Devang Shah
Fund manager at Axis
Devang Shah is named on 19 schemes at Axis, managing there since 14 Aug 2014. Of the 18 ranked with a three-year record, 3-year CAGR runs from 13.2% (Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option) down to 5.8% (Axis Long Term Fund - Direct Plan - Growth Option), across Multi Asset Allocation, Retirement Fund, Dynamic Asset Allocation or Balanced Advantage and 13 more categories. Returns are computed from AMFI NAV history and are net of expenses; the roles and dates come from Axis's SEBI filings.
Background
- Qualifications
- B. Com, ACA
- Experience
- Manager in the last 10 years management " 22 years, his last
Funds Devang Shah manages
18Named on 19 schemes; the 18 with a three-year record are ranked by 3Y CAGR. Open a fund for NAV history, rolling returns, risk metrics and peer rank.
| 1 | Axis Multi Asset Allocation Fund | ★★☆☆☆ | +5.7% | +13.2% | +8.5% | 1.20% | ₹2,266Cr |
| 2 | Axis Retirement Fund - Dynamic | ★★★☆☆ | -2.8% | +10.9% | +7.2% | 1.34% | ₹280.84Cr |
| 3 | Axis Balanced Advantage Fund | ★★★★☆ | +0.6% | +10.8% | +9.0% | 1.07% | ₹3,759Cr |
| 4 | Axis Retirement Fund - Aggressive | ★★★☆☆ | -2.8% | +10.0% | +6.1% | 1.26% | ₹696.45Cr |
| 5 | Axis Equity Savings Fund | ★★★☆☆ | +3.7% | +8.9% | +7.5% | 1.56% | ₹867.06Cr |
| 6 | Axis Credit Risk Fund | ★★★☆☆ | +7.8% | +8.7% | +7.6% | 0.82% | ₹354.86Cr |
| 7 | Axis Aggressive Hybrid Fund | ★★☆☆☆ | -0.7% | +8.7% | +6.0% | 1.18% | ₹1,442Cr |
| 8 | Axis Children's Fund | ★★☆☆☆ | -1.6% | +7.8% | +5.4% | 1.49% | — |
| 9 | Axis Short Term Fund | ★★★★★ | +5.5% | +7.7% | +6.8% | 0.40% | — |
| 10 | Axis Corporate Bond Fund | ★★★★☆ | +5.1% | +7.6% | +6.8% | 0.36% | ₹8,488Cr |
| 11 | Axis Money Market Fund | ★★★☆☆ | +6.6% | +7.4% | +6.8% | 0.18% | ₹19,509Cr |
| 12 | Axis Arbitrage Fund | ★★★☆☆ | +6.8% | +7.3% | +6.8% | 1.40% | ₹9,735Cr |
| 13 | Axis Dynamic Term Fund | ★★★★★ | +5.7% | +7.3% | +6.2% | 0.34% | — |
| 14 | Axis Gilt Fund | ★★★★★ | +3.4% | +7.0% | +5.9% | 0.46% | ₹431.63Cr |
| 15 | Axis Liquid Fund | ★★★★★ | +6.6% | +7.0% | +6.4% | 0.13% | ₹55,968Cr |
| 16 | Axis Retirement Fund - ConservativeSmall fund | ★☆☆☆☆ | -1.8% | +6.8% | +5.6% | 1.27% | ₹47.65Cr |
| 17 | Axis Conservative Hybrid Fund | ★★☆☆☆ | +0.8% | +6.3% | +5.7% | 1.16% | ₹218.53Cr |
| 18 | Axis Long Term Fund | ★★☆☆☆ | +1.0% | +5.8% | — | 0.33% | — |
NAV data as of 05 Oct 2026. Role, qualifications and tenure are disclosures from Axis’s Scheme Information Documents and Statement of Additional Information — SEBI filings, not our assessment of anyone. 4 of the 19 scheme assignments come from another of the house’s filings naming them rather than from that scheme’s own document, so that list may be incomplete. Returns are computed from AMFI NAV history; see our methodology. A fund’s performance is not attributable to one person, and nothing here is investment advice.