CAMS Mutual Fund Assistant salaries in India

Likes

There are no good things

Dislikes

...team behavior is none less than demon and devils. Promotions are only in dreams. The salary hike is so less that you will die poor. Work-life balance only in papers, managers will ask you to office even on Saturdays, Sundays, and Holidays. Unofficial working hours are more than 11 to 12 hours. Managers will ask you to work on wrong data and will expect you to be 100% right. Any small compliance issue you will be out of the organization. For Lunch, you have to wait in a queue in the cafeteria. Training team will torture you for completing useless e-learning courses which you can't even understand.

Likes

You stay longer, you become stronger is applicable everywhere but not in CAMS. The longer you are associated you're considered to be an useless person

Dislikes

Work life balance is good, but compensation has not grown for 15 years in keeping with inflation

Likes

Good Working Culture and Manageable Processes

Dislikes

Very Low Salary after appraisal also no good hike. No Scope of Higher Level of Promotion only those get promoted who is good at "chaatna". No budget they have to do celebrations in diwali or any functions throughout the year

Likes

Zero stress it also depends upon the process you are put into. But in maximum process the work is stress free. You will enjoy good work life balance, work culture is also good. They celebrate each and every festival whole heartedly its a good company for freshers

Dislikes

Salary growth is slow

Likes

Salary and job security

Dislikes

1. 11 Management trainees of my batch suffered and all 11 of us faced set back in our career since we had to make domain change - first of all MF Ops is an unwanted profile in job market with CAMS being a de-facto monopoly and we will have to switch to other domains or banking/bfsi operations. 9 out of 11 management trainees exited within 1.5 years. 1 worked for 2 years and another 2.5 years 2. Management trainee model was a flop at that time with poorly designed(not sure if they learnt a lesson after so much attrition) - we were told that we will be trained cross functionally across purchase, brokerage, lien, SIP , CS etc. But once I was deputed to my function after 10 days of induction, HR didnt look back on us and my incompetent manager mistreated me like anything, started yelling at me right from the beginning and ensured that I hated the job 3. Lot of politics with poorly paid APOs, POs, and SPOs had their own vengeance against me 4. Work life balance was terrible - I came to office at 9 AM and left at 10 PM apart from my 1.5 hrs commute . If I come at 9:30, my SIP manager in ICICI unit would yell at me. 5. I reported all my problems to HR, no action was taken. HRBP has never visited the floor.