PGIM India Balanced Advantage Fund
- NAV as on 6 Nov 2026
- ₹15.32+1.12%1 day
- Return since launch
- 7.4%
- 52-week range
- ₹13.98 — ₹15.73
- AUM
- ₹681 Cr
PGIM India Balanced Advantage Fund is a Dynamic Asset Allocation hybrid fund from PGIM India Mutual Fund with ₹681 Cr under management, launched in 2021. Over three years it has returned 3.5% a year, against 9.2% for its category. The expense ratio is 2.51% and the SEBI riskometer reading is Very High.
Performance
PGIM India Balanced Advantage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -1.0% against +2.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.0% | +2.2 pts | 1.9% | 5.8% |
| 2Y | 2.6% | −2.0 pts | 4.6% | 4.8% |
| 3Y | 3.5% | −5.7 pts | 9.2% | 5.2% |
| 5Y | 5.8% | −2.2 pts | 8.1% | 7.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 6.2% | +2.2 pts | 4.0% | 4.8% |
| 3M | -0.1% | −0.3 pts | 0.1% | 0.1% |
| 6M | 1.8% | −0.7 pts | 2.5% | 4.0% |
| 1Y | -1.0% | −2.9 pts | 1.9% | 2.0% |
| 2Y | 1.7% | −1.4 pts | 3.1% | 3.6% |
| 3Y | 7.0% | −2.2 pts | 9.2% | 8.9% |
| 5Y | 6.0% | −2.1 pts | 8.1% | 7.7% |
Since launch (15 Jan 2021): 7.4%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.1% | −0.5 pts | 6.7% |
| 2024 | 10.1% | −4.1 pts | 14.2% |
| 2023 | 15.5% | −4.5 pts | 20.0% |
| 2022 | 1.1% | −4.0 pts | 5.1% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.48%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.04%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.41%
- Exit load
- Exit load of 0.5%, if redeemed within 90 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Hybrid 50+50 Moderate Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.07 | 1.25 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.02 | 0.48 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.03 | 0.63 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 10.31 | 10.86 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
PGIM India Balanced Advantage Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity76.9%
- Debt23.1%
Market cap split
- Large73.6%
- Mid24.9%
- Small1.5%
- P/E
- 22.69
- P/B
- 3.32
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 6.28% | ₹42.75 Cr | +11.98% | +11.04% | +14.18% |
| ICICI Bank Ltd. | Financial | 5.91% | ₹40.20 Cr | +5.57% | +4.27% | +6.55% |
| Others | Others | 4.77% | ₹32.30 Cr | +4.90% | +3.02% | +2.24% |
| Reliance Industries Ltd. | Energy | 4.07% | ₹27.67 Cr | +4.49% | +5.22% | +5.70% |
| Muthoot Finance Ltd. | Financial | 3.78% | ₹25.75 Cr | +5.55% | +5.25% | +3.75% |
| Bharti Airtel Ltd. | Communication | 3.21% | ₹21.88 Cr | +3.13% | +2.40% | +2.21% |
| State Bank of India | Financial | 2.40% | ₹16.37 Cr | +2.42% | +2.16% | — |
| Infosys Ltd. | Technology | 1.88% | ₹12.80 Cr | +1.32% | +1.62% | +2.40% |
| Larsen & Toubro Ltd. | Construction | 1.85% | ₹12.60 Cr | +1.96% | +1.62% | +1.48% |
| Bajaj Finance Ltd. | Financial | 1.84% | ₹12.49 Cr | +1.84% | +1.57% | +1.84% |
| Eternal Ltd. | Services | 1.62% | ₹11.05 Cr | +1.31% | +1.11% | +2.27% |
| Axis Bank Ltd. | Financial | 1.61% | ₹10.96 Cr | +2.78% | +2.26% | +2.46% |
| Power Finance Corporation Ltd. | Financial | 1.51% | ₹10.31 Cr | +1.80% | +1.68% | +1.10% |
| NTPC Ltd. | Energy | 1.49% | ₹10.15 Cr | +1.56% | +1.00% | +0.67% |
| Titan Company Ltd. | Consumer Discretionary | 1.47% | ₹10.03 Cr | +1.38% | +1.24% | +0.92% |
| Fedbank Financial Services Ltd. | Financial | 1.43% | ₹9.75 Cr | +1.24% | +1.17% | — |
| TVS Motor Company Ltd. | Automobile | 1.42% | ₹9.66 Cr | +1.14% | +1.05% | +0.93% |
| Varun Beverages Ltd. | Consumer Staples | 1.31% | ₹8.90 Cr | +2.34% | +1.21% | +1.44% |
| Solar Industries India Ltd. | Chemicals | 1.28% | ₹8.72 Cr | +1.07% | +0.64% | +0.61% |
| Mahindra & Mahindra Ltd. | Automobile | 1.27% | ₹8.63 Cr | +1.16% | +1.16% | +1.17% |
| SRF Ltd. | Chemicals | 1.23% | ₹8.40 Cr | +1.31% | +1.27% | +1.28% |
| Tata Consultancy Services Ltd. | Technology | 1.20% | ₹8.15 Cr | +0.77% | +0.89% | +1.50% |
| Divi's Laboratories Ltd. | Healthcare | 1.13% | ₹7.70 Cr | +0.76% | +0.84% | +0.69% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 1.09% | ₹7.43 Cr | +1.07% | +0.64% | +0.87% |
| Torrent Power Ltd. | Energy | 1.06% | ₹7.24 Cr | +1.07% | +0.92% | +0.52% |
| Kotak Mahindra Bank Ltd. | Financial | 1.05% | ₹7.12 Cr | +0.87% | +0.72% | — |
| JK Cement Ltd. | Materials | 1.01% | ₹6.90 Cr | +0.96% | +0.83% | +1.02% |
| JSW Steel Ltd. | Metals & Mining | 1.01% | ₹6.89 Cr | +1.00% | +0.87% | — |
| Bharat Electronics Ltd. | Capital Goods | 0.98% | ₹6.68 Cr | +0.92% | +0.83% | +0.73% |
| Prestige Estates Projects Ltd. | Construction | 0.98% | ₹6.65 Cr | +0.91% | +0.44% | +0.52% |
| NHPC Ltd. | Energy | 0.97% | ₹6.60 Cr | +0.87% | +0.83% | +0.72% |
| UNO Minda Ltd. | Automobile | 0.96% | ₹6.52 Cr | +0.79% | +0.69% | +0.75% |
| Vishal Mega Mart Ltd. | Services | 0.95% | ₹6.46 Cr | +0.98% | +0.90% | +0.70% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.93% | ₹6.30 Cr | +0.90% | +0.45% | — |
| LTM Limited | Technology | 0.93% | ₹6.35 Cr | +0.72% | +0.75% | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.93% | ₹6.32 Cr | +0.94% | +0.82% | — |
| JSW Infrastructure Ltd. | Services | 0.92% | ₹6.27 Cr | +0.73% | +0.50% | — |
| FSN E-Commerce Ventures Ltd. | Services | 0.91% | ₹6.18 Cr | +0.78% | +0.54% | — |
| Abbott India Ltd. | Healthcare | 0.90% | ₹6.11 Cr | — | — | +1.18% |
| Eicher Motors Ltd. | Automobile | 0.89% | ₹6.07 Cr | +0.78% | +0.67% | — |
| Bharat Petroleum Corporation Ltd. | Energy | 0.85% | ₹5.81 Cr | +0.76% | +0.44% | — |
| The Federal Bank Ltd. | Financial | 0.84% | ₹5.72 Cr | +0.46% | +0.33% | — |
| Max Healthcare Institute Ltd. | Healthcare | 0.83% | ₹5.66 Cr | +0.89% | +0.70% | +1.09% |
| Persistent Systems Ltd. | Technology | 0.81% | ₹5.51 Cr | +0.59% | +0.74% | +0.63% |
| Hindalco Industries Ltd. | Metals & Mining | 0.80% | ₹5.45 Cr | +0.88% | +0.69% | — |
| Jindal Steel Ltd. | Metals & Mining | 0.79% | ₹5.37 Cr | +0.65% | +0.58% | — |
| Tech Mahindra Ltd. | Technology | 0.78% | ₹5.32 Cr | +0.64% | +0.58% | — |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.76% | ₹5.16 Cr | +0.36% | +0.52% | +0.88% |
| SJS Enterprises Ltd. | Automobile | 0.76% | ₹5.18 Cr | +0.66% | — | — |
| Ultratech Cement Ltd. | Materials | 0.76% | ₹5.17 Cr | +0.69% | +0.71% | +0.70% |
| Infina Finance Pvt. Ltd. | Financial | 0.73% | ₹4.95 Cr | +0.63% | +0.60% | — |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 0.73% | ₹5.00 Cr | +0.66% | +0.63% | +0.54% |
| AU Small Finance Bank Ltd. | Financial | 0.70% | ₹4.79 Cr | +0.64% | +0.48% | — |
| United Spirits Ltd. | Consumer Staples | 0.70% | ₹4.76 Cr | +0.62% | +0.97% | +1.01% |
| Cummins India Ltd. | Capital Goods | 0.68% | ₹4.61 Cr | +0.71% | +0.62% | +1.07% |
| Suzlon Energy Ltd. | Capital Goods | 0.63% | ₹4.30 Cr | +0.83% | — | — |
| Aster DM Quality Care Ltd. | Healthcare | 0.62% | ₹4.21 Cr | +0.61% | +0.66% | +0.82% |
| Multi Commodity Exchange Of India Ltd. | Services | 0.61% | ₹4.13 Cr | +0.46% | +0.65% | +0.68% |
| Info Edge (India) Ltd. | Services | 0.60% | ₹4.06 Cr | +0.42% | +0.38% | — |
| Shriram Finance Ltd | Financial | 0.59% | ₹4.00 Cr | +0.82% | +0.64% | +0.22% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.59% | ₹4.02 Cr | — | — | — |
| Nestle India Ltd. | Consumer Staples | 0.58% | ₹3.96 Cr | +0.55% | +0.33% | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.58% | ₹3.98 Cr | +0.63% | +1.23% | +0.43% |
| Maruti Suzuki India Ltd. | Automobile | 0.57% | ₹3.88 Cr | +0.59% | +0.71% | +1.00% |
| Nippon Life India Asset Management Ltd. | Financial | 0.56% | ₹3.79 Cr | +0.53% | — | — |
| Marico Ltd. | Consumer Staples | 0.51% | ₹3.45 Cr | +0.48% | — | — |
| Tube Investments Of India Ltd. | Automobile | 0.51% | ₹3.49 Cr | +0.58% | +0.70% | +0.74% |
| Lupin Ltd. | Healthcare | 0.49% | ₹3.31 Cr | +0.77% | — | — |
| Asian Paints Ltd. | Materials | 0.41% | ₹2.79 Cr | +0.40% | +0.30% | — |
| Blue Star Ltd. | Consumer Discretionary | 0.38% | ₹2.58 Cr | +0.36% | +0.34% | +0.69% |
| ITC Ltd. | Consumer Staples | 0.38% | ₹2.56 Cr | +0.36% | +0.33% | +0.53% |
| Mrs. Bectors Food Specialities Ltd. | Consumer Staples | 0.37% | ₹2.50 Cr | +0.28% | +0.26% | +0.31% |
| Ashok Leyland Ltd. | Automobile | 0.36% | ₹2.44 Cr | +0.32% | +0.29% | — |
| GE Vernova T&D India Ltd | Capital Goods | 0.34% | ₹2.34 Cr | +0.36% | +0.24% | — |
| Aditya Birla Finance Ltd. | Financial | 0.29% | ₹1.99 Cr | +0.26% | +0.25% | +0.22% |
| GOI | Sovereign | 0.27% | ₹1.84 Cr | +0.25% | +0.23% | +0.31% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:5500 | 1.32% | 0.00% | -1.32% |
| company:1529 | 0.68% | 0.00% | -0.68% |
| Others | 4.16% | 4.82% | +0.66% |
| company:14899 | 0.54% | 0.00% | -0.54% |
| HDFC Bank Ltd. | 4.99% | 5.41% | +0.42% |
| Varun Beverages Ltd. | 1.12% | 1.31% | +0.19% |
| Muthoot Finance Ltd. | 1.95% | 2.13% | +0.18% |
| Bharti Airtel Ltd. | 3.05% | 3.21% | +0.16% |
| Fedbank Financial Services Ltd. | 1.31% | 1.43% | +0.12% |
| Abbott India Ltd. | 0.79% | 0.90% | +0.11% |
| JSW Infrastructure Ltd. | 0.81% | 0.92% | +0.11% |
| Infosys Ltd. | 1.98% | 1.88% | -0.10% |
| NTPC Ltd. | 1.39% | 1.49% | +0.10% |
| Torrent Power Ltd. | 0.96% | 1.06% | +0.10% |
| Eternal Ltd. | 1.53% | 1.62% | +0.09% |
| Tata Consultancy Services Ltd. | 1.29% | 1.20% | -0.09% |
| ICICI Bank Ltd. | 5.99% | 5.91% | -0.08% |
| Kotak Mahindra Bank Ltd. | 0.97% | 1.05% | +0.08% |
| Solar Industries India Ltd. | 1.20% | 1.28% | +0.08% |
| ICICI Lombard General Insurance Company Ltd. | 0.69% | 0.76% | +0.07% |
| JK Cement Ltd. | 0.94% | 1.01% | +0.07% |
| NHPC Ltd. | 0.90% | 0.97% | +0.07% |
| Suzlon Energy Ltd. | 0.70% | 0.63% | -0.07% |
| Divi's Laboratories Ltd. | 1.06% | 1.13% | +0.07% |
| Infina Finance Pvt. Ltd. | 0.67% | 0.73% | +0.06% |
| State Bank of India | 2.45% | 2.40% | -0.05% |
| SRF Ltd. | 1.18% | 1.23% | +0.05% |
| Jamnagar Utilities and Power Pvt. Ltd. | 0.68% | 0.73% | +0.05% |
| HDFC Life Insurance Co Ltd. | 0.89% | 0.93% | +0.04% |
| JSW Steel Ltd. | 0.97% | 1.01% | +0.04% |
| Reliance Industries Ltd. | 4.03% | 4.07% | +0.04% |
| TVS Motor Company Ltd. | 1.38% | 1.42% | +0.04% |
| Titan Company Ltd. | 1.51% | 1.47% | -0.04% |
| Tube Investments Of India Ltd. | 0.55% | 0.51% | -0.04% |
| Blue Star Ltd. | 0.34% | 0.38% | +0.04% |
| ITC Ltd. | 0.34% | 0.38% | +0.04% |
| Small Industries Devp. Bank of India Ltd. | 0.54% | 0.58% | +0.04% |
| Axis Bank Ltd. | 1.29% | 1.32% | +0.03% |
| Jindal Steel Ltd. | 0.76% | 0.79% | +0.03% |
| Mahindra & Mahindra Ltd. | 1.30% | 1.27% | -0.03% |
| Max Healthcare Institute Ltd. | 0.86% | 0.83% | -0.03% |
| Multi Commodity Exchange Of India Ltd. | 0.58% | 0.61% | +0.03% |
| Nestle India Ltd. | 0.61% | 0.58% | -0.03% |
| Power Finance Corporation Ltd. | 0.75% | 0.78% | +0.03% |
| The Federal Bank Ltd. | 0.87% | 0.84% | -0.03% |
| Ultratech Cement Ltd. | 0.73% | 0.76% | +0.03% |
| LTM Limited | 0.96% | 0.93% | -0.03% |
| Ashok Leyland Ltd. | 0.38% | 0.36% | -0.02% |
| Bajaj Finance Ltd. | 1.86% | 1.84% | -0.02% |
| Eicher Motors Ltd. | 0.91% | 0.89% | -0.02% |
| GOI | 0.25% | 0.27% | +0.02% |
| Marico Ltd. | 0.49% | 0.51% | +0.02% |
| Maruti Suzuki India Ltd. | 0.59% | 0.57% | -0.02% |
| Persistent Systems Ltd. | 0.79% | 0.81% | +0.02% |
| Shriram Finance Ltd | 0.46% | 0.44% | -0.02% |
| Torrent Pharmaceuticals Ltd. | 0.57% | 0.59% | +0.02% |
| Aditya Birla Finance Ltd. | 0.27% | 0.29% | +0.02% |
| Asian Paints Ltd. | 0.42% | 0.41% | -0.01% |
| Bharat Electronics Ltd. | 0.97% | 0.98% | +0.01% |
| Bharat Petroleum Corporation Ltd. | 0.84% | 0.85% | +0.01% |
| CG Power and Industrial Solutions Ltd. | 1.08% | 1.09% | +0.01% |
| Cummins India Ltd. | 0.67% | 0.68% | +0.01% |
| Info Edge (India) Ltd. | 0.59% | 0.60% | +0.01% |
| Larsen & Toubro Ltd. | 1.84% | 1.85% | +0.01% |
| Lupin Ltd. | 0.48% | 0.49% | +0.01% |
| Prestige Estates Projects Ltd. | 0.99% | 0.98% | -0.01% |
| SJS Enterprises Ltd. | 0.77% | 0.76% | -0.01% |
| Tech Mahindra Ltd. | 0.77% | 0.78% | +0.01% |
| United Spirits Ltd. | 0.71% | 0.70% | -0.01% |
| Vishal Mega Mart Ltd. | 0.96% | 0.95% | -0.01% |
| company:20133 | 0.01% | 0.00% | -0.01% |
| Sun Pharmaceutical Industries Ltd. | 0.94% | 0.93% | -0.01% |
| AU Small Finance Bank Ltd. | 0.70% | 0.70% | 0.00% |
| Aster DM Quality Care Ltd. | 0.62% | 0.62% | 0.00% |
| FSN E-Commerce Ventures Ltd. | 0.91% | 0.91% | 0.00% |
| GE Vernova T&D India Ltd | 0.34% | 0.34% | 0.00% |
| Hindalco Industries Ltd. | 0.80% | 0.80% | 0.00% |
| Mrs. Bectors Food Specialities Ltd. | 0.37% | 0.37% | 0.00% |
| Nippon Life India Asset Management Ltd. | 0.56% | 0.56% | 0.00% |
| UNO Minda Ltd. | 0.96% | 0.96% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹18,275 Cr | 2.11% | 7.0% | 6.8% | 10.2% |
| ₹71,913 Cr | 1.52% | 8.7% | 8.5% | 10.4% | |
| ₹9,836 Cr | 1.96% | 10.4% | 8.9% | 10.4% | |
| ₹5,162 Cr | 2.04% | 7.3% | 7.5% | 10.3% | |
| ₹3,651 Cr | 2.18% | 7.2% | 6.7% | 9.6% | |
| ₹810 Cr | 2.84% | 1.2% | 2.2% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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.
Fund managers
- Anandha Padmanabhan AnjeneyanMr. Anjeneyan is a B. Com, ACA, CFA, FRMPrior to joining PGIM India Asset Management Pvt Ltd, he has worked with Renaissance Investment Managers Private Limited, Canara Robeco Asset Management Company Limited.
- Puneet PalMr. 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.
- Utsav MehtaMr. Mehta has done B.Com and CFAPrior to joining PGIM Mutual Fund, he has worked with Edelweiss Asset Management Ltd and Ambit Capital
- Vinay PahariaMr. 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).
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months1.79% absolute | ₹60,000 | ₹61,074 | 1.79% | |
| 1 year−1.03% annualised | ₹1,20,000 | ₹1,19,333 | −0.56% | |
| 3 years6.99% annualised | ₹3,60,000 | ₹4,01,567 | 11.55% | |
| 5 years6.00% annualised | ₹6,00,000 | ₹7,01,189 | 16.86% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.