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Mr. Devang Shah- Fund Manager

Mr. Devang Shah

Mr. Devang Shah - Fund Manager

Head - Fixed Income
AUM
1,99,728.84  Cr
Schemes
24
Experience
21 Years

About

Devang Shah is the Head of Fixed Income at Axis AMC. He joined the fund house in 2012 as a Fund Manager and was elevated to the position of Head – Fixed Income in 2024.He has over two decades of industry experience of which, 18 years have been spent in the Mutual Fund industry. His core responsibilities include managing top quartile performance for all Fixed Income Funds & managing client relationship. Additionally, he has been actively involved in ideation and determining the investment strategy for fixed income funds.Prior to joining Axis AMC, he was associated with ICICI Prudential AMC (2008-2012) as a Fund Manager and was also the head of credit. He has also worked with Deutsche AMC and PwC.Educational Qualification: B.Com from Mumbai University and a Gold Medallist in Financial Management, Associate Member of ICAI
Mr. Devang Shah
Mr. Devang Shah-Fund Manager
Head - Fixed Income
AUM
₹ 1,99,728.84 Cr
Schemes
24
Experience
21 Years

About

Devang Shah is the Head of Fixed Income at Axis AMC. He joined the fund house in 2012 as a Fund Manager and was elevated to the position of Head – Fixed Income in 2024.He has over two decades of industry experience of which, 18 years have been spent in the Mutual Fund industry. His core responsibilities include managing top quartile performance for all Fixed Income Funds & managing client relationship. Additionally, he has been actively involved in ideation and determining the investment strategy for fixed income funds.Prior to joining Axis AMC, he was associated with ICICI Prudential AMC (2008-2012) as a Fund Manager and was also the head of credit. He has also worked with Deutsche AMC and PwC.Educational Qualification: B.Com from Mumbai University and a Gold Medallist in Financial Management, Associate Member of ICAI
Fund Managed
DirectRegular
Axis Multi-Asset Active FoFarrow
Riskometer
Market Adaptive
Axis Balanced Advantage Fundarrow
Riskometer
Axis Multi Asset Allocation Fundarrow
Riskometer
Updated as on: March 31, 2026
All funds managed by Mr. Devang Shah
DirectRegular
Scheme NameManaging SinceSince Inception1 Year3 Years5 Years
Annualised ReturnBenchmark returnAnnualised ReturnBenchmark returnAnnualised ReturnBenchmark returnAnnualised ReturnBenchmark return
Axis Multi-Asset Active FoF21-Nov-2025N/AN/AN/AN/AN/AN/AN/AN/A
Axis Balanced Advantage Fund27-Dec-20229.819.100.76-0.6213.728.3910.867.99
Axis Multi Asset Allocation Fund27-Dec-202210.61N/A10.9310.1714.8116.3611.39N/A
Axis Income Plus Arbitrage Active FOF27-Dec-20227.086.126.474.107.806.856.715.89
Axis Income Plus Arbitrage Passive FOF28-Oct-2025N/AN/AN/AN/AN/AN/AN/AN/A
Axis Arbitrage Fund27-Dec-20226.725.876.797.247.637.686.656.41
Axis Liquid Fund27-Dec-20226.856.746.286.197.006.936.056.00
Axis Money Market Fund27-Dec-20226.415.776.796.437.487.136.446.08
Axis Corporate Bond Fund27-Dec-20227.486.626.415.297.796.786.695.71
Axis Treasury Advantage Fund27-Dec-20227.657.116.916.467.527.176.456.02
Axis Short Duration Fund27-Dec-20228.097.306.695.597.796.936.685.83
Axis Credit Risk Fund27-Dec-20228.248.318.427.538.518.067.537.22
Axis Dynamic Bond Fund27-Dec-20228.267.424.684.157.246.896.105.72
Axis Strategic Bond Fund27-Dec-20228.547.546.984.738.356.967.335.67
Axis Long Duration Fund27-Dec-20225.955.44-2.44-2.385.565.35N/AN/A
Axis Gilt Fund27-Dec-20227.347.321.622.046.946.805.795.76
Axis Conservative Hybrid Fund27-Dec-20228.538.222.121.557.757.047.036.36
Axis Equity Savings Fund27-Dec-20228.928.312.853.1110.408.648.747.86
Axis Aggressive Hybrid Fund27-Dec-202210.1410.30-0.99-0.6110.9110.749.099.63
Axis Children’s Fund - Compulsory Lock-In27-Dec-202210.2610.78-1.57-1.609.798.928.258.64
Axis Children’s Fund - No Lock-In27-Dec-202210.4610.78-1.55-1.609.958.928.448.64
Axis Retirement Fund - Aggressive Plan27-Dec-202210.0611.73-3.92-1.3112.6611.288.3310.17
Axis Retirement Fund - Dynamic Plan27-Dec-202210.9511.16-4.78-0.6112.7110.749.249.63
Axis Retirement Fund - Conservative Plan27-Dec-20228.648.450.132.049.568.427.407.32
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Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.
Past performance may or may not be sustained in future. Please consult your financial advisor before investing.