PGIM India Balanced Advantage Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.51
• Std Deviation 9.25%
• Tracking Error 0.00%

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 975.78 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 2.19%. 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 & Exceptional respectively.

The top holdings of the fund include Hdfc Bank, Icici Bank, 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 Invesco India Balanced Advantage Fund Growth, Mahindra Manulife Balanced Advantage Fund Regular Growth, PGIM India Balanced Advantage Fund Regular Growth, Motilal Oswal Balance Advantage Fund Regular Plan Growth Option, Quant Dynamic Asset Allocation Fund Regular Growth. PGIM India Balanced Advantage Fund Regular Growth has a sharpe ratio of 0.51 & a standard deviation of 9.25%.