IDFC Mutual Fund AVP Salaries by 3 Employees (Updated 2024)

9 - 12 years exp.

₹15 Lakhs - ₹21 Lakhs

Low Confidence

Salary of majority employees

43% less than the average AVP Salary in Financial Services Companies for 9 - 12 years of experience

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Last Updated: 17 Mar 2023

Companies similar to IDFC Mutual Fund for AVP

Company name	Avg Annual Salary	Open Jobs
SBI Mutual Fund AVP Salary 14 - 19 years exp. (5 salaries)	₹27 L/yr - ₹43 L/yr 92% more
ICICI Prudential Mutual Fund AVP Salary 8 - 18 years exp. (5 salaries)	₹21 L/yr - ₹32 L/yr 43% more
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Nippon Life India Asset Management AVP Salary 5 - 25 years exp. (4 salaries)	₹24 L/yr - ₹42.5 L/yr 97% more
Kotak Mahindra Bank AVP Salary 8 - 18 years exp. (155 salaries)	₹12 L/yr - ₹33 L/yr 17% more
UTI Mutual Fund AVP Salary 10 - 15 years exp. (3 salaries)	₹10 L/yr - ₹12 L/yr 37% less
Franklin Templeton Investments AVP Salary 12 - 20 years exp. (8 salaries)	₹25 L/yr - ₹75 L/yr 153% more
Synchrony AVP Salary 6 - 15 years exp. (41 salaries)	₹19 L/yr - ₹39.9 L/yr 76% more
Macquarie Group AVP Salary 10 - 17 years exp. (38 salaries)	₹27 L/yr - ₹44.5 L/yr 119% more
SBI Cards & Payment Services AVP Salary 6 - 17 years exp. (32 salaries)	₹16 L/yr - ₹30 L/yr 34% more
Kotak Securities AVP Salary 7 - 16 years exp. (19 salaries)	₹8.6 L/yr - ₹27.5 L/yr 2% more
CSC Global AVP Salary 8 - 17 years exp. (19 salaries)	₹20 L/yr - ₹33 L/yr 63% more
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TresVista AVP Salary 7 - 17 years exp. (10 salaries)	₹16 L/yr - ₹50 L/yr 96% more
National Stock Exchange of India AVP Salary 17 - 21 years exp. (9 salaries)	₹68 L/yr - ₹95 L/yr 350% more
Axis Direct AVP Salary 16 - 20 years exp. (6 salaries)	₹19.8 L/yr - ₹27.6 L/yr 36% more
Pine Labs AVP Salary 10 - 17 years exp. (5 salaries)	₹18 L/yr - ₹65.8 L/yr 140% more
TIAA Global Business Services AVP Salary 10 - 16 years exp. (3 salaries)	₹26 L/yr - ₹50 L/yr 106% more

AVP salary at IDFC Mutual Fund ranges between ₹15 Lakhs to ₹21 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of IDFC Mutual Fund.

Experience wise IDFC Mutual Fund AVP salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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12 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.8 L/yr

Similar Designation salaries in IDFC Mutual Fund

Customer Service Executive Salary

(14 salaries)

₹2.4 L/yr - ₹4.15 L/yr

Associate Vice President Salary

(9 salaries)

₹12.25 L/yr - ₹19.3 L/yr

Operations Executive Salary

(8 salaries)

₹2.5 L/yr - ₹5.4 L/yr

Senior Vice President Salary

(7 salaries)

₹34 L/yr - ₹45 L/yr

Process Associate Salary

(5 salaries)

₹2.25 L/yr - ₹3 L/yr

Sales Executive Salary

(5 salaries)

₹2.15 L/yr - ₹3 L/yr

Operations Associate Salary

(5 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Management Trainee Salary

(5 salaries)

₹5.5 L/yr - ₹6.25 L/yr

Senior Executive Operations Salary

(4 salaries)

₹3.8 L/yr - ₹6 L/yr

Back Office Executive Salary

(4 salaries)

₹2.5 L/yr - ₹5 L/yr

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.

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.

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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 AVP Salaries

IDFC Mutual Fund AVP salary in India ranges between ₹15 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IDFC Mutual Fund latest salaries received from various employees of IDFC Mutual Fund.

IDFC Mutual Fund AVP salaries in India

Companies similar to IDFC Mutual Fund for AVP

Latest annual salaries shared by IDFC Mutual Fund AVP

Experience wise IDFC Mutual Fund AVP salaries

Similar Designation salaries in IDFC Mutual Fund

Salary related reviews for IDFC Mutual Fund

Operations Executive in Mumbai

Manager in Lucknow

Assistant Vice President

VRM in Thane

Operations Executive in Patna

Tell us how to improve this page.