PGIM India Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl

PGIM India Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 4 February, 2021. The fund is managed by Anandha Padmanabhan Anjeneyan, Vinay Paharia, Puneet Pal. This fund gives you the benefit of diversification.

1. PGIM India Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has ₹968 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
2. The fund has an expense ratio 0.5.
   

PGIM India Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 11.46% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 11.85% and 13.55% respectively.

PGIM India Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Government, Financial Services, Corporate, Cash Equivalent, Industrial, Tech, Consumer Cyclical, Energy, Consumer Defensive, Health, Basic Materials, Communication, Utilities.

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.