Fund manager · Axis

Shreyash Devalkar

Head – Equity at Axis. Runs 6 schemes worth ₹1,23,009 Cr.

Fund house
AxisThey run their schemes at Axis.
AUM they run
₹1,23,009 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.
Schemes
6 now · 6 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Aug 2024.
Experience
19 yearsOver 19 years

Profile^{(Axis's SAI, 30 Jun 2026)}

About

Role: Head – Equity
Studied: Bachelor in Chemical Engineering & Masters in Managem ent Studies
Age: 47 years
Experience: Over 19 years

Schemes now6

AUM they run^{(Feb 2019 – Sept 2026)}

AUM at month end each month, and its change on the month before
12 months	₹ Cr	Change
Sept 2026	1,23,009	−11.8%
Aug 2026	1,39,532	+2.1%
Jul 2026	1,36,632	+1.8%
Jun 2026	1,34,157	+1.2%
May 2026	1,32,631	+0.8%
Apr 2026	1,31,549	+10.4%
Mar 2026	1,19,129	−12.0%
Feb 2026	1,35,432	+2.7%
Jan 2026	1,31,811	−2.5%
Dec 2025	1,35,226	−1.4%
Nov 2025	1,37,172	−0.5%
Oct 2025	1,37,821	+3.3%

AUM at month end, Sept 2026

₹1,23,009

−10.7% since Oct 2025

Fig. 1.The AUM of the schemes Shreyash Devalkar ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time^{(Nov 2016 – now)}

Axis20172019202120232025

Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes^{(Nov 2016 – now)}

Axis

6 now · since Nov 2016

Axis Midcap Fund
Co-manager, equityNov 2016—10y₹33,567 CrMid CapTER 0.83%
Axis Multi Asset Omni FoF
Co-managerDec 2025—11m₹1,320 CrFund of FundsTER 0.16%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance^{(12 schemes)}

Growth · Direct plans, Regular before 2013

Return as manager: +16.91%
Beat peers: 7 of 11
vs peers: +0.85 pt
Longest run: 9.9 years
Beat benchmark: Upcoming

Each scheme Shreyash Devalkar ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.

Axis Midcap Fund	Nov '16–now · 9.9y	+17.12%	+16.27%	+0.85 pt	–	–
Axis Large Cap Fund	Nov '16–now · 9.9y	+12.08%	+11.65%	+0.42 pt	–	–
Axis Multi Factor Passive FoF	Feb '22–Dec '24 · 2.8y	+16.91%	+15.47%	+1.44 pt	–	–
Axis Multicap Fund	Mar '23–now · 3.6y	+22.20%	+16.95%	+5.25 pt	–	–
Axis Large Mid Cap Fund	Aug '23–now · 3.2y	+14.24%	+12.15%	+2.09 pt	–	–
Axis ESG Integration Strategy Fund	Aug '23–Dec '24 · 1.3y	+24.01%	+30.32%	−6.31 pt	–	–
Axis Nifty Healthcare ETF	Aug '23–Dec '24 · 1.3y	+34.62%	+17.63%	+16.99 pt	–	–
Axis ELSS Tax Saver Fund	Aug '23–now · 3.2y	+8.98%	+11.53%	−2.55 pt	–	–
Axis India Manufacturing Fund	Dec '23–Sep '26 · 2.7y	+21.32%	+14.07%	+7.25 pt	–	–
Axis Consumption Fund	Sep '24–Sep '26 · 2.0y	−2.67%	+2.68%	−5.36 pt	–	–
Axis Services Opportunities Fund	Jul '25–Sep '26 · 1.1y	+0.83%	+6.13%	−5.30 pt	–	–
Axis Multi Asset Omni FoF	Dec '25–now · 0.8y	+5.19%	+4.21%	+0.98 pt	–	–

Fig. 1.Each scheme Shreyash Devalkar ran, against its peers and benchmark over the same months. Source: AMFI.

Works with^{(7 now)}

Hitesh DasLarge Mid Cap Fund · Multicap Fund2 schemes
Mayank HyankiLarge Mid Cap Fund · Multi Asset Omni FoF2 schemes
Nitin AroraMidcap Fund · Multicap Fund2 schemes
Aditya PagariaMulti Asset Omni FoF1 scheme
Ashish NaikELSS Tax Saver Fund1 scheme
Devang ShahMulti Asset Omni FoF1 scheme
Jayesh SundarLarge Cap Fund1 scheme