Pgim India Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 15
BMSMONEY Rating
Growth Option As On: 16-04-2024
NAV ₹13.58 (R) -0.29% ₹14.37 (D) -0.28%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 16.67% 10.15% -% -% -%
LumpSum Dir. P 18.66% 12.14% -% -% -%
SIP Reg. P 13.16% 10.22% -% -% -%
SIP Dir. P 15.08% 12.13% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.28 0.14 0.54 -0.68% 0.03
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
7.78% -9.72% -7.85% 0.86 5.33%

NAV Date: 16-04-2024

Scheme Name NAV Rupee Change Percent Change
PGIM India Balanced Advantage Fund - Regular Plan - Dividend Option 11.25
-0.0400
-0.3500%
PGIM India Balanced Advantage Fund - Direct Plan - Dividend Option 11.34
-0.0300
-0.2600%
PGIM India Balanced Advantage Fund - Regular Plan - Growth Option 13.58
-0.0400
-0.2900%
PGIM India Balanced Advantage Fund - Direct Plan - Growth Option 14.37
-0.0400
-0.2800%

Review Date: Feb. 29, 2024

Performance of the PGIM India Balanced Advantage Fund has been analyzed on 19 performance parameters. Out of seven return parameters, the fund has zero return parameters in first quartile; whereas zero risk parameters (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile. Based on this performance PGIM India Balanced Advantage Fund has achieved 15th (out of 20 funds), which is poor rank in the Dynamic Asset Allocation or Balanced Advantage Fund category. Essentially, among its peer group of similar types of funds, it stands in the very good position, a testament to its successful track record. The Dynamic Asset Allocation or Balanced Advantage Fund category has 20 funds.
Using a composite performance score, our ranking methodology takes into account the fund's return, the risk it carries, and its risk-adjusted performance during the last three years. This composite performance score then becomes the basis for ranking funds within the category.

The PGIM India Balanced Advantage Fund has poor return performance, as all 1 year and above return parameters are below average in Dynamic Asset Allocation or Balanced Advantage Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the PGIM India Balanced Advantage Fund has given return of 1.21% in last one month which is very poor as it is in the fourth quartile in Dynamic Asset Allocation or Balanced Advantage Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the PGIM India Balanced Advantage Fund has given return of 4.22% in last three month which is very poor as it is in the fourth quartile in Dynamic Asset Allocation or Balanced Advantage Fund.
  3. 6 Month Return%: Six month return shows funds performance in short period of time, the PGIM India Balanced Advantage Fund has given return of 6.05% in last six month which is very poor as it is in the fourth quartile in Dynamic Asset Allocation or Balanced Advantage Fund.
  4. 1 Year Return%: The PGIM India Balanced Advantage Fund has given return of 16.83% in last one year which is very poor as it is in the fourth quartile in Dynamic Asset Allocation or Balanced Advantage Fund. The one year return rank of PGIM India Balanced Advantage Fund is 22 in 24 funds. The investment of ₹ 10,000 in this fund would have become ₹ 11683.0 in one year.
  5. 3 Year Return%: The PGIM India Balanced Advantage Fund has given return of 9.62% in last three year which is very poor as it is in the fourth quartile with rank of 15 in 19 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  6. 1 Year SIP Return%: The PGIM India Balanced Advantage Fund has given return of 14.84% in last one year which is very poor as it is in the fourth quartile with rank of 22 in 24 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  7. 3 Year SIP Return%: The PGIM India Balanced Advantage Fund has given return of 9.92% in last three year which is very poor as it is in the fourth quartile with rank of 18 in 19 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
    8. '
'

The PGIM India Balanced Advantage Fund has poor risk performance, as non of above risk paramerters are above average Dynamic Asset Allocation or Balanced Advantage Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The PGIM India Balanced Advantage Fund has standard deviation of 7.78 which is poor as it is in the below average with risk rank of 8 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The PGIM India Balanced Advantage Fund has semi deviation of 5.33 which is very poor as it is in the fourth quartile with risk rank of 9 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The PGIM India Balanced Advantage Fund has max drawdown of -7.85% which is very poor as it is in the fourth quartile with risk rank of 9 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The PGIM India Balanced Advantage Fund has 1Y VaR at 95% of -9.72% which is very poor as it is in the fourth quartile with risk rank of 10 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The PGIM India Balanced Advantage Fund has average drawdown of -2.8% which is very poor as it is in the fourth quartile with risk rank of 9 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
    6. '
'

The PGIM India Balanced Advantage Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Dynamic Asset Allocation or Balanced Advantage Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The PGIM India Balanced Advantage Fund has Sterling Ratio of 0.54 which is very poor as it is in the fourth quartile with risk rank of 9 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The PGIM India Balanced Advantage Fund has Sortino Ratio of 0.14 which is very poor as it is in the fourth quartile with risk rank of 9 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The PGIM India Balanced Advantage Fund has Jensen Alpha of -0.68% which is very poor as it is in the fourth quartile with risk rank of 11 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The PGIM India Balanced Advantage Fund has Treynor Ratio of 0.03 which is very poor as it is in the fourth quartile with risk rank of 10 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The PGIM India Balanced Advantage Fund has Modigliani Square Measure of 8.92% which is very poor as it is in the fourth quartile with risk rank of 11 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The PGIM India Balanced Advantage Fund has Alpha of -2.58% which is very poor as it is in the fourth quartile with risk rank of 9 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
    7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 2.57
1.74
0.38 | 3.26 5 | 24
Yes
Yes
No
3M Return % 2.03
3.46
0.68 | 6.04 21 | 24
No
No
Yes
6M Return % 7.61
10.88
4.45 | 17.61 21 | 24
No
No
Yes
1Y Return % 16.67
23.23
12.08 | 38.85 22 | 24
No
No
Yes
3Y Return % 10.15
12.49
7.53 | 25.88 15 | 19
No
No
Yes
1Y SIP Return % 13.16
20.47
8.35 | 36.46 22 | 24
No
No
Yes
3Y SIP Return % 10.22
13.71
6.69 | 26.09 18 | 19
No
No
Yes
Standard Deviation 7.78
7.13
4.65 | 10.01 8 | 11
No
No
No
Semi Deviation 5.33
4.77
3.17 | 6.55 9 | 11
No
No
Yes
Max Drawdown % -7.85
-6.01
-10.45 | -1.47 9 | 11
No
No
Yes
VaR 1 Y % -9.72
-6.83
-11.22 | -3.49 10 | 11
No
No
Yes
Average Drawdown % -2.80
-2.24
-3.24 | -0.93 9 | 11
No
No
Yes
Sharpe Ratio 0.28
0.56
0.16 | 1.08 9 | 11
No
No
Yes
Sterling Ratio 0.54
0.73
0.48 | 1.10 9 | 11
No
No
Yes
Sortino Ratio 0.14
0.30
0.10 | 0.62 9 | 11
No
No
Yes
Jensen Alpha % -0.68
1.59
-0.68 | 5.11 11 | 11
No
No
Yes
Treynor Ratio 0.03
0.05
0.02 | 0.08 10 | 11
No
No
Yes
Modigliani Square Measure % 8.92
13.30
8.92 | 19.21 11 | 11
No
No
Yes
Alpha % -2.58
-0.83
-5.26 | 2.26 9 | 11
No
No
Yes
Return data last Updated On : April 16, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 2.72 1.84 0.44 | 3.35 5 | 24
Yes
Yes
No
3M Return % 2.50 3.77 0.86 | 6.27 21 | 24
No
No
Yes
6M Return % 8.53 11.57 4.84 | 17.97 21 | 24
No
No
Yes
1Y Return % 18.66 24.78 12.87 | 39.69 22 | 24
No
No
Yes
3Y Return % 12.14 13.92 8.33 | 26.68 15 | 19
No
No
Yes
1Y SIP Return % 15.08 21.97 9.14 | 37.30 22 | 24
No
No
Yes
3Y SIP Return % 12.13 15.10 7.47 | 26.87 17 | 19
No
No
Yes
Standard Deviation 7.78 7.13 4.65 | 10.01 8 | 11
No
No
No
Semi Deviation 5.33 4.77 3.17 | 6.55 9 | 11
No
No
Yes
Max Drawdown % -7.85 -6.01 -10.45 | -1.47 9 | 11
No
No
Yes
VaR 1 Y % -9.72 -6.83 -11.22 | -3.49 10 | 11
No
No
Yes
Average Drawdown % -2.80 -2.24 -3.24 | -0.93 9 | 11
No
No
Yes
Sharpe Ratio 0.28 0.56 0.16 | 1.08 9 | 11
No
No
Yes
Sterling Ratio 0.54 0.73 0.48 | 1.10 9 | 11
No
No
Yes
Sortino Ratio 0.14 0.30 0.10 | 0.62 9 | 11
No
No
Yes
Jensen Alpha % -0.68 1.59 -0.68 | 5.11 11 | 11
No
No
Yes
Treynor Ratio 0.03 0.05 0.02 | 0.08 10 | 11
No
No
Yes
Modigliani Square Measure % 8.92 13.30 8.92 | 19.21 11 | 11
No
No
Yes
Alpha % -2.58 -0.83 -5.26 | 2.26 9 | 11
No
No
Yes
Return data last Updated On : April 16, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.29 ₹ 9971.0 -0.28 ₹ 9972.0
1W - ₹ - - ₹ -
1M 2.57 ₹ 10257.0 2.72 ₹ 10272.0
3M 2.03 ₹ 10203.0 2.5 ₹ 10250.0
6M 7.61 ₹ 10761.0 8.53 ₹ 10853.0
1Y 16.67 ₹ 11667.0 18.66 ₹ 11866.0
3Y 10.15 ₹ 13366.0 12.14 ₹ 14102.0
5Y - ₹ - - ₹ -
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 13.1626 ₹ 12838.596 15.078 ₹ 12958.14
3Y ₹ 36000 10.2153 ₹ 41973.12 12.1262 ₹ 43159.176
5Y ₹ 60000 - ₹ - - ₹ -
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
16-04-2024 13.58 14.37
15-04-2024 13.62 14.41
12-04-2024 13.75 14.55
09-04-2024 13.73 14.53
08-04-2024 13.72 14.52
05-04-2024 13.68 14.47
04-04-2024 13.66 14.44
03-04-2024 13.61 14.39
02-04-2024 13.61 14.39
01-04-2024 13.61 14.39
28-03-2024 13.53 14.3
27-03-2024 13.47 14.24
26-03-2024 13.4 14.16
22-03-2024 13.36 14.12
21-03-2024 13.32 14.07
20-03-2024 13.2 13.95
19-03-2024 13.17 13.92
18-03-2024 13.24 13.99
15-03-2024 13.22 13.97
14-03-2024 13.23 13.98
13-03-2024 13.17 13.91
12-03-2024 13.34 14.09
11-03-2024 13.35 14.1
07-03-2024 13.38 14.13
06-03-2024 13.38 14.14
05-03-2024 13.37 14.13
04-03-2024 13.42 14.17
01-03-2024 13.41 14.16
29-02-2024 13.33 14.08
28-02-2024 13.29 14.03
27-02-2024 13.41 14.16
26-02-2024 13.39 14.14
23-02-2024 13.43 14.18
22-02-2024 13.41 14.15
21-02-2024 13.36 14.1
20-02-2024 13.41 14.15
19-02-2024 13.37 14.11
16-02-2024 13.33 14.06
15-02-2024 13.27 14.0
14-02-2024 13.26 13.99
13-02-2024 13.22 13.95
12-02-2024 13.15 13.88
09-02-2024 13.24 13.96
08-02-2024 13.23 13.96
07-02-2024 13.32 14.05
06-02-2024 13.3 14.03
05-02-2024 13.24 13.97
02-02-2024 13.3 14.02
01-02-2024 13.27 14.0
31-01-2024 13.27 13.99
30-01-2024 13.17 13.89
29-01-2024 13.26 13.99
25-01-2024 13.12 13.83
24-01-2024 13.17 13.88
23-01-2024 13.13 13.84
19-01-2024 13.26 13.98
18-01-2024 13.19 13.9
17-01-2024 13.31 14.02
16-01-2024 13.47 14.2
15-01-2024 13.5 14.23
12-01-2024 13.44 14.16
11-01-2024 13.37 14.09
10-01-2024 13.32 14.03
09-01-2024 13.25 13.96
08-01-2024 13.23 13.94
05-01-2024 13.32 14.03
04-01-2024 13.3 14.0
03-01-2024 13.21 13.91
02-01-2024 13.26 13.96
01-01-2024 13.28 13.98
29-12-2023 13.29 13.99
28-12-2023 13.27 13.97
27-12-2023 13.26 13.96
26-12-2023 13.2 13.9
22-12-2023 13.17 13.86
21-12-2023 13.11 13.8
20-12-2023 13.06 13.74
19-12-2023 13.21 13.9
18-12-2023 13.22 13.91
15-12-2023 13.18 13.87
14-12-2023 13.14 13.82
13-12-2023 13.04 13.71
12-12-2023 13.03 13.71
11-12-2023 13.09 13.78
08-12-2023 13.06 13.74
07-12-2023 13.03 13.71
06-12-2023 13.02 13.69
05-12-2023 13.0 13.67
04-12-2023 12.96 13.63
01-12-2023 12.79 13.45
30-11-2023 12.74 13.4
29-11-2023 12.71 13.36
28-11-2023 12.62 13.27
24-11-2023 12.61 13.26
23-11-2023 12.62 13.27
22-11-2023 12.64 13.29
21-11-2023 12.58 13.22
20-11-2023 12.57 13.21
17-11-2023 12.59 13.23
16-11-2023 12.62 13.27
15-11-2023 12.59 13.23
13-11-2023 12.51 13.14
10-11-2023 12.52 13.15
09-11-2023 12.51 13.14
08-11-2023 12.54 13.17
07-11-2023 12.51 13.14
06-11-2023 12.49 13.12
03-11-2023 12.4 13.02
02-11-2023 12.34 12.96
01-11-2023 12.27 12.89
31-10-2023 12.3 12.92
30-10-2023 12.33 12.94
27-10-2023 12.3 12.92
26-10-2023 12.2 12.81
25-10-2023 12.29 12.9
23-10-2023 12.33 12.95
20-10-2023 12.47 13.08
19-10-2023 12.52 13.14
18-10-2023 12.55 13.17
17-10-2023 12.62 13.24
16-10-2023 12.58 13.2
13-10-2023 12.58 13.2
12-10-2023 12.63 13.25
11-10-2023 12.62 13.24
10-10-2023 12.56 13.17
09-10-2023 12.49 13.1
06-10-2023 12.57 13.18
05-10-2023 12.54 13.15
04-10-2023 12.5 13.11
03-10-2023 12.55 13.16
29-09-2023 12.56 13.17
27-09-2023 12.6 13.21
26-09-2023 12.58 13.19
25-09-2023 12.59 13.2
22-09-2023 12.59 13.19
21-09-2023 12.64 13.24
20-09-2023 12.73 13.34
18-09-2023 12.82 13.44
15-09-2023 12.85 13.47
14-09-2023 12.83 13.45
13-09-2023 12.78 13.39
12-09-2023 12.79 13.4
11-09-2023 12.87 13.48
08-09-2023 12.78 13.38
07-09-2023 12.74 13.34
06-09-2023 12.71 13.31
05-09-2023 12.7 13.3
04-09-2023 12.65 13.25
01-09-2023 12.64 13.23
31-08-2023 12.57 13.16
30-08-2023 12.59 13.18
29-08-2023 12.57 13.16
28-08-2023 12.56 13.15
25-08-2023 12.53 13.12
24-08-2023 12.58 13.16
23-08-2023 12.6 13.19
22-08-2023 12.55 13.14
21-08-2023 12.52 13.11
18-08-2023 12.49 13.07
17-08-2023 12.51 13.09
16-08-2023 12.58 13.16
14-08-2023 12.56 13.14
11-08-2023 12.56 13.14
10-08-2023 12.63 13.21
09-08-2023 12.69 13.27
08-08-2023 12.66 13.24
07-08-2023 12.67 13.25
04-08-2023 12.62 13.19
03-08-2023 12.55 13.13
02-08-2023 12.61 13.19
01-08-2023 12.71 13.29
31-07-2023 12.7 13.28
28-07-2023 12.65 13.23
27-07-2023 12.63 13.2
26-07-2023 12.7 13.28
25-07-2023 12.67 13.24
24-07-2023 12.66 13.23
21-07-2023 12.73 13.3
20-07-2023 12.83 13.41
19-07-2023 12.79 13.37
18-07-2023 12.75 13.32
17-07-2023 12.73 13.3
14-07-2023 12.66 13.22
13-07-2023 12.59 13.15
12-07-2023 12.57 13.13
11-07-2023 12.57 13.13
10-07-2023 12.52 13.08
07-07-2023 12.52 13.08
06-07-2023 12.6 13.16
05-07-2023 12.54 13.09
04-07-2023 12.54 13.09
03-07-2023 12.52 13.08
30-06-2023 12.46 13.01
28-06-2023 12.37 12.92
27-06-2023 12.32 12.86
26-06-2023 12.26 12.8
23-06-2023 12.24 12.77
22-06-2023 12.3 12.84
21-06-2023 12.33 12.87
20-06-2023 12.3 12.83
19-06-2023 12.3 12.83
16-06-2023 12.32 12.86
15-06-2023 12.24 12.77
14-06-2023 12.25 12.78
13-06-2023 12.24 12.77
12-06-2023 12.17 12.69
09-06-2023 12.15 12.67
08-06-2023 12.14 12.66
07-06-2023 12.2 12.72
06-06-2023 12.11 12.62
05-06-2023 12.08 12.6
02-06-2023 12.03 12.54
01-06-2023 12.01 12.52
31-05-2023 12.04 12.55
30-05-2023 12.08 12.6
29-05-2023 12.05 12.56
26-05-2023 11.99 12.5
25-05-2023 11.92 12.43
24-05-2023 11.92 12.43
23-05-2023 11.95 12.46
22-05-2023 11.97 12.47
19-05-2023 11.98 12.48
18-05-2023 11.97 12.48
17-05-2023 11.99 12.49
16-05-2023 12.01 12.51
15-05-2023 12.02 12.53
12-05-2023 11.99 12.49
11-05-2023 11.96 12.45
10-05-2023 11.93 12.43
09-05-2023 11.9 12.4
08-05-2023 11.9 12.4
05-05-2023 11.82 12.31
04-05-2023 11.9 12.39
03-05-2023 11.81 12.3
02-05-2023 11.8 12.29
28-04-2023 11.75 12.23
27-04-2023 11.69 12.17
26-04-2023 11.66 12.13
25-04-2023 11.62 12.1
24-04-2023 11.62 12.09
21-04-2023 11.57 12.04
20-04-2023 11.61 12.09
19-04-2023 11.61 12.08
18-04-2023 11.64 12.11
17-04-2023 11.66 12.13

Fund Launch Date: 04/Feb/2021
Fund Category: Dynamic Asset Allocation or Balanced Advantage
Investment 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.
Fund Description: An open ended dynamic asset allocation fund
Fund Benchmark: CRISIL Hybrid 50+50 Moderate Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.