MFIC › Fund managers › Devang Shah

Devang Shah

Fund manager of 23 schemes tracked by MFIC at Axis Mutual Fund, according to the schemes' Summary Documents. Returns from AMFI NAVs as of 23 Oct 2026.

Schemes
23
Earliest start listed
5 Nov 2012
3Y CAGR above category median
13 of 21
AUM of these schemes
₹127,715 cr
Schemes managed one line per scheme · Regular plan where available
SchemeCategoryManaging sinceTenure3Y CAGRCategory 3Y median5Y CAGRAUM (₹ cr)
Axis Aggressive Hybrid Fund
Axis Mutual Fund · Regular
Aggressive Hybrid5 Apr 20242.6 y7.6%8.6%4.3%1,386
Axis Arbitrage Fund
Axis Mutual Fund · Regular
Arbitrage14 Aug 201412.2 y6.6%6.6%6.1%10,442
Axis Balanced Advantage Fund
Axis Mutual Fund · Regular
Balanced Advantage5 Apr 20242.6 y9.5%7.4%7.4%3,619
Axis Children's Fund
Axis Mutual Fund · Regular
Children's5 Apr 20242.6 y6.7%6.7%3.7%n/a
Axis Conservative Hybrid Fund
Axis Mutual Fund · Regular
Conservative Hybrid7 Jun 201610.4 y5.0%6.6%4.1%215
AXIS Corporate Bond Fund
Axis Mutual Fund · Regular
Corporate Bond13 Jul 20179.3 y6.8%6.6%6.0%7,361
Axis Credit Risk Fund
Axis Mutual Fund · Regular
Credit Risk15 Jul 201412.3 y7.7%7.8%6.7%370
Axis Income Plus Arbitrage Omni FOF
Axis Mutual Fund · Regular
Domestic FoF1 Feb 20233.7 y7.6%11.9%6.2%2,204
Axis Income Plus Arbitrage Passive FOF
Axis Mutual Fund · Regular
Domestic FoF12 Nov 20250.9 yn/a11.9%n/a115
Axis Multi-Asset Omni FoF
Axis Mutual Fund · Regular
Domestic FoFn/an/an/a11.9%n/a1,284
Axis Dynamic Term Fund
Axis Mutual Fund · Regular
Dynamic Bond5 Nov 201214.0 y7.0%6.0%5.7%952
Axis Equity Savings Fund
Axis Mutual Fund · Regular
Equity Savings5 Apr 20242.6 y7.6%6.9%5.9%843
Axis Gilt Fund
Axis Mutual Fund · Regular
Gilt5 Nov 201214.0 y6.5%5.2%5.3%360
Axis Liquid Fund
Axis Mutual Fund · Regular
Liquid5 Nov 201214.0 y6.9%6.8%6.4%60,801
Axis Long Term Fund
Axis Mutual Fund · Regular
Long Duration27 Dec 20223.8 y5.0%5.5%n/a150
Axis Medium Term Fund
Axis Mutual Fund · Regular
Medium Duration5 Nov 201214.0 y7.5%6.9%6.4%1,943
Axis Money Market Fund
Axis Mutual Fund · Regular
Money Market6 Aug 20197.2 y7.2%6.9%6.6%19,912
Axis Multi Asset Allocation Fund
Axis Mutual Fund · Regular
Multi Asset Allocation5 Apr 20242.6 y11.4%12.0%6.4%2,614
Axis Retirement Fund - Aggressive Plan
Axis Mutual Fund · Regular
Retirement5 Apr 20242.6 y8.4%6.8%4.4%660
Axis Retirement Fund - Conservative Plan
Axis Mutual Fund · Regular
Retirement5 Apr 20242.6 y5.5%6.8%4.0%43
Axis Retirement Fund - Dynamic Plan
Axis Mutual Fund · Regular
Retirement5 Apr 20242.6 y9.2%6.8%5.3%265
Axis Short Term Fund
Axis Mutual Fund · Regular
Short Duration5 Nov 201214.0 y7.0%6.6%6.1%7,409
Axis Ultra Short to Short Term Fund
Axis Mutual Fund · Regular
Ultra Short to Short Term7 Jun 201610.4 y7.0%6.6%6.3%4,767

Scheme returns cover the whole period shown, which may include years before this manager started; compare with the "Managing since" date. Most schemes have more than one listed manager, and results reflect the fund house's whole investment process, each scheme's mandate and market conditions. This page describes the past and is not a rating of the manager.

Questions
Which mutual fund schemes does Devang Shah manage?
According to the schemes' Summary Documents, Devang Shah is a listed fund manager of 23 schemes tracked by MFIC: Axis Children's Fund, Axis Income Plus Arbitrage Omni FOF, Axis Income Plus Arbitrage Passive FOF, Axis Multi-Asset Omni FoF, Axis Aggressive Hybrid Fund, Axis Arbitrage Fund, Axis Balanced Advantage Fund, Axis Conservative Hybrid Fund, Axis Equity Savings Fund, Axis Multi Asset Allocation Fund, AXIS Corporate Bond Fund, Axis Credit Risk Fund and others.
Since when has Devang Shah managed these schemes?
The earliest start date listed is 5 Nov 2012. Dates for each scheme are in the table on this page.
Data & disclosure. Fund manager names and start dates as stated in each scheme's Summary Document (SEBI format) published via AMFI; names are matched as written, so a person listed with different spellings may appear twice. Returns from AMFI NAVs, calculated by MFIC. Educational information, not investment advice. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155).
Get the Market Pulse by email every Monday

Every Monday: index benchmarks and the median 1-month and 1-year return of every equity category, plus broad equity, hybrid and debt figures. Calculated from AMFI NAVs. Free; unsubscribe from any email.

We email a confirmation link first. Integrato is an AMFI-registered Mutual Fund Distributor (ARN-173155); these emails are information, not recommendations.