NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹15.29
1.73%
NAV as on 03 Feb 26, 12:00 AM
very high risk
dynamic asset allocation
equity
NAV as on 03 Feb 26, 12:00 AM
very high risk
dynamic asset allocation
equity
5.96%p.a.
Last 1Y
9.86%p.a.
Last 3Y
0.00%p.a.
Last 5Y
8.86%p.a.
Since Inception
About PGIM India Balanced Advantage Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the PGIM India Balanced Advantage Fund - Growth scheme from PGIM India Asset Management Private Limited. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Feb 2021, PGIM India Balanced Advantage Fund - Growth is Dynamic Asset Allocation fund of its category with 928.64 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- PGIM India Balanced Advantage Fund - Growth delivered 6.0% annual returns during the last year. It has delivered 8.9% average annual returns since the fund was launched.
- PGIM India Balanced Advantage Fund - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund 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.
Top 10 Holdings
Abbott India Ltd
1.16%
Net Receivables
0.88%
Others CBLO
1.33%
CENTRAL GOVERNMENT LOAN 20061 GOI 08JN28 7.17 FV RS 100
0.27%
CENTRAL GOVERNMENT LOAN 31280 GOI 17JN32 6.54 FV RS 100
0.27%
GOVERNMENT OF INDIA 31909 GOI 22AG32 7.26 FV RS 100
0.03%
GOVERNMENT OF INDIA 32584 GOI 06FB33 7.26 FV RS 100
0.23%
GOVERNMENT OF INDIA 33002 GOI 12JU63 7.25 FV RS 100
1.53%
GOI Sec 7.18 24/07/2037
3.20%
GOI Sec 7.18 14/08/2033
4.66%
Fund Managers
- Puneet Pal (Dec 2021 - Present)
- Vinay Paharia (Apr 2023 - Present)
- Anandha Padmanabhan Anjeneyan (Apr 2023 - Present)
- Utsav Mehta (Apr 2024 - Present)
Key Information
View Scheme Document
PGIM India Balanced Advantage Fund - Growth SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on PGIM India Balanced Advantage Fund - Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in PGIM India Balanced Advantage Fund - Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in PGIM India Balanced Advantage Fund - Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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