IDFC Mutual Fund Assistant Manager Salaries by 10+ Employees (Updated 2024)

2 - 7 years exp.

₹4.5 Lakhs - ₹10 Lakhs

Salary of majority employees

7% 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. (219 salaries)	₹3.4 L/yr - ₹8.2 L/yr 29% less	1 job opening
ICICI Prudential Mutual Fund Assistant Manager Salary 0 - 9 years exp. (653 salaries)	₹3 L/yr - ₹7.7 L/yr 32% less
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Birla Sun Life Mutual Fund Assistant Manager Salary 1 - 7 years exp. (48 salaries)	₹3.3 L/yr - ₹6.5 L/yr 32% less
Nippon Life India Asset Management Assistant Manager Salary 3 - 9 years exp. (53 salaries)	₹3.7 L/yr - ₹8 L/yr 26% less
Axis Mutual Fund Assistant Manager Salary 0 - 7 years exp. (53 salaries)	₹2.6 L/yr - ₹8 L/yr 22% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.7k salaries)	₹1.1 L/yr - ₹5 L/yr 55% less
UTI Mutual Fund Assistant Manager Salary 1 - 4 years exp. (54 salaries)	₹3.2 L/yr - ₹10 L/yr 28% less
Franklin Templeton Investments Assistant Manager Salary 6 - 15 years exp. (133 salaries)	₹5.2 L/yr - ₹22.8 L/yr 66% more
DSP Mutual Fund Assistant Manager Salary 1 - 12 years exp. (20 salaries)	₹5 L/yr - ₹8.5 L/yr 14% less
Kotak Securities Assistant Manager Salary 0 - 7 years exp. (2.1k salaries)	₹1.6 L/yr - ₹5 L/yr 56% less	7 job openings
Macquarie Group Assistant Manager Salary 4 - 12 years exp. (657 salaries)	₹11.8 L/yr - ₹30 L/yr 189% more
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SBI Cards & Payment Services Assistant Manager Salary 0 - 15 years exp. (626 salaries)	₹3 L/yr - ₹10.1 L/yr 5% less	14 job openings
Axis Direct Assistant Manager Salary 1 - 16 years exp. (253 salaries)	₹2 L/yr - ₹8 L/yr 26% less
Ocwen Financial Solutions Assistant Manager Salary 3 - 19 years exp. (192 salaries)	₹7.7 L/yr - ₹24 L/yr 79% more
Mashreq Global Services Assistant Manager Salary 6 - 15 years exp. (163 salaries)	₹9 L/yr - ₹35 L/yr 187% more	3 job openings
Consero Global Solutions Assistant Manager Salary 5 - 14 years exp. (115 salaries)	₹7.6 L/yr - ₹15 L/yr 56% more
National Stock Exchange of India Assistant Manager Salary 0 - 7 years exp. (112 salaries)	₹3.3 L/yr - ₹10.4 L/yr 19% less
Sun Life Financial Assistant Manager Salary 9 - 14 years exp. (57 salaries)	₹8.6 L/yr - ₹22.2 L/yr 97% more
Invesco Assistant Manager Salary 9 - 15 years exp. (49 salaries)	₹11.5 L/yr - ₹26 L/yr 142% more	1 job opening
Groww Assistant Manager Salary 2 - 8 years exp. (39 salaries)	₹5.8 L/yr - ₹16.8 L/yr 20% 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 - ₹13.9 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 - ₹14.1 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 - ₹14.4 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

Customer Service Officer Salary

(3 salaries)

₹2.5 L/yr - ₹4.8 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.

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.

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.

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.

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.

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.

Dislikes

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

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.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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 7% 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 7% 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
Mashreq Global Services Assistant Manager Salary - ₹9.0 Lakhs to ₹35.0 Lakhs per year
Invesco Assistant Manager Salary - ₹11.5 Lakhs to ₹26.0 Lakhs per year
TIAA Global Business Services Assistant Manager Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year
Morningstar Assistant Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year

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

FactSet Assistant Manager Salary - ₹11.0 Lakhs to ₹22.0 Lakhs per year
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 - ₹7.7 Lakhs to ₹24.0 Lakhs per year
Franklin Templeton Investments Assistant Manager Salary - ₹5.2 Lakhs to ₹22.8 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 ₹57,856 per month to ₹59,313 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.