fund	5.63	0.55	1.04	2.05

Fund name	ETM Rank	AUM	Fund age	Expense ratio
PGIM India Balanced Advantage Fund	N.A.	929 Cr	5 yrs	2.23%
ICICI Prudential Balanced Advantage Fund	N.A.	70,535 Cr	19 yrs 2 m	1.43%
Franklin India Dynamic Asset Allocation Active FoF	N.A.	1,301 Cr	22 yrs 3 m	2.14%
Axis Balanced Advantage Fund	N.A.	3,816 Cr	8 yrs 6 m	1.91%
Tata Balanced Advantage Fund	N.A.	9,691 Cr	7 yrs	1.73%
DSP Dynamic Asset Allocation Fund	N.A.	3,709 Cr	12 yrs	1.88%

View all Dynamic Asset Allocation funds

Key risk & return ratios Compared to other funds in the category

Alpha	-2.27 vs. 3.26 Underperformed at beating benchmark
Sharpe	0.42 vs. 3.04 Poor risk-adjusted returns
Beta	0.84 vs. 0.68 More sensitive to market's ups & downs
Standard deviation	8.25 vs. 5.55 More volatile performance

Compare PGIM India Balanced Advantage Fund in detail with

About this fund

About PGIM India Balanced Advantage Fund

PGIM India Balanced Advantage Fund is a Dynamic Asset Allocation mutual fund scheme from Pgim India Mutual Fund. This fund has been in existence for 5 yrs, having been launched on 15/01/2021. PGIM India Balanced Advantage Fund has ₹929 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of PGIM India Balanced Advantage Fund as of 02/02/2026 is ₹15.03. The fund has an expense ratio of 2.23%, which is higher than what most other Dynamic Asset Allocation funds charge. Currently, the fund has a 65.85% allocation to equity and 33.27% to Debt.

PGIM India Balanced Advantage Fund returns of last 1-year are 4.49%. Since launch, it has delivered 8.50% average annual returns.
PGIM India Balanced Advantage Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's equity portion is primarily invested in Financial, Energy, Technology, Healthcare, Automobile sectors. It has taken less exposure in Financial, Energy 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 HDFC Bank Ltd., Reliance Industries Ltd., ICICI Bank Ltd., Infosys Ltd., Bharti Airtel Ltd..

...

Fund AUM	929 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

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.

Vinay Paharia

Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai. Prior to joining PGIM India Mutual Fund, he was associated with Union Mutual Fund, Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).

Anandha Padmanabhan Anjeneyan

Mr. Anjeneyan is a B. Com, ACA, CFA, FRM Prior to joining PGIM India Asset Management Pvt Ltd, he has worked with Renaissance Investment Managers Private Limited, Canara Robeco Asset Management Company Limited.

Utsav Mehta

Mr. Mehta has done B.Com and CFA Prior to joining PGIM Mutual Fund, he has worked with Edelweiss Asset Management Ltd and Ambit Capital

Investment objective

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.

PGIM India Mutual Fund details

No. of schemes	24 view all schemes
Total AUM	27,546 Cr as on Dec 31, 2025
Address	7th Floor, Radhe Empire, Chandavarkar Road Borivali (W), Mumbai Mumbai, 400092
Phone	+91 22 6159 5441 / 42 , 1800 209 7446

More funds from PGIM India Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
PGIM India Aggressive Hybrid Equity Fund	N.A.	215 Cr	2.2%	9.19%
PGIM India Equity Savings Fund	N.A.	67 Cr	5.16%	6.89%
PGIM India Arbitrage Fund	N.A.	90 Cr	5.91%	5.48%

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of PGIM India Balanced Advantage Fund?

The current Net Asset Value (NAV) of the PGIM India Balanced Advantage Fund plan is approximately ₹15.03 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The PGIM India Balanced Advantage Fund is a 5 yrs old fund and has delivered average annual returns of 8.14% since inception.

PGIM India Balanced Advantage Fund Returns

1-Year	3-Year	Since Inception
4.16%	9.24%	8.14%

How much does this mutual fund charge as expense ratio?

The PGIM India Balanced Advantage Fund has an expense ratio of 2.23%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The PGIM India Balanced Advantage Fund currently has assets under management (AUM) or fund size valued at approximately 929 Cr as on Dec 31, 2025.

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

The PGIM India Balanced Advantage Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
HDFC Bank Ltd.	7.35%
Reliance Industries Ltd.	6.53%
ICICI Bank Ltd.	6.5%
Infosys Ltd.	2.5%
Bharti Airtel Ltd.	2.46%
Eternal Ltd.	1.93%
Bajaj Finance Ltd.	1.81%
Tata Consultancy Services Ltd.	1.66%
Larsen & Toubro Ltd.	1.64%
SRF Ltd.	1.39%

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

The PGIM India Balanced Advantage Fund's equity portion is primarily invested in the following sectors -

Sector	Percentage of Portfolio
Financial	18.05%
Energy	7.72%
Technology	5.960000000000001%
Healthcare	5.05%
Automobile	4.47%
Consumer Staples	4.29%
Services	4.13%
Capital Goods	3.25%
Chemicals	2.69%
Communication	2.46%

To whom does PGIM India Balanced Advantage Fund lend to?

The top 3 debt holdings of PGIM India Balanced Advantage Fund are as follows

Holding Name	Percentage of Portfolio
Bank Of Baroda	1.36%
Power Finance Corporation Ltd.	1.35%
Others	1.33%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The PGIM India Balanced Advantage Fund's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	24.45%
AAA	4.76%
A1+	2.62%

What is risk level of PGIM India Balanced Advantage Fund?

This is a Dynamic Asset Allocation fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

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

Redeeming your investments in the PGIM India Balanced Advantage Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.