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HDFC Asset Management Company Assistant Manager salaries in Mumbai

Annual salary range
1 - 8 years exp.
₹4 Lakhs - ₹10.6 Lakhs
Salary of majority employees
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Fixed (94%)
₹6.7 Lakhs
Variable (6%)
₹0.5 Lakh
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14% less than the average Assistant Manager Salary in Financial Services Companies for 1 - 8 years of experience

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Salaries in different departments

Finance & Accounting
Assistant Manager Salary
1 - 8 years exp. (22 salaries)
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₹4 L/yr - ₹7.8 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
1 - 7 years exp. (14 salaries)
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₹4.8 L/yr - ₹10.4 L/yr

Sales & Business Development
Assistant Manager Salary
1 - 6 years exp. (12 salaries)
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₹5.2 L/yr - ₹8.3 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
1 - 5 years exp. (3 salaries)
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₹5.5 L/yr - ₹9 L/yr

Marketing & Communication
Assistant Manager Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹8.5 L/yr

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Last Updated: 11 Feb 2025

Companies similar to HDFC Asset Management Company for Assistant Manager in Mumbai

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HDFC Asset Management Company Assistant Manager Salary

1 - 8 years exp. (78 salaries)

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₹4 L/yr - ₹10.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹7.5 L/yr

arrow icon 26% less
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SBI Mutual Fund Assistant Manager Salary

0 - 6 years exp. (30 salaries)

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₹4.8 L/yr - ₹8.5 L/yr

arrow icon 7% less
3 job openings
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₹4 L/yr - ₹6.4 L/yr

arrow icon 27% less
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₹3.6 L/yr - ₹8 L/yr

arrow icon 15% less
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₹2.4 L/yr - ₹7.1 L/yr

arrow icon 34% less
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₹3 L/yr - ₹9.5 L/yr

arrow icon 21% less
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South Indian Bank Assistant Manager Salary

2 - 10 years exp. (46 salaries)

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₹6 L/yr - ₹16 L/yr

arrow icon 69% more
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Go First Assistant Manager Salary

4 - 17 years exp. (35 salaries)

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₹5.8 L/yr - ₹10.5 L/yr

arrow icon 18% more
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₹3.7 L/yr - ₹16.1 L/yr

arrow icon 29% more
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₹4.2 L/yr - ₹12.6 L/yr

arrow icon 11% more
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Assistant Manager salary at HDFC Asset Management Company ranges between ₹4 Lakhs to ₹10.6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 78 latest salaries received from various employees of HDFC Asset Management Company.

Latest annual salaries shared by HDFC Asset Management Company Assistant Manager in Mumbai

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Experience wise HDFC Asset Management Company Assistant Manager salaries in Mumbai

Last Updated: 11 Feb 2025

Experience Avg Annual Salary
1 year  (13 salaries)

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₹4.5 L/yr - ₹9 L/yr
2 years  (24 salaries)

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₹4 L/yr - ₹8 L/yr
3 years  (19 salaries)

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₹4 L/yr - ₹8.5 L/yr
4 years  (8 salaries)

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₹5.1 L/yr - ₹10.6 L/yr
5 years  (8 salaries)

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₹4.5 L/yr - ₹8.2 L/yr
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HDFC Asset Management Company Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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1 - 8 years exp.

Senior Manager

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7 - 16 years exp.

Assistant Manager 1 - 8 years exp.
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Branch Manager 5 - 17 years exp.
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arrow icon 94% hike
    Senior Manager 7 - 16 years exp.
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    arrow icon 17% hike

    From

    To

    Assistant Manager

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    1 - 8 years exp.

    Manager

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    3 - 9 years exp.

    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in HDFC Asset Management Company

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    ₹3.05 L/yr - ₹6 L/yr
    Branch Manager Salary
    (5 salaries)
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    ₹9.7 L/yr - ₹19 L/yr
    Sales Manager Salary
    (4 salaries)
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    ₹6.8 L/yr - ₹12.1 L/yr

    Salary related reviews for HDFC Asset Management Company

    3.1

    Rated by 11 employees for salary & benefits

    Full Time

     · 

    Finance & Accounting Department

    1.0
      •  posted on 08 May 2022

    1.0
     for  Salary and Benefits

    Likes

    New Managing Director is awesome. A session is organised for all employees every month with MD or other experts from various industries which is very informative (New initiative taken by MD). Sports majorly cricket is sponsored by company.

    read more

    Dislikes

    ... the mark, they don't treat employees fairly, sometimes uses abusive language. Compensation wise the industry rates are far better than the company. Human resource personnel are not active, and are old fashioned, casuals or semi casuals are not allowed on Fridays. No annual parties are organised. This year mandatory leaves are cut down from 10 days to 5 days.

    read more
    • Salary - Bad
    • +4 more

    Marketing & Communication Department

    4.0
      •  posted on 03 Nov 2020

    2.0
     for  Salary and Benefits

    Likes

    Work life balance is certainly there with a good corporate culture.

    • Job security - Good
    • +2 more

    Dislikes

    ...a difficult task if you work in the south zone particularly in AP and TS region. Pay is not at par to the industry standards it frustrates a lot many times. Distributors are frustrated with the brokerages and they would shade their entire frustration on the sales people.

    read more
    • Salary - Poor

    Sales support Department

    5.0
      •  posted on 20 Oct 2017

    4.0
     for  Salary and Benefits

    Likes

    The company provides fabulous work life balance with benefits and perks .job security is 100% .

    • Salary - Good
    • +6 more

    Dislikes

    Salary growth is there but limits is there . Every one gets almost same salary increase in percentage terms .

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    Full Time

     · 

    Consulting Department

    4.0
      •  posted on 06 Apr 2021

    4.0
     for  Salary and Benefits

    Likes

    1.Management is very corporative but very stringent when it comes to compliance. 2.Lot of training programs, webinar are conducted for employees to learn about cross functional team work. 3.You can easily balance your work life.

    read more
    • Salary - Good
    • +6 more

    Dislikes

    Salary hike is less. Promotion process is very slow.

    Full Time

     · 

    BFSI, Investments & Trading Department

    5.0
      •  posted on 12 Jun 2024

    4.0
     for  Salary and Benefits

    Likes

    Well this was my 1st job after my masters & i cant thank them enough for the great work culture along with emphasis on continued learning & skill upgradation. I had the opportunity to work with great bosses to name Mr PB Dhilip, Mr Micheal Lobo, Mr Arthur , Mr Durgaprasad Mahapatra who had been a great mentor to me & had worked closely with them. They had always entrusted on maintain good work ethics & structured way of getting our targets acheived. I had worked in both sales & operations & never was a day where i didnt feel excited.

    read more
    • Salary - Good
    • +6 more

    Dislikes

    Maybe the salary of management trainees could be increased. But none the less great environment.

    read more
    see more salary related reviews

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    HDFC Asset Management Company Assistant Manager Salary FAQs

    What is the salary of Assistant Manager at HDFC Asset Management Company Mumbai?
    Assistant Manager salary at HDFC Asset Management Company in Mumbai ranges between ₹4.0 Lakhs to ₹10.6 Lakhs for experience between 1 years to 8 years. According to our estimates it is 14% less than the average Assistant Manager Salary in India. Salary estimates are based on 78 latest salaries received from various employees of HDFC Asset Management Company Mumbai.
    How does the salary of a Assistant Manager at HDFC Asset Management Company Mumbai compare with the average salary range for this job?
    The average salary of a Assistant Manager at HDFC Asset Management Company is 14% less than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.
    Which similar companies are paying more than HDFC Asset Management Company to a Assistant Manager in Mumbai?
    • Paytm Payments Bank Assistant Manager Salary - ₹13.0 Lakhs to ₹14.5 Lakhs per year
    • Franklin Templeton Investments Assistant Manager Salary - ₹6.5 Lakhs to ₹20.8 Lakhs per year
    • South Indian Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year
    • V-Guard Industries Assistant Manager Salary - ₹9.0 Lakhs to ₹12.0 Lakhs per year
    • Oracle Financial Services Software Assistant Manager Salary - ₹6.2 Lakhs to ₹10.2 Lakhs per year
    What is the salary of a Assistant Manager in companies similar to HDFC Asset Management Company in Mumbai?
    • Datamatics Global Services Assistant Manager Salary - ₹3.7 Lakhs to ₹16.1 Lakhs per year
    • Go First Assistant Manager Salary - ₹5.8 Lakhs to ₹10.5 Lakhs per year
    • Mirae Asset Global Investments (India) Assistant Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
    • DSP Investment Managers Assistant Manager Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year
    • Idfc Asset Management Company Assistant Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
    What is the estimated take home salary of a Assistant Manager at HDFC Asset Management Company in Mumbai?
    The estimated take-home salary of a Assistant Manager at HDFC Asset Management Company ranges between ₹53,454 per month to ₹54,786 per month in Mumbai. The take-home salary calculation is based on the average HDFC Asset Management Company Assistant Manager salary in India which ranges between ₹4.0 Lakhs to ₹10.6 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
    What is the notice period for Assistant Manager at HDFC Asset Management Company in Mumbai?
    According to AmbitionBox, 68% of the HDFC Asset Management Company Assistant Managers in Mumbai reported a notice period of 3 Months, 19% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    HDFC Asset Management Company Assistant Manager salary in Mumbai ranges between ₹4 Lakhs to ₹10.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 78 HDFC Asset Management Company latest salaries received from various employees of HDFC Asset Management Company.