HybridMulti Asset AllocationRegularGrowthHigh

PGIM India Multi Asset Allocation Fund

Q: What is the NAV of PGIM India Multi Asset Allocation Fund?

As of 01 Oct 2026, the NAV of PGIM India Multi Asset Allocation Fund is ₹10.15 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has PGIM India Multi Asset Allocation Fund delivered?

PGIM India Multi Asset Allocation Fund has returned +1.60% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of PGIM India Multi Asset Allocation Fund?

PGIM India Multi Asset Allocation Fund charges an expense ratio of 2.56% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of PGIM India Multi Asset Allocation Fund?

PGIM India Multi Asset Allocation Fund's largest holdings are 6.01% Government of India (6.4%), HDFC Bank Ltd. (4.5%), HDFC Mutual Fund (4.1%), SBI Mutual Fund (4.1%) and ICICI Prudential Mutual Fund (4.1%). Holdings are disclosed monthly and change over time.

Q: How risky is PGIM India Multi Asset Allocation Fund?

PGIM India Multi Asset Allocation Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.3% and its worst peak-to-trough fall in our sample was -12.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of PGIM India Multi Asset Allocation Fund?

PGIM India Multi Asset Allocation Fund is benchmarked against the 60% of Nifty 500 TRI+ 20% of Crisil Short Term Bond Index + 10% of Domestic prices of Gold + 10% of Domestic prices of S. Its alpha and beta on this page are measured against that index.

Q: Who manages PGIM India Multi Asset Allocation Fund?

PGIM India Multi Asset Allocation Fund is managed by Vivek Sharma, Anandha Padmanabhan Anjeneyan, Utsav Mehta and Puneet Pal at PGIM India.

Q: How is PGIM India Multi Asset Allocation Fund taxed?

PGIM India Multi Asset Allocation Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

PGIM India Mutual Fund · Best Multi Asset Allocation Mutual Funds

NAV

₹10.15

-0.59% 1D

as of 01 Oct 2026

This is the Regular plan of PGIM India Multi Asset Allocation Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

Compare SIP calculator

Performance

+1.60%absolute

52-week rangePrev NAV ₹10.21

Latest ₹10.15

Low ₹9.5644th percentile of its 52-week rangeHigh ₹10.90

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Multi Asset Allocation peers to rank yet

RiskHigh

Volatility 13.3% vs 9.8% category avg

CostHigh

2.6% expense vs 2.2% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

No standout strengths identified.

Concerns

More volatile than its Multi Asset Allocation peers (13.3% vs 9.8%)
High expense ratio (2.56%) vs the Multi Asset Allocation average of 2.17%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.56%

Category 2.17%▲0.39%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

25.98

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.71

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

- For each purchase of units through Lumpsum / switch‐in / Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP), exit load will be as follows: 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 The entire exit load (net of Goods and Service Tax), charged, if any, shall be credited to the Scheme. The AMC re

Up to 0.50%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹1,000

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

60% of Nifty 500 TRI+ 20% of Crisil Short Term Bond Index + 10% of Domestic prices of Gold + 10% of Domestic prices of S

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

03 Dec 2025

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-4.25%

Absolute return over the last 3 months (not annualized)

-1.36%

Absolute return over the last 6 months (not annualized)

+3.15%

Absolute return since 1 Jan of this year (not annualized)

-0.78%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+1.60%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.34%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-12.29%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

—

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 50 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 50 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Multi Asset Allocation)

Period	Fund	Category avg.	Diff
1M abs	-4.25%	-3.70%	-0.55%
3M abs	-1.36%	-1.82%	+0.46%
6M abs	+3.15%	+3.30%	-0.15%
1Y CAGR	—	+4.46%	—
3Y CAGR	—	+12.97%	—
5Y CAGR	—	+11.80%	—

Category average across peers in Multi Asset Allocation (up to 36 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹90.00K

Current value

₹88.40K

Absolute

-1.77%

XIRR

-5.21%

Value vs. invested

ValueInvested

9 monthly installments of ₹10,000 into PGIM India Multi Asset Allocation Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 50 TRI	Diff
2026part	-0.78%	-12.85%	+12.07%
2025part	+2.40%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

206

Expense ratio

2.56%

AUM

₹270.36Cr

Portfolio turnover

11%

Exit load

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

26.0

P/B ratio

5.7

Avg market cap

₹3,67,491Cr

P/E & P/B are portfolio-weighted harmonic means across 70 of 78 equity holdings (62% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Multi Asset Allocation

Compare all


PGIM India Multi Asset Allocation FundThis fund PGIM India · Regular · Growth	—	—	—	—	—	2.56%	₹270.36Cr
Quant Multi Asset Allocation Fund quant · Regular · Growth	★★★☆☆	+11.58%	+19.86%	+17.26%	—	2.29%	₹5,474Cr
Nippon India Multi Asset Allocation Fund Nippon India · Regular · Growth	★★★★★	+6.63%	+16.71%	+13.46%	—	1.44%	₹15,069Cr
DSP Multi Asset Allocation Fund DSP · Regular · Growth	★★★★★	+7.28%	+15.92%	—	—	1.59%	₹9,515Cr
Kotak Multi Asset Allocation Fund Kotak Mahindra · Regular · Growth	★★★☆☆	+8.94%	+15.58%	—	—	1.77%	₹13,629Cr
WhiteOak Capital Multi Asset Allocation Fund WhiteOak Capital · Regular · Growth	★★★★★	+7.98%	+15.16%	—	—	1.67%	₹7,308Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 98% of the equity sleeve priced.

Large cap66.9%
Mid cap28.0%
Small cap5.1%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity66.78%
Other19.51%
Debt10.47%
Cash & Equivalents3.24%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
PGIM India Balanced Advantage Fund PGIM India · Dynamic Asset Allocation or Balanced Advantage	58.7% of 75% equity	★★☆☆☆	0.91%	+6.33%
PGIM India Flexi Cap Fund PGIM India · Flexi Cap Fund	57.4%	★★★☆☆	0.84%	+9.63%
PGIM India ELSS Tax Saver Fund PGIM India · ELSS	57.3%	★★☆☆☆	1.07%	+8.26%
PGIM India Large and Midcap Fund PGIM India · Large & Mid Cap Fund	57.2%	★★☆☆☆	0.89%	—
PGIM India Aggressive Hybrid Equity Fund PGIM India · Aggressive Hybrid Fund	56.1% of 76% equity	★★☆☆☆	1.08%	+8.38%
PGIM India Large Cap Fund PGIM India · Large Cap Fund	55.8%	★☆☆☆☆	1.09%	+6.54%
Canara Robeco Flexi Cap Fund Canara Robeco · Flexi Cap Fund	50.6%	★★★☆☆	0.69%	+10.26%
Edelweiss Large Cap Fund Edelweiss · Large Cap Fund	49.4%	★★★☆☆	1.00%	+8.96%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

1 holding — 0.71% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Rubicon Research LimitedLong-term · Stage I0.71%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-12.3%29 Jan 2026 → 23 Mar 2026
Still below that high — 2 months down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹270.36Cr

April - June 2026

+19%

since January - March 2026

+₹45.98Cr

est. net flow, last quarter

At or near its largest, ₹270.36Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

PGIM India Mutual Fund is the Indian arm of PGIM, the global asset management business of the US insurer Prudential Financial. It was formerly DHFL Pramerica Mutual Fund; PGIM bought out DHFL's stake in 2019 and renamed the house.

Launched

12 May 2010

Total AUM

₹27,859Cr+4.6% QoQ

Avg AUM · July - September 2026

Website

pgimindia.com/mutual-funds

Fund Managers

VSVivek SharmaManaging since 28 Nov 2025

Education

PGDM - Finance

Experience

Collectively over 15 years of experience in Equity market, research and fund Management : • April 09, 2024 onwards - PGIM India Asset Management Pvt Ltd. - Fund Manager – Equity • September 01, 2023 to March 20, 2024 - Edelweiss Asset Management Limited - Fund Manager – Equity • March 09, 2017 to August 18, 2023 - PGIM India Asset Management Private Limited - Fund Manager – Equity • October 01, 2010 to March 06, 2017 - ICICI Securities Ltd - Research Analyst

Funds managed (13)

All schemes Vivek Sharma runs →

AAAnandha Padmanabhan AnjeneyanManaging since 28 Nov 2025

Education

B Com, ACA, CFA, FRM

Experience

Collectively over 17 years of experience in Indian financial markets, primarily in equity research: • June 1, 2021 onwards – PGIM India Asset Management Pvt. Ltd. – Equity Analyst and Assistant Fund Manager – Equity • January 2020 to May 31, 2021 – PGIM India Asset Management Pvt. Ltd. – Equity Analyst and Dedicated Fund Manager – Overseas Investments • March 2019 to January 2020 – PGIM India Asset Management Pvt. Ltd. – Equity Analyst • May 2018 to March 2019 – Equity Analyst – Renaissance Investment Managers Private Ltd. • August 2010 to May 2018 – Equity Analyst – Canara Robeco Asset Management Company Ltd. • September 2009 to August 2010 – Fixed Income Dealer- Canara Robeco Asset Management Company Ltd.

Funds managed (12)

All schemes Anandha Padmanabhan Anjeneyan runs →

UMUtsav MehtaManaging since 28 Nov 2025

Education

B.Com., CFA : B.Com, ACA, CFA, FRM : M.M.S

Experience

Over 14 years of experience in Equity market, research and fund management : • October 23, 2023 onwards - PGIM India Asset Management Pvt Ltd. - Vice President - Fund Manager - Equity. • September 2018 to October 2023 - Edelweiss Asset Management Ltd - VP, Alternatives. • June 2014 to September 2018 - Ambit Capital - Sector Analyst - Institutional Equities. • January 2014 to May 2014 - MF Advisors LLP - Analyst – Investments. • November 2012 - December 2013 - Ambit Capital - Associate – Investment Research

Funds managed (6)

All schemes Utsav Mehta runs →

PPPuneet PalManaging since 28 Nov 2025

Education

MBA (Finance) from Symbiosis Institute of Business Management, Pune Category of the Scheme Arbitrage Fund Balanced Advantage Fund Equity Savings Fund

Experience

More than 25 years of PGIM experience in the Debt markets Fund, PGIM India Flexi within the Mutual Fund space. Below are details on his past stints: • December 01, 2021 onwards – Head – Fixed Income - PGIM India Asset Fund, PGIM India Equity Management Private Savings Limited. • December 13, 2017 to November 30, 2021 Deputy Head - Fixed PGIM Income - PGIM India Asset Management Private Limited. • February 2012 to December 12, 2017 - Head - Fixed Income - BNP Paribas Asset Management India Pvt. Ltd. • July 2008 to February 2012 - Sr. Vice President & Fund Manager - UTI Asset Management Company Ltd. • August 2006 to July 2008 - Fund Manager - Tata Asset Management Ltd. • April 2004 to August 2006 - Asst. Fund Manager - UTI Asset Management Company Ltd. • June 2001 to March 2004 - Dealer - UTI Asset Management Company Ltd.

Funds managed (21)

All schemes Puneet Pal runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Vivek Sharma Anandha Padmanabhan Anjeneyan Utsav Mehta Puneet Pal

Top holdings

HDFC Bank Ltd.Kotak Mahindra Bank Ltd.Titan Company Ltd.ICICI Bank Ltd.State Bank of India Hindustan Unilever Ltd.Solar Industries India Ltd.Infosys Ltd.Reliance Industries Ltd.Bajaj Finance Ltd.Larsen & Toubro Ltd.Grasim Industries Ltd.

PGIM India in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Multi Asset Allocation funds

Multi asset funds spread money across at least three asset classes — typically equity, debt and gold — each at 10% or more. The mix aims to reduce the impact of any one asset having a bad year.

Frequently asked questions

What is the NAV of PGIM India Multi Asset Allocation Fund?

As of 01 Oct 2026, the NAV of PGIM India Multi Asset Allocation Fund is ₹10.15 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has PGIM India Multi Asset Allocation Fund delivered?

PGIM India Multi Asset Allocation Fund has returned +1.60% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of PGIM India Multi Asset Allocation Fund?

PGIM India Multi Asset Allocation Fund charges an expense ratio of 2.56% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of PGIM India Multi Asset Allocation Fund?

PGIM India Multi Asset Allocation Fund's largest holdings are 6.01% Government of India (6.4%), HDFC Bank Ltd. (4.5%), HDFC Mutual Fund (4.1%), SBI Mutual Fund (4.1%) and ICICI Prudential Mutual Fund (4.1%). Holdings are disclosed monthly and change over time.

How risky is PGIM India Multi Asset Allocation Fund?

PGIM India Multi Asset Allocation Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.3% and its worst peak-to-trough fall in our sample was -12.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of PGIM India Multi Asset Allocation Fund?

PGIM India Multi Asset Allocation Fund is benchmarked against the 60% of Nifty 500 TRI+ 20% of Crisil Short Term Bond Index + 10% of Domestic prices of Gold + 10% of Domestic prices of S. Its alpha and beta on this page are measured against that index.

Who manages PGIM India Multi Asset Allocation Fund?

PGIM India Multi Asset Allocation Fund is managed by Vivek Sharma, Anandha Padmanabhan Anjeneyan, Utsav Mehta and Puneet Pal at PGIM India.

How is PGIM India Multi Asset Allocation Fund taxed?

PGIM India Multi Asset Allocation Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.