IDFC Mutual Fund Mumbai Manager Salaries by 20+ Employees (Updated 2025)

2 - 9 years exp.

₹6.5 Lakhs - ₹10 Lakhs

Salary of majority employees

49% less than the average Manager Salary in Financial Services Companies for 2 - 9 years of experience

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Salaries in different departments

Marketing & Communication Manager Salary 2 - 4 years exp. (5 salaries)	₹6.5 L/yr - ₹8.1 L/yr
Finance & Accounting Manager Salary 2 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹8.3 L/yr
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Sales & Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹7.2 L/yr - ₹10 L/yr
BFSI, Investments & Trading Manager Salary 4 - 7 years exp. (3 salaries)	₹8.6 L/yr - ₹9.1 L/yr
Consulting Manager Salary 4 - 6 years exp. (3 salaries)	₹8 L/yr - ₹9 L/yr

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Last Updated: 25 Mar 2024

Companies similar to IDFC Mutual Fund for Manager in Mumbai

IDFC Mutual Fund Manager Salary

2 - 9 years exp. (21 salaries)

₹6.5 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI Mutual Fund Manager Salary 4 - 14 years exp. (22 salaries)	₹6.3 L/yr - ₹18 L/yr 49% more
ICICI Prudential Mutual Fund Manager Salary 2 - 14 years exp. (67 salaries)	₹6.5 L/yr - ₹27.2 L/yr 85% more
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Birla Sun Life Mutual Fund Manager Salary 5 - 16 years exp. (7 salaries)	₹7 L/yr - ₹12 L/yr 21% more
Nippon Life India Asset Management Manager Salary 5 - 12 years exp. (19 salaries)	₹6.8 L/yr - ₹17.5 L/yr 52% more
Axis Mutual Fund Manager Salary 1 - 14 years exp. (24 salaries)	₹6 L/yr - ₹21.5 L/yr 73% more
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹13 L/yr 1% more
UTI Mutual Fund Manager Salary 3 - 7 years exp. (12 salaries)	₹4.8 L/yr - ₹9.4 L/yr 15% less
Franklin Templeton Investments Manager Salary 8 - 12 years exp. (6 salaries)	₹11.8 L/yr - ₹24 L/yr 160% more
DSP Mutual Fund Manager Salary 4 - 14 years exp. (10 salaries)	₹12 L/yr - ₹18 L/yr 96% more
National Stock Exchange of India Manager Salary 2 - 14 years exp. (264 salaries)	₹8 L/yr - ₹24.4 L/yr 84% more
Kotak Securities Manager Salary 0 - 16 years exp. (235 salaries)	₹3.3 L/yr - ₹12.9 L/yr 3% less
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ICICI Home Finance Manager Salary 1 - 12 years exp. (96 salaries)	₹4.8 L/yr - ₹18 L/yr 24% more
CSC Global Manager Salary 5 - 16 years exp. (55 salaries)	₹9.8 L/yr - ₹31.5 L/yr 132% more
Axis Direct Manager Salary 4 - 16 years exp. (45 salaries)	₹5 L/yr - ₹15.6 L/yr 40% more
SBI Cards & Payment Services Manager Salary 5 - 17 years exp. (27 salaries)	₹7.5 L/yr - ₹16 L/yr 60% more	1 job opening
Pine Labs Manager Salary 5 - 13 years exp. (24 salaries)	₹8.3 L/yr - ₹21 L/yr 84% more
Morningstar Manager Salary 9 - 18 years exp. (20 salaries)	₹15.4 L/yr - ₹30 L/yr 198% more
Ocwen Financial Solutions Manager Salary 11 - 18 years exp. (16 salaries)	₹15.4 L/yr - ₹41 L/yr 224% more	1 job opening
Macquarie Group Manager Salary 8 - 14 years exp. (10 salaries)	₹25 L/yr - ₹33.5 L/yr 253% more
Synchrony Manager Salary 2 - 8 years exp. (9 salaries)	₹9.3 L/yr - ₹24 L/yr 96% more

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Manager salary at IDFC Mutual Fund ranges between ₹6.5 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 21 latest salaries received from various employees of IDFC Mutual Fund.

Experience wise IDFC Mutual Fund Manager salaries in Mumbai

Last Updated: 25 Mar 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹6.5 L/yr - ₹8.5 L/yr
3 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹14.9 L/yr
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4 years (5 salaries)	₹6.5 L/yr - ₹10 L/yr
5 years (AmbitionBox Estimate)	₹8 L/yr - ₹10 L/yr
6 years (3 salaries)	₹7.2 L/yr - ₹9.1 L/yr
7 years (4 salaries)	₹6.5 L/yr - ₹9.1 L/yr
8 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
9 years (AmbitionBox Estimate)	₹8 L/yr - ₹9.3 L/yr

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Similar Designation salaries in IDFC Mutual Fund

Management Trainee Salary

(3 salaries)

₹5.5 L/yr - ₹5.9 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

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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IDFC Mutual Fund Manager Salary FAQs

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

Manager salary at IDFC Mutual Fund in Mumbai ranges between ₹6.5 Lakhs to ₹10.0 Lakhs for experience between 2 years to 9 years. According to our estimates it is 49% less than the average Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of IDFC Mutual Fund Mumbai.

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

The average salary of a Manager at IDFC Mutual Fund is 49% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

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

Macquarie Group Manager Salary - ₹25.0 Lakhs to ₹33.5 Lakhs per year
Ocwen Financial Solutions Manager Salary - ₹15.4 Lakhs to ₹41.0 Lakhs per year
TIAA Global Business Services Manager Salary - ₹25.0 Lakhs to ₹26.5 Lakhs per year
Morningstar Manager Salary - ₹15.4 Lakhs to ₹30.0 Lakhs per year
Franklin Templeton Investments Manager Salary - ₹11.8 Lakhs to ₹24.0 Lakhs per year

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

CSC Global Manager Salary - ₹9.8 Lakhs to ₹31.5 Lakhs per year
DSP Mutual Fund Manager Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
Synchrony Manager Salary - ₹9.3 Lakhs to ₹24.0 Lakhs per year
ICICI Prudential Mutual Fund Manager Salary - ₹6.5 Lakhs to ₹27.2 Lakhs per year
National Stock Exchange of India Manager Salary - ₹8.0 Lakhs to ₹24.4 Lakhs per year

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

The estimated take-home salary of a Manager at IDFC Mutual Fund ranges between ₹61,484 per month to ₹63,043 per month in Mumbai. The take-home salary calculation is based on the average IDFC Mutual Fund Manager salary in India which ranges between ₹6.5 Lakhs to ₹10.0 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the IDFC Mutual Fund Managers in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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IDFC Mutual Fund Manager Salaries in Mumbai

IDFC Mutual Fund Manager salary in Mumbai ranges between ₹6.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 IDFC Mutual Fund latest salaries received from various employees of IDFC Mutual Fund.