PGIM India Balanced Advantage Fund - Direct Plan - Dividend Option

PGIM India Balanced Advantage Fund - Direct Plan - Dividend Option lags behind most of its peers in the Dynamic Asset Allocation or Balanced Advantage category, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 40/100.

Cost: At 0.74%, the expense ratio is meaningfully cheaper — about 57% below the Dynamic Asset Allocation or Balanced Advantage category average of 1.73% (based on 35 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.15 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 14.3% is fairly typical for actively managed equity funds.

Who should invest: This fund is best suited to investors who want a single fund blending equity growth with debt-driven stability. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.