PGIM India Balanced Advantage Fund - Regular Plan - Dividend Option

PGIM India Balanced Advantage Fund - Regular Plan - Dividend Option is a scheme launched by PGIM Mutual Fund on February 04, 2021, and falls under the Dynamic Asset Allocation fund category. It currently manages an AUM of Rs 964.7 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 2.18% for managing the portfolio.

• 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 -7.3% (1 year), 1.26% (3 year) and 0% (5 year). The average annual return of this fund stands at -3.94%.