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PGIM India Balanced Advantage Fund - Direct Plan - Growth Option
★★★★★ monitor_heart Health Score: 54/100 · AveragePGIM India Mutual Fund · Hybrid · Dynamic Asset Allocation
₹16.45
AUM: ₹797 Cr
NAV updated 17 days ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
0.86%
Exit Load
Exit load of 0.5%, if redeemed within 90 days.
Fund Manager
Aniruddha Naha
Inception
Feb 2021
Benchmark
CRISIL Hybrid 50+50 Moderate Index
Sharpe Ratio
-0.73
Std Dev (1Y)
9.8%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+3.08%
3m
+2.31%
6m
-2.61%
1y
-2.38%
3y
+7.84%
5y
+8.54%
10y
—
since inception
+9.25%
rate_review TopFund's Take on PGIM India Balanced Advantage Fund - Direct Plan - Growth Option
PGIM India Balanced Advantage Fund - Direct Plan - Growth Option sits in the middle of the pack for Dynamic Asset Allocation funds, 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 54/100.
Cost: At 0.86%, the expense ratio is meaningfully cheaper — about 11% below the Dynamic Asset Allocation category average of 0.97% (based on 134 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 -0.73 — 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 9.8% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about PGIM India Balanced Advantage Fund - Direct Plan - Growth Option
The current NAV (Net Asset Value) of PGIM India Balanced Advantage Fund - Direct Plan - Growth Option is ₹16.45. NAV is updated every business day after market close by AMFI.
1Y: -2.38% · 3Y CAGR: 7.84% · 5Y CAGR: 8.54%
The expense ratio is 0.86% per annum — the annual fee deducted from your investment to cover fund management costs.
PGIM India Balanced Advantage Fund - Direct Plan - Growth Option is managed by Aniruddha Naha at PGIM India Mutual Fund.
PGIM India Balanced Advantage Fund - Direct Plan - Growth Option is a High risk fund. Suitable for investors with a 3+ year horizon.
PGIM India Balanced Advantage Fund - Direct Plan - Growth Option is a Dynamic Asset Allocation fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of PGIM India Balanced Advantage Fund - Direct Plan - Growth Option is ₹798 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.