IDFC Mutual Fund Indore Assistant Manager Salaries by 2 Employees

5 - 6 years exp.

₹8.6 Lakhs - ₹11 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 6 Jan 2024

Companies similar to IDFC Mutual Fund for Assistant Manager in Indore

IDFC Mutual Fund Assistant Manager Salary

5 - 6 years exp. (AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Direct Assistant Manager Salary 7 - 12 years exp. (4 salaries)	₹5.5 L/yr - ₹6.8 L/yr 36% less
Anand Rathi: Online Stock Trading & Advisory Assistant Manager Salary 1 - 5 years exp. (3 salaries)	₹4.4 L/yr - ₹5 L/yr 54% less	2 job openings
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VE Commercial Vehicles Assistant Manager Salary 0 - 15 years exp. (614 salaries)	₹3.8 L/yr - ₹10.9 L/yr 25% less
Cipla Assistant Manager Salary 1 - 17 years exp. (451 salaries)	₹3.2 L/yr - ₹13 L/yr 16% less
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (399 salaries)	₹1.9 L/yr - ₹5.3 L/yr 58% less

Assistant Manager salary at IDFC Mutual Fund ranges between ₹8.6 Lakhs to ₹11 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of IDFC Mutual Fund.

Salary related reviews for IDFC Mutual Fund

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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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IDFC Mutual Fund Assistant Manager Salary FAQs

How the salary growth look like for a Assistant Manager at IDFC Mutual Fund in Indore?

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

Experience	Average Salary Range
5 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
6 years	₹8.6 Lakhs to ₹11.0 Lakhs per year

and so on.

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IDFC Mutual Fund Assistant Manager Salaries in Indore

IDFC Mutual Fund Assistant Manager salary in Indore ranges between ₹8.6 Lakhs to ₹11 Lakhs. This is an estimate based on latest salaries received from employees of IDFC Mutual Fund.