IDFC Mutual Fund Indore Manager Salaries by 5 Employees (Updated 2025)

3 - 7 years exp.

₹9.5 Lakhs - ₹10.2 Lakhs

Salary of majority employees

19% less than the average Manager Salary in Financial Services Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 5 - 7 years exp. (3 salaries)	₹9.5 L/yr - ₹10.3 L/yr
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Sales & Business Development Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹10.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to IDFC Mutual Fund for Manager in Indore

IDFC Mutual Fund Manager Salary

3 - 7 years exp. (5 salaries)

₹9.5 L/yr - ₹10.2 L/yr

Company name	Avg Annual Salary	Open Jobs
VE Commercial Vehicles Manager Salary 9 - 20 years exp. (157 salaries)	₹11.5 L/yr - ₹28 L/yr 94% more
ICICI Bank Manager Salary 0 - 16 years exp. (86 salaries)	₹5.2 L/yr - ₹20 L/yr 14% more	2 job openings
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Cipla Manager Salary 8 - 19 years exp. (78 salaries)	₹8.5 L/yr - ₹24 L/yr 59% more
Lupin Manager Salary 10 - 17 years exp. (44 salaries)	₹10 L/yr - ₹26.5 L/yr 67% more	3 job openings
IDFC FIRST Bank Manager Salary 2 - 13 years exp. (37 salaries)	₹4.4 L/yr - ₹11 L/yr 20% less

Manager salary at IDFC Mutual Fund ranges between ₹9.5 Lakhs to ₹10.2 Lakhs per year for employees with experience between 3 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 Manager salaries in Indore

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.6 L/yr
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.2 L/yr
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5 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.7 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.9 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.9 L/yr

Salary related reviews for IDFC Mutual Fund

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.

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.

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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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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IDFC Mutual Fund Manager Salary FAQs

What is the salary of Manager at IDFC Mutual Fund Indore?

Manager salary at IDFC Mutual Fund in Indore ranges between ₹9.5 Lakhs to ₹10.2 Lakhs for experience between 3 years to 7 years. According to our estimates it is 19% less than the average Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IDFC Mutual Fund Indore.

How does the salary of a Manager at IDFC Mutual Fund Indore compare with the average salary range for this job?

The average salary of a Manager at IDFC Mutual Fund is 19% less than the average salary of a Manager in Indore. To know exact salary insights, login to view.

Which similar companies are paying more than IDFC Mutual Fund to a Manager in Indore?

VE Commercial Vehicles Manager Salary - ₹11.5 Lakhs to ₹28.0 Lakhs per year
Lupin Manager Salary - ₹10.0 Lakhs to ₹26.5 Lakhs per year
Cipla Manager Salary - ₹8.5 Lakhs to ₹24.0 Lakhs per year
ICICI Bank Manager Salary - ₹5.2 Lakhs to ₹20.0 Lakhs per year

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

IDFC FIRST Bank Manager Salary - ₹4.4 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Manager at IDFC Mutual Fund ranges between ₹71,285 per month to ₹73,121 per month in Indore. The take-home salary calculation is based on the average IDFC Mutual Fund Manager salary in India which ranges between ₹9.5 Lakhs to ₹10.2 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Manager at IDFC Mutual Fund in Indore?

According to AmbitionBox, 100% of the IDFC Mutual Fund Managers in Indore reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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IDFC Mutual Fund Manager Salaries in Indore

IDFC Mutual Fund Manager salary in Indore ranges between ₹9.5 Lakhs to ₹10.2 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.