PGIM India Multi Asset Allocation Fund
PGIM Mutual Fund·Multi Asset Allocation·vs Nifty 200 TRI
PGIM's multi-asset fund maintains a balanced defensive posture with nearly 37% parked in cash, gold, and silver—signaling caution amid market uncertainty. The 52.5% equity allocation tilts heavily toward financial stocks and sovereign exposure, reflecting confidence in banking stability and government creditworthiness. Recent shifts toward longer-dated government bonds and fresh treasury bill purchases suggest the manager is extending duration while staying tactically defensive, prioritizing capital preservation over growth.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹10.4700 | — | — | — | — | — | — |
| Regular Growth | ₹10.3900 | +2.26% | -1.14% | — | — | — | — |
| Direct IDCW | ₹10.4700 | — | — | — | — | — | — |
| Regular IDCW | ₹10.3900 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
89
Top 5 Weight
23.35%
Top 10 Weight
38.40%
Active Share
—
Large Cap
43.79%
Gini
0.474
What Changed2026-03-31 → 2026-04-30
Holdings: 103 → 105+3 added−1 removed33 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| 360 One Wam Ltd. | 0.47% |
| 8.33% Government of India | 2.64% |
| 182 DAYS TBILL RED 11-06-2026 | 0.37% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Net Receivables / (Payables) nan | 15.83% |
| 2 | 6.01% Government of India IN0020250067 | 7.35% |
| 3 | HDFC Bank Ltd. INE040A01034 | 4.51% |
| 4 | HDFC Mutual Fund-GOLD ETF INF179KC1981 | 3.83% |
| 5 | SBI Mutual Fund-GOLD ETF INF200KA16D8 | 3.83% |
| 6 | ICICI Prudential Mutual Fund-GOLD ETF INF109KC1NT3 | 3.83% |
| 7 | Titan Company Ltd. INE280A01028 | 3.35% |
| 8 | Kotak Mahindra Bank Ltd. INE237A01036 | 3.19% |
| 9 | ICICI Prudential Mutual Fund-SILVER ETF INF109KC1Y56 | 2.94% |
| 10 | Nippon India Mutual Fund-SILVER ETF INF204KC1402 | 2.93% |
| 11 | 8.33% Government of India IN0020120039 | 2.64% |
| 12 | Larsen & Toubro Ltd. INE018A01030 | 2.58% |
| 13 | Hindustan Unilever Ltd. INE030A01027 | 2.48% |
| 14 | ICICI Bank Ltd. INE090A01021 | 2.34% |
| 15 | Clearing Corporation of India Ltd. nan | 2.22% |
| 16 | Reliance Industries Ltd. INE002A01018 | 2.02% |
| 17 | DSP Mutual Fund-SILVER ETF INF740KA1RE3 | 1.72% |
| 18 | Bajaj Finance Ltd. INE296A01032 | 1.59% |
| 19 | Solar Industries India Ltd. INE343H01029 | 1.55% |
| 20 | State Bank of India INE062A01020 | 1.40% |
Sector Allocation
nan21.6%
Banks12.7%
SOVEREIGN10.4%
Pharmaceuticals & Biotechnology5.4%
Consumer Durables4.8%
Finance3.7%
Retailing3.3%
Auto Components3.1%
IT - Software3.1%
Construction2.6%
Top 10 sectors by % to NAV. Excludes derivatives.