IDFC Mutual Fund Associate Vice President Salaries by 9 Employees

9 - 15 years exp.

₹12.3 Lakhs - ₹19.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

51% less than the average Associate Vice President Salary in Financial Services Companies for 9 - 15 years of experience

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Salaries in different departments

Sales & Business Development Associate Vice President Salary 9 - 15 years exp. (5 salaries)	₹12.3 L/yr - ₹19.3 L/yr
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BFSI, Investments & Trading Associate Vice President Salary 11 - 12 years exp. (3 salaries)	₹15.7 L/yr - ₹18 L/yr

Last Updated: 17 Mar 2023

Companies similar to IDFC Mutual Fund for Associate Vice President

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Associate Vice President Salary 6 - 17 years exp. (214 salaries)	₹10.8 L/yr - ₹40 L/yr 52% more
Synchrony Associate Vice President Salary 7 - 16 years exp. (48 salaries)	₹19.2 L/yr - ₹42 L/yr 110% more
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National Stock Exchange of India Associate Vice President Salary 13 - 22 years exp. (38 salaries)	₹38 L/yr - ₹84.3 L/yr 272% more
Pine Labs Associate Vice President Salary 9 - 19 years exp. (37 salaries)	₹25.5 L/yr - ₹78 L/yr 199% more
Macquarie Group Associate Vice President Salary 11 - 15 years exp. (35 salaries)	₹26 L/yr - ₹50 L/yr 137% more
CSC Associate Vice President Salary 12 - 19 years exp. (18 salaries)	₹17 L/yr - ₹38 L/yr 78% more
SBI Cards & Payment Services Associate Vice President Salary 11 - 21 years exp. (17 salaries)	₹18 L/yr - ₹37 L/yr 81% more
Kroll Associate Vice President Salary 5 - 10 years exp. (8 salaries)	₹24 L/yr - ₹37.2 L/yr 98% more	3 job openings
Franklin Templeton Investments Associate Vice President Salary 17 - 20 years exp. (7 salaries)	₹35 L/yr - ₹45 L/yr 168% more
ICICI Home Finance Associate Vice President Salary 0 - 14 years exp. (7 salaries)	₹20 L/yr - ₹41 L/yr 112% more	1 job opening
Mashreq Global Services Associate Vice President Salary 7 - 18 years exp. (6 salaries)	₹31 L/yr - ₹40 L/yr 142% more
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Anand Rathi: Online Stock Trading & Advisory Associate Vice President Salary 16 - 19 years exp. (6 salaries)	₹10 L/yr - ₹15 L/yr 28% less
TIAA Global Business Services Associate Vice President Salary 10 - 16 years exp. (5 salaries)	₹29 L/yr - ₹43.7 L/yr 130% more
TresVista Associate Vice President Salary 6 - 13 years exp. (5 salaries)	₹24.5 L/yr - ₹36 L/yr 100% more
Morningstar Associate Vice President Salary 12 - 14 years exp. (3 salaries)	₹26 L/yr - ₹30 L/yr 72% more
Aadhar Housing Finance Associate Vice President Salary 1 - 15 years exp. (3 salaries)	₹22 L/yr - ₹1 Cr/yr 219% more
Axis Direct Associate Vice President Salary 12 - 16 years exp. (3 salaries)	₹18 L/yr - ₹24 L/yr 28% more

Associate Vice President salary at IDFC Mutual Fund ranges between ₹12.3 Lakhs to ₹19.3 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 9 latest salaries received from various employees of IDFC Mutual Fund.

Experience wise IDFC Mutual Fund Associate Vice President salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹27.4 L/yr
10 years (AmbitionBox Estimate)	₹15 L/yr - ₹27.8 L/yr
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11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹18 L/yr
12 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹18 L/yr
13 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹16.9 L/yr
14 years (AmbitionBox Estimate)	₹15 L/yr - ₹17.8 L/yr
15+ years (AmbitionBox Estimate)	₹6.6 L/yr - ₹19.3 L/yr

View all

Similar Designation salaries in IDFC Mutual Fund

Senior Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for IDFC Mutual Fund

4.0

Rated by 1 employees for salary & benefits

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

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.

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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Salary Discussions, Hike & Promotions

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 Associate Vice President Salary FAQs

What is the salary of Associate Vice President at IDFC Mutual Fund ?

The average salary of a Associate Vice President at IDFC Mutual Fund in India typically ranges from ₹12.3 Lakhs to ₹19.3 Lakhs per year, depending on experience (from 9 years to 15 years).

The top 10% of Associate Vice President at IDFC Mutual Fund earn more than ₹18.8 Lakhs per year, and the top 1% earn over ₹19.3 Lakhs per year. Associate Vice President 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 9 IDFC Mutual Fund employees in India.

What is the estimated take home salary of a Associate Vice President at IDFC Mutual Fund in India?

The estimated take-home salary of a Associate Vice President at IDFC Mutual Fund in India typically ranges from ₹1,08,887 to ₹1,11,895 per month. This is based on the average salary range of ₹12.3 Lakhs to ₹19.3 Lakhs per year for employees with experience ranging from 9 years to 15 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 9 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 Associate Vice President in India?

National Stock Exchange of India	₹38.0 Lakhs to ₹84.3 Lakhs per year
Aadhar Housing Finance	₹22.0 Lakhs to ₹100.0 Lakhs per year
Pine Labs	₹25.5 Lakhs to ₹78.0 Lakhs per year
Franklin Templeton Investments	₹35.0 Lakhs to ₹45.0 Lakhs per year
Mashreq Global Services	₹31.0 Lakhs to ₹40.0 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 Associate Vice President in companies similar to IDFC Mutual Fund in India?

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

Macquarie Group	₹26.0 Lakhs to ₹50.0 Lakhs per year
TIAA Global Business Services	₹29.0 Lakhs to ₹43.7 Lakhs per year
ICICI Home Finance	₹20.0 Lakhs to ₹41.0 Lakhs per year
Synchrony	₹19.2 Lakhs to ₹42.0 Lakhs per year
TresVista	₹24.5 Lakhs to ₹36.0 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 Associate Vice President at IDFC Mutual Fund in India?

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

Experience	Average Salary Range
9 years	₹12.3 Lakhs to ₹27.4 Lakhs per year
10 years	₹15.0 Lakhs to ₹27.8 Lakhs per year
11 years	₹6.3 Lakhs to ₹18.0 Lakhs per year
12 years	₹15.7 Lakhs to ₹18.0 Lakhs per year

and so on.

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IDFC Mutual Fund Associate Vice President Salaries

IDFC Mutual Fund Associate Vice President salary in India ranges between ₹12.3 Lakhs to ₹19.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 IDFC Mutual Fund latest salaries received from various employees of IDFC Mutual Fund.