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Mr. Devang Shah- Fund Manager

Mr. Devang Shah

Mr. Devang Shah - Fund Manager

Head - Fixed Income
AUM
1,23,592.75  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
₹ 1,23,592.75 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: April 30, 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 Fund05-Apr-202410.339.493.370.6314.588.7812.078.76
Axis Multi Asset Allocation Fund05-Apr-202410.99N/A14.6815.5915.4217.7412.23N/A
Axis Income Plus Arbitrage Active FOF01-Feb-20237.086.115.533.127.646.586.675.83
Axis Income Plus Arbitrage Passive FOF28-Oct-2025N/AN/AN/AN/AN/AN/AN/AN/A
Axis Arbitrage Fund14-Aug-20146.715.866.507.007.547.586.646.42
Axis Liquid Fund05-Nov-20126.866.756.366.197.046.946.136.07
Axis Money Market Fund06-Aug-20196.435.796.526.287.467.136.496.14
Axis Corporate Bond Fund13-Jul-20177.486.595.354.317.636.566.665.63
Axis Treasury Advantage Fund07-Jun-20167.657.126.536.217.467.126.486.06
Axis Short Duration Fund05-Nov-20128.097.295.874.797.656.766.675.78
Axis Credit Risk Fund15-Jun-20148.258.297.836.878.437.907.507.14
Axis Dynamic Bond Fund05-Nov-20128.297.413.582.897.106.566.115.62
Axis Strategic Bond Fund05-Nov-20128.547.546.043.688.146.727.275.64
Axis Long Duration Fund27-Dec-20226.355.68-2.93-3.165.615.10N/AN/A
Axis Gilt Fund05-Nov-20127.407.370.661.006.946.685.895.75
Axis Conservative Hybrid Fund07-Jun-20168.628.291.970.997.726.897.276.51
Axis Equity Savings Fund05-Apr-20249.158.534.204.2010.848.969.438.42
Axis Aggressive Hybrid Fund05-Apr-202410.9211.062.772.8311.7811.7810.3110.89
Axis Children’s Fund - Compulsory Lock-In05-Apr-202410.8511.202.410.4010.729.549.509.67
Axis Children’s Fund - No Lock-In05-Apr-202411.0511.202.410.4010.879.549.689.67
Axis Retirement Fund - Aggressive Plan05-Apr-202411.1612.790.312.7713.9512.5110.0111.62
Axis Retirement Fund - Dynamic Plan05-Apr-202412.2212.080.632.8314.2011.7811.2710.89
Axis Retirement Fund - Conservative Plan05-Apr-20248.978.83-0.242.909.808.717.857.80
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