PGIM India Multi Asset Allocation Fund

NAV as on 23 Jul 2026: ₹10.4800
-0.57%
Benchmark: 60% of Nifty 500 TRI+ 20% of Crisil Short Term Bond Index + 10% of Domestic prices of Gold + 10% of Domestic prices of Silver
Risk: Very High
AUM as on 30 Jun 2026: ₹282.46 Cr
Date of Inception: 28 Nov 2025
Expense Ratio (22 Jul 2026): 0.86%
Ideal Holding Period: 3 Years+

₹1 Lakh invested

Over last :

Invested as :

Returns Comparison - Fund Returns vs Benchmark Returns
Return Type	Annual Returns*	Current Value
Fund Returns	6.31%	₹1,03,653
Benchmark Returns	7.32%	₹1,04,229

*Returns are Simple Annualised Returns

The performance provided is for Direct Plan - Growth Option.

The above returns are as on date 30 Jun 2026

Fund Returns

Annual Returns*

6.31%

Current value

₹1,03,653

Benchmark Returns*

7.32%

Current value

₹1,04,229

*Returns are Simple Annualised Returns

The performance provided is for Direct Plan - Growth Option.

The above returns are as on date 30 Jun 2026

Exit Load

For Exits within 90 days from date of allotment of units : 0.50% .
For Exits beyond 90 days from date of allotment of units : NIL

Minimum Investment

SIP : ₹1,000 | Lumpsum : ₹5,000

Portfolio Holdings as on 30 Jun 2026

Asset Allocation

Unhedged Equity - 46.60%
Hedged Equity - 20.73%
MUTUAL FUND - 20.53%
Debt - 10.31%
Cash and Cash Equivalents - 1.83%

Top holdings

HDFC BANK LTD
4.23 %
KOTAK MAHINDRA BANK LTD
3.12 %
TITAN COMPANY LTD - INR1
3.04 %
LARSEN & TOUBRO LTD
2.56 %
HINDUSTAN UNILEVER LTD
2.31 %

Top Sectors

Financial Services
19.76 %
Healthcare
6.71 %
Fast Moving Consumer Goods
5.74 %
Automobile and Auto Components
5.43 %
Consumer Durables
4.38 %

Quantitative Indicators

Portfolio Turnover: 0.12%
Modified Duration: 2.5 Years
Portfolio Macaulay Duration: 2.6 Years
Average Maturity: 2.9 Years

Performance

Historical Returns

Historical Returns Calculator

Historical Returns as of June 30, 2026 with lumpsum investment of ₹10,000

	PGIM India Multi Asset Allocation FundReturns ^Value*	Benchmark(Tier 1)*Returns ^Value	Benchmark(Tier 2)#Returns ^Value*
6 Months	2.56%₹10,127	0.70 %₹ 10,035	-16.34 %₹ 9,190
Since Inception	6.31%₹10,370	7.32 %₹ 10,429	-14.26 %₹ 9,164

Benchmark(Tier 1) - 60% of Nifty 500 TRI+ 20% of Crisil Short Term Bond Index + 10% of Domestic prices of Gold + 10% of Domestic prices of Silver
Benchmark(Tier 2) - Nifty 50 TRI
Date of Inception: Direct Plan: November 28, 2025.
^Above returns are CAGR - Compounded Annual Growth Rate.
** Scheme Benchmark. # Standard Benchmark. *Based on standard investment of Rs.10,000 made at the beginning of the relevant period.
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
Different plans have a different expense structure. The above returns are as on June 30, 2026.
The performance provided is for Direct Plan - Growth Option.

Fund Managers

Vivek Sharma

Extensive experience within the Indian financial markets, particularly in equity research.

A Anandha Padmanabhan

Extensive experience in Indian financial markets, with a primary focus on equity research.

Utsav Mehta

Extensive experience in Indian equities across equity research and portfolio management.

Puneet Pal

He has more than two decades of experience in the debt markets within the mutual fund space.

Fund Details

Investment Objective

The investment objective of the Scheme is to seek to generate long term capital appreciation by investing in multiple asset classes including equity and equity related securities, debt and money market instruments, Gold ETFs & Silver ETFs. However, there is no assurance that the investment objective of the scheme will be achieved. The Scheme does not guarantee/ indicate any returns.

Fund Type

An open-ended scheme investing in Equity and Equity related instruments, Debt & Money Market instruments, Gold ETFs & Silver ETFs

Investment Strategy

The scheme will be actively managed. The allocation between various asset classes within the defined range will follow a dynamic asset allocation approach, investing predominantly across asset classes such as equity, debt, gold ETFs and silver ETFs. The scheme’s portfolio construct will depend on market conditions, global events, broad macroeconomic landscape, etc. The equity exposure will be managed dynamically and increased as and when factors are favourable towards the asset class.

Equity: The scheme will follow a bottom up approach to identify individual stocks. The intention is to run a market cap agnostic portfolio with a focus on high quality and high growth companies, i.e. companies with strong fundamentals, good management and having the potential to deliver sustainable growth over a period of time.

Diversification: The scheme aims to maintain a diversified portfolio across multiple sectors and asset classes to reduce concentration risk. It may also refer to proprietary/in-house models that are based on various broad market parameters, including but not limited to: Nifty 500 Price to Earnings Ratio, Gold Silver Ratio, etc. These models may be used by the fund manager as deemed appropriate. The fund manager will look to rebalance the portfolio at regular intervals.

The allocation to each asset class will be guided by a comprehensive asset allocation framework that considers market valuations and macroeconomic factors among other indicators.

About PGIM India Multi Asset Allocation Fund

Diversifying across multiple asset classes may reduce portfolio risk and offer better risk-adjusted returns over the long run. This is the fundamental idea behind a multi asset allocation funds, where exposure is spread across assets that behave differently under varying market conditions.

For example, when equity markets face headwinds due to macroeconomic uncertainty, gold may perform relatively well. During periods of economic expansion, silver prices may shine. Exposure to debt and money market instruments helps provide stability and acts as a cushion during equity market downturns.

PGIM India Multi Asset Allocation Fund brings together these asset classes under a single fund, offering investors the convenience of a multi asset fund with gold and silver ETFs along with equity and debt exposure. This structure helps investors avoid the complexity of managing multiple individual investments while benefiting from diversification.

The fund also offers an efficient tax structure by maintaining equity-oriented characteristics, making it suitable for investors seeking long-term wealth creation through multi asset mutual funds.

For investors wondering what is a multi asset allocation fund, this scheme represents a professionally managed solution that dynamically allocates capital across asset classes based on market conditions, with the aim of delivering balanced growth over time.

In simple terms, the multi asset allocation fund advantage lies in its ability to combine growth, stability, and diversification within a single investment product, making it a suitable option for investors with long-term financial goals.

Frequently Asked Questions

A multi asset allocation fund invests across multiple asset classes such as equity, debt, and Gold ETFs, Silver ETFs, REITs, with the aim of balancing risk and returns through diversification.
By spreading investments across different asset classes that react differently to market conditions, the fund aims to reduce overall portfolio volatility during market ups and downs.
This fund is suitable for investors looking for moderate risk, long-term wealth creation, and exposure to multiple asset classes without managing them individually.
A minimum investment horizon of 3–5 years is recommended to allow the fund’s asset allocation strategy to play out across market cycles.
While Balanced Advantage Funds dynamically shift mainly between equity and debt, i.e., they mainly invest in two asset classes. On the other hand, Multi Asset Allocation Funds invest in three or more asset classes, offering broader diversification.
Yes, they can be a good option for first-time investors who want diversified exposure with relatively moderate to high risk compared to pure equity funds.
Taxation depends on the fund’s equity exposure. If equity allocation is 65% or more, it is taxed like an equity fund; otherwise, it follows debt fund taxation rules as per prevailing tax laws.
Yes, fund managers may rebalance allocations based on market conditions, valuations, and macroeconomic factors to optimise returns.
Yes, investors can invest via SIP (Systematic Investment Plan), making it easier to invest regularly and benefit from rupee cost averaging.
During volatile markets, exposure to debt, derivatives and gold may help cushion downside risk, making these funds relatively less volatile than pure equity funds.

Fund Documents

Riskometer

This product is suitable for investors who are seeking*:

- Capital appreciation over a long period of time
- Investments in a diversified portfolio of equity & equity related instruments, Debt & Money Market Instruments, and Gold ETFs & Silver ETFs.
- Degree of risk - VERY HIGH
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Scheme Riskometer

The risk of the scheme is Very High

Benchmark Riskometer

The risk of the Benchmark is
Very High
AMFI Tier - 1 Benchmark - 60% of Nifty 500 TRI+ 20% of Crisil Short Term Bond Index + 10% of Domestic prices of Gold + 10% of Domestic prices of Silver

The risk of the Benchmark is Very High
AMFI Tier - 1 Benchmark - 60% of Nifty 500 TRI+ 20% of Crisil Short Term Bond Index + 10% of Domestic prices of Gold + 10% of Domestic prices of Silver