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PGIM India Multi Asset Allocation Fund

Multi Asset AllocationVery HighOPEN-ENDED
Invest Now
NAV as on 25 Sep 2026
₹10.42+0.29%1 day
Return since launch
4.3%
52-week range
₹9.56 — ₹10.90
AUM
₹307 Cr

PGIM India Multi Asset Allocation Fund is a Multi Asset Allocation hybrid fund from PGIM India Mutual Fund with ₹307 Cr under management, launched in 2025. The expense ratio is 2.55% and the SEBI riskometer reading is Very High.

Performance

Returns

How the fund has done against its category and its benchmark.

Since launch (11 Nov 2025): 4.3%

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

2.54%

Expense ratio as on 25 Sep 2026

Charged yearly and already deducted from the NAV.

Base expense
2.00%
Brokerage
0.04%
Transaction charges
0.01%
Statutory levies
0.49%
Exit load
Exit load of 0.50%, if redeemed within 90 days
Lock-in
None

Terms

Min SIP
₹3,000
Min lumpsum
₹5,000
Plan
GROWTH
Fund type
OPEN-ENDED
Benchmark
NA

Risk

Risk

What the riskometer means for this fund, and how its ratios sit against the category.

Very High

Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.

Portfolio

PGIM India Multi Asset Allocation Fund portfolio

Portfolio as of 31 Aug 2026

Asset allocation

  • Equity54.7%
  • Debt13.7%
  • Commodities19.2%
  • Other12.4%

Market cap split

  • Large65.9%
  • Mid29.3%
  • Small4.9%
P/E
29.32
P/B
4.16

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
OthersOthers14.28%₹43.73 Cr+3.16%+5.98%—
GOISovereign6.42%₹19.68 Cr+2.57%+8.01%—
HDFC Gold ETFUnclassified4.10%₹12.57 Cr+4.14%+3.93%—
SBI Gold ETFUnclassified4.09%₹12.54 Cr+4.14%+3.93%—
ICICI Prudential Gold Exchange Traded FundUnclassified4.08%₹12.52 Cr+4.14%+3.93%—
HDFC Bank Ltd.Financial3.40%₹10.40 Cr-2.44%-3.26%—
ICICI Prudential Silver ETF - GrowthUnclassified2.82%₹8.64 Cr+3.14%+2.75%—
Nippon India Silver ETF - GrowthUnclassified2.78%₹8.53 Cr+3.13%+2.74%—
ICICI Bank Ltd.Financial2.34%₹7.16 Cr+2.26%+2.47%—
Bank of IndiaFinancial2.12%₹6.50 Cr———

Sectors

  • Unclassified20.0%
  • Financial18.0%
  • Others14.3%
  • Sovereign6.4%
  • Services5.9%
  • Healthcare5.0%
  • Automobile4.7%
  • Construction3.8%

Instruments

  • Mutual Fund19.5%
  • Net Receivables11.1%
  • GOI Securities6.4%
  • CBLO3.2%
  • Certificate of Deposit2.4%
  • Real Estate Investment Trusts1.0%
  • Commercial Paper0.7%
  • Non Convertible Debenture0.7%

Recent changes

HoldingFromToWeight
Others1.75%3.18%+1.43%
company:208140.00%0.65%+0.65%
GOI6.76%6.42%-0.34%
company:57210.00%0.32%+0.32%
Bajaj Finance Ltd.1.77%1.56%-0.21%
Hindustan Unilever Ltd.-2.12%-1.93%+0.19%
Torrent Power Ltd.0.93%0.76%-0.17%
HDFC Gold ETF3.95%4.10%+0.15%
SBI Gold ETF3.95%4.09%+0.14%
ICICI Prudential Gold Exchange Traded Fund3.95%4.08%+0.13%
Bharti Airtel Ltd.0.93%0.81%-0.12%
One97 Communications Ltd.0.56%0.68%+0.12%
Power Finance Corporation Ltd.0.49%0.37%-0.12%
Reliance Industries Ltd.1.69%1.57%-0.12%
Kotak Mahindra Bank Ltd.-2.97%-3.09%-0.12%
Blue Star Ltd.0.64%0.53%-0.11%
HDFC Bank Ltd.-1.17%-1.06%+0.11%
Max Healthcare Institute Ltd.0.96%0.86%-0.10%
Rubicon Research Ltd.0.61%0.71%+0.10%
Bharat Forge Ltd.1.05%0.96%-0.09%
Sun Pharmaceutical Industries Ltd.-1.22%-1.13%+0.09%
Marico Ltd.0.86%0.77%-0.09%
Bank of India2.21%2.12%-0.09%
ICICI Bank Ltd.2.42%2.34%-0.08%
Infosys Ltd.1.77%1.69%-0.08%
ICICI Prudential Silver ETF - Growth2.74%2.82%+0.08%
Nippon India Silver ETF - Growth2.70%2.78%+0.08%
Solar Industries India Ltd.1.68%1.75%+0.07%
ICICI Lombard General Insurance Company Ltd.0.39%0.46%+0.07%
Varun Beverages Ltd.0.50%0.43%-0.07%
Divi's Laboratories Ltd.0.53%0.60%+0.07%
Multi Commodity Exchange Of India Ltd.0.34%0.41%+0.07%
Power Grid Corporation Of India Ltd.0.63%0.56%-0.07%
Tech Mahindra Ltd.1.14%1.07%-0.07%
Nestle India Ltd.1.02%0.96%-0.06%
Coromandel International Ltd.0.49%0.43%-0.06%
SBI Life Insurance Company Ltd.0.46%0.40%-0.06%
Bharti Hexacom Ltd.0.74%0.68%-0.06%
Torrent Pharmaceuticals Ltd.0.99%0.93%-0.06%
Brookfield India Real Estate Trust REIT1.06%1.01%-0.05%
Muthoot Finance Ltd.0.55%0.50%-0.05%
SRF Ltd.0.66%0.61%-0.05%
TVS Motor Company Ltd.1.18%1.13%-0.05%
JK Cement Ltd.0.49%0.44%-0.05%
Mankind Pharma Ltd.0.82%0.77%-0.05%
DSP Silver ETF - Growth1.59%1.64%+0.05%
Eternal Ltd.1.20%1.24%+0.04%
Prestige Estates Projects Ltd.1.03%0.99%-0.04%
TBO Tek Ltd.0.42%0.46%+0.04%
United Spirits Ltd.0.52%0.48%-0.04%
Grasim Industries Ltd.-1.33%-1.36%-0.03%
ICICI Prudential Asset Management Company Ltd.0.56%0.53%-0.03%
LIC Housing Finance Ltd.0.68%0.65%-0.03%
Larsen & Toubro Ltd.1.51%1.48%-0.03%
Mahindra & Mahindra Ltd.0.34%0.31%-0.03%
National Bank For Agriculture & Rural Development0.68%0.65%-0.03%
Schaeffler India Ltd.0.53%0.50%-0.03%
HDFC Life Insurance Co Ltd.0.43%0.40%-0.03%
State Bank of India2.11%2.08%-0.03%
AU Small Finance Bank Ltd.1.18%1.16%-0.02%
Bharat Petroleum Corporation Ltd.0.32%0.30%-0.02%
Cholamandalam Investment and Finance Company Ltd.0.51%0.49%-0.02%
LG Electronics India Ltd.0.24%0.26%+0.02%
Reserve Bank of India0.33%0.31%-0.02%
Tata Consultancy Services Ltd.0.40%0.38%-0.02%
Bikaji Foods International Ltd.0.24%0.22%-0.02%
Jubilant FoodWorks Ltd.0.19%0.21%+0.02%
Anthem Biosciences Ltd.0.39%0.41%+0.02%
Titan Company Ltd.-2.46%-2.47%-0.01%
Ashok Leyland Ltd.0.35%0.36%+0.01%
Bharat Electronics Ltd.0.89%0.90%+0.01%
HDFC Asset Management Company Ltd.0.26%0.25%-0.01%
Info Edge (India) Ltd.0.43%0.44%+0.01%
JSW Steel Ltd.0.46%0.45%-0.01%
Mrs. Bectors Food Specialities Ltd.0.21%0.22%+0.01%
Persistent Systems Ltd.0.23%0.22%-0.01%
Praj Industries Ltd.0.36%0.37%+0.01%
Sona BLW Precision Forgings Ltd.1.33%1.34%+0.01%
UNO Minda Ltd.0.44%0.45%+0.01%
Vishal Mega Mart Ltd.0.52%0.51%-0.01%
360 One Wam Ltd.0.47%0.46%-0.01%
The Phoenix Mills Ltd.0.35%0.34%-0.01%
Ajanta Pharma Ltd.0.36%0.36%0.00%
Astral Ltd.0.61%0.61%0.00%
CG Power and Industrial Solutions Ltd.0.71%0.71%0.00%
Dixon Technologies (India) Ltd.0.51%0.51%0.00%
Endurance Technologies Ltd.0.16%0.16%0.00%
FSN E-Commerce Ventures Ltd.1.34%1.34%0.00%
Global Health Ltd.0.36%0.36%0.00%
Hindalco Industries Ltd.0.41%0.41%0.00%
Shriram Finance Ltd0.42%0.42%0.00%

Compare

Similar funds

The rest of the category, so this fund’s numbers have something to sit against.

FundAUMExpense1Y3Y5Y
Category average₹7,364 Cr1.57%6.5%12.7%15.4%
Nippon India Multi Asset Allocation Fund₹17,984 Cr1.44%5.9%13.3%15.5%
WhiteOak Capital Multi Asset Allocation Fund₹8,778 Cr1.67%7.9%13.1%—
Quant Multi Asset Allocation Fund₹6,528 Cr2.32%7.5%14.1%17.5%
Nippon India Multi - Asset Omni FoF₹3,056 Cr1.08%4.9%11.0%14.7%
Aditya Birla Sun Life Multi-Asset Omni FoF₹478 Cr1.33%6.6%11.8%13.9%

About

About this fund

The scheme’s own words, its benchmark and the people running it.

Investment objective

The scheme seek to generate long term capital appreciation by investing in multiple asset classes including equity and equity related securities, debt and money market instruments, Gold ETFs & Silver ETFs.

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
  • Vivek SharmaMr. Sharma is a PGDM FinancePrior to joining PGIM India Asset Management Pvt. Ltd. - Equity Analyst and Asst. Fund Manager, he has worked with ICICI Securities Ltd. - Equity Analyst and JP Morgan Services India Pvt. Ltd.- Associate - Investment Banking.
Scheme information document

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 pastTotal investmentWould’ve becomeGrowthReturns
6 months6.65% absolute₹60,000₹63,9906.65%

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.

What is the NAV of PGIM India Multi Asset Allocation Fund?
The NAV of PGIM India Multi Asset Allocation Fund is ₹10.42 as on 25 Sep 2026.
What is the expense ratio of PGIM India Multi Asset Allocation Fund?
The expense ratio of PGIM India Multi Asset Allocation Fund is 2.55% per year.
What is the minimum SIP amount for PGIM India Multi Asset Allocation Fund?
You can start a SIP in PGIM India Multi Asset Allocation Fund with ₹3,000 a month.
Is there a lock-in or exit load on PGIM India Multi Asset Allocation Fund?
Lock-in: None. Exit load: Exit load of 0.50%, if redeemed within 90 days.
How risky is PGIM India Multi Asset Allocation Fund?
PGIM India Multi Asset Allocation Fund is rated Very High on the SEBI riskometer and belongs to the Multi Asset Allocation category.
Which fund house manages PGIM India Multi Asset Allocation Fund?
PGIM India Multi Asset Allocation Fund is managed by PGIM India Mutual Fund, which runs 25 schemes with ₹26,640 Cr under management.