PGIM India Balanced Advantage Fund - Regular Plan - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- Strong capital defense: downside capture of 74% limits losses during market corrections.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +7.52% | +5.51% | +2.01% |
| 3 Months | +0.91% | +1.29% | -0.38% |
| 6 Months | +4.25% | +5.25% | -1.00% |
| 1 Year | -0.83% | +2.38% | -3.21% |
| 3 Years CAGR | +7.25% | +9.06% | -1.81% |
| 5 Years CAGR | +6.18% | +7.86% | -1.68% |
| Since Inception | +7.54% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in PGIM India Balanced Advantage Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | -0.58% | +1.91% | -2.49% |
| 2025 | +6.15% | +5.68% | +0.47% |
| 2024 | +10.16% | +12.82% | -2.66% |
| 2023 | +15.46% | +18.07% | -2.61% |
| 2022 | +1.05% | +2.58% | -1.53% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -9.21% | +7.17% | +6.35% | +23.03% | 85.8% | 28.7% |
| 3-Year Rolling | +4.39% | +9.08% | +9.55% | +14.10% | 100.0% | 0.0% |
| 5-Year Rolling | +4.63% | +6.71% | +6.81% | +8.66% | 100.0% | 0.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2022-04-05 | 2022-06-20 | -12.0% | 2 months | 2 months |
| 2024-09-23 | 2025-02-28 | -11.4% | 5 months | 4 months |
| 2025-11-26 | 2026-03-30 | -11.1% | 4 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity & Equity Related Instruments - Min 0% and Max 100% | Per Scheme Mandate |
| Debt and Money Market Instruments - Min 0% and Max 100% | Per Scheme Mandate |
Investment Objective & Strategy
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 is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 714 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as small relative to Balanced Advantage schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Balanced Advantage Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| ITI Balanced Advantage Fund | 2.5 | +7.46% | 3.22% | 41.6% | Rs 319 cr | Compare → |
| NJ Balanced Advantage Fund | 3.3 | +7.01% | 2.40% | 54.7% | Rs 3,335 cr | Compare → |
| Tata Balanced Advantage Fund | 4.8 | +7.58% | 1.85% | 52.0% | Rs 8,166 cr | Compare → |
| Shriram Balanced Advantage Fund | 2.3 | +5.54% | 2.57% | 71.7% | Rs 43.4 cr | Compare → |
| Sundaram Dynamic Asset Allocation Fund | 3.4 | +7.64% | 2.54% | 60.8% | Rs 1,660 cr | Compare → |
Frequently Asked Questions about PGIM India Balanced Advantage Fund
What is the expense ratio of PGIM India Balanced Advantage Fund?
PGIM India Balanced Advantage Fund has a total expense ratio (TER) of 2.48% with a base expense ratio of 2.04%, compared to the Balanced Advantage category median of 2.40%.
Who manages PGIM India Balanced Advantage Fund?
PGIM India Balanced Advantage Fund is managed by Utsav Mehta (tenure: 2.6 years since 2024-04-15).
What are the historical returns of PGIM India Balanced Advantage Fund?
PGIM India Balanced Advantage Fund delivered a 3-year CAGR of 7.25% and a 5-year CAGR of 6.18%. Its 1-year return stands at -0.83%.
How large is PGIM India Balanced Advantage Fund?
PGIM India Balanced Advantage Fund manages assets of Rs 714 cr, placing it in the 'small' size band relative to Balanced Advantage peers.
How is PGIM India Balanced Advantage Fund scored on MFIQ?
PGIM India Balanced Advantage Fund holds an MFIQ Score of 2.9/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is PGIM India Balanced Advantage Fund?
PGIM India Balanced Advantage Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 9.40% with a maximum historical drawdown of -11.98%.