Multi AssetDirect and Regular plans, Growth and IDCW options
Data as on 30-10-2026
PGIM India Multi Asset Allocation Fund is a Multi Asset fund run by PGIM India Mutual Fund. On 30-09-2026, it managed ₹324 Cr of investors' money.
NAV on 30-10-2026: Direct Plan Growth ₹10.12 (down 0.49% that day); Regular Plan Growth ₹9.96 (down 0.50% that day).
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Period | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| This fund (Direct) | −2.32% | −4.26% | −2.03% | -- | -- | -- | -- |
| This fund (Regular) | −2.45% | −4.69% | −2.83% | -- | -- | -- | -- |
| Multi Asset average | −1.71% | −3.33% | −1.78% | -- | -- | -- | -- |
| Best in Multi Asset | +0.22% | +1.02% | +3.21% | -- | -- | -- | -- |
| Worst in Multi Asset | −3.85% | −5.28% | −5.92% | -- | -- | -- | -- |
| Rank in Multi Asset | 30/37 | 27/36 | 18/34 | -- | -- | -- | -- |
Category rows compare the Direct plans of 37 Multi Asset funds. Rank 1 is the highest return. This fund's benchmark is 60% Nifty 500 TRI + 20% Crisil Short Term Bond Index + 10% Domestic prices of Gold + 10% Domestic prices of Silver. Returns of that index are not available to us, so the category average is the comparison.
| Year | Direct | Regular |
|---|---|---|
| 2026to date | −1.17% | −2.64% |
The five Multi Asset funds with the best three year return, and this fund. Direct plans.
| Fund name | Rank | AUM (Cr) | Exp. ratio | 1Y return | 3Y return | 3Y alpha | 3Y beta | 3Y Sharpe | 3Y Sortino | |
|---|---|---|---|---|---|---|---|---|---|---|
| Quant Multi Asset Allocation Fund | 1/15 | 6,608 | 1.13% | +8.36% | +21.56% | -- | -- | 1.37 | 1.95 | Compare |
| Nippon India Multi Asset Allocation Fund | 2/15 | 18,044 | 0.48% | +3.05% | +17.96% | -- | -- | 1.19 | 1.63 | Compare |
| DSP Multi Asset Allocation Fund | 3/15 | 10,820 | 0.62% | +4.15% | +17.30% | -- | -- | 1.32 | 1.84 | Compare |
| Kotak Multi Asset Allocation Fund | 4/15 | 15,236 | 0.63% | +4.34% | +16.23% | -- | -- | 0.83 | 1.11 | Compare |
| WhiteOak Capital Multi Asset Allocation Fund | 5/15 | 9,111 | 0.65% | +6.03% | +16.11% | -- | -- | 1.76 | 2.50 | Compare |
| PGIM India Multi Asset Allocation Fund | -- | 324 | 0.85% | -- | -- | -- | -- | -- | -- |
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
What each plan charges a year, in force from 15-10-2026
| Plan | Base expense ratio | Brokerage | Transaction costs | Levies and GST | Total expense ratio | Multi Asset median | Cost rank (1 = cheapest) |
|---|---|---|---|---|---|---|---|
| Direct | 0.54% | 0.05% | 0.01% | 0.25% | 0.85% | 0.85% | 19/37 |
| Regular | 1.99% | 0.05% | 0.01% | 0.51% | 2.56% | 2.15% | 31/37 |
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Multi Asset funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Asset allocation as on 30-09-2026
65.2%Equity
| Asset | Fund | Category |
|---|---|---|
| Equity | 65.2% | 58.2% |
| Cash and others | 24.5% | 25.6% |
| Debt | 10.3% | 16.2% |
| Market cap | Fund | Category |
|---|---|---|
| Large Cap | 39.7% | 35.1% |
| Mid Cap | 20.3% | 11.8% |
| Small Cap | 3.9% | 9.3% |
| Not on AMFI's list | 1.3% | 1.1% |
Share of the whole fund. Category: the average of the Multi Asset funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Bonds and money market papers by credit rating, % of the fund. Category: the average of 37 Multi Asset funds.
| Rating | Fund | Category |
|---|---|---|
| Sovereign | 9.4% | 5.3% |
| AAA and A1+ | 0.9% | 8.2% |
Sector allocation of the fund's stocks as on 30-09-2026
Banks14.0%
Pharmaceuticals & Biotechnology4.7%
Consumer Durables4.3%
Retailing3.8%
Auto Components3.5%
IT - Software3.2%
Finance3.2%
Chemicals & Petrochemicals3.1%
Capital Markets2.4%
Petroleum Products2.1%
The ten largest of 31 sectors. The other 21 add up to 20.8%.
| Sector | July 2026 | August 2026 | September 2026 | Change |
|---|---|---|---|---|
| Banks | 14.6% | 14.1% | 14.0% | −0.6% |
| Pharmaceuticals & Biotechnology | 4.9% | 4.9% | 4.7% | −0.2% |
| Consumer Durables | 4.8% | 4.7% | 4.3% | −0.4% |
| Retailing | 3.5% | 3.5% | 3.8% | +0.3% |
| Auto Components | 3.5% | 3.4% | 3.5% | 0.0% |
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
As on 30-09-2026 · 90 holdings · from the fund house's monthly portfolio
| Holdings | Sector / Rating | Weight% | Holdings trend | 1M change |
|---|---|---|---|---|
| 6.01% Government of India · Government security | SOVEREIGN | 6.01% | ||
| SBI Mutual Fund | 4.61% | |||
| HDFC Mutual Fund | 4.61% | |||
| ICICI Prudential Mutual Fund | 4.61% | |||
| HDFC Bank Ltd. | Banks | 3.85% | −8.7% | |
| Kotak Mahindra Bank Ltd. | Banks | 3.79% | 0.0% | |
| 91 DAYS TBILL RED 01-10-2026 · Treasury bill | SOVEREIGN | 3.09% | ||
| Titan Company Ltd. | Consumer Durables | 3.00% | +3.9% | |
| ICICI Prudential Mutual Fund | 2.89% | |||
| Nippon India Mutual Fund | 2.86% | |||
| ICICI Bank Ltd. | Banks | 2.76% | +37.2% | |
| State Bank of India | Banks | 2.24% | +26.0% | |
| Reliance Industries Ltd. | Petroleum Products | 1.80% | +29.9% | |
| Larsen & Toubro Ltd. | Construction | 1.74% | +33.5% | |
| DSP Mutual Fund | 1.68% | |||
| Solar Industries India Ltd. | Chemicals & Petrochemicals | 1.63% | 0.0% | |
| Infosys Ltd. | IT - Software | 1.57% | +11.9% | |
| Bajaj Finance Ltd. | Finance | 1.50% | +11.9% | |
| Sona BLW Precision Forgings Ltd. | Auto Components | 1.45% | +11.9% | |
| AU Small Finance Bank Ltd. | Banks | 1.40% | +36.8% | |
| FSN E-Commerce Ventures Ltd. | Retailing | 1.30% | +11.9% | |
| Eternal Ltd. | Retailing | 1.28% | +11.9% | |
| Bharat Electronics Ltd. | Aerospace & Defense | 1.15% | +43.5% | |
| TVS Motor Company Ltd. | Automobiles | 1.13% | +11.9% | |
| Bharti Airtel Ltd. | Telecom - Services | 1.08% | +45.4% | |
| Tech Mahindra Ltd. | IT - Software | 1.07% | +12.0% | |
| Max Healthcare Institute Ltd. | Healthcare Services | 1.06% | +44.9% | |
| One 97 Communications Ltd. | Financial Technology (Fintech) | 0.96% | +52.7% | |
| Prestige Estates Projects Ltd. | Realty | 0.96% | +11.9% | |
| Brookfield India Real Estate Trust | Realty | 0.94% | ||
| Torrent Pharmaceuticals Ltd. | Pharmaceuticals & Biotechnology | 0.94% | +11.9% | |
| Divi's Laboratories Ltd. | Pharmaceuticals & Biotechnology | 0.93% | +67.2% | |
| Bharat Forge Ltd. | Auto Components | 0.93% | +11.9% | |
| Nestle India Ltd. | Food Products | 0.89% | +11.9% | |
| Mankind Pharma Ltd. | Pharmaceuticals & Biotechnology | 0.84% | +11.9% | |
| Torrent Power Ltd. | Power | 0.83% | +11.9% | |
| Navin Fluorine International Ltd. | Chemicals & Petrochemicals | 0.82% | New | |
| Marico Ltd. | Agricultural Food & other Products | 0.78% | +11.9% | |
| Vishal Mega Mart Ltd | Retailing | 0.75% | +68.5% | |
| NSE India Ltd. | Capital Markets | 0.75% | New | |
| CG Power and Industrial Solutions Ltd. | Electrical Equipment | 0.71% | +11.9% | |
| Bharti Hexacom Ltd. | Telecom - Services | 0.66% | +11.9% | |
| SRF Ltd. | Chemicals & Petrochemicals | 0.63% | +12.0% | |
| Acutaas Chemicals Ltd. | Pharmaceuticals & Biotechnology | 0.63% | New | |
| 6.9% LIC Housing Finance Ltd. · Bond | CRISIL AAA | 0.61% | ||
| Rubicon Research Ltd. | Pharmaceuticals & Biotechnology | 0.60% | 0.0% | |
| Blue Star Ltd. | Consumer Durables | 0.58% | +12.0% | |
| Astral Ltd. | Industrial Products | 0.58% | +11.9% | |
| ICICI Prudential Asset Mgmt Co Ltd. | Capital Markets | 0.57% | +11.9% | |
| Horizon Industrial Parks Ltd. | Realty | 0.55% | 0.0% | |
| Tata Consumer Products Ltd. | Agricultural Food & other Products | 0.53% | New | |
| Power Grid Corporation of India Ltd. | Power | 0.52% | 0.0% | |
| Schaeffler India Ltd. | Auto Components | 0.51% | +11.8% | |
| TBO Tek Ltd. | Leisure Services | 0.50% | +18.5% | |
| ICICI Lombard General Insurance Co. Ltd. | Insurance | 0.49% | +11.9% | |
| VARUN BEVERAGES LIMITED | Beverages | 0.49% | +11.9% | |
| Dixon Technologies (India) Ltd. | Consumer Durables | 0.48% | +12.4% | |
| JSW Steel Ltd. | Ferrous Metals | 0.46% | +12.0% | |
| JK Cement Ltd. | Cement & Cement Products | 0.46% | +11.8% | |
| Cholamandalam Investment & Finance Company Ltd. | Finance | 0.45% | +12.0% | |
| 360 One Wam Ltd. | Capital Markets | 0.44% | +15.0% | |
| UNO Minda Ltd. | Auto Components | 0.44% | +11.9% | |
| Info Edge (India) Ltd. | Retailing | 0.43% | +12.0% | |
| Muthoot Finance Ltd. | Finance | 0.43% | 0.0% | |
| Multi Commodity Exchange Of India Ltd. | Capital Markets | 0.42% | +11.9% | |
| United Spirits Ltd. | Beverages | 0.42% | 0.0% | |
| Coromandel International Ltd. | Fertilizers & Agrochemicals | 0.42% | +11.9% | |
| HDFC Life Insurance Company Ltd. | Insurance | 0.42% | +13.2% | |
| Anthem Biosciences Ltd. | Pharmaceuticals & Biotechnology | 0.41% | +12.0% | |
| Shriram Finance Ltd. | Finance | 0.41% | +15.4% | |
| Hindalco Industries Ltd. | Non - Ferrous Metals | 0.40% | +11.9% | |
| Ajanta Pharma Ltd. | Pharmaceuticals & Biotechnology | 0.38% | +11.8% | |
| Power Finance Corporation Ltd. | Finance | 0.38% | +11.9% | |
| SBI Life Insurance Company Ltd. | Insurance | 0.37% | 0.0% | |
| Praj Industries Ltd. | Industrial Manufacturing | 0.35% | +11.9% | |
| Tata Consultancy Services Ltd. | IT - Software | 0.35% | +12.0% | |
| Global Health Ltd. | Healthcare Services | 0.35% | +11.9% | |
| Ashok Leyland Ltd. | Agricultural, Commercial & Construction Vehicles | 0.33% | +11.9% | |
| Mahindra & Mahindra Ltd. | Automobiles | 0.33% | +23.9% | |
| The Phoenix Mills Ltd. | Realty | 0.32% | 0.0% | |
| Export Import Bank of India · Certificate of deposit | CRISIL A1+ | 0.30% | ||
| 364 DAYS TBILL RED 20-05-2027 · Treasury bill | SOVEREIGN | 0.30% | ||
| LG Electronics India Ltd. | Consumer Durables | 0.29% | +16.9% | |
| Bharat Petroleum Corporation Ltd. | Petroleum Products | 0.27% | 0.0% | |
| Persistent Systems Ltd. | IT - Software | 0.23% | +12.2% | |
| HDFC Asset Management Company Ltd. | Capital Markets | 0.23% | +11.8% | |
| Jubilant Foodworks Ltd. | Leisure Services | 0.22% | +23.7% | |
| MRS Bectors Food Specialities Ltd. | Food Products | 0.22% | +11.9% | |
| Bikaji Foods International Ltd. | Food Products | 0.17% | 0.0% | |
| Endurance Technologies Ltd. | Auto Components | 0.14% | 0.0% |
All changes are between August 2026 and September 2026
| HDFC Bank Ltd. | Reduced | −8.7% | 3.85% |
|---|---|---|---|
| Titan Company Ltd. | Added | +3.9% | 3.00% |
| ICICI Bank Ltd. | Added | +37.2% | 2.76% |
| State Bank of India | Added | +26.0% | 2.24% |
| Hindustan Unilever Ltd. | Sold out | −100% | was 1.89% |
| Reliance Industries Ltd. | Added | +29.9% | 1.80% |
| Larsen & Toubro Ltd. | Added | +33.5% | 1.74% |
| Infosys Ltd. | Added | +11.9% | 1.57% |
| Bajaj Finance Ltd. | Added | +11.9% | 1.50% |
| Sona BLW Precision Forgings Ltd. | Added | +11.9% | 1.45% |
| AU Small Finance Bank Ltd. | Added | +36.8% | 1.40% |
| Grasim Industries Ltd. | Sold out | −100% | was 1.37% |
| FSN E-Commerce Ventures Ltd. | Added | +11.9% | 1.30% |
| Eternal Ltd. | Added | +11.9% | 1.28% |
| Sun Pharmaceutical Industries Ltd. | Sold out | −100% | was 1.16% |
| Bharat Electronics Ltd. | Added | +43.5% | 1.15% |
| TVS Motor Company Ltd. | Added | +11.9% | 1.13% |
| Bharti Airtel Ltd. | Added | +45.4% | 1.08% |
| Tech Mahindra Ltd. | Added | +12.0% | 1.07% |
| Max Healthcare Institute Ltd. | Added | +44.9% | 1.06% |
| Prestige Estates Projects Ltd. | Added | +11.9% | 0.96% |
| Nestle India Ltd. | Added | +11.9% | 0.89% |
| Bharat Forge Ltd. | Added | +11.9% | 0.93% |
| One 97 Communications Ltd. | Added | +52.7% | 0.96% |
| Torrent Pharmaceuticals Ltd. | Added | +11.9% | 0.94% |
| Divi's Laboratories Ltd. | Added | +67.2% | 0.93% |
| Mankind Pharma Ltd. | Added | +11.9% | 0.84% |
| Torrent Power Ltd. | Added | +11.9% | 0.83% |
| Navin Fluorine International Ltd. | New | New | 0.82% |
| Marico Ltd. | Added | +11.9% | 0.78% |
| Vishal Mega Mart Ltd | Added | +68.5% | 0.75% |
| NSE India Ltd. | New | New | 0.75% |
| CG Power and Industrial Solutions Ltd. | Added | +11.9% | 0.71% |
| Bharti Hexacom Ltd. | Added | +11.9% | 0.66% |
| Acutaas Chemicals Ltd. | New | New | 0.63% |
| SRF Ltd. | Added | +12.0% | 0.63% |
| Astral Ltd. | Added | +11.9% | 0.58% |
| Blue Star Ltd. | Added | +12.0% | 0.58% |
| ICICI Prudential Asset Mgmt Co Ltd. | Added | +11.9% | 0.57% |
| Tata Consumer Products Ltd. | New | New | 0.53% |
| Schaeffler India Ltd. | Added | +11.8% | 0.51% |
| Dixon Technologies (India) Ltd. | Added | +12.4% | 0.48% |
| TBO Tek Ltd. | Added | +18.5% | 0.50% |
| Cholamandalam Investment & Finance Company Ltd. | Added | +12.0% | 0.45% |
| VARUN BEVERAGES LIMITED | Added | +11.9% | 0.49% |
| ICICI Lombard General Insurance Co. Ltd. | Added | +11.9% | 0.49% |
| JSW Steel Ltd. | Added | +12.0% | 0.46% |
| 360 One Wam Ltd. | Added | +15.0% | 0.44% |
| JK Cement Ltd. | Added | +11.8% | 0.46% |
| UNO Minda Ltd. | Added | +11.9% | 0.44% |
| Info Edge (India) Ltd. | Added | +12.0% | 0.43% |
| Coromandel International Ltd. | Added | +11.9% | 0.42% |
| Shriram Finance Ltd. | Added | +15.4% | 0.41% |
| Multi Commodity Exchange Of India Ltd. | Added | +11.9% | 0.42% |
| HDFC Life Insurance Company Ltd. | Added | +13.2% | 0.42% |
| Hindalco Industries Ltd. | Added | +11.9% | 0.40% |
| Anthem Biosciences Ltd. | Added | +12.0% | 0.41% |
| Ajanta Pharma Ltd. | Added | +11.8% | 0.38% |
| Power Finance Corporation Ltd. | Added | +11.9% | 0.38% |
| Tata Consultancy Services Ltd. | Added | +12.0% | 0.35% |
| Praj Industries Ltd. | Added | +11.9% | 0.35% |
| Ashok Leyland Ltd. | Added | +11.9% | 0.33% |
| Global Health Ltd. | Added | +11.9% | 0.35% |
| Mahindra & Mahindra Ltd. | Added | +23.9% | 0.33% |
| LG Electronics India Ltd. | Added | +16.9% | 0.29% |
| HDFC Asset Management Company Ltd. | Added | +11.8% | 0.23% |
| Persistent Systems Ltd. | Added | +12.2% | 0.23% |
| MRS Bectors Food Specialities Ltd. | Added | +11.9% | 0.22% |
| Jubilant Foodworks Ltd. | Added | +23.7% | 0.22% |
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Funds with the most similar portfolios, across every fund house and category
| Fund | Overlap | Holdings in common | |
|---|---|---|---|
| PGIM India Flexi cap fundFlexi Cap · PGIM India | 46.4% | 55 | Compare |
| PGIM India ELSS Tax Saver FundELSS · PGIM India | 46.4% | 56 | Compare |
| PGIM India Large and Midcap FundLarge & Mid Cap · PGIM India | 44.5% | 54 | Compare |
| PGIM India Large Cap FundLarge Cap · PGIM India | 42.7% | 41 | Compare |
| PGIM India Aggressive Hybrid Equity FundAggressive Hybrid · PGIM India | 42.7% | 46 | Compare |
| PGIM India Balanced Advantage FundBalanced Advantage · PGIM India | 42.0% | 48 | Compare |
| PGIM India Multi Cap FundMulti Cap · PGIM India | 39.8% | 50 | Compare |
| Canara Robeco Flexi Cap FundFlexi Cap · Canara Robeco | 37.7% | 41 | Compare |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Fund facts from the scheme summary document, as on 16-10-2026
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
| Plan | Option | NAV | As on |
|---|---|---|---|
| direct | Growth | ₹10.12 | 30-10-2026 |
| direct | IDCW | ₹10.12 | 30-10-2026 |
| regular | Growth | ₹9.96 | 30-10-2026 |
| regular | IDCW | ₹9.96 | 30-10-2026 |
PGIM India Multi Asset Allocation Fund is a mutual fund from PGIM India Mutual Fund. Its category is Multi Asset. It was launched on 28-11-2025. Its benchmark is 60% Nifty 500 TRI + 20% Crisil Short Term Bond Index + 10% Domestic prices of Gold + 10% Domestic prices of Silver. At the end of September 2026 it held 90 securities.
Vivek Sharma
Fund manager of PGIM India Multi Asset Allocation Fund, since 28-11-2025
Anandha Padmanabhan Anjeneyan
Fund manager of PGIM India Multi Asset Allocation Fund, since 28-11-2025
Utsav Mehta
Fund manager of PGIM India Multi Asset Allocation Fund, since 28-11-2025
and Mr. Puneet Pal
Fund manager of PGIM India Multi Asset Allocation Fund, since 28-11-2025
See all funds of PGIM India Mutual Fund
AUM moves with money invested or taken out, and with the value of what the fund holds.
Returns, risk, costs and the stocks they share, side by side
The Direct plan NAV is ₹10.12. The Regular plan NAV is ₹9.96, as on 30-10-2026.
The Direct plan charges 0.85% a year. The Regular plan charges 2.56% a year. This is the figure the fund house reported to AMFI, in force from 15-10-2026.
PGIM India Multi Asset Allocation Fund managed ₹323.57 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
At the end of September 2026 the largest holdings were 6.01% Government of India (6.01%), SBIGOLD (4.61%), HDFCGOLD (4.61%), GOLDIETF (4.61%), HDFCBANK (3.85%). The fund held 90 securities in all.
It bought 4 new stocks: Acutaas Chemicals Ltd, Navin Fluorine International Ltd, Tata Consumer Products Ltd, NSE India Ltd. It sold out of 3: Hindustan Unilever Ltd, Sun Pharmaceutical Industries Ltd, Grasim Industries Ltd. It added shares in 61. It reduced 1.
Through PGIM India Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.
Vivek Sharma (since 28-11-2025), Anandha Padmanabhan Anjeneyan (since 28-11-2025), Utsav Mehta (since 28-11-2025), and Mr. Puneet Pal (since 28-11-2025).
Exit load of 0.50%, if redeemed within 90 days
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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