PGIM India Balanced Advantage Fund

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

The PGIM India Balanced Advantage Fund is a 4 yrs 10 m old fund and has delivered average annual returns of 9.24% since inception. PGIM India Balanced Advantage Fund Returns 1-Year 3-Year Since Inception 4.62% 9.69% 9.24%

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹15.61+0.0% 1 day change	9.24% p.a.	App exclusive #NA View Ranked Funds	₹953 Cr

Historical NAV & returns

NAV: ₹15.61 as on Dec 04, 2025

This fund Category average

PGIM India Balanced Advantage Fund overview

AUM (Fund size)	₹953 Cr
Exit load	0.5% Exit load of 0.5%, if redeemed within 90 days.!
Lock-in Period	Nil
Age	4 yrs 10 m since Jan 15, 2021
Benchmark	CRISIL Hybrid 50+50 Moderate Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	2.2% as on Nov 30, 2025
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 Dec 01, 2025

Period	This fund	Category average
1 Month	0.39%	0.82%
3 Months	2.29%	2.75%
6 Months	3.65%	3.19%
1 Year	4.62%	3.72%
2 Years	9.85%	10.42%
3 Years	9.69%	11.39%
4 Years	8.46%	10.1%

Asset allocationas on Oct 31, 2025

Large Cap 49.16%

Mid Cap 14.77%

Small Cap 3.22%

Other Cap 0%

Top holdings

HDFC Bank Ltd.7.24%

ICICI Bank Ltd.6.44%

Reliance Industries Ltd.6.11%

Infosys Ltd.2.43%

Top sectors

Financial 18.16%

Energy 7.3100000000000005%

Services 5.73%

Healthcare 5.59%

SOV 24.58%

AAA 4.65%

A1+ 2.02%

Cash & Call Money 1.49%

Top Debt Holdings

Others 1.91%

Power Finance Corporation Ltd. 1.33%

Small Industries Devp. Bank of India Ltd. 0.75%

REC Ltd. 0.74%

Allocation by Instruments

GOI Securities 24.280000000000005%

Debenture 3.3%

CBLO 1.91%

Commercial Paper 1.51%

Other Holdings

Bifurcation by Holding is not available for this fund

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
PGIM India Balanced Advantage Fund	0.39%	3.65%	4.62%	9.69%	N.A.	N.A.
ICICI Prudential Balanced Advantage Fund	1.34%	6.64%	10.66%	13.38%	13.32%	11.44%
Franklin India Dynamic Asset Allocation Active FoF	0.0%	2.9%	4.78%	12.55%	16.72%	10.41%
Tata Balanced Advantage Fund	0.2%	3.97%	4.27%	10.45%	11.62%	7.68%
Nippon India Balanced Advantage Fund	0.1%	4.47%	5.79%	11.83%	12.42%	10.82%
Axis Balanced Advantage Fund	0.56%	4.04%	5.36%	13.7%	12.23%	7.94%

Fund name	Std. deviation	Beta	Sharpe	Sortino
PGIM India Balanced Advantage Fund	8.25	0.82	0.43	0.71
ICICI Prudential Balanced Advantage Fund	5.46	0.55	1.19	1.76
Franklin India Dynamic Asset Allocation Active FoF	6.35	0.63	0.95	1.44
Tata Balanced Advantage Fund	6.53	0.67	0.63	0.96
Nippon India Balanced Advantage Fund	6.92	0.72	0.78	1.14
Axis Balanced Advantage Fund	7.48	0.75	0.94	1.5

Fund name	ETM Rank	AUM	Fund age	Expense ratio
PGIM India Balanced Advantage Fund	N.A.	953 Cr	4 yrs 10 m	2.2%
ICICI Prudential Balanced Advantage Fund	N.A.	68,450 Cr	19 yrs 1 m	1.43%
Franklin India Dynamic Asset Allocation Active FoF	N.A.	1,309 Cr	22 yrs 1 m	2.08%
Tata Balanced Advantage Fund	N.A.	9,906 Cr	6 yrs 11 m	1.71%
Nippon India Balanced Advantage Fund	N.A.	9,662 Cr	21 yrs 1 m	1.74%
Axis Balanced Advantage Fund	N.A.	3,721 Cr	8 yrs 5 m	1.91%

View all Dynamic Asset Allocation funds

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

Alpha	-1.61 vs. 3.21 Underperformed at beating benchmark
Sharpe	0.43 vs. 3.07 Poor risk-adjusted returns
Beta	0.82 vs. 0.65 More sensitive to market's ups & downs
Standard deviation	8.25 vs. 5.56 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 4 yrs 10 m, having been launched on 15/01/2021. PGIM India Balanced Advantage Fund has ₹953 Crores worth of assets under management (AUM) as on 31/10/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of PGIM India Balanced Advantage Fund as of 04/12/2025 is ₹15.61. The fund has an expense ratio of 2.2%, which is higher than what most other Dynamic Asset Allocation funds charge. Currently, the fund has a 67.15% allocation to equity and 33.27% to Debt.

PGIM India Balanced Advantage Fund returns of last 1-year are 4.21%. Since launch, it has delivered 9.65% 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, Services, Healthcare, Technology 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., ICICI Bank Ltd., Reliance Industries Ltd., Infosys Ltd., Bharti Airtel Ltd..

...

Fund AUM	953 Cr as on Oct 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	26,927 Cr as on Sep 30, 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.	216 Cr	4.4%	11.7%
PGIM India Equity Savings Fund	N.A.	69 Cr	5.7%	7.86%
PGIM India Arbitrage Fund	N.A.	102 Cr	5.8%	5.39%

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 ₹15.61 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The PGIM India Balanced Advantage Fund is a 4 yrs 10 m old fund and has delivered average annual returns of 9.24% since inception.

PGIM India Balanced Advantage Fund Returns

1-Year	3-Year	Since Inception
4.62%	9.69%	9.24%

How much does this mutual fund charge as expense ratio?

The PGIM India Balanced Advantage Fund has an expense ratio of 2.2%, 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 953 Cr as on Oct 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.	7.24%
ICICI Bank Ltd.	6.44%
Reliance Industries Ltd.	6.11%
Infosys Ltd.	2.43%
Bharti Airtel Ltd.	2.37%
Eternal Ltd.	2.18%
Bajaj Finance Ltd.	1.89%
Larsen & Toubro Ltd.	1.61%
Tata Consultancy Services Ltd.	1.56%
Varun Beverages Ltd.	1.5%

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	18.16%
Energy	7.3100000000000005%
Services	5.73%
Healthcare	5.59%
Technology	4.75%
Consumer Staples	4.5%
Automobile	4.32%
Capital Goods	3.5%
Materials	2.9000000000000004%
Chemicals	2.63%

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
Others	1.91%
Power Finance Corporation Ltd.	1.33%
Small Industries Devp. Bank of India Ltd.	0.75%

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	24.58%
AAA	4.65%
A1+	2.02%

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.

ET Money rank

App exclusive

in Dynamic Asset Allocation

#NA

Return Outperformance: This fund has generated highest return amongst Dynamic Asset Allocation funds in the last 1 Year.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.5%, if redeemed within 90 days.