The scheme seeks 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.
Exit Load0.50%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsNA
Utsav Mehta
Mr. Mehta has done B.Com and CFA
Prior to joining PGIM Mutual Fund, he has worked with Edelweiss Asset Management Ltd and Ambit Capital
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of PGIM India Balanced Advantage Fund is ₹15.2 as of 2026-08-28.
PGIM India Balanced Advantage Fund is classified as a Dynamic Asset Allocation fund.
The Assets Under Management (AUM) of PGIM India Balanced Advantage Fund is ₹759.47 Cr.
The expense ratio of PGIM India Balanced Advantage Fund is 2.53%.
PGIM India Balanced Advantage Fund is managed by Utsav Mehta.
The minimum SIP investment for PGIM India Balanced Advantage Fund is ₹1,000.
The exit load for PGIM India Balanced Advantage Fund is 0.5%.
As per the SEBI Riskometer, PGIM India Balanced Advantage Fund carries a Very High risk level.
PGIM India Balanced Advantage Fund has delivered 0.2% (1Y), 6.56% (3Y) and 6.44% (5Y) annualised returns as of 2026-08-28.
PGIM India Balanced Advantage Fund was launched on 2010-05-13.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
