ICICI Prudential Mutual Fund Institutional Sales Manager Salaries by 4 Employees

8 - 10 years exp.

₹10.5 Lakhs - ₹17.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

6% more than the average Institutional Sales Manager Salary in Financial Services Companies for 8 - 10 years of experience

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Last Updated: 7 Dec 2024

Companies similar to ICICI Prudential Mutual Fund for Institutional Sales Manager

Company name	Avg Annual Salary	Open Jobs
Grasim Industries Institutional Sales Manager Salary 0 - 10 years exp. (90 salaries)	₹5 L/yr - ₹13 L/yr 35% less
Maruti Suzuki Institutional Sales Manager Salary 0 - 10 years exp. (31 salaries)	₹12.1 L/yr - ₹27.2 L/yr 44% more	1 job opening
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Haier Appliances India Institutional Sales Manager Salary 5 - 18 years exp. (15 salaries)	₹7.8 L/yr - ₹20.6 L/yr 7% more
Birla Opus Paints Institutional Sales Manager Salary 3 - 8 years exp. (12 salaries)	₹6 L/yr - ₹11 L/yr 37% less
Hyundai Motor India Limited Institutional Sales Manager Salary 9 - 19 years exp. (11 salaries)	₹16 L/yr - ₹27 L/yr 61% more

Institutional Sales Manager salary at ICICI Prudential Mutual Fund ranges between ₹10.5 Lakhs to ₹17.5 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Mutual Fund.

Experience wise ICICI Prudential Mutual Fund Institutional Sales Manager salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹20.4 L/yr
9 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹17.5 L/yr
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10 years (AmbitionBox Estimate)	₹15 L/yr - ₹28.6 L/yr

Similar Designation salaries in ICICI Prudential Mutual Fund

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Assistant Sales Manager Salary

(6 salaries)

₹4.3 L/yr - ₹5 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Area Sales Manager Salary

(3 salaries)

₹5.5 L/yr - ₹10.1 L/yr

Regional Manager Salary

(4 salaries)

₹8 L/yr - ₹18 L/yr

Sales Manager Salary

(6 salaries)

₹4.8 L/yr - ₹11.2 L/yr

Relationship Manager Salary

(1.1k salaries)

₹2.15 L/yr - ₹8 L/yr

Marketing Manager Salary

(6 salaries)

₹6 L/yr - ₹12 L/yr

Deputy Manager Salary

(339 salaries)

₹4.65 L/yr - ₹14 L/yr

Salary related reviews for ICICI Prudential Mutual Fund

3.0

Rated by 2 employees for salary & benefits

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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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 Institutional Sales Manager Salary FAQs

What is the salary of Institutional Sales Manager at ICICI Prudential Mutual Fund ?

The average salary of a Institutional Sales Manager at ICICI Prudential Mutual Fund in India typically ranges from ₹10.5 Lakhs to ₹17.5 Lakhs per year, depending on experience (from 8 years to 10 years).

The top 10% of Institutional Sales Manager at ICICI Prudential Mutual Fund earn more than ₹17.5 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. Institutional Sales 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 4 ICICI Prudential Mutual Fund employees in India.

What is the estimated take home salary of a Institutional Sales Manager at ICICI Prudential Mutual Fund in India?

The estimated take-home salary of a Institutional Sales Manager at ICICI Prudential Mutual Fund in India typically ranges from ₹95,342 to ₹97,914 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹17.5 Lakhs per year for employees with experience ranging from 8 years to 10 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 4 salaries received from various employees of ICICI Prudential Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ICICI Prudential Mutual Fund for Institutional Sales Manager in India?

Hyundai Motor India Limited	₹16.0 Lakhs to ₹27.0 Lakhs per year
Maruti Suzuki	₹12.1 Lakhs to ₹27.2 Lakhs per year
Haier Appliances India	₹7.8 Lakhs to ₹20.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Prudential Mutual Fund, depending on the role and experience level.

What is the salary of a Institutional Sales Manager in companies similar to ICICI Prudential Mutual Fund in India?

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

Grasim Industries	₹5.0 Lakhs to ₹13.0 Lakhs per year
Birla Opus Paints	₹6.0 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 Institutional Sales Manager at ICICI Prudential Mutual Fund in India?

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

Experience	Average Salary Range
8 years	₹10.4 Lakhs to ₹20.4 Lakhs per year
9 years	₹11.5 Lakhs to ₹17.5 Lakhs per year
10 years	₹15.0 Lakhs to ₹28.6 Lakhs per year

and so on.

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ICICI Prudential Mutual Fund Institutional Sales Manager Salaries

ICICI Prudential Mutual Fund Institutional Sales Manager salary in India ranges between ₹10.5 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICICI Prudential Mutual Fund latest salaries received from various employees of ICICI Prudential Mutual Fund.