PGIM India Multi Asset Allocation Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹10.5300 | — | — | — | — |
| Regular Growth | ₹10.4500 | +1.16% | — | — | — |
| Direct IDCW | ₹10.5300 | — | — | — | — |
| Regular IDCW | ₹10.4500 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 |
|---|---|
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does PGIM India Multi Asset Allocation Fund hold?
PGIM India Multi Asset Allocation Fund holds 89 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 23.35% of NAV.
What is the largest holding in PGIM India Multi Asset Allocation Fund?
The largest position in PGIM India Multi Asset Allocation Fund is Net Receivables / (Payables), accounting for 15.83% of NAV in the nan sector.
Is PGIM India Multi Asset Allocation Fund a concentrated or diversified fund?
With a Gini coefficient of 0.474, PGIM India Multi Asset Allocation Fund is moderately concentrated. The HHI concentration index is 23,455 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 23.35% of the portfolio.
What is the market cap allocation of PGIM India Multi Asset Allocation Fund?
Based on SEBI's AMFI classification, PGIM India Multi Asset Allocation Fund's equity portfolio is split as: Large Cap: 43.79%, Mid Cap: 15.68%, Small Cap: 3.82%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does PGIM India Multi Asset Allocation Fund invest in most?
PGIM India Multi Asset Allocation Fund has the highest allocation to nan (21.64%), Banks (12.69%), SOVEREIGN (10.36%). The fund is invested across 31 sectors in total.
How actively managed is PGIM India Multi Asset Allocation Fund compared to other Multi Asset Allocation funds?
PGIM India Multi Asset Allocation Fund has an Active Share of 70.46%, classifying it as "Highly Differentiated" among 32 Multi Asset Allocation peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in PGIM India Multi Asset Allocation Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, PGIM India Multi Asset Allocation Fund added 3 new stocks (including 360 One Wam Ltd.) and exited 1 stock (including 91 DAYS TBILL RED 17-04-2026). Total holding count increased from 103 to 105 stocks.