PGIM India Aggressive Hybrid Equity Fund vs PGIM India Multi Asset Allocation Fund
Direct Plan, Growth option · Data as on 30-10-2026
PGIM India Aggressive Hybrid Equity Fund is an Aggressive Hybrid fund and PGIM India Multi Asset Allocation Fund is a Multi Asset fund. PGIM India Aggressive Hybrid Equity Fund charges 1.08% a year and PGIM India Multi Asset Allocation Fund 0.85% (Direct plans). Their portfolios overlap 42.7%: they hold 46 of the same securities.
PGIM India Aggressive Hybrid Equity Fund
Aggressive Hybrid
- Expense ratio
- 1.08%
- NAV
- ₹150.56
PGIM India Multi Asset Allocation Fund
Multi Asset
- Expense ratio
- 0.85%
- NAV
- ₹10.12
Which is better, PGIM India Aggressive Hybrid Equity or PGIM India Multi Asset Allocation? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- PGIM India Multi Asset Allocation costs less: 0.85% a year against 1.08% (Direct plans).
- PGIM India Aggressive Hybrid Equity fell less in its worst fall since 03-12-2025: −11.8% against −12.1%.
- PGIM India Aggressive Hybrid Equity holds more in large companies: 50.8% of the fund in large caps against 39.7%.
- PGIM India Multi Asset Allocation is the larger fund: ₹324 Cr against ₹193 Cr.
- Their portfolios overlap 42.7%: 46 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | PGIM India Aggressive Hybrid Equity Fund | PGIM India Multi Asset Allocation Fund |
|---|---|---|
| Fund house | PGIM India Mutual Fund | PGIM India Mutual Fund |
| Category | Aggressive Hybrid | Multi Asset |
| AUM | ₹193 Cr (30-09-2026) | ₹324 Cr (30-09-2026) |
| NAV | ₹150.56 (Direct) | ₹10.12 (Direct) |
| Expense ratio (Direct) | 1.08% | 0.85% |
| Expense ratio (Regular) | 2.55% | 2.56% |
| Riskometer | Very High | Very High |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | 60% Nifty 500 TRI + 20% Crisil Short Term Bond Index + 10% Domestic prices of Gold + 10% Domestic prices of Silver |
| Launch date | 05-02-2004 | 28-11-2025 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Vivek Sharma, Anandha Padmanabhan Anjeneyan, Vinay Paharia, Puneet Pal | Vivek Sharma, Anandha Padmanabhan Anjeneyan, Utsav Mehta, and Mr. Puneet Pal |
| Exit load | Exit load of 0.5%, if redeemed within 90 days. | Exit load of 0.50%, if redeemed within 90 days |
PGIM India Aggressive Hybrid Equity vs PGIM India Multi Asset Allocation: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| PGIM India Aggressive Hybrid Equity Fund (Direct) | −0.29% | −4.36% | −1.28% | −5.77% | +9.12% | +6.31% | +9.20% |
| PGIM India Multi Asset Allocation Fund (Direct) | −2.32% | −4.26% | −2.03% | -- | -- | -- | -- |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | +11.60% |
| Multi Asset average | −1.71% | −3.33% | −1.78% | -- | -- | -- | -- |
Category average: the average of the 29 Aggressive Hybrid funds and the 37 Multi Asset funds, same plan type.
PGIM India Aggressive Hybrid Equity vs PGIM India Multi Asset Allocation: Year-wise Returns
| Year | Aggressive Hybrid EquityPGIM India Aggressive Hybrid Equity | Multi Asset AllocationPGIM India Multi Asset Allocation |
|---|---|---|
| 2026to date | −4.49% | −1.17% |
| 2025 | +5.89% | -- |
| 2024 | +16.18% | -- |
| 2023 | +19.15% | -- |
| 2022 | −2.30% | -- |
| 2021 | +24.81% | -- |
PGIM India Aggressive Hybrid Equity vs PGIM India Multi Asset Allocation: Rolling Returns
Every holding period of both funds
PGIM India Aggressive Hybrid Equity vs PGIM India Multi Asset Allocation: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | PGIM India Aggressive Hybrid Equity Fund (Direct) | PGIM India Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.15% | +1.44% |
| Standard deviation | 11.49% | 13.01% |
| Sharpe ratio | 0.41 | -0.29 |
| Sortino ratio | 0.54 | -0.38 |
| Maximum drawdown | −31.2% (23-03-2020) | −12.1% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 08-03-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
PGIM India Aggressive Hybrid Equity Fund (Direct)
PGIM India Multi Asset Allocation Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| PGIM India Aggressive Hybrid Equity Fund (Direct) | −11.8% | 05-12-2025 | 30-03-2026 | 03-08-2026 | 4 months | −5.5% |
| PGIM India Multi Asset Allocation Fund (Direct) | −12.1% | 29-01-2026 | 23-03-2026 | 25-08-2026 | 5 months | −7.4% |
From daily values since 03-12-2025, the first day every fund has.
PGIM India Aggressive Hybrid Equity vs PGIM India Multi Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: PGIM India Aggressive Hybrid Equity Fund, September 2026; PGIM India Multi Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 42.7%
- Held by both
- 46
- Only in PGIM India Aggressive Hybrid Equity
- 24
- Only in PGIM India Multi Asset Allocation
- 44
| Security | % of PGIM India Aggressive Hybrid Equity | % of PGIM India Multi Asset Allocation |
|---|---|---|
| HDFC Bank Ltd. | 6.74% | 3.85% |
| ICICI Bank Ltd. | 6.41% | 2.76% |
| State Bank of India | 2.26% | 2.24% |
| Titan Company Ltd. | 2.14% | 3.00% |
| Reliance Industries Ltd. | 3.43% | 1.80% |
| 6.01% Government of India | 1.76% | 6.01% |
| Larsen & Toubro Ltd. | 2.97% | 1.74% |
| Infosys Ltd. | 2.69% | 1.57% |
| Bajaj Finance Ltd. | 2.09% | 1.50% |
| Sona BLW Precision Forgings Ltd. | 1.86% | 1.45% |
| Eternal Ltd. | 1.39% | 1.28% |
| Solar Industries India Ltd. | 1.24% | 1.63% |
| Bharti Airtel Ltd. | 3.69% | 1.08% |
| Max Healthcare Institute Ltd. | 1.30% | 1.06% |
| One 97 Communications Ltd. | 1.14% | 0.96% |
| TVS Motor Company Ltd. | 0.95% | 1.13% |
| Torrent Pharmaceuticals Ltd. | 1.41% | 0.94% |
| Bharat Electronics Ltd. | 0.90% | 1.15% |
| Marico Ltd. | 1.03% | 0.78% |
| Vishal Mega Mart Ltd | 0.79% | 0.75% |
| CG Power and Industrial Solutions Ltd. | 0.98% | 0.71% |
| Prestige Estates Projects Ltd. | 0.70% | 0.96% |
| SRF Ltd. | 1.12% | 0.63% |
| Tech Mahindra Ltd. | 0.59% | 1.07% |
| ICICI Prudential Asset Mgmt Co Ltd. | 1.01% | 0.57% |
| Horizon Industrial Parks Ltd. | 0.60% | 0.55% |
| Nestle India Ltd. | 0.55% | 0.89% |
| Power Grid Corporation of India Ltd. | 1.48% | 0.52% |
| 91 DAYS TBILL RED 01-10-2026 | 0.52% | 3.09% |
| VARUN BEVERAGES LIMITED | 0.77% | 0.49% |
| ICICI Lombard General Insurance Co. Ltd. | 0.53% | 0.49% |
| Dixon Technologies (India) Ltd. | 1.13% | 0.48% |
| UNO Minda Ltd. | 1.36% | 0.44% |
| Multi Commodity Exchange Of India Ltd. | 1.17% | 0.42% |
| United Spirits Ltd. | 0.54% | 0.42% |
| Shriram Finance Ltd. | 0.47% | 0.41% |
| Hindalco Industries Ltd. | 0.57% | 0.40% |
| Ajanta Pharma Ltd. | 1.09% | 0.38% |
| Muthoot Finance Ltd. | 0.38% | 0.43% |
| Power Finance Corporation Ltd. | 0.37% | 0.38% |
| Tata Consultancy Services Ltd. | 0.55% | 0.35% |
| Mahindra & Mahindra Ltd. | 1.21% | 0.33% |
| Ashok Leyland Ltd. | 0.49% | 0.33% |
| 364 DAYS TBILL RED 20-05-2027 | 0.75% | 0.30% |
| Export Import Bank of India | 0.50% | 0.30% |
| LG Electronics India Ltd. | 0.70% | 0.29% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 42.7% means 42.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in PGIM India Aggressive Hybrid Equity Fund
| Security | % of fund |
|---|---|
| 7.26% Government of India | 4.70% |
| Axis Bank Ltd. | 4.10% |
| 7.1% Government of India | 2.58% |
| 7.26% Government of India | 1.98% |
| Sai Life Sciences Ltd | 1.82% |
Largest holdings only in PGIM India Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| SBI Mutual Fund | 4.61% |
| HDFC Mutual Fund | 4.61% |
| ICICI Prudential Mutual Fund | 4.61% |
| Kotak Mahindra Bank Ltd. | 3.79% |
| ICICI Prudential Mutual Fund | 2.89% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | PGIM India Aggressive Hybrid Equity | PGIM India Multi Asset Allocation |
|---|---|---|
| Equity | 76.3% | 65.2% |
| Debt | 20.4% | 10.3% |
| Cash and others | 3.3% | 24.5% |
Market cap of stocks
| Market cap | PGIM India Aggressive Hybrid Equity | PGIM India Multi Asset Allocation |
|---|---|---|
| Large Cap | 50.8% | 39.7% |
| Mid Cap | 17.9% | 20.3% |
| Small Cap | 6.9% | 3.9% |
| Not on AMFI's list | 0.6% | 1.3% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | PGIM India Aggressive Hybrid Equity | PGIM India Multi Asset Allocation |
|---|---|---|
| Banks | 15.4% | 14.0% |
| Pharmaceuticals & Biotechnology | 5.4% | 4.7% |
| IT - Software | 4.6% | 3.2% |
| Consumer Durables | 4.0% | 4.3% |
| Auto Components | 4.2% | 3.5% |
| Finance | 4.1% | 3.2% |
| Retailing | 2.2% | 3.8% |
The six largest sectors of each fund's stocks, % of the fund.
PGIM India Aggressive Hybrid Equity vs PGIM India Multi Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | PGIM India Aggressive Hybrid Equity Fund | PGIM India Multi Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.08% | 0.85% |
| Base expense ratio (Direct) | 0.85% | 0.54% |
| Total expense ratio (Regular) | 2.55% | 2.56% |
| Base expense ratio (Regular) | 2.10% | 1.99% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare PGIM India Aggressive Hybrid Equity with
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- PGIM India Aggressive Hybrid Equity vs Edelweiss Aggressive Hybrid
Compare PGIM India Multi Asset Allocation with
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- PGIM India Multi Asset Allocation vs Nippon India Multi Asset Allocation
- PGIM India Multi Asset Allocation vs DSP Multi Asset Allocation
- PGIM India Multi Asset Allocation vs Kotak Multi Asset Allocation
- PGIM India Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation
PGIM India Aggressive Hybrid Equity Fund vs PGIM India Multi Asset Allocation Fund: Frequently Asked Questions
What is the difference between PGIM India Aggressive Hybrid Equity Fund and PGIM India Multi Asset Allocation Fund?
PGIM India Aggressive Hybrid Equity Fund is an Aggressive Hybrid fund, PGIM India Multi Asset Allocation Fund is a Multi Asset fund, run by PGIM India Mutual Fund. Their portfolios overlap 42.7%. PGIM India Aggressive Hybrid Equity Fund charges 1.08% a year and PGIM India Multi Asset Allocation Fund 0.85%.
Which has the lower expense ratio, PGIM India Aggressive Hybrid Equity Fund or PGIM India Multi Asset Allocation Fund?
PGIM India Multi Asset Allocation Fund charges less: 0.85% a year against 1.08%. These are the Direct plans' total expense ratios reported to AMFI.
How much do PGIM India Aggressive Hybrid Equity Fund and PGIM India Multi Asset Allocation Fund overlap?
42.7%. They hold 46 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, PGIM India Aggressive Hybrid Equity Fund or PGIM India Multi Asset Allocation Fund?
On SEBI's riskometer, PGIM India Aggressive Hybrid Equity Fund is rated Very High and PGIM India Multi Asset Allocation Fund Very High. Over their common history, the standard deviation of daily returns was 11.49% and 13.01% a year.
Can I invest in both PGIM India Aggressive Hybrid Equity Fund and PGIM India Multi Asset Allocation Fund?
Yes. 42.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages PGIM India Aggressive Hybrid Equity Fund and PGIM India Multi Asset Allocation Fund?
PGIM India Aggressive Hybrid Equity Fund: Vivek Sharma, Anandha Padmanabhan Anjeneyan, Vinay Paharia, Puneet Pal. PGIM India Multi Asset Allocation Fund: Vivek Sharma, Anandha Padmanabhan Anjeneyan, Utsav Mehta, and Mr. Puneet Pal.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.