IDFC Mutual Fund Mumbai Associate Salaries by 10+ Employees

3 - 9 years exp.

₹3 Lakhs - ₹4 Lakhs

Salary of majority employees

56% less than the average Associate Salary in Financial Services Companies for 3 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Associate Salary 3 - 9 years exp. (6 salaries)	₹3 L/yr - ₹3.9 L/yr
Finance & Accounting Associate Salary 3 - 9 years exp. (5 salaries)	₹3.1 L/yr - ₹4 L/yr
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Customer Success, Service & Operations Associate Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4 L/yr

Last Updated: 25 Jul 2024

Companies similar to IDFC Mutual Fund for Associate in Mumbai

IDFC Mutual Fund Associate Salary

3 - 9 years exp. (18 salaries)

₹3 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
TIAA Global Business Services Associate Salary 5 - 11 years exp. (148 salaries)	₹9.4 L/yr - ₹30 L/yr 508% more	1 job opening
TresVista Associate Salary 1 - 6 years exp. (85 salaries)	₹9 L/yr - ₹26 L/yr 402% more	3 job openings
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CSC Associate Salary 1 - 5 years exp. (38 salaries)	₹3 L/yr - ₹8.3 L/yr 66% more
ICICI Home Finance Associate Salary 1 - 8 years exp. (38 salaries)	₹1.8 L/yr - ₹5.5 L/yr At par
Ocwen Financial Solutions Associate Salary 1 - 6 years exp. (38 salaries)	₹1.9 L/yr - ₹5 L/yr 14% more
Morningstar Associate Salary 0 - 2 years exp. (14 salaries)	₹3.6 L/yr - ₹6 L/yr 36% more	2 job openings
National Stock Exchange of India Associate Salary 1 - 6 years exp. (12 salaries)	₹2 L/yr - ₹5 L/yr 11% more
Kroll Associate Salary 1 - 5 years exp. (9 salaries)	₹6.5 L/yr - ₹12 L/yr 198% more
Kotak Securities Associate Salary 0 - 4 years exp. (9 salaries)	₹1.4 L/yr - ₹3.5 L/yr 22% less
SBI Mutual Fund Associate Salary 2 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 14% less

Associate salary at IDFC Mutual Fund ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 18 latest salaries received from various employees of IDFC Mutual Fund.

Experience wise IDFC Mutual Fund Associate salaries in Mumbai

Last Updated: 25 Jul 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.7 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.9 L/yr
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5 years (3 salaries)	₹3.1 L/yr - ₹6.2 L/yr
6 years (3 salaries)	₹3 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.9 L/yr
8 years (4 salaries)	₹3.8 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.2 L/yr

View all

Similar Designation salaries in IDFC Mutual Fund

Senior Vice President Salary

(4 salaries)

₹35.69 L/yr - ₹45 L/yr

Operations Executive Salary

(4 salaries)

₹3.35 L/yr - ₹5.4 L/yr

Operations Associate Salary

(3 salaries)

₹3.2 L/yr - ₹4 L/yr

Management Trainee Salary

(3 salaries)

₹5.5 L/yr - ₹5.9 L/yr

Salary related reviews for IDFC Mutual Fund

5.0

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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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 Associate Salary FAQs

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

The average salary of a Associate at IDFC Mutual Fund in Mumbai typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Associate in Mumbai at IDFC Mutual Fund earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Associate 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 10+ IDFC Mutual Fund employees in India.

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

The estimated take-home salary of a Associate at IDFC Mutual Fund in Mumbai typically ranges from ₹25,462 to ₹26,894 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 3 years to 9 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 10+ 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 in India?

TIAA Global Business Services	₹9.4 Lakhs to ₹30.0 Lakhs per year
TresVista	₹9.0 Lakhs to ₹26.0 Lakhs per year
Kroll	₹6.5 Lakhs to ₹12.0 Lakhs per year
CSC	₹3.0 Lakhs to ₹8.3 Lakhs per year
Morningstar	₹3.6 Lakhs to ₹6.0 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 in companies similar to IDFC Mutual Fund in Mumbai?

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

Ocwen Financial Solutions	₹1.9 Lakhs to ₹5.0 Lakhs per year
National Stock Exchange of India	₹2.0 Lakhs to ₹5.0 Lakhs per year
ICICI Home Finance	₹1.8 Lakhs to ₹5.5 Lakhs per year
SBI Mutual Fund	₹2.2 Lakhs to ₹3.5 Lakhs per year
Kotak Securities	₹1.4 Lakhs to ₹3.5 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 Associate at IDFC Mutual Fund in Mumbai?

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

Experience	Average Salary Range
3 years	₹3.1 Lakhs to ₹5.7 Lakhs per year
4 years	₹3.0 Lakhs to ₹5.9 Lakhs per year
5 years	₹3.1 Lakhs to ₹6.2 Lakhs per year
6 years	₹3.0 Lakhs to ₹4.0 Lakhs per year

and so on.

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IDFC Mutual Fund Associate Salaries in Mumbai

IDFC Mutual Fund Associate salary in Mumbai ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 IDFC Mutual Fund latest salaries received from various employees of IDFC Mutual Fund.