{"id":252703,"date":"2026-09-17T12:56:56","date_gmt":"2026-09-17T07:26:56","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/"},"modified":"2026-09-17T12:56:56","modified_gmt":"2026-09-17T07:26:56","slug":"pgim-india-multi-asset-allocation-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/","title":{"rendered":"PGIM India Multi Asset Allocation Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/pgim-india-multi-asset-allocation-fund-g-direct-plan\">PGIM India Multi Asset Allocation Fund Direct Growth Plan<\/a> had a NAV of \u20b910.51 as of 16 Sep 2026, with scheme AUM of \u20b9306 Cr. Its 1-year, 3-year and 5-year returns are 0%, 0% and 0%, and the fund sits in the High Risk category.<\/p>\n<p>Our view is that this is a relatively new multi-asset offering with a small asset base and a portfolio that mixes cash, government securities, gold-linked fund units and select equities. That mix can support diversification, but the return history is still limited, so the case for the fund rests more on its structure than on an established long-term record.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_PGIM_India_Multi_Asset_Allocation\" title=\"Should you BUY or HOLD PGIM India Multi Asset Allocation?\">Should you BUY or HOLD PGIM India Multi Asset Allocation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_PGIM_India_Multi_Asset_Allocation_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of PGIM India Multi Asset Allocation Fund Direct Growth Plan?\">What is the current NAV of PGIM India Multi Asset Allocation Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#What_are_the_funds_returns_over_1_month_and_3_months\" title=\"What are the fund\u2019s returns over 1 month and 3 months?\">What are the fund\u2019s returns over 1 month and 3 months?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#Does_the_fund_have_a_1-year_3-year_or_5-year_performance_record\" title=\"Does the fund have a 1-year, 3-year or 5-year performance record?\">Does the fund have a 1-year, 3-year or 5-year performance record?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_the_benchmark\" title=\"How does the fund compare with the benchmark?\">How does the fund compare with the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#What_is_the_minimum_SIP_amount\" title=\"What is the minimum SIP amount?\">What is the minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#What_is_the_exit_load_and_who_manages_the_fund\" title=\"What is the exit load and who manages the fund?\">What is the exit load and who manages the fund?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/pgim-india-multi-asset-allocation-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b910.51 as of 16 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9306 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.0%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>28 Nov 2025<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b91,000<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Hybrid<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>0.50% on or before 90D, Nil after 90D<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Utsav Mehta, Anandha Padmanabhan Anjeneyan, Sharma Vivek, Puneet Pal<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Utsav Mehta, Anandha Padmanabhan Anjeneyan, Sharma Vivek and Puneet Pal.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-2.78%<\/td>\n<td>-4.41%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>0.19%<\/td>\n<td>-3.6%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent pattern is mixed but not weak in context. Over 1 month, the fund fell 2.78% while the benchmark fell more sharply, so the fund held up better in a soft period. Over 3 months, the fund stayed slightly positive at 0.19% while the benchmark was down 3.6%, which points to better short-run resilience than the benchmark.<\/p>\n<p>The daily path also looks uneven, with periods of small gains and dips rather than a straight trend. That kind of movement fits a multi-asset allocation style, where return drivers can change from one stretch to another. For investors, the key point is that the short-run picture is more constructive than the benchmark, even though the longer record is still not established here.<\/p>\n<p>Because the fund was launched on 28 Nov 2025, there is no meaningful 3-year or 5-year performance history to assess yet. That means we cannot lean on a long compounding record, and the current assessment has to depend on the available short-run behaviour and the portfolio mix.<\/p>\n<p>Against the benchmark, the fund has been ahead in the available periods. That does not guarantee durability, but it does suggest that the structure has so far handled recent market moves more steadily than the equity benchmark it is measured against.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_PGIM_India_Multi_Asset_Allocation\"><\/span>Should you BUY or HOLD PGIM India Multi Asset Allocation?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding PGIM India Multi Asset Allocation? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/pgim-india-multi-asset-allocation-fund-g-direct-plan\">PGIM India Multi Asset Allocation Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/platinum-hybrid-long-short-fund-g-direct-plan\">Platinum Hybrid Long-Short Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/titanium-hybrid-long-short-fund-g-direct-plan\">Titanium Hybrid Long-Short Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>On available return data, the current fund does not have a live 1-year, 3-year or 5-year figure to compare against its peers, so the peer table is driven by missing history rather than by a wide spread in published outcomes. That makes the short-run comparison useful mainly as a reminder that this scheme is still too young for a longer return debate.<\/p>\n<p>The shorter benchmark-style periods in the performance section are the only meaningful proof points at the moment, and they are better than the benchmark. Against peers, however, the visible return record is incomplete for everyone listed here, so the comparison does not separate the schemes in a practical way.<\/p>\n<p>For now, the more useful takeaway is that the fund\u2019s peer set also reflects early-stage histories. That means investors are mainly comparing structure, portfolio mix and stated risk, not a mature track record.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Net Receivables \/ (Payables)<\/td>\n<td>Cash &#038; Cash Equivalents and Net Assets<\/td>\n<td>11.08%<\/td>\n<\/tr>\n<tr>\n<td>6.01% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>6.42%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Mutual Fund<\/td>\n<td>Domestic Mutual Funds Units &#8211; Gold<\/td>\n<td>4.1%<\/td>\n<\/tr>\n<tr>\n<td>SBI Mutual Fund<\/td>\n<td>Domestic Mutual Funds Units &#8211; Gold<\/td>\n<td>4.09%<\/td>\n<\/tr>\n<tr>\n<td>ICICI Prudential Mutual Fund<\/td>\n<td>Domestic Mutual Funds Units &#8211; Gold<\/td>\n<td>4.08%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Ltd.<\/td>\n<td>Bank<\/td>\n<td>3.39%<\/td>\n<\/tr>\n<tr>\n<td>Clearing Corporation of India Ltd.<\/td>\n<td>Cash &#038; Cash Equivalents and Net Assets<\/td>\n<td>3.19%<\/td>\n<\/tr>\n<tr>\n<td>ICICI Prudential Mutual Fund<\/td>\n<td>Domestic Mutual Funds Units &#8211; Silver<\/td>\n<td>2.82%<\/td>\n<\/tr>\n<tr>\n<td>Nippon India Mutual Fund<\/td>\n<td>Domestic Mutual Funds Units &#8211; Silver<\/td>\n<td>2.78%<\/td>\n<\/tr>\n<tr>\n<td>ICICI Bank Ltd.<\/td>\n<td>Bank<\/td>\n<td>2.34%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest disclosed holding is Net Receivables \/ (Payables) at 11.08%, which is a notable slice on its own. After that, the weights step down fairly quickly into the 6% range and then cluster around 4% to 2%, so no single operating company dominates the top of the book.<\/p>\n<p>The drop from the first holding to the tenth holding is moderate rather than dramatic, and that tells us the displayed positions are spread across several asset buckets. Gold fund units, cash-like items, government securities and bank holdings all appear in the top slice, which can make the portfolio less dependent on one return driver.<\/p>\n<p>At the same time, the top 10 disclosed holdings add up to 44.29% of the portfolio, and 52 holdings are disclosed in total. That suggests a meaningful amount of diversification beyond the visible leaders, although the first few positions could still have greater influence than the rest of the tail.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/pgim-india-multi-asset-allocation-fund-g-direct-plan\">PGIM India Multi Asset Allocation Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund fits investors who are comfortable with High Risk and want a multi-asset structure rather than a plain equity-only approach. The available record is short, so the main horizon for consideration is longer term, not a quick tactical trade.<\/p>\n<p>The recent numbers are better than the benchmark in the available periods, but there is no established 3-year or 5-year history yet. Investors therefore need to accept limited performance visibility in exchange for a portfolio that blends cash, government securities, gold-linked fund units and equities.<\/p>\n<p>That trade-off may suit someone who wants diversification across asset buckets and can tolerate early-stage uncertainty. It is less suitable for anyone who needs a long, proven return pattern before making a commitment.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> 0.50% on or before 90D, Nil after 90D.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_PGIM_India_Multi_Asset_Allocation_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of PGIM India Multi Asset Allocation Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b910.51 as of 16 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_returns_over_1_month_and_3_months\"><\/span>What are the fund\u2019s returns over 1 month and 3 months?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund returned -2.78% over 1 month and 0.19% over 3 months. The short-run picture has been better than the benchmark in both periods.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Does_the_fund_have_a_1-year_3-year_or_5-year_performance_record\"><\/span>Does the fund have a 1-year, 3-year or 5-year performance record?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No meaningful 1-year, 3-year or 5-year return history is available yet because the scheme launched on 28 Nov 2025.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_the_benchmark\"><\/span>How does the fund compare with the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In the available short periods, the fund has held up better than the benchmark. The benchmark was down 4.41% over 1 month and 3.6% over 3 months, while the fund was down 2.78% and up 0.19%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_SIP_amount\"><\/span>What is the minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b91,000.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_exit_load_and_who_manages_the_fund\"><\/span>What is the exit load and who manages the fund?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The exit load is 0.50% on or before 90 days and nil after 90 days. The fund is managed by Utsav Mehta, Anandha Padmanabhan Anjeneyan, Sharma Vivek and Puneet Pal.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund\u2019s short-run behaviour is better than the benchmark, but it does not yet have a long performance history to anchor a deeper judgement. The portfolio is diversified across cash-like items, government securities, gold-linked fund units and equities, which may reduce reliance on a single asset bucket. That makes it more relevant for investors who can accept High Risk and early-stage uncertainty in exchange for a multi-asset structure. It is less compelling for anyone who wants a long, proven track record before taking exposure.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 17 September 2026 at 12:55 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"PGIM India Multi Asset Allocation Fund Direct Growth Plan\",\"identifier\":\"pgim-india-multi-asset-allocation-fund-g-direct-plan\",\"category\":\"Hybrid\",\"dateCreated\":\"28 Nov 2025\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":10.51,\"valueReference\":\"as of 16 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"306 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.0\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Utsav Mehta, Anandha Padmanabhan Anjeneyan, Sharma Vivek, Puneet Pal\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of PGIM India Multi Asset Allocation Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b910.51 as of 16 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s returns over 1 month and 3 months?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund returned -2.78% over 1 month and 0.19% over 3 months. The short-run picture has been better than the benchmark in both periods.\"}},{\"@type\":\"Question\",\"name\":\"Does the fund have a 1-year, 3-year or 5-year performance record?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No meaningful 1-year, 3-year or 5-year return history is available yet because the scheme launched on 28 Nov 2025.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the available short periods, the fund has held up better than the benchmark. The benchmark was down 4.41% over 1 month and 3.6% over 3 months, while the fund was down 2.78% and up 0.19%.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b91,000.\"}},{\"@type\":\"Question\",\"name\":\"What is the exit load and who manages the fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The exit load is 0.50% on or before 90 days and nil after 90 days. The fund is managed by Utsav Mehta, Anandha Padmanabhan Anjeneyan, Sharma Vivek and Puneet Pal.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PGIM India Multi Asset Allocation Fund Direct Growth Plan had a NAV of \u20b910.51 as of 16 Sep 2026, AUM of \u20b9306 Cr and High Risk classification. Its short-run returns were better than the benchmark, but the scheme is too new for a long track record.<\/p>\n","protected":false},"author":38,"featured_media":252701,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-252703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["252701"],"rank_math_title":["PGIM India Multi Asset Allocation Fund NAV &amp; Review"],"rank_math_description":["PGIM India Multi Asset Allocation Fund Direct Growth Plan NAV is \u20b910.51 as of 16 Sep 2026; 1M return -2.78%, 3M return 0.19%."],"rank_math_focus_keyword":["PGIM India Multi Asset Allocation Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/PGIM_India_Multi_Asset_Allocation_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/252703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=252703"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/252703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/252701"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=252703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=252703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=252703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}