HDFC Asset Management Company Indore Manager Salaries by 7 Employees

3 - 6 years exp.

₹6 Lakhs - ₹9.8 Lakhs

Salary of majority employees

26% less than the average Manager Salary in Financial Services Companies for 3 - 6 years of experience

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Salaries in different departments

Sales & Business Development Manager Salary 3 - 6 years exp. (3 salaries)	₹7.4 L/yr - ₹9.8 L/yr
Risk Management & Compliance Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹10.8 L/yr
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Finance & Accounting Manager Salary 5 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹11.5 L/yr

Last Updated: 26 Sep 2024

Companies similar to HDFC Asset Management Company for Manager in Indore

HDFC Asset Management Company Manager Salary

3 - 6 years exp. (7 salaries)

₹6 L/yr - ₹9.8 L/yr

Company name	Avg Annual Salary	Open Jobs
VE Commercial Vehicles Manager Salary 8 - 20 years exp. (161 salaries)	₹10 L/yr - ₹26 L/yr 103% more
ICICI Bank Manager Salary 0 - 16 years exp. (87 salaries)	₹5.2 L/yr - ₹20 L/yr 21% more
Login to view exact salary
Cipla Manager Salary 8 - 21 years exp. (83 salaries)	₹8.5 L/yr - ₹24 L/yr 77% more
Lupin Manager Salary 10 - 19 years exp. (46 salaries)	₹10 L/yr - ₹26.5 L/yr 79% more	12 job openings
IDFC FIRST Bank Manager Salary 2 - 13 years exp. (36 salaries)	₹4.4 L/yr - ₹11 L/yr 14% less

Manager salary at HDFC Asset Management Company ranges between ₹6 Lakhs to ₹9.8 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Asset Management Company.

Experience wise HDFC Asset Management Company Manager salaries in Indore

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
4 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
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5 years (3 salaries)	₹6 L/yr - ₹9.8 L/yr
6 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr

Salary related reviews for HDFC Asset Management Company

4.0

Rated by 1 employees for salary & benefits

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.

Manager (Corporate Client Services - Operations) (working remotely)

Full Time

Risk Management & Compliance Department

5.0

• posted on 15 Oct 2024

4.0

for Salary and Benefits

Likes

Very good work culture. Employee inclusive culture. Good work life balance. Managers really appreciative of view. Senior management approachable for new thoughts and ideas.

Salary - Good

+6 more

Dislikes

Salary structure may be better. Though writing this from a little.ited corporate experience.

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 Manager Salary FAQs

What is the salary of Manager at HDFC Asset Management Company in Indore?

The average salary of a Manager at HDFC Asset Management Company in Indore typically ranges from ₹6.0 Lakhs to ₹9.8 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Manager in Indore at HDFC Asset Management Company earn more than ₹9.8 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Manager 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 7 HDFC Asset Management Company employees in India.

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

The estimated take-home salary of a Manager at HDFC Asset Management Company in Indore typically ranges from ₹67,663 to ₹69,397 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from 3 years to 6 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 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 Manager in India?

VE Commercial Vehicles	₹10.0 Lakhs to ₹26.0 Lakhs per year
Lupin	₹10.0 Lakhs to ₹26.5 Lakhs per year
Cipla	₹8.5 Lakhs to ₹24.0 Lakhs per year
ICICI Bank	₹5.2 Lakhs to ₹20.0 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 Manager in companies similar to HDFC Asset Management Company in Indore?

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

IDFC FIRST Bank

₹4.4 Lakhs to ₹11.0 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 HDFC Asset Management Company in Indore?

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

Experience	Average Salary Range
3 years	₹7.1 Lakhs to ₹9.1 Lakhs per year
4 years	₹7.5 Lakhs to ₹9.5 Lakhs per year
5 years	₹6.0 Lakhs to ₹9.8 Lakhs per year
6 years	₹8.2 Lakhs to ₹10.5 Lakhs per year

and so on.

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HDFC Asset Management Company Manager Salaries in Indore

HDFC Asset Management Company Manager salary in Indore ranges between ₹6 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Asset Management Company latest salaries received from various employees of HDFC Asset Management Company.