ICICI Prudential Mutual Fund Mumbai Cluster Manager Salaries by 10+ Employees

6 - 18 years exp.

₹9 Lakhs - ₹21.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

64% more than the average Cluster Manager Salary in Financial Services Companies for 6 - 18 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Salary 14 - 18 years exp. (7 salaries)	₹12.7 L/yr - ₹21.6 L/yr
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BFSI, Investments & Trading Cluster Manager Salary 9 - 10 years exp. (3 salaries)	₹9 L/yr - ₹19.8 L/yr

Last Updated: 29 Sep 2024

Companies similar to ICICI Prudential Mutual Fund for Cluster Manager in Mumbai

ICICI Prudential Mutual Fund Cluster Manager Salary

6 - 18 years exp. (13 salaries)

₹9 L/yr - ₹21.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Direct Cluster Manager Salary 1 - 10 years exp. (24 salaries)	₹3.1 L/yr - ₹5 L/yr 74% less
Kotak Securities Cluster Manager Salary 8 - 12 years exp. (6 salaries)	₹3.9 L/yr - ₹6 L/yr 64% less
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Reliance Retail Cluster Manager Salary 9 - 20 years exp. (40 salaries)	₹6.5 L/yr - ₹17 L/yr 24% less
Reliance General Insurance Cluster Manager Salary 9 - 18 years exp. (29 salaries)	₹6.7 L/yr - ₹17.5 L/yr 21% less
Aditya Birla Sun Life Insurance Cluster Manager Salary 4 - 13 years exp. (27 salaries)	₹6.8 L/yr - ₹14 L/yr 37% less

Cluster Manager salary at ICICI Prudential Mutual Fund ranges between ₹9 Lakhs to ₹21.6 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 13 latest salaries received from various employees of ICICI Prudential Mutual Fund.

Experience wise ICICI Prudential Mutual Fund Cluster Manager salaries in Mumbai

Last Updated: 29 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
7 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr
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8 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
9 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
10 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
11 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
12 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.6 L/yr
13 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
14 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
15+ years (7 salaries)	₹17 L/yr - ₹21.6 L/yr

View all

Similar Designation salaries in ICICI Prudential Mutual Fund

Relationship Manager Salary

(259 salaries)

₹2.55 L/yr - ₹8 L/yr

Deputy Manager Salary

(141 salaries)

₹5 L/yr - ₹14 L/yr

Salary related reviews for ICICI Prudential Mutual Fund

Relationship Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 09 Sep 2023

2.0

for Salary and Benefits

Likes

Training part is very good with this amc .company really wants to care about their employees but due to some rotten mangoes it is impossible to implement there good work ethics.

Dislikes

...our family business in the office timings ! Hip hip hurray ! Win win situation! Salary ki salary ! Commission ka Commission!

Salary - Poor

+4 more

Relationship Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Aug 2018

3.0

for Salary and Benefits

Likes

...r careeer in mutual fund induatry right place for gain more knowledge work life balance is average salary is not as compare to other amc work environment is good .

Skill development - Excellent

+3 more

Dislikes

salary, pollities ,

Relationship Manager in Navi Mumbai

Retail Banking Department

1.0

• posted on 19 Jun 2021

1.0

for Salary and Benefits

Likes

Overall the company is good, during pandemic period not even once there was salary issue.

Job security - Excellent

Dislikes

My immediate manager and his boss,were the most useless creatures on earth,not clear about what to do,and always trying to manipulate team members.

Salary - Bad

+4 more

Branch Manager in Chhattiagarh

Sales & Business Development Department

1.0

• posted on 19 Apr 2022

1.0

for Salary and Benefits

Likes

Worst place to work, favoritism, if u r not fav u will never grow, use abusive language, No HR policy, worst HR and Management I have ever worked. Bad working culture.

Dislikes

No professionalism, no growth, least salary compared with all other companies.

Salary - Bad

+5 more

Branch Manager in Hosur

Sales & Business Development Department

4.0

• posted on 06 Jul 2022

2.0

for Salary and Benefits

Likes

Everthing is fine in the company, only the compensation & benefit is a problem, they pay low, but the knowlegde provided and work life balance is superb, good carrer growth opportunity

Skill development - Excellent

+5 more

Dislikes

Compensation is always low in ICICI

Salary - Poor

see more salary related reviews

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What people are saying about ICICI Prudential Mutual Fund

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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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ICICI Prudential Mutual Fund Cluster Manager Salary FAQs

What is the salary of Cluster Manager at ICICI Prudential Mutual Fund in Mumbai?

The average salary of a Cluster Manager at ICICI Prudential Mutual Fund in Mumbai typically ranges from ₹9.0 Lakhs to ₹21.6 Lakhs per year, depending on experience (from 6 years to 18 years).

The top 10% of Cluster Manager in Mumbai at ICICI Prudential Mutual Fund earn more than ₹20.3 Lakhs per year, and the top 1% earn over ₹21.6 Lakhs per year. Cluster Manager Salaries at ICICI Prudential Mutual Fund 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 10+ ICICI Prudential Mutual Fund employees in India.

What is the estimated take home salary of a Cluster Manager at ICICI Prudential Mutual Fund in Mumbai?

The estimated take-home salary of a Cluster Manager at ICICI Prudential Mutual Fund in Mumbai typically ranges from ₹1,10,588 to ₹1,13,652 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹21.6 Lakhs per year for employees with experience ranging from 6 years to 18 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 10+ salaries received from various employees of ICICI Prudential Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Cluster Manager in companies similar to ICICI Prudential Mutual Fund in Mumbai?

The salary of a Cluster Manager at companies similar to ICICI Prudential Mutual Fund in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance General Insurance	₹6.7 Lakhs to ₹17.5 Lakhs per year
Reliance Retail	₹6.5 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹6.8 Lakhs to ₹14.0 Lakhs per year
Kotak Securities	₹3.9 Lakhs to ₹6.0 Lakhs per year
Axis Direct	₹3.1 Lakhs to ₹5.0 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 Cluster Manager at ICICI Prudential Mutual Fund in Mumbai?

The salary growth for a Cluster Manager at ICICI Prudential Mutual Fund in Mumbai depends on factors such as experience, performance, and promotions. On average, a Cluster Manager in Mumbai can expect the following growth trajectory at ICICI Prudential Mutual Fund:

Experience	Average Salary Range
6 years	₹11.0 Lakhs to ₹14.0 Lakhs per year
7 years	₹11.6 Lakhs to ₹14.8 Lakhs per year
8 years	₹12.2 Lakhs to ₹15.5 Lakhs per year
9 years	₹12.8 Lakhs to ₹16.3 Lakhs per year

and so on.

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ICICI Prudential Mutual Fund Cluster Manager Salaries in Mumbai

ICICI Prudential Mutual Fund Cluster Manager salary in Mumbai ranges between ₹9 Lakhs to ₹21.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 ICICI Prudential Mutual Fund latest salaries received from various employees of ICICI Prudential Mutual Fund.