IDBI Mutual Fund Mumbai Salaries by 30+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Officer 4 - 8 years exp. · Mumbai (6 salaries)	₹4 L/yr - ₹6.3 L/yr
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Equity Research Analyst 4 - 6 years exp. · Mumbai (3 salaries)	₹7.7 L/yr - ₹9.8 L/yr
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Relationship Manager 2 - 3 years exp. · Mumbai (AmbitionBox Estimate)	₹4.3 L/yr - ₹5 L/yr
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Customer Service Executive 1 - 10 years exp. · Mumbai (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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Chief Financial Officer and Chief Operating Officer 22 - 23 years exp. · Mumbai (AmbitionBox Estimate)	₹40.5 L/yr - ₹51.8 L/yr
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Fund Accountant 4 years exp. · Mumbai (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Associate Vice President 16 years exp. · Mumbai (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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Vice President Sales 19 years exp. · Mumbai (AmbitionBox Estimate)	₹47.5 L/yr - ₹52.5 L/yr
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Credit Analyst 3 years exp. · Mumbai (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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Deputy Manager 11 years exp. · Mumbai (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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Company Secretary and Compliance Officer 17 years exp. · Mumbai (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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Investment Analyst 7 years exp. · Mumbai (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
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Equity Analyst 1 year exp. · Mumbai (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Operations Executive 4 years exp. · Mumbai (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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Back Office Executive 1 year exp. · Mumbai (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Operation Support 5 years exp. · Mumbai (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Investor Relationship Manager 11 years exp. · Mumbai (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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Support Staff 6 years exp. · Mumbai (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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Fixed Income Dealer 3 years exp. · Mumbai (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Assistant Manager 5 - 16 years exp. · Mumbai (3 salaries)	₹4.7 L/yr - ₹6.8 L/yr
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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Salary related reviews for IDBI Mutual Fund

3.2

Rated by 3 employees for salary & benefits

Assistant Manager in Ludhiana

Sales & Business Development Department

5.0

• posted on 28 Feb 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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Know more about IDBI Mutual Fund Mumbai

IDBI Mutual Fund Salary FAQs

How much does IDBI Mutual Fund pay per year?

The average IDBI Mutual Fund salary ranges from approximately ₹2 Lakhs to ₹2.7 Lakhs per year for a Investment Officer and ₹2 Lakhs to ₹6.3 Lakhs per year for a Officer. Salary estimates are based on 34 IDBI Mutual Fund salaries received from various employees of IDBI Mutual Fund. IDBI Mutual Fund employees rate the overall salary and benefits package 3.2/5 stars.

What is the highest salary in IDBI Mutual Fund?

The highest-paying job at IDBI Mutual Fund is a Officer with a salary of ₹2 Lakhs to ₹6.3 Lakhs per year. The top 10% of employees earn more than ₹19.20 lakhs per year. The top 1% earn more than a whopping ₹49.45 lakhs per year.

What is the minimum salary in IDBI Mutual Fund?

Minimum salary at IDBI Mutual Fund depends on the role you are applying for. For Investment Officer the minimum salary is ₹2 Lakhs to ₹2.7 Lakhs per year, and for Customer Service Executive the minimum salary is ₹2.9 Lakhs to ₹3.7 Lakhs per year and so on.

What is the notice period at IDBI Mutual Fund in Mumbai?

According to AmbitionBox, 33% of the IDBI Mutual Fund employees in Mumbai reported a notice period of 2 Months, 34% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Average annual salary in IDBI Mutual Fund , Mumbai is INR . Salary estimates are based on 34 IDBI Mutual Fund latest salaries received from various employees of IDBI Mutual Fund.