Birla Sun Life Mutual Fund Manager Salaries by 7 Employees

5 - 16 years exp.

₹7 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

31% less than the average Manager Salary in Insurance Companies for 5 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations Manager Salary 9 - 16 years exp. (3 salaries)	₹7 L/yr - ₹11 L/yr
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Marketing & Communication Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹9.4 L/yr - ₹11.3 L/yr

Last Updated: 15 Nov 2023

Companies similar to Birla Sun Life Mutual Fund for Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Manager Salary 1 - 12 years exp. (206 salaries)	₹5 L/yr - ₹17 L/yr 13% less
Medi Assist India Manager Salary 6 - 18 years exp. (124 salaries)	₹5 L/yr - ₹13 L/yr 20% less	3 job openings
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Future Generali India Life Insurance Manager Salary 3 - 16 years exp. (122 salaries)	₹5.5 L/yr - ₹19 L/yr 15% more	2 job openings
Bharti AXA Life Insurance Manager Salary 3 - 16 years exp. (116 salaries)	₹5 L/yr - ₹18 L/yr 1% less
Cholamandalam MS General Insurance Manager Salary 3 - 14 years exp. (112 salaries)	₹3.1 L/yr - ₹12.5 L/yr 33% less
MetLife Manager Salary 12 - 19 years exp. (89 salaries)	₹14 L/yr - ₹52 L/yr 160% more
Edelweiss Life Insurance Manager Salary 5 - 12 years exp. (80 salaries)	₹4.9 L/yr - ₹15.9 L/yr 20% less
IndiaFirst Life Insurance Manager Salary 3 - 16 years exp. (69 salaries)	₹4.6 L/yr - ₹16 L/yr 8% less
Axa XL Manager Salary 8 - 14 years exp. (62 salaries)	₹12.5 L/yr - ₹33.5 L/yr 109% more
Paramount Health Services Tpa Manager Salary 3 - 13 years exp. (57 salaries)	₹2.1 L/yr - ₹9.2 L/yr 53% less
Magma HDI General Insurance Manager Salary 5 - 15 years exp. (55 salaries)	₹7.5 L/yr - ₹15 L/yr 7% more
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Aviva Life Insurance India Manager Salary 3 - 14 years exp. (54 salaries)	₹7 L/yr - ₹17.6 L/yr At par
ManipalCigna Health Insurance Manager Salary 5 - 18 years exp. (43 salaries)	₹8 L/yr - ₹18.5 L/yr 7% more
Universal Sompo General Insurance Manager Salary 5 - 17 years exp. (33 salaries)	₹7.5 L/yr - ₹17 L/yr 7% less
Family Health Plan Manager Salary 7 - 15 years exp. (31 salaries)	₹5 L/yr - ₹12.3 L/yr 35% less
Shriram General Insurance Manager Salary 5 - 15 years exp. (25 salaries)	₹3.5 L/yr - ₹13 L/yr 35% less
Ageas Federal Life Insurance Manager Salary 4 - 17 years exp. (24 salaries)	₹9.5 L/yr - ₹21.9 L/yr 47% more
Marsh Manager Salary 1 - 10 years exp. (15 salaries)	₹7.5 L/yr - ₹25.3 L/yr 25% more
Aegon Life Insurance Manager Salary 2 - 13 years exp. (14 salaries)	₹6.4 L/yr - ₹22.7 L/yr 37% more
Liberty General Insurance Manager Salary 8 - 15 years exp. (13 salaries)	₹6 L/yr - ₹15 L/yr 7% less	2 job openings

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Manager salary at Birla Sun Life Mutual Fund ranges between ₹7 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 7 latest salaries received from various employees of Birla Sun Life Mutual Fund.

Experience wise Birla Sun Life Mutual Fund Manager salaries

Last Updated: 15 Nov 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹12 L/yr - ₹21.9 L/yr
6 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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7 years (AmbitionBox Estimate)	₹10 L/yr - ₹21.3 L/yr
8 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹20.8 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹20.5 L/yr
11 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
12 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
13 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.6 L/yr
14 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
15+ years (AmbitionBox Estimate)	₹9.2 L/yr - ₹19 L/yr

View all

Similar Designation salaries in Birla Sun Life Mutual Fund

Deputy Manager Salary

(8 salaries)

₹4 L/yr - ₹7.5 L/yr

Finance Manager Salary

(AmbitionBox Estimate)

₹6.7 L/yr - ₹8.5 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Salary related reviews for Birla Sun Life Mutual Fund

1.2

Rated by 2 employees for salary & benefits

Service Relationship Manager in Navi Mumbai

4.0

• posted on 17 Aug 2018

2.0

for Salary and Benefits

Likes

Wt my current work, no much stress or restrictions, we have freedom in modifying script, & handling call as per same. Can infrm all details or share all details with investor without tim AHT limits.

Job security - Excellent

+2 more

Dislikes

Growth & Salary improvement is very less comparitively. ( im working or in payroll under cams).

Salary - Poor

Relationship Wealth Manager in Jaipur

Full Time

Sales & Distribution Department

1.0

• posted on 07 Nov 2022

3.0

for Salary and Benefits

Likes

Organisation is good but some people spoiling this organisation.

Dislikes

So much politics. There is not good culture for employees. Employee cannot do lunch on time. Regional head always do their finger for lunch for overtime and extra pressure. Branch manager himself is poor in knowledge part. He cannot manage their team.

Skill development - Poor

+5 more

Mutual Fund Back Officer in Charchgate, Mumbai

Back Office Department

4.0

• posted on 04 Jul 2022

2.0

for Salary and Benefits

Likes

It was my first job experience so I like there atmosphere. All my co-workers are very helpful.

Skill development - Good

+2 more

Dislikes

I was working on 1year &9month but there was no increment. So for the better opportunity I was leaving the job.

Salary - Poor

+2 more

Intern in New Delhi

Intern

Sales Department

5.0

• posted on 09 Feb 2018

5.0

for Salary and Benefits

Likes

Things which I liked and admired the most while working in BSLAMC was the keen interest and dedication of the RM for his work under whom I did my internship, his behavior towards all the officemates, his helping and guiding nature. BSLAMC gave me a wonderful learning environment and business work experience throughout my internship tenure.

Salary - Excellent

+6 more

Dislikes

Nothing.

Assistant Manager in Gurgaon / Gurugram

Retail Sales Department

5.0

• posted on 19 Jun 2018

4.0

for Salary and Benefits

Likes

The Company has a very good culture/ ecosystem. You can actually evolve as an entrepreneur, and also grow to take greater responsibilities. You get enough freedom to explore your capabilities. Learning opportunities are immense. You feel close knit with the colleagues & privileged to be a part of the ABG. Great work life balance.

Salary - Good

+5 more

Dislikes

Maybe because it is a part of huge Conglomerate i would call it " Top Heavy Organisation". Most decisions are on the discretion of people seated on leadership positions which leaves a entry level employee less rewarded of his hardwork. Slow Carrier Growth.

Promotions - Poor

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Birla Sun Life Mutual Fund Manager Salary FAQs

What is the salary of Manager at Birla Sun Life Mutual Fund ?

The average salary of a Manager at Birla Sun Life Mutual Fund in India typically ranges from ₹7.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 5 years to 16 years).

The top 10% of Manager at Birla Sun Life Mutual Fund earn more than ₹11.9 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Manager Salaries at Birla Sun Life 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 7 Birla Sun Life Mutual Fund employees in India.

What is the estimated take home salary of a Manager at Birla Sun Life Mutual Fund in India?

The estimated take-home salary of a Manager at Birla Sun Life Mutual Fund in India typically ranges from ₹80,767 to ₹82,871 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 5 years to 16 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 7 salaries received from various employees of Birla Sun Life Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Birla Sun Life Mutual Fund for Manager in India?

MetLife	₹14.0 Lakhs to ₹52.0 Lakhs per year
Principal Global Services	₹19.5 Lakhs to ₹40.0 Lakhs per year
Chubb	₹15.0 Lakhs to ₹35.0 Lakhs per year
Axa XL	₹12.5 Lakhs to ₹33.5 Lakhs per year
Allianz Services	₹20.0 Lakhs to ₹22.0 Lakhs per year

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

What is the salary of a Manager in companies similar to Birla Sun Life Mutual Fund in India?

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

Swiss Re	₹13.6 Lakhs to ₹21.0 Lakhs per year
Ageas Federal Life Insurance	₹9.5 Lakhs to ₹21.9 Lakhs per year
Royal Sundaram General Insurance	₹8.0 Lakhs to ₹23.0 Lakhs per year
Aegon Life Insurance	₹6.4 Lakhs to ₹22.7 Lakhs per year
Allianz Partners	₹9.0 Lakhs to ₹20.0 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 Manager at Birla Sun Life Mutual Fund in India?

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

Experience	Average Salary Range
5 years	₹12.0 Lakhs to ₹21.9 Lakhs per year
6 years	₹10.8 Lakhs to ₹13.8 Lakhs per year
7 years	₹10.0 Lakhs to ₹21.3 Lakhs per year
8 years	₹10.5 Lakhs to ₹13.4 Lakhs per year

and so on.

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Birla Sun Life Mutual Fund Manager Salaries

Birla Sun Life Mutual Fund Manager salary in India ranges between ₹7 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Birla Sun Life Mutual Fund latest salaries received from various employees of Birla Sun Life Mutual Fund.