November 11, 2025
RA Jainee
PGIM India Multi Asset Allocation Fund Direct-Growth
PGIM India Multi Asset Allocation Fund Direct-Growth snapshot
| NFO opens on | 11 November 2025 |
| NFO Closes on | 25 November 2025 |
| Min. Investment | Rs. 5000 |
| Plans | Growth, IDCW |
| Sahifund Verdict | A well-structured multi-asset fund offering balanced exposure to equity, debt, gold and silver. Strong fund management team and diversified benchmark make it suitable for long-term investors seeking lower volatility. Not ideal for short-term or low-risk investors. |
⏱️ Last Update: 18 November 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the PGIM India Multi Asset Allocation Fund Direct-Growth Open Date, Close Date?
NFO opens on November 11, 2025
NFO will close on November 25, 2025
Investment Strategy for this NFO?
The scheme 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.
Basic Details
| Fund House | PGIM India Mutual Fund |
| Issue Open | 11 November 2025 |
| Issue Close | 25 November 2025 |
| Type | Open-ended |
| Category | Hybrid: Multi Asset Allocation |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 90 days |
| Riskometer | Very High |
| Benchmark | NIFTY 500 TRI (60), CRISIL Short-Term Bond Index (20), Domestic Price of Gold (10), Domestic Price of Silver (10) |
About Benchmark Index for this NFO?
X
Fund Managers of PGIM India Multi Asset Allocation Fund Direct-Growth
1) Anandha Padmanabhan Anjeneyan
Education: Mr. Anjeneyan is a B. Com, ACA, CFA, FRM
Experience: Prior to joining PGIM India Asset Management Pvt Ltd, he has worked with Renaissance Investment Managers Private Limited, Canara Robeco Asset Management Company Limited.
2) Utsav Mehta
Education: Mr. Mehta has done B.Com and CFA
Experience: Prior to joining PGIM Mutual Fund, he has worked with Edelweiss Asset Management Ltd and Ambit Capital
3) Vivek Sharma
Education: Mr. Sharma is a PGDM Finance
Experience: Prior to joining PGIM India Asset Management Pvt. Ltd. – Equity Analyst and Asst. Fund Manager, he has worked with ICICI Securities Ltd. – Equity Analyst and JP Morgan Services India Pvt. Ltd.- Associate – Investment Banking.
4) Puneet Pal
Education: Mr. Pal is a B.Com (H) and MBA from SIBM Pune.
Experience: Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
AMC
PGIM India Asset Management Pvt. Ltd.
Address: 7th Floor, Radhe Empire, Chandavarkar Road Borivali (W), Mumbai Mumbai – 400092
Website: https://www.pgimindiamf.com
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for PGIM India Multi Asset Allocation Fund Direct-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY 500 TRI (60), CRISIL Short-Term Bond Index (20), Domestic Price of Gold (10), Domestic Price of Silver (10)
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | – | – | – | – | – |
| Total Return | – | – | – | – | – |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | – | – | – |
| Beta (NIFTY 50) | – | – | – |
| Correlation (NIFTY 50) | – | – | – |
Fundamentals
| P/E | P/B | Dividend Yield |
| – | – | – |
Top constituents by weightage
| Company’s Name | Weight(%) |
| ICICI Bank Ltd. | 21.41 |
| HDFC Bank Ltd. | 21.24 |
| Axis Bank Ltd. | 19.44 |
| Kotak Mahindra Bank Ltd. | 17.43 |
| IndusInd Bank Ltd. | 5.18 |
| Federal Bank Ltd. | 4.77 |
| IDFC First Bank Ltd. | 4.06 |
| Yes Bank Ltd. | 3.90 |
| Bandhan Bank Ltd. | 1.36 |
| RBL Bank Ltd. | 1.22 |
Study about Benchmark Index in details
Past Performance of Anandha Padmanabhan Anjeneyan
| Fund | PGIM India Flexi Cap Fund | It’s Benchmark | PGIM India Equity Savings Fund | It’s Benchmark |
| 1 Year | 5.71 | 4.99 | 5.87 | 6.66 |
| 3 Year | 12.98 | 15.94 | 7.15 | 11.00 |
| 5 Year | 17.19 | 19.27 | 8.04 | 11.23 |
| 7 Year | 16.85 | 16.09 | 7.52 | 10.36 |
| 10 Year | 14.08 | 15.01 | 7.12 | 9.79 |
As on 11-11-2025
Past Performance of Utsav Mehta
| Fund | PGIM India Midcap Fund | It’s Benchmark | PGIM India Balanced Advantage Fund | It’s Benchmark |
| 1 Year | 4.00 | 4.43 | 5.18 | 5.62 |
| 3 Year | 13.37 | 23.23 | 10.20 | 13.16 |
| 5 Year | 22.40 | 26.97 | — | — |
| 7 Year | 20.37 | 20.84 | — | — |
| 10 Year | 15.63 | 18.45 | — | — |
As on 11-11-2025
Past Performance of Vivek Sharma
| Fund | PGIM India Aggressive Hybrid Equity Fund | It’s Benchmark | PGIM India ELSS Tax Saver Fund | It’s Benchmark |
| 1 Year | 6.97 | 5.60 | 4.52 | 4.99 |
| 3 Year | 12.66 | 14.54 | 12.71 | 15.94 |
| 5 Year | 12.43 | 16.43 | 18.25 | 19.27 |
| 7 Year | 10.90 | 14.34 | 14.94 | 16.09 |
| 10 Year | 9.25 | 13.39 | — | — |
As on 11-11-2025
Past Performance of Puneet Pal
| Fund | PGIM India Dynamic Bond Fund | It’s Benchmark | PGIM India Corporate Bond Fund | It’s Benchmark |
| 1 Year | 5.67 | 5.59 | 7.92 | 5.59 |
| 3 Year | 6.89 | 7.14 | 7.31 | 7.14 |
| 5 Year | 5.07 | 5.37 | 5.79 | 5.37 |
| 7 Year | 6.73 | 6.23 | 6.80 | 6.23 |
| 10 Year | 6.83 | 6.26 | 6.51 | 6.26 |
As on 11-11-2025
[B] Review of Fund Managers
Anandha Padmanabhan Anjeneyan
-
Background: Mr. Anjeneyan is a B. Com, ACA, CFA, FRM, Prior to joining PGIM India Asset Management Pvt Ltd, he has worked with Renaissance Investment Managers Private Limited, Canara Robeco Asset Management Company Limited.
Utsav Mehta
-
Background: Mr. Mehta has done B.Com and CFA, Prior to joining PGIM Mutual Fund, he has worked with Edelweiss Asset Management Ltd and Ambit Capital
Vivek Sharma
-
Background: Mr. Sharma is a PGDM Finance, Prior to joining PGIM India Asset Management Pvt. Ltd. – Equity Analyst and Asst. Fund Manager, he has worked with ICICI Securities Ltd. – Equity Analyst and JP Morgan Services India Pvt. Ltd.- Associate – Investment Banking.
Puneet Pal
-
Background: Mr. Pal is a B.Com (H) and MBA from SIBM Pune., Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
Sahifund Verdict:
PGIM India MF launches its Multi Asset Allocation Fund aiming to generate long-term capital appreciation through allocation across equity, debt, gold ETFs, and silver ETFs. The diversified structure reduces single-asset volatility and suits investors seeking smoother long-term compounding. The benchmark mix (NIFTY 500 TRI – 60%, CRISIL Short-Term Bond – 20%, Gold – 10%, Silver – 10%) offers balanced exposure to equity growth and stability from debt & precious metals.
The fund is managed by a strong four-member team with solid track records in equity & fixed income—Anandha P. Anjeneyan, Utsav Mehta, Vivek Sharma & Puneet Pal. Their past performance in Flexicap, Midcap, Hybrid and Dynamic Bond categories indicates consistent risk-adjusted returns.
Given the very high risk label, the product is better suited for long-term wealth creation, not short-term parking. Investors looking for multi-asset diversification with disciplined asset allocation can consider this NFO. Conservative investors should evaluate post-NFO performance before taking exposure.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in PGIM India Multi Asset Allocation Fund Direct-Growth NFO?
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