PGIM India Balanced Advantage Fund
The fund has tilted significantly toward equities at 67.2%, signaling confidence in market strength, while maintaining a defensive core through sovereign bonds and banking exposure. The portfolio is anchored in large-cap blue chips—HDFC Bank, Reliance, and the banking sector comprising nearly 15 percent—alongside 15 percent in government securities, creating a blend suited for moderate growth seekers. Recent shifts show the manager increasing liquidity and adding housing finance exposure while trimming fixed income securities, suggesting conviction in selective equity opportunities within a cautiously optimistic outlook.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹16.1100 | — | — | — | — |
| Regular Growth | ₹14.7000 | -1.01% | -3.10% | +6.97% | +7.25% |
| Direct IDCW | ₹10.6200 | — | — | — | — |
| Regular IDCW | ₹10.4700 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| 7.68% Housing & Urban Development Corp Ltd. | 0.60% |
| 6.9% Government of India | 0.13% |
| 91 DAYS TBILL RED 07-05-2026 | 0.30% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 5.58% |
| 2 | Reliance Industries Ltd. INE002A01018 | 5.21% |
| 3 | 7.18% Government of India IN0020230085 | 5.10% |
| 4 | ICICI Bank Ltd. INE090A01021 | 4.28% |
| 5 | 6.79% Government of India IN0020240126 | 3.67% |
| 6 | Bharti Airtel Ltd. INE397D01024 | 2.41% |
| 7 | Axis Bank Ltd. ** # INE238AD6CE5 | 2.39% |
| 8 | State Bank of India INE062A01020 | 2.23% |
| 9 | VARUN BEVERAGES LIMITED INE200M01039 | 2.10% |
| 10 | Larsen & Toubro Ltd. INE018A01030 | 1.76% |
| 11 | Bajaj Finance Ltd. INE296A01032 | 1.74% |
| 12 | Clearing Corporation of India Ltd. nan | 1.73% |
| 13 | 7.09% Government of India IN0020240118 | 1.70% |
| 14 | Muthoot Finance Ltd. ** INE414G14VR5 | 1.69% |
| 15 | 7.25% Government of India IN0020230044 | 1.64% |
| 16 | Bank of Baroda ** # INE028A16KR4 | 1.56% |
| 17 | Infosys Ltd. INE009A01021 | 1.45% |
| 18 | Titan Company Ltd. INE280A01028 | 1.30% |
| 19 | SRF Ltd. INE647A01010 | 1.23% |
| 20 | Small Industries Development Bank of India ** INE556F14MD4 | 1.20% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does PGIM India Balanced Advantage Fund hold?
PGIM India Balanced Advantage Fund holds 103 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 23.84% of NAV.
What is the largest holding in PGIM India Balanced Advantage Fund?
The largest position in PGIM India Balanced Advantage Fund is HDFC Bank Ltd., accounting for 5.58% of NAV in the Banks sector.
Is PGIM India Balanced Advantage Fund a concentrated or diversified fund?
With a Gini coefficient of 0.444, PGIM India Balanced Advantage Fund is well-diversified. The HHI concentration index is 20,032 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 23.84% of the portfolio.
What is the market cap allocation of PGIM India Balanced Advantage Fund?
Based on SEBI's AMFI classification, PGIM India Balanced Advantage Fund's equity portfolio is split as: Large Cap: 49.22%, Mid Cap: 13.99%, Small Cap: 2.45%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does PGIM India Balanced Advantage Fund invest in most?
PGIM India Balanced Advantage Fund has the highest allocation to SOVEREIGN (15.22%), Banks (14.90%), CRISIL A1+ (9.32%). The fund is invested across 36 sectors in total.
How actively managed is PGIM India Balanced Advantage Fund compared to other Dynamic Asset Allocation Fund funds?
PGIM India Balanced Advantage Fund has an Active Share of 56.21%, classifying it as "Active Stock Picker" among 35 Dynamic Asset Allocation Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in PGIM India Balanced Advantage Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, PGIM India Balanced Advantage Fund added 3 new stocks (including 7.68% Housing & Urban Development Corp Ltd.) and exited 3 stocks (including Dixon Technologies (India) Ltd.). Total holding count remained at 107 stocks.