HDFC Asset Management Company Associate Salaries by 4 Employees

0 - 1 year exp.

₹2.6 Lakhs - ₹3.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

61% less than the average Associate Salary in Financial Services Companies for 0 - 1 year of experience

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Salaries in different departments

Customer Success, Service & Operations Associate Salary Fresher (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
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Finance & Accounting Associate Salary 1 year exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.7 L/yr

Last Updated: 17 Sep 2024

Companies similar to HDFC Asset Management Company for Associate

Company name	Avg Annual Salary	Open Jobs
Paytm Payments Bank Associate Salary 0 - 8 years exp. (349 salaries)	₹2 L/yr - ₹4.6 L/yr 15% more
Datamatics Global Services Associate Salary 0 - 10 years exp. (220 salaries)	₹0.9 L/yr - ₹5 L/yr 16% less	1 job opening
Login to view exact salary
Oracle Financial Services Software Associate Salary 0 - 5 years exp. (202 salaries)	₹2.2 L/yr - ₹6 L/yr 25% more
Swiss Re Associate Salary 1 - 7 years exp. (72 salaries)	₹5 L/yr - ₹17 L/yr 316% more
Ashok Leyland Associate Salary 1 - 6 years exp. (52 salaries)	₹1.2 L/yr - ₹7.2 L/yr 12% less
Small Industries Development Bank of India Associate Salary 3 - 8 years exp. (6 salaries)	₹4.2 L/yr - ₹5.4 L/yr 46% more
South Indian Bank Associate Salary 1 - 4 years exp. (5 salaries)	₹4.7 L/yr - ₹7 L/yr 72% more
Sammaan Capital Limited Associate Salary 1 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹2.6 L/yr 23% less
Mangalore Refinery and Petrochemicals Associate Salary 1 - 2 years exp. (3 salaries)	₹3 L/yr - ₹3.2 L/yr 3% more
Go First Associate Salary 0 - 5 years exp. (3 salaries)	₹3.5 L/yr - ₹14 L/yr 192% more

Associate salary at HDFC Asset Management Company ranges between ₹2.6 Lakhs to ₹3.3 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of HDFC Asset Management Company.

Experience wise HDFC Asset Management Company Associate salaries

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in HDFC Asset Management Company

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(4 salaries)

₹3.2 L/yr - ₹4 L/yr

Web Developer Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.6 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹9.3 L/yr - ₹11.8 L/yr

Salary related reviews for HDFC Asset Management Company

4.0

Rated by 2 employees for salary & benefits

Assistant Manager Operations in Thiruvananthapuram

Full Time

Finance & Accounting Department

3.0

• posted on 29 Mar 2025

2.0

for Salary and Benefits

Likes

You get a brand name to work under..good for freshers.

Job security - Excellent

Dislikes

If you are joining for operations..do not think a hour hike..I worked three years my salary was increased just by 4000 in total of three years..word appraisal..

Salary - Poor

+2 more

Client Service Officer in Pune

Full Time

Client Services Department

4.0

• posted on 05 Jun 2022

1.0

for Salary and Benefits

Likes

The work culture of the company is good and work life balance to also good.

Company culture - Good

+1 more

Dislikes

The discrimination is very high in the company and the salary they provide to off-role employees is extremely low as compared to freshers on-role employees as both works on same role and same work level.

Salary - Bad

Senior Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 01 Jul 2023

1.0

for Salary and Benefits

Likes

Job is secure provided there is no compliance query

Job security - Good

+1 more

Dislikes

... government department. Totally based on perception. No actual process in place. HR is pathetic and is baniye ki dukan when it comes to salary negotiation. Every Saturday is half day working. Officially they say Monday to Friday.

Salary - Bad

+4 more

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.

Salary - Good

+6 more

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.

Salary - Good

+6 more

Dislikes

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

see more salary related reviews

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What people are saying about HDFC Asset Management Company

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yeraclassic

student at

Anjuman-I-Islam's Allana Institute of Management Studies, Mumbai

Seeking Career advice

Hello everyone I am a recent finance graduate seeking guidance on choosing the right career path among three job offers I've received: 1. Virtual Relationship Manager (VRM) at ICICI Prudential Mutual Fund Offered CTC: ₹3.5 LPA 2. Virtual Relationship Manager (VRM) at HDFC Mutual Fund Offered CTC: ₹3.5 LPA 3. Business Analyst in the Credit Domain at Veeraraghavan and Company Offered CTC: around ₹2 LPA based on ambition box. I aim to achieve career growth with a target salary of at least ₹12 LPA in the future, with the goal of purchasing my own house in Thane, mumbai. Considering my background and aspirations, I seek guidance on the following: Which role offers better long-term career growth and aligns with my salary objectives? How do the skills acquired in each position contribute to future opportunities in the finance sector? I appreciate any advice or experiences you can share to assist me in making an informed decision.

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HDFC Asset Management Company Associate Salary FAQs

What is the salary of Associate at HDFC Asset Management Company ?

The average salary of a Associate at HDFC Asset Management Company in India typically ranges from ₹2.6 Lakhs to ₹3.3 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Associate at HDFC Asset Management Company earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Associate Salaries at HDFC Asset Management Company 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 HDFC Asset Management Company employees in India.

What is the estimated take home salary of a Associate at HDFC Asset Management Company in India?

The estimated take-home salary of a Associate at HDFC Asset Management Company in India typically ranges from ₹21,343 to ₹22,987 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from Fresher to 1 year.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 HDFC Asset Management Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Asset Management Company for Associate in India?

Swiss Re	₹5.0 Lakhs to ₹17.0 Lakhs per year
Go First	₹3.5 Lakhs to ₹14.0 Lakhs per year
South Indian Bank	₹4.7 Lakhs to ₹7.0 Lakhs per year
Small Industries Development Bank of India	₹4.2 Lakhs to ₹5.4 Lakhs per year
Oracle Financial Services Software	₹2.2 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Asset Management Company, depending on the role and experience level.

What is the salary of a Associate in companies similar to HDFC Asset Management Company in India?

The salary of a Associate at companies similar to HDFC Asset Management Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Paytm Payments Bank	₹2.0 Lakhs to ₹4.6 Lakhs per year
Mangalore Refinery and Petrochemicals	₹3.0 Lakhs to ₹3.2 Lakhs per year
Ashok Leyland	₹1.2 Lakhs to ₹7.2 Lakhs per year
Datamatics Global Services	₹0.9 Lakhs to ₹5.0 Lakhs per year
Sammaan Capital Limited	₹2.2 Lakhs to ₹2.6 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 Associate at HDFC Asset Management Company in India?

The salary growth for a Associate at HDFC Asset Management Company depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at HDFC Asset Management Company:

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹3.2 Lakhs per year
1 year	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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HDFC Asset Management Company Associate Salaries

HDFC Asset Management Company Associate salary in India ranges between ₹2.6 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Asset Management Company latest salaries received from various employees of HDFC Asset Management Company.