PGIM India Balanced Advantage Fund - Investment Information
- Hybrid
- Dynamic Asset Allocation
- Very High
-
₹12.17
(0.08%)
Current NAV 24-12-2024
-
1.76%
Returns
-
Min. SIP ₹1000
Min. Investment ₹5000
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.
Basic Details
Key Information About Investing Details.
- CategoryDynamic Asset Allocation
- KRAKARVY
- Inv. PlanIDCW
- Launched In04-Feb-21
- BenchmarkCRISIL Hybrid 50+50 Moderate TRI
- Fund TypeOpen Ended
- Fund HousePGIM India Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size1057.34 Cr.
- Min. Investment₹5000
- Min. Sip Inv.₹1000
- Min. Addl Inv.₹1000
- Expense Ratio2.16%
- Turn over159%
- Exit LoadPGIM India Balanced Advantage Fund - IDCW charges 0.5% of sell value; if fund sold before 90 days. There are no other charges.
Fund Managers
Details of Managers and their Experience
Fund Manage : 19
Total AUM. : ₹20,950 Cr.
Fund Manage : 3
Total AUM. : ₹1,488 Cr.
Fund Manage : 10
Total AUM. : ₹0 Cr.
Fund Manage : 8
Total AUM. : ₹20,326 Cr.
Fund Manage : 7
Total AUM. : ₹10,599 Cr.
AMC Office Information
Registered Office of Mutual Fund Company
- AMCPGIM India Mutual Fund
- Emailcare@pgimindia.co.in
- Office No022-61593000
- Websitehttps://www.pgimindiamf.com
- Address44th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex,Bandra (East), Mumbai - 400 051
Frequently Asked Questions
What is a mutual fund?
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.
What are the benefits of investing in funds?
Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.
Do mutual funds generate income?
Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.
How many types of mutual funds are there?
There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds
Who gets your money in mutual funds?
The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.