PGIM India Balanced Advantage Fund - Regular Plan - Dividend Option

PGIM India Balanced Advantage Fund - Regular Plan - Dividend Option is a fund scheme from PGIM mutual fund. It falls under a Dynamic Asset Allocation category. After being launched on 2021-02-04. PGIM India Balanced Advantage Fund - Regular Plan - Dividend Option has achieved Rs 977.98 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 1000 and lumpsum of Rs 5000 to start the investment. The expense ratio of this fund is 2.18%.

• Investing 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.

• Performance:

  PGIM India Balanced Advantage Fund - Regular Plan - Dividend Option trailing returns over different times are 0.35% (1 year), 4.6% (3 year), 0% (5 year). The average annual return of this fund stands at 0.35%

• Fund Manager & Portfolio Allocation:

  Puneet Pal, Vinay Paharia, Anandha Padmanabhan Anjeneyan, Chetan Chavan, Chetan Gindodia are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Financial Services, Industrials, Consumer Cyclical, Technology, Energy, , Sectors. First five holdings of this fund are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd, 7.18% Govt Stock 2037, 7.18% Govt Stock 2033, 7.1% Govt Stock 2034, 7.25% Govt Stock 2063, 7.3% Govt Stock 2053, Clearing Corporation Of India Ltd., Axis Bank Limited, Bank Of Baroda, HDFC Bank Limited, Net Receivables / (Payables) Companies.