PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW
Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds. From PGIM India Mutual Fund. It's been running since 8 Feb 2021.
What ₹1 lakh would have become
Based on past returnsThese are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.
Play with a monthly investment
Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.
Vs 64 other funds in Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage
Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.
Year by year
Calendar-year returns. 3 of last 6 years were positive.
Every N-year window, not just today's number
Standard return metrics pick one arbitrary endpoint. Below, we take every overlapping N-year window in PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW's history and show the full distribution of outcomes — so you can see the typical case alongside the best and worst a real investor could have experienced.
1-year holding
1,127 windows- Positive over the window50% of windows
- Beat a 7% FD24% of windows
- Typical range (middle 50%)-2.85% to 6.88%
- Vs same-category peerstop 92% of same-category peers
3-year holding
636 windows- Positive over the window84% of windows
- Beat a 7% FD0% of windows
- Typical range (middle 50%)1.29% to 3.59%
- Vs same-category peerstop 80% of same-category peers
5-year holding
142 windows- Positive over the window65% of windows
- Beat a 7% FD0% of windows
- Typical range (middle 50%)-0.05% to 1.13%
- Vs same-category peerstop 93% of same-category peers
How to read: each bar shows the spread of CAGRs across every holding window — the darker central band is the middle 50% of outcomes; the lighter band is 80%. The vertical tick is the median. The amber line marks 7% (roughly where long-term bank FDs sat). All numbers are historical, computed from the fund's own NAV series.
PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW has fallen 22.7% at its worst.
This is the worst peak-to-trough fall the fund experienced in its entire NAV history — real historical data, not a simulation. If someone bought near the peak and panic-sold at the trough, that's the loss they'd have locked in. Someone who held through is still waiting for a full recovery. Being mentally ready for a fall of this size is what separates long-term investors from reactive traders.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 13% up or down in a typical year. Finance-speak calls this volatility.
A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.
Similar funds you might want to look at
Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.
Head-to-head comparisons
Side-by-side comparisons of PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW against other hybrid funds.
Technical details (for the pros)
Fund info
- Fund house
- PGIM India Mutual Fund
- Category
- Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage
- Plan
- Direct
- Option
- IDCW
- ISIN (Growth)
- INF663L01V56
- ISIN (Div re-invest)
- INF663L01V64
- Fund code
- 148659
- First price on record
- 8 Feb 2021 · 1,374 daily prices
About PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW
PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW is a Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage offered by PGIM India Mutual Fund under the Direct plan with the IDCW option. It has approximately 6 years of NAV track record. The fund falls in the hybrid category — Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.
The current NAV of PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW is ₹10.9300 (as of 4 Sep 2026). Historically, it has delivered -8.61% over the last year, -1.59% CAGR over 3 years, -0.80% CAGR over 5 years. Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 13.3% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 22.7%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.
Frequently asked
What is the latest NAV of PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW?+
The latest NAV of PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW is ₹10.9300 as of 4 Sep 2026, down 0.09% from the previous day. NAV is updated once a business day after the market close.
What are the returns of PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW?+
PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW has delivered 1-year return -8.61%, 3-year CAGR -1.59%, 5-year CAGR -0.80%, since-inception CAGR 1.30%. Returns are historical and don't predict future performance — markets move in cycles.
What category does PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW belong to?+
PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW is categorised as Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage. Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.
How risky is PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW?+
Based on its 3-year annualised volatility of 13.3%, PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW a direct plan?+
PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).
How old is PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW?+
PGIM India Balanced Advantage Fund - Direct Plan - Direct IDCW has NAV history available from 8 Feb 2021 — approximately 6 years of track record and 1,374 daily NAV observations.
Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.