IDFC Mutual Fund Mumbai Assistant Manager Salaries by 5 Employees

2 - 7 years exp.

₹5 Lakhs - ₹9.5 Lakhs

Salary of majority employees

At par with the average Assistant Manager Salary in Financial Services Companies for 2 - 7 years of experience

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Salaries in different departments

Human Resources Assistant Manager Salary 6 - 7 years exp. (3 salaries)	₹5 L/yr - ₹9.5 L/yr
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Finance & Accounting Assistant Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹9.3 L/yr

Last Updated: 28 Jul 2023

Companies similar to IDFC Mutual Fund for Assistant Manager in Mumbai

IDFC Mutual Fund Assistant Manager Salary

2 - 7 years exp. (5 salaries)

₹5 L/yr - ₹9.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Assistant Manager Salary 0 - 7 years exp. (982 salaries)	₹1.5 L/yr - ₹5 L/yr 58% less	2 job openings
Axis Direct Assistant Manager Salary 0 - 15 years exp. (97 salaries)	₹2.3 L/yr - ₹8 L/yr 29% less
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National Stock Exchange of India Assistant Manager Salary 0 - 7 years exp. (74 salaries)	₹4 L/yr - ₹8.5 L/yr 24% less
CSC Assistant Manager Salary 6 - 14 years exp. (69 salaries)	₹8.8 L/yr - ₹18 L/yr 66% more	5 job openings
Anand Rathi: Online Stock Trading & Advisory Assistant Manager Salary 0 - 10 years exp. (44 salaries)	₹3 L/yr - ₹5.5 L/yr 46% less	2 job openings
Ocwen Financial Solutions Assistant Manager Salary 7 - 17 years exp. (41 salaries)	₹9 L/yr - ₹24 L/yr 80% more
Pine Labs Assistant Manager Salary 4 - 12 years exp. (32 salaries)	₹3.4 L/yr - ₹9 L/yr 13% less
SBI Mutual Fund Assistant Manager Salary 0 - 6 years exp. (28 salaries)	₹4.8 L/yr - ₹8 L/yr 26% less	1 job opening
Vastu Housing Finance Assistant Manager Salary 0 - 9 years exp. (21 salaries)	₹2.5 L/yr - ₹7 L/yr 47% less
Aadhar Housing Finance Assistant Manager Salary 1 - 11 years exp. (19 salaries)	₹4.3 L/yr - ₹8 L/yr 33% less
Morningstar Assistant Manager Salary 4 - 16 years exp. (17 salaries)	₹8 L/yr - ₹27 L/yr 105% more
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SBI Cards & Payment Services Assistant Manager Salary 3 - 13 years exp. (17 salaries)	₹3.3 L/yr - ₹9.8 L/yr 11% less	14 job openings
Groww Assistant Manager Salary 2 - 8 years exp. (17 salaries)	₹6 L/yr - ₹12 L/yr 13% less
Franklin Templeton Investments Assistant Manager Salary 6 - 14 years exp. (9 salaries)	₹6.5 L/yr - ₹20.8 L/yr 67% more
Mashreq Global Services Assistant Manager Salary 9 - 14 years exp. (4 salaries)	₹14.7 L/yr - ₹30 L/yr 175% more
Upstox Assistant Manager Salary 6 - 18 years exp. (4 salaries)	₹11 L/yr - ₹26 L/yr 81% more

Assistant Manager salary at IDFC Mutual Fund ranges between ₹5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of IDFC Mutual Fund.

Experience wise IDFC Mutual Fund Assistant Manager salaries in Mumbai

Last Updated: 28 Jul 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
3 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
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4 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
5 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
6 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
7 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr

View all

Similar Designation salaries in IDFC Mutual Fund

Operations Executive Salary

(4 salaries)

₹3.35 L/yr - ₹5.4 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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IDFC Mutual Fund Assistant Manager Salary FAQs

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

The average salary of a Assistant Manager at IDFC Mutual Fund in Mumbai typically ranges from ₹5.0 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Assistant Manager in Mumbai at IDFC Mutual Fund earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Assistant Manager Salaries at IDFC 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 5 IDFC Mutual Fund employees in India.

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

The estimated take-home salary of a Assistant Manager at IDFC Mutual Fund in Mumbai typically ranges from ₹60,248 to ₹61,772 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 2 years to 7 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 5 salaries received from various employees of IDFC Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IDFC Mutual Fund for Assistant Manager in India?

Mashreq Global Services	₹14.7 Lakhs to ₹30.0 Lakhs per year
Morningstar	₹8.0 Lakhs to ₹27.0 Lakhs per year
Upstox	₹11.0 Lakhs to ₹26.0 Lakhs per year
Ocwen Financial Solutions	₹9.0 Lakhs to ₹24.0 Lakhs per year
Franklin Templeton Investments	₹6.5 Lakhs to ₹20.8 Lakhs per year

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

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

The salary of a Assistant Manager at companies similar to IDFC Mutual Fund in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CSC	₹8.8 Lakhs to ₹18.0 Lakhs per year
SBI Cards & Payment Services	₹3.3 Lakhs to ₹9.8 Lakhs per year
Groww	₹6.0 Lakhs to ₹12.0 Lakhs per year
Pine Labs	₹3.4 Lakhs to ₹9.0 Lakhs per year
National Stock Exchange of India	₹4.0 Lakhs to ₹8.5 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 Assistant Manager at IDFC Mutual Fund in Mumbai?

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

Experience	Average Salary Range
2 years	₹7.5 Lakhs to ₹9.6 Lakhs per year
3 years	₹7.4 Lakhs to ₹9.5 Lakhs per year
4 years	₹7.4 Lakhs to ₹9.5 Lakhs per year
5 years	₹7.4 Lakhs to ₹9.4 Lakhs per year

and so on.

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IDFC Mutual Fund Assistant Manager Salaries in Mumbai

IDFC Mutual Fund Assistant Manager salary in Mumbai ranges between ₹5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IDFC Mutual Fund latest salaries received from various employees of IDFC Mutual Fund.