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Business News/Market/Market Stats/    PGIM India Balanced Advantage Fund Regular Growth

PGIM India Balanced Advantage Fund Regular Growth

+
  • Hybrid
  • Dynamic Asset Allocation
  • Rating 2
  • Plan
13.80 +0.03 (0.22%) NAV as on 22 May, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)1145.95
  • CAGR 14.94%
  • Exit Load0.50%
  • Expense ratio2.13%
  • CategoryHybrid
  • Min Investment5000
  • Min SIP1000
  • Launch Date2021-02-04

Morning Star Rating 2

Moderate
Risk
Good
Return

Asset Allocation

Holdings As On - 23 May 2024

  • Name
  • Value (Cr)
  • Holding %
  • Clearing Corporation Of India Ltd.
  • 64.85
  • 5.66%
  • 7.18% Govt Stock 2037
  • 59.44
  • 5.19%
  • 7.18% Govt Stock 2033
  • 46.35
  • 4.04%
View More

Risk & Volitility

  • Alpha 0.00%
  • Beta 0.00
  • Sharpe Ratio0.60
  • Std Deviation 7.82%
  • Tracking Error 0.00%

About Fund

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. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.

 

The PGIM India Balanced Advantage Fund Regular Growth has an AUM of 1145.95 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.50% and an expense ratio of 2.13%. The minimum investment in PGIM India Balanced Advantage Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 1000.

 

As per morningstar the risk & return rating of the fund are Moderate & Good respectively.

 

The top holdings of the fund include ICICI Bank, Clearing Corporation Of India Ltd., Reliance Industries & 7.18% Govt Stock 2037.

 

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Chemical Manufacturing.

 

Some of the similar funds are HSBC Balanced Advantage Fund Growth, Motilal Oswal Balance Advantage Fund Regular Plan Growth Option, PGIM India Balanced Advantage Fund Regular Growth, Bajaj Finserv Balanced Advantage Fund Regular Growth, Quant Dynamic Asset Allocation Fund Regular Growth. PGIM India Balanced Advantage Fund Regular Growth has a sharpe ratio of 0.60 & a standard deviation of 7.82%.

FAQs about PGIM India Balanced Advantage Fund Regular Growth

According to the morning star rating PGIM India Balanced Advantage Fund Regular Growth has a Moderate risk & Good return.
PGIM India Balanced Advantage Fund Regular Growth is managed by Vinay Paharia,Puneet Pal,Anandha Padmanabhan Anjeneyan,Chetan Chavan,Utsav Mehta,Chetan Gindodia.
The expense ratio of PGIM India Balanced Advantage Fund Regular Growth is 2.13%.
The 5 year annualized return on PGIM India Balanced Advantage Fund Regular Growth is 0.00% & it has generated 14.94% in the last 1 year.
The minimum investment in PGIM India Balanced Advantage Fund Regular Growth is 5000 Rs.
PGIM India Balanced Advantage Fund Regular Growth has an AUM of 1145.95 crores.
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