IDFC Mutual Fund Bangalore / Bengaluru Salaries by 7 Employees

Designation	Avg Annual Salary	Open Jobs
Associate Vice President 9 - 14 years exp. · Bangalore / Bengaluru (3 salaries)	₹12.3 L/yr - ₹15 L/yr
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Operations Associate 4 - 5 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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AVP 9 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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MIS Associate 6 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
Starting your career? Discover IDFC Mutual Fund fresher salaries in India

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Salary related reviews for IDFC Mutual Fund

3.1

Rated by 3 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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Know more about IDFC Mutual Fund Bangalore / Bengaluru

IDFC Mutual Fund Salary FAQs

How much does IDFC Mutual Fund pay to its employees?

The average annual salary at IDFC Mutual Fund varies depending on the role, experience, and location. The salary ranges for some popular designations at IDFC Mutual Fund, are as follows:

Associate Vice President	₹12.3 Lakhs to ₹15 Lakhs per year
Operations Associate	₹4.1 Lakhs to ₹5.2 Lakhs per year
AVP	₹18.9 Lakhs to ₹24.2 Lakhs per year
MIS Associate	₹3.4 Lakhs to ₹4.4 Lakhs per year

The highest-paying role, Senior Vice President, earns between ₹34 Lakhs to ₹45 Lakhs per year. The top 10% of employees earn more than ₹18 Lakhs per year, and the top 1% earn over ₹44.5 Lakhs per year. 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 salary estimates are based on data from 7 salaries submitted by IDFC Mutual Fund employees. IDFC Mutual Fund is rated 3.1 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in IDFC Mutual Fund , Bangalore / Bengaluru is INR . Salary estimates are based on 7 IDFC Mutual Fund latest salaries received from various employees of IDFC Mutual Fund.