Axis Mutual Fund Cluster Business Manager Salaries by 4 Employees

9 - 12 years exp.

₹7 Lakhs - ₹9 Lakhs

Salary of majority employees

25% less than the average Cluster Business Manager Salary in Financial Services Companies for 9 - 12 years of experience

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Last Updated: 9 Mar 2023

Companies similar to Axis Mutual Fund for Cluster Business Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Cluster Business Manager Salary 17 - 19 years exp. (4 salaries)	₹17.5 L/yr - ₹20 L/yr 119% more
Canara HSBC Life Insurance Cluster Business Manager Salary 5 - 16 years exp. (234 salaries)	₹4.5 L/yr - ₹13 L/yr 6% less
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AU Small Finance Bank Cluster Business Manager Salary 10 - 20 years exp. (85 salaries)	₹6 L/yr - ₹23.5 L/yr 73% more
Mahindra Logistics Cluster Business Manager Salary 5 - 16 years exp. (52 salaries)	₹6.2 L/yr - ₹19.8 L/yr 53% more
Axis Bank Cluster Business Manager Salary 3 - 12 years exp. (42 salaries)	₹4.4 L/yr - ₹11 L/yr 3% less

Cluster Business Manager salary at Axis Mutual Fund ranges between ₹7 Lakhs to ₹9 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Mutual Fund.

Experience wise Axis Mutual Fund Cluster Business Manager salaries

Last Updated: 9 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹15.1 L/yr
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11 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9 L/yr
12 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9 L/yr

Similar Designation salaries in Axis Mutual Fund

Relationship Manager Salary

(78 salaries)

₹3 L/yr - ₹10 L/yr

Branch Manager Salary

(7 salaries)

₹9 L/yr - ₹11.07 L/yr

Channel Manager Salary

(6 salaries)

₹9.05 L/yr - ₹18.1 L/yr

Cluster Manager Salary

(6 salaries)

₹4.5 L/yr - ₹8.5 L/yr

State Head Salary

(5 salaries)

₹11 L/yr - ₹20 L/yr

Deputy Manager Marketing Salary

(4 salaries)

₹7 L/yr - ₹8.8 L/yr

Cluster Relationship Manager Salary

(3 salaries)

₹4.5 L/yr - ₹12.5 L/yr

Senior Relationship Manager Salary

(3 salaries)

₹10.1 L/yr - ₹14 L/yr

Assistant Vice President Sales Salary

(AmbitionBox Estimate)

₹18.5 L/yr - ₹23.6 L/yr

Channel Head Salary

(AmbitionBox Estimate)

₹26.1 L/yr - ₹33.3 L/yr

Salary related reviews for Axis Mutual Fund

Relationship Manager in Bhatinda

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 13 Aug 2021

5.0

for Salary and Benefits

Likes

...nagement is transparent. There is huge cafeteria and gaming arcade for chilling. Company policies are good,appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Back Office Executive in New Delhi

Administration & Facilities Department

5.0

• posted on 01 Sep 2021

5.0

for Salary and Benefits

Likes

great company to work for with a great team. lots of opportunities within the company as a whole. I am really enjoying my time here. doing lots of great work

Salary - Excellent

+6 more

Dislikes

I am on third party pay roll. There is no correct salary date.

Manager in Dehradun

Full Time

Sales & Business Development Department

1.0

• posted on 22 Dec 2024

1.0

for Salary and Benefits

Likes

Hr is good

Dislikes

Senior management, Dehradun region Working culture, seniors don't have the sense of talking with the employees, they use Blunt language(gali) in teams meetings. If required i can provide the video.

Salary - Bad

+6 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 20 Apr 2023

3.0

for Salary and Benefits

Likes

Nothing

Dislikes

lot of things to be improved in the organisation. They do not listen to employees, not open to change and suggestions. Complete explanation required if you are sick and want leave for anything. Poor senior management. Imbalance work life.

Skill development - Bad

+5 more

Assistant Manager in Bombay Dyeing Complex

Full Time

Data Science & Analytics Department

5.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

It's just communication that is happening between the team's making it easier for me

Salary - Excellent

+6 more

Dislikes

Some induction set up or tour of the organisation to help individuals know about their plans goals should have been wonderful

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Axis Mutual Fund Cluster Business Manager Salary FAQs

What is the salary of Cluster Business Manager at Axis Mutual Fund ?

The average salary of a Cluster Business Manager at Axis Mutual Fund in India typically ranges from ₹7.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 9 years to 12 years).

The top 10% of Cluster Business Manager at Axis Mutual Fund earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Cluster Business Manager Salaries at Axis Mutual Fund can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Axis Mutual Fund employees in India.

What is the estimated take home salary of a Cluster Business Manager at Axis Mutual Fund in India?

The estimated take-home salary of a Cluster Business Manager at Axis Mutual Fund in India typically ranges from ₹62,309 to ₹63,891 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 9 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Axis Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Mutual Fund for Cluster Business Manager in India?

Kotak Mahindra Bank	₹17.5 Lakhs to ₹20.0 Lakhs per year
AU Small Finance Bank	₹6.0 Lakhs to ₹23.5 Lakhs per year
Mahindra Logistics	₹6.2 Lakhs to ₹19.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Mutual Fund, depending on the role and experience level.

What is the salary of a Cluster Business Manager in companies similar to Axis Mutual Fund in India?

The salary of a Cluster Business Manager at companies similar to Axis Mutual Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹4.4 Lakhs to ₹11.0 Lakhs per year
Canara HSBC Life Insurance	₹4.5 Lakhs to ₹13.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Cluster Business Manager at Axis Mutual Fund in India?

The salary growth for a Cluster Business Manager at Axis Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Cluster Business Manager can expect the following growth trajectory at Axis Mutual Fund:

Experience	Average Salary Range
9 years	₹3.3 Lakhs to ₹9.0 Lakhs per year
10 years	₹7.0 Lakhs to ₹15.1 Lakhs per year
11 years	₹3.4 Lakhs to ₹9.0 Lakhs per year
12 years	₹3.5 Lakhs to ₹9.0 Lakhs per year

and so on.

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Axis Mutual Fund Cluster Business Manager Salaries

Axis Mutual Fund Cluster Business Manager salary in India ranges between ₹7 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Mutual Fund latest salaries received from various employees of Axis Mutual Fund.

Axis Mutual Fund Cluster Business Manager salaries in India

Companies similar to Axis Mutual Fund for Cluster Business Manager

Latest annual salaries shared by Axis Mutual Fund Cluster Business Manager

Experience wise Axis Mutual Fund Cluster Business Manager salaries

Similar Designation salaries in Axis Mutual Fund

Salary related reviews for Axis Mutual Fund

Relationship Manager in Bhatinda

Back Office Executive in New Delhi

Manager in Dehradun

Deputy Manager in Mumbai

Assistant Manager in Bombay Dyeing Complex

Axis Mutual Fund Cluster Business Manager Salary FAQs

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