HDFC Asset Management Company Mumbai Assistant Manager Salaries by 70+ Employees (Updated 2025)

1 - 8 years exp.

₹4 Lakhs - ₹10.4 Lakhs

Salary of majority employees

12% 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)	₹4 L/yr - ₹7.8 L/yr
BFSI, Investments & Trading Assistant Manager Salary 1 - 7 years exp. (15 salaries)	₹4.8 L/yr - ₹10.4 L/yr
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Sales & Business Development Assistant Manager Salary 1 - 6 years exp. (14 salaries)	₹5.2 L/yr - ₹8.3 L/yr
Marketing & Communication Assistant Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹8.5 L/yr
Customer Success, Service & Operations Assistant Manager Salary 5 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr

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Last Updated: 18 Dec 2024

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

HDFC Asset Management Company Assistant Manager Salary

1 - 8 years exp. (79 salaries)

₹4 L/yr - ₹10.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Assistant Manager Salary 0 - 9 years exp. (234 salaries)	₹3.5 L/yr - ₹7.5 L/yr 27% less
SBI Mutual Fund Assistant Manager Salary 0 - 6 years exp. (27 salaries)	₹4.8 L/yr - ₹8 L/yr 21% less
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Birla Sun Life Mutual Fund Assistant Manager Salary 1 - 7 years exp. (15 salaries)	₹4 L/yr - ₹6.4 L/yr 29% less
Axis Asset Management Company Assistant Manager Salary 1 - 10 years exp. (15 salaries)	₹3.6 L/yr - ₹8 L/yr 21% less
Kotak Mahindra Asset Management Company Assistant Manager Salary 1 - 7 years exp. (33 salaries)	₹2.4 L/yr - ₹7.1 L/yr 36% less
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (205 salaries)	₹3 L/yr - ₹9.2 L/yr 24% less
South Indian Bank Assistant Manager Salary 2 - 10 years exp. (45 salaries)	₹6 L/yr - ₹16 L/yr 62% more
Sammaan Capital Limited Assistant Manager Salary 4 - 13 years exp. (36 salaries)	₹3 L/yr - ₹10 L/yr 18% less
Go First Assistant Manager Salary 4 - 17 years exp. (35 salaries)	₹5.8 L/yr - ₹10.5 L/yr 16% more
Datamatics Global Services Assistant Manager Salary 8 - 15 years exp. (33 salaries)	₹5.2 L/yr - ₹17 L/yr 33% more
UTI Asset Management Company Assistant Manager Salary 1 - 7 years exp. (27 salaries)	₹4 L/yr - ₹8.5 L/yr 13% less
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DSP Investment Managers Assistant Manager Salary 1 - 9 years exp. (23 salaries)	₹5 L/yr - ₹13 L/yr 16% more
Nippon Life India Asset Management Assistant Manager Salary 3 - 9 years exp. (19 salaries)	₹5 L/yr - ₹8 L/yr 11% less
City Union Bank Assistant Manager Salary 3 - 11 years exp. (19 salaries)	₹6 L/yr - ₹10.3 L/yr 10% more
Mirae Asset Global Investments (India) Assistant Manager Salary 0 - 8 years exp. (17 salaries)	₹3.5 L/yr - ₹14 L/yr 15% more
SBI Funds Management Assistant Manager Salary 2 - 8 years exp. (16 salaries)	₹3.6 L/yr - ₹7.2 L/yr 17% less
Tata Capital Housing Finance Assistant Manager Salary 2 - 12 years exp. (12 salaries)	₹5.2 L/yr - ₹8.1 L/yr 19% less
Franklin Templeton Investments Assistant Manager Salary 6 - 14 years exp. (8 salaries)	₹8 L/yr - ₹20.8 L/yr 94% more
Manba Finance Assistant Manager Salary 4 - 14 years exp. (8 salaries)	₹2.7 L/yr - ₹6 L/yr 33% less
Oracle Financial Services Software Assistant Manager Salary 9 - 16 years exp. (7 salaries)	₹6.2 L/yr - ₹10.2 L/yr 32% more

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Assistant Manager salary at HDFC Asset Management Company ranges between ₹4 Lakhs to ₹10.4 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 79 latest salaries received from various employees of HDFC Asset Management Company.

Experience wise HDFC Asset Management Company Assistant Manager salaries in Mumbai

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
1 year (12 salaries)	₹4.5 L/yr - ₹8.6 L/yr
2 years (25 salaries)	₹4 L/yr - ₹8 L/yr
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3 years (19 salaries)	₹4 L/yr - ₹8.5 L/yr
4 years (9 salaries)	₹5.1 L/yr - ₹10.4 L/yr
5 years (8 salaries)	₹4.5 L/yr - ₹8.2 L/yr
6 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹10 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.7 L/yr
8 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9 L/yr

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Similar Designation salaries in HDFC Asset Management Company

Relationship Manager Salary

(9 salaries)

₹3.05 L/yr - ₹6 L/yr

Branch Manager Salary

(5 salaries)

₹9.7 L/yr - ₹19 L/yr

Sales Manager Salary

(4 salaries)

₹7.22 L/yr - ₹12.1 L/yr

Salary related reviews for HDFC Asset Management Company

3.1

Rated by 11 employees for salary & benefits

Assistant Manager in HDFC House, Churchgate

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.

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.

Assistant Manager in Hyderabad / Secunderabad

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.

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.

Assistant Manager in Ahmedabad

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% .

Dislikes

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

Operations Executive in Bangalore / Bengaluru

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.

Dislikes

Salary hike is less. Promotion process is very slow.

Branch Manager in Goa

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.

Dislikes

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

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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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 ₹10.4 Lakhs for experience between 1 years to 8 years. According to our estimates it is 12% less than the average Assistant Manager Salary in India. Salary estimates are based on 79 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 12% 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?

Franklin Templeton Investments Assistant Manager Salary - ₹8.0 Lakhs to ₹20.8 Lakhs per year
Paytm Payments Bank Assistant Manager Salary - ₹12.3 Lakhs to ₹14.0 Lakhs per year
South Indian Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year
Datamatics Global Services Assistant Manager Salary - ₹5.2 Lakhs to ₹17.0 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?

Go First Assistant Manager Salary - ₹5.8 Lakhs to ₹10.5 Lakhs per year
DSP Investment Managers Assistant Manager Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year
Mirae Asset Global Investments (India) Assistant Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
City Union Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹10.3 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 ₹54,279 per month to ₹55,634 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 ₹10.4 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.

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HDFC Asset Management Company Assistant Manager Salaries in Mumbai

HDFC Asset Management Company Assistant Manager salary in Mumbai ranges between ₹4 Lakhs to ₹10.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 79 HDFC Asset Management Company latest salaries received from various employees of HDFC Asset Management Company.

HDFC Asset Management Company Assistant Manager salaries in Mumbai

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

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

Experience wise HDFC Asset Management Company Assistant Manager salaries in Mumbai

Similar Designation salaries in HDFC Asset Management Company

Salary related reviews for HDFC Asset Management Company

Assistant Manager in HDFC House, Churchgate

Assistant Manager in Hyderabad / Secunderabad

Assistant Manager in Ahmedabad

Operations Executive in Bangalore / Bengaluru

Branch Manager in Goa

HDFC Asset Management Company Assistant Manager Salary FAQs

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