IDFC Mutual Fund Assistant Manager Salaries by 10+ Employees (Updated 2025)

2 - 7 years exp.

₹4.5 Lakhs - ₹10 Lakhs

Salary of majority employees

8% less than the average Assistant Manager Salary in Financial Services Companies for 2 - 7 years of experience

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Salaries in different departments

Sales & Business Development Assistant Manager Salary 3 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹10 L/yr
Human Resources Assistant Manager Salary 6 - 7 years exp. (3 salaries)	₹5 L/yr - ₹9.5 L/yr
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BFSI, Investments & Trading Assistant Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹8.4 L/yr
Finance & Accounting Assistant Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹9.3 L/yr

Last Updated: 2 Aug 2024

Companies similar to IDFC Mutual Fund for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
SBI Mutual Fund Assistant Manager Salary 0 - 6 years exp. (227 salaries)	₹3.4 L/yr - ₹8.5 L/yr 28% less	3 job openings
ICICI Prudential Mutual Fund Assistant Manager Salary 0 - 9 years exp. (668 salaries)	₹3 L/yr - ₹7.7 L/yr 31% less
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Birla Sun Life Mutual Fund Assistant Manager Salary 1 - 8 years exp. (49 salaries)	₹3.3 L/yr - ₹6.5 L/yr 34% less
Nippon Life India Asset Management Assistant Manager Salary 3 - 9 years exp. (53 salaries)	₹3.7 L/yr - ₹8 L/yr 23% less
Axis Mutual Fund Assistant Manager Salary 0 - 7 years exp. (59 salaries)	₹2.6 L/yr - ₹8 L/yr 23% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.7k salaries)	₹1 L/yr - ₹5 L/yr 55% less
UTI Mutual Fund Assistant Manager Salary 1 - 3 years exp. (54 salaries)	₹3.2 L/yr - ₹10 L/yr 27% less
Franklin Templeton Investments Assistant Manager Salary 6 - 15 years exp. (135 salaries)	₹5.2 L/yr - ₹21 L/yr 67% more
DSP Mutual Fund Assistant Manager Salary 1 - 11 years exp. (20 salaries)	₹5 L/yr - ₹8.5 L/yr 12% less
Kotak Securities Assistant Manager Salary 0 - 7 years exp. (2.1k salaries)	₹1.6 L/yr - ₹4.8 L/yr 56% less	4 job openings
Macquarie Group Assistant Manager Salary 4 - 12 years exp. (658 salaries)	₹11.8 L/yr - ₹30 L/yr 191% more
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SBI Cards & Payment Services Assistant Manager Salary 0 - 15 years exp. (630 salaries)	₹3.5 L/yr - ₹11 L/yr 3% less	12 job openings
Pine Labs Assistant Manager Salary 4 - 12 years exp. (394 salaries)	₹2.8 L/yr - ₹11.9 L/yr 8% less
CSC Global Assistant Manager Salary 6 - 14 years exp. (313 salaries)	₹6.6 L/yr - ₹19.5 L/yr 78% more	1 job opening
Axis Direct Assistant Manager Salary 4 - 16 years exp. (209 salaries)	₹2.8 L/yr - ₹8 L/yr 23% less
Ocwen Financial Solutions Assistant Manager Salary 6 - 17 years exp. (182 salaries)	₹8.5 L/yr - ₹25 L/yr 89% more	1 job opening
National Stock Exchange of India Assistant Manager Salary 0 - 7 years exp. (125 salaries)	₹4 L/yr - ₹11.4 L/yr 16% less
Consero Global Solutions Assistant Manager Salary 6 - 14 years exp. (110 salaries)	₹7.5 L/yr - ₹14.6 L/yr 58% more
Sun Life Financial Assistant Manager Salary 9 - 14 years exp. (57 salaries)	₹8.6 L/yr - ₹22.2 L/yr 93% more
Invesco Assistant Manager Salary 8 - 15 years exp. (51 salaries)	₹8 L/yr - ₹27 L/yr 138% more

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Assistant Manager salary at IDFC Mutual Fund ranges between ₹4.5 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 11 latest salaries received from various employees of IDFC Mutual Fund.

Experience wise IDFC Mutual Fund Assistant Manager salaries

Last Updated: 2 Aug 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹14.1 L/yr
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.3 L/yr
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4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹14 L/yr
5 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹8 L/yr
6 years (4 salaries)	₹5 L/yr - ₹10 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹13.7 L/yr

View all

Similar Designation salaries in IDFC Mutual Fund

Operations Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Branch Manager Salary

(4 salaries)

₹7.5 L/yr - ₹12.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Relationship Manager Salary

(4 salaries)

₹2.4 L/yr - ₹6 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Operations Executive Salary

(8 salaries)

₹2.5 L/yr - ₹5.4 L/yr

Customer Care Executive Salary

(3 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for IDFC Mutual Fund

4.0

Rated by 1 employees for salary & benefits

Operations Executive in Mumbai

Customer Success, Service & Operations Department

5.0

• posted on 18 Nov 2018

4.0

for Salary and Benefits

Likes

...under her. Currently working on contract basis but don't worry about it anytime. Salary always on time. Awesome teams member with whom does not feel workalcohic.

Salary - Good

+5 more

Dislikes

Always depending upon the reporting manager you will get to under.

Manager in Lucknow

Full Time

Sales & Business Development Department

2.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

Work culture is good up to some extent.

Work-life balance - Excellent

Dislikes

I must say worst ever HR policies. I dont believe after working 1.5 years, when I have resigned they fully recovered my last year bonus. Such a shameful act. People are in chill mood here, no one cares you work or not. Most of the people involve in fake claims only no work at all. Feel bad for the sponser of this company.

Salary - Bad

+4 more

Assistant Vice President

BFSI, Investments & Trading Department

2.0

• posted on 27 Mar 2018

2.0

for Salary and Benefits

Likes

Good Tools and Training.

Skill development - Good

Dislikes

Work-Life balance non-existent as company does not want to hire additional hands. You land-up doing all the work yourself. Seniors incompetent and non-understanding of your problems. Daily monitoring and concalls. Cannot focus and doing work.

Salary - Poor

+3 more

VRM in Thane

Mutual fund Department

4.0

• posted on 19 Oct 2018

3.0

for Salary and Benefits

Likes

IDFC MF is a good AMC. The fact is that I was the part of this. This AMC motivate their employees and help to achieve their goals and take care of their employees needs. The peoples work in this AMC come from different backgrounds different cast work happily and we become like a family. I had started my career with IDFC and in future if again i got change to work with IDFC I will not miss the opportunity. IDFC is my favourite.

Skill development - Good

+3 more

Dislikes

Gave the best to IDFC but still i am on off role.

Job security - Poor

Operations Executive in Patna

Customer Success, Service & Operations Department

4.0

• posted on 29 Oct 2018

1.0

for Salary and Benefits

Likes

I like the branch team with whom the cordination balance was good. Branch team was supportive and humble. The work culture created by team member will make you attract to work with company.

Dislikes

Top management does not think about the offrolls employee. No proper regular traings and workshops. Branch level team is good.

Salary - Bad

+2 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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IDFC Mutual Fund Assistant Manager Salary FAQs

What is the salary of Assistant Manager at IDFC Mutual Fund?

Assistant Manager salary at IDFC Mutual Fund in India ranges between ₹4.5 Lakhs to ₹10.0 Lakhs for experience between 2 years to 7 years. According to our estimates it is 8% less than the average Assistant Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of IDFC Mutual Fund India.

How does the salary of a Assistant Manager at IDFC Mutual Fund India compare with the average salary range for this job?

The average salary of a Assistant Manager at IDFC Mutual Fund is 8% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDFC Mutual Fund to a Assistant Manager in India?

Macquarie Group Assistant Manager Salary - ₹11.8 Lakhs to ₹30.0 Lakhs per year
Invesco Assistant Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year
Morningstar Assistant Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year
TIAA Global Business Services Assistant Manager Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year
FactSet Assistant Manager Salary - ₹11.0 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to IDFC Mutual Fund in India?

Ameriprise Financial Assistant Manager Salary - ₹14.0 Lakhs to ₹19.8 Lakhs per year
Sun Life Financial Assistant Manager Salary - ₹8.6 Lakhs to ₹22.2 Lakhs per year
Ocwen Financial Solutions Assistant Manager Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
CSC Global Assistant Manager Salary - ₹6.6 Lakhs to ₹19.5 Lakhs per year
Franklin Templeton Investments Assistant Manager Salary - ₹5.2 Lakhs to ₹21.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager at IDFC Mutual Fund in India?

The estimated take-home salary of a Assistant Manager at IDFC Mutual Fund ranges between ₹57,172 per month to ₹58,609 per month in India. The take-home salary calculation is based on the average IDFC Mutual Fund Assistant Manager salary in India which ranges between ₹4.5 Lakhs to ₹10.0 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at IDFC Mutual Fund?

According to AmbitionBox, 90% of the IDFC Mutual Fund Assistant Managers reported a notice period of 3 Months, 10% reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.

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IDFC Mutual Fund Assistant Manager Salaries

IDFC Mutual Fund Assistant Manager salary in India ranges between ₹4.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 IDFC Mutual Fund latest salaries received from various employees of IDFC Mutual Fund.