PGIM India Balanced Advantage Fund Direct Growth

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 can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.

PGIM India Balanced Advantage Fund Direct Growth is an Allocation - Dynamic Asset Allocation fund. The fund was launched in Feb 4, 2021. Its risk level is Very High. The NAV of the fund as on Feb 25, 2025 is ₹14.97. Its expense ratio is 0.37 %. The fund has an AUM of ₹977.98 Cr.The fund is managed by Vinay Paharia, Puneet Pal, Ojasvi Khicha, Anandha Padmanabhan Anjeneyan, Hitash Dang, Chetan Chavan, Chetan Gindodia, Utsav Mehta. The minimum initial investment is ₹5000 in Lumpsum mode.