Devang Shah
Fund manager at Axis Mutual Fund
Qualifications: B.ComLinkedIn profile of Devang Shah (opens in a new tab)
Devang Shah manages 23 mutual fund schemes at Axis Mutual Fund with combined assets of ₹1.27 lakh Cr. The largest are Axis Liquid Retl Gr, Axis Money Market Reg Gr and Axis Arbitrage Reg Gr.
- AUM of schemes managed
- ₹1.27 lakh Cr
- Co-managed schemes count in full
- Schemes
- 23
- Fund house
- Axis Mutual Fund
- Largest category
- Debt · 80%
Where the money sits
Share of assets managed, by fund category.
- Debt80% · 10 schemes
- Hybrid20% · 13 schemes
Funds managed by Devang Shah
| Scheme | |||||
|---|---|---|---|---|---|
| Axis Liquid Retl GrLiquid Fund · Moderate Risk | AUM₹56,438 Cr | Expense0.70% | 1Y5.94% | 3Y6.36% | 5Y5.83% |
| Axis Money Market Reg GrMoney Market Fund · Low to Moderate Risk | AUM₹21,405 Cr | Expense0.35% | 1Y6.35% | 3Y7.26% | 5Y6.62% |
| Axis Arbitrage Reg GrArbitrage Fund · Low Risk | AUM₹10,594 Cr | Expense2.14% | 1Y5.95% | 3Y6.62% | 5Y6.12% |
| Axis Corporate Bond Reg GrCorporate Bond Fund · Moderate Risk | AUM₹7,768 Cr | Expense0.96% | 1Y3.91% | 3Y6.92% | 5Y6.02% |
| Axis Short Duration Retl GrShort Duration Fund · Low to Moderate Risk | AUM₹7,501 Cr | Expense0.93% | 1Y4.50% | 3Y7.11% | 5Y6.10% |
| Axis Treasury Advantage GrLow Duration Fund · Moderate Risk | AUM₹4,558 Cr | Expense0.73% | 1Y5.76% | 3Y7.06% | 5Y6.34% |
| Axis Balanced Advantage Reg GrDynamic Asset Allocation or Balanced Advantage · Moderately High risk | AUM₹3,836 Cr | Expense2.13% | 1Y-0.80% | 3Y9.56% | 5Y7.51% |
| Axis Multi Asset Allocation GrMulti Asset Allocation · Very High Risk | AUM₹2,611 Cr | Expense2.41% | 1Y1.46% | 3Y11.80% | 5Y6.58% |
| Axis Inc Pl Arbtg Actv FOF Reg GrFoF (Overseas/Domestic) · Moderate Risk | AUM₹2,234 Cr | Expense0.54% | 1Y4.90% | 3Y7.55% | 5Y6.25% |
| Axis Strategic Bond GrMedium Duration Fund · Moderately High risk | AUM₹2,112 Cr | Expense1.32% | 1Y4.92% | 3Y7.58% | 5Y6.51% |
| Axis Aggresive Hybrid Fund Reg GrAggressive Hybrid Fund · High Risk | AUM₹1,471 Cr | Expense2.21% | 1Y-2.32% | 3Y7.60% | 5Y4.36% |
| Axis Multi-Asset Active FoF Reg GrFoF (Overseas/Domestic) · Very High Risk | AUM₹1,391 Cr | Expense1.44% | 1Y– | 3Y– | 5Y– |
| Axis Dynamic Bond GrDynamic Bond · Moderate Risk | AUM₹993 Cr | Expense0.65% | 1Y4.32% | 3Y7.06% | 5Y5.79% |
| Axis Children's Reg Loc in GrChildren's Fund · Very High Risk | AUM₹907 Cr | Expense2.37% | 1Y-3.17% | 3Y6.69% | 5Y3.74% |
| Axis Equity Savings Reg GrEquity Savings · Moderately High risk | AUM₹886 Cr | Expense2.71% | 1Y1.69% | 3Y7.48% | 5Y5.81% |
| Axis Retirement Agrsv Reg GrRetirement Fund · High Risk | AUM₹706 Cr | Expense2.47% | 1Y-4.61% | 3Y8.47% | 5Y4.21% |
| Axis Credit Risk Reg GrCredit Risk Fund · High Risk | AUM₹395 Cr | Expense1.61% | 1Y6.61% | 3Y7.88% | 5Y6.75% |
| Axis Gilt Fund GrGilt Fund · Moderate Risk | AUM₹341 Cr | Expense0.86% | 1Y1.70% | 3Y6.58% | 5Y5.35% |
| Axis Retirement Dynamic Reg GrRetirement Fund · High Risk | AUM₹285 Cr | Expense2.55% | 1Y-4.59% | 3Y9.27% | 5Y5.31% |
| Axis Conservative Hybrid GrConservative Hybrid Fund · Very High Risk | AUM₹219 Cr | Expense2.18% | 1Y-1.03% | 3Y4.90% | 5Y4.10% |
| Axis Long Duration Reg GrLong Duration Fund · Moderate Risk | AUM₹168 Cr | Expense0.78% | 1Y-1.40% | 3Y5.31% | 5Y– |
| Axis Inc Pl Arbtg Pasv FOF Reg GrFoF (Overseas/Domestic) · Low to Moderate Risk | AUM₹109 Cr | Expense0.41% | 1Y– | 3Y– | 5Y– |
| Axis Retirement Cnsrv Reg GrRetirement Fund · High Risk | AUM₹47 Cr | Expense2.16% | 1Y-3.37% | 3Y5.57% | 5Y3.93% |
These are each scheme's returns for the plan shown, not Devang Shah's personal track record: a manager may not have run a scheme for the whole period. “–” means the scheme has no return for that period yet, usually because it is younger. AUM is each scheme's total, including assets run by its co-managers. Past returns do not guarantee future returns.
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Other fund managers at Axis Mutual Fund
- Aditya Pagaria₹1.95 lakh Cr
- Sachin Jain₹1.66 lakh Cr
- Krishnaa N₹1.66 lakh Cr
- Shreyash Devalkar₹1.40 lakh Cr
- Nitin Arora₹55,085 Cr
- Mayank Hyanki₹51,964 Cr
Managers with a similar fund mix
Devang Shah: frequently asked questions
Which mutual funds does Devang Shah manage?
Devang Shah manages 23 mutual fund schemes at Axis Mutual Fund. The largest by assets are Axis Liquid Retl Gr (₹56,438 Cr), Axis Money Market Reg Gr (₹21,405 Cr) and Axis Arbitrage Reg Gr (₹10,594 Cr). The full list, with returns, expense ratio and risk level for each scheme, is on this page.
How much money does Devang Shah manage?
The schemes Devang Shah manages or co-manages hold ₹1.27 lakh Cr in total. A co-managed scheme counts in full for each of its managers, so this is the size of the schemes Devang Shah is named on, not money managed alone.
Which fund house does Devang Shah work for?
Devang Shah is a fund manager at Axis Mutual Fund. Other fund managers at Axis Mutual Fund include Aditya Pagaria, Sachin Jain and Krishnaa N.
What are Devang Shah's qualifications?
Devang Shah's listed qualifications are B.Com.