PGIM India Balanced Advantage Fund
PGIM India Mutual Fund · Balanced Advantage · Regular plan, growth option
NAV (₹), 1 Oct 2026
14.3600
1-day change
-0.62%
1Y return
-5.7%
3Y CAGR
4.6%
5Y CAGR
4.9%
Max drawdown, 5Y
−12.0%
NAV history month-end NAV, ₹ · 8 Feb 2021 to 1 Oct 2026
Returns vs Balanced Advantage median (37 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -5.1% | -3.9% |
| 3 months | -4.3% | -2.7% |
| 6 months | 1.6% | 4.0% |
| Year to date | -7.6% | -3.2% |
| 1 year | -5.7% | -0.8% |
| 3 years (CAGR) | 4.6% | 7.5% |
| 5 years (CAGR) | 4.9% | 7.1% |
| 7 years (CAGR) | n/a | 9.3% |
| 10 years (CAGR) | n/a | 8.3% |
| Since first NAV (CAGR) | 6.3% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 6.6% | 7.5% |
| 3Y rolling median | 9.6% | 11.0% |
| 3Y rolling worst | 4.4% | 5.1% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 6.9% | 10.5% |
| 5Y rolling worst | 4.9% | 2.7% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 10.3% | 9.2% |
| Sharpe ratio | -0.12 | 0.17 |
| Sortino ratio | -0.16 | 0.25 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −12.0% | −16.4% |
| Maximum drawdown, last 10Y | n/a | −26.0% |
| Maximum drawdown, last 5Y | −12.0% | −10.3% |
| Current drawdown | −8.7% | −5.5% |
| Recovery time of worst fall | 58 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.50% a year and the Direct plan's 0.91%, a gap of 1.59%; over the last 3 years the Direct plan returned 1.78 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹35,50,604.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 2.52% to 2.50% (AMFI TER disclosure)
- 29 Sep 2026: TER increased from 2.51% to 2.52% (AMFI TER disclosure)
- 2 Sep 2026: TER increased from 2.50% to 2.51% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Utsav Mehta | 15 Apr 2024 | |
| Anandha Padmanabhan Anjeneyan | 1 Apr 2023 | |
| Vinay Paharia | 1 Apr 2023 | |
| Puneet Pal | 1 Dec 2021 |
Objective: 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.
Stated asset allocation: Equity & Equity Related Instruments - Min 0% and Max 100% Debt and Money Market Instruments - Min 0% and Max 100%
Benchmark (tier 1): CRISIL Hybrid 50+50 Moderate Index
Exit load: For Exits within 90 days from date of allotment of units: 0.50%; For Exits beyond 90 days from date of allotment of units: NIL.
Minimum application: Rs. 5000
Allotment date: 4 Feb 2021
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.50% | 2.31% |
| AUM, whole scheme (₹ crore) | 681 | 2,109 |
| Riskometer | High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -4.5% | 0.2% TRI |
| Return, 3 years (AMFI) | 4.8% | 7.8% TRI |
| Return, 5 years (AMFI) | 5.1% | 7.2% TRI |
| Month-ends above category median (3Y CAGR) | 0% | 48% median |
| Month-ends in category top quartile (3Y) | 0% | 11% median |
Official benchmark: CRISIL Hybrid 50+50 - Moderate Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Balanced Advantage Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -7.6% | n/a | – |
| 2025 | 6.1% | n/a | – |
| 2024 | 10.2% | n/a | – |
| 2023 | 15.5% | n/a | – |
| 2022 | 1.1% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,14,141 | -8.9% |
| 3 years | ₹3,60,000 | ₹3,57,304 | -0.5% |
| 5 years | ₹6,00,000 | ₹6,55,565 | 3.5% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Balanced Advantage
Plan / option: Regular · Growth
AMFI scheme code: 148657
ISIN: INF663L01V72
First NAV in MFIC data: 8 Feb 2021
History: 5.6 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Canara Robeco Balanced Advantage Fund | Balanced Advantage | 0.98 | n/a |
| WhiteOak Capital Balanced Advantage Fund | Balanced Advantage | 0.97 | 9.3% |
| WhiteOak Capital Balanced Hybrid Fund | Balanced Hybrid | 0.97 | n/a |
| UTI Balanced Advantage Fund | Balanced Advantage | 0.97 | 6.0% |
| Bajaj Finserv Balanced Advantage Fund | Balanced Advantage | 0.96 | n/a |
| Canara Robeco Aggressive Hybrid Fund | Aggressive Hybrid | 0.96 | 8.5% |
Questions about PGIM India Balanced Advantage Fund
- What is the latest NAV of PGIM India Balanced Advantage Fund?
- The NAV of the Regular plan (growth option) was ₹14.3600 on 1 Oct 2026, as published by AMFI.
- Which category is PGIM India Balanced Advantage Fund in?
- It is classified as Balanced Advantage in AMFI's daily NAV file; a Balanced Advantage scheme changes its equity and debt mix dynamically. MFIC compares it with 37 Balanced Advantage schemes (Regular plans).
- What returns has PGIM India Balanced Advantage Fund delivered?
- Over one year the NAV changed by -5.7%. The 3-year CAGR is 4.6% (category median 7.5%) and the 5-year CAGR is 4.9% (category median 7.1%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 9.6%, the lowest was 4.4%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in PGIM India Balanced Advantage Fund's NAV?
- The largest peak-to-trough fall in its available history was 12.0%; within the last five years it was 12.0% (category median 10.3%).
- How volatile is PGIM India Balanced Advantage Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 10.3%, which is above the Balanced Advantage category median of 9.2%.
- What would a monthly SIP in PGIM India Balanced Advantage Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹6,55,565 on 1 Oct 2026, an annualised return (XIRR) of 3.5%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of PGIM India Balanced Advantage Fund?
- The total expense ratio of the Regular plan is 2.50% a year, as disclosed to AMFI (median of Balanced Advantage Regular plans: 2.31%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is PGIM India Balanced Advantage Fund?
- Assets under management of the whole scheme were ₹681 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of PGIM India Balanced Advantage Fund?
- AMFI lists the scheme's riskometer as “High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of PGIM India Balanced Advantage Fund and how has it compared?
- Its official benchmark is the CRISIL Hybrid 50+50 - Moderate Index. Over 3 years AMFI reports a return of 4.8% for this plan against 7.8% for the benchmark total return index; over 5 years 5.1% against 7.2%. Past performance does not indicate future results.
- How often has PGIM India Balanced Advantage Fund beaten its category?
- At 0% of the 32 month-ends compared over the last 10 years, its 3-year return was above the median of Balanced Advantage schemes (Regular plans); it was in the top quarter at 0% of them. A typical scheme would show about 50%.
- Who manages PGIM India Balanced Advantage Fund?
- According to its Scheme Summary Document, PGIM India Balanced Advantage Fund is managed by Utsav Mehta (since 15 Apr 2024), Anandha Padmanabhan Anjeneyan (since 1 Apr 2023), Vinay Paharia (since 1 Apr 2023), Puneet Pal (since 1 Dec 2021).
- What is the exit load of PGIM India Balanced Advantage Fund?
- As stated in its scheme documents: For Exits within 90 days from date of allotment of units: 0.50%; For Exits beyond 90 days from date of allotment of units: NIL. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in PGIM India Balanced Advantage Fund?
- The minimum application amount is Rs. 5000. SIP details: SIP - Monthly/Quarterly : 1000, SWP - Monthly/ Quartely/ Annually : 1000, STP -Daily/Weekly/Monthly/Quarterly :1000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -4.1% and the Regular plan's by -5.7%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.