IDFC Mutual Fund Manager Salaries by 5 Employees (Updated 2024)

2 - 7 years exp.

₹6.5 Lakhs - ₹8.7 Lakhs

Low Confidence

Salary of majority employees

48% less than the average Manager Salary in Financial Services Companies for 2 - 7 years of experience

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Last Updated: 6 Jun 2023

Companies similar to IDFC Mutual Fund for Manager in Finance & Accounting department

Company name	Avg Annual Salary	Open Jobs
SBI Mutual Fund Manager Salary 5 - 10 years exp. (3 salaries)	₹7.5 L/yr - ₹16.5 L/yr 34% more	1 job opening
ICICI Prudential Mutual Fund Manager Salary 4 - 14 years exp. (24 salaries)	₹8 L/yr - ₹22.4 L/yr 57% more
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Axis Mutual Fund Manager Salary 1 - 12 years exp. (10 salaries)	₹10 L/yr - ₹21.5 L/yr 76% more
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (584 salaries)	₹4 L/yr - ₹14.4 L/yr 3% less
UTI Mutual Fund Manager Salary 4 - 7 years exp. (5 salaries)	₹5.5 L/yr - ₹9.6 L/yr 15% less
Franklin Templeton Investments Manager Salary 9 - 17 years exp. (15 salaries)	₹11.8 L/yr - ₹32.2 L/yr 159% more	1 job opening
DSP Mutual Fund Manager Salary 4 - 10 years exp. (7 salaries)	₹12.4 L/yr - ₹17.5 L/yr 98% more
Macquarie Group Manager Salary 7 - 14 years exp. (169 salaries)	₹15 L/yr - ₹36 L/yr 242% more
National Stock Exchange of India Manager Salary 2 - 12 years exp. (93 salaries)	₹9.3 L/yr - ₹26.2 L/yr 81% more
Kotak Securities Manager Salary 0 - 15 years exp. (72 salaries)	₹3.4 L/yr - ₹13.1 L/yr 13% less
CSC Global Manager Salary 4 - 16 years exp. (65 salaries)	₹9.8 L/yr - ₹25.5 L/yr 121% more	1 job opening
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Synchrony Manager Salary 4 - 11 years exp. (28 salaries)	₹6.8 L/yr - ₹20 L/yr 83% more	1 job opening
ICICI Home Finance Manager Salary 1 - 8 years exp. (26 salaries)	₹6 L/yr - ₹18 L/yr 27% more
Ocwen Financial Solutions Manager Salary 9 - 15 years exp. (19 salaries)	₹15.7 L/yr - ₹34 L/yr 203% more
SBI Cards & Payment Services Manager Salary 5 - 17 years exp. (17 salaries)	₹9.6 L/yr - ₹15 L/yr 52% more	1 job opening
Consero Global Solutions Manager Salary 11 - 18 years exp. (12 salaries)	₹14 L/yr - ₹20 L/yr 73% more
Ameriprise Financial Manager Salary 10 - 15 years exp. (10 salaries)	₹26 L/yr - ₹35.1 L/yr 257% more
Axis Direct Manager Salary 6 - 12 years exp. (7 salaries)	₹7.5 L/yr - ₹10.9 L/yr 24% more
Aadhar Housing Finance Manager Salary 4 - 16 years exp. (5 salaries)	₹5.8 L/yr - ₹12.8 L/yr At par
Sun Life Financial Manager Salary 11 - 16 years exp. (5 salaries)	₹20 L/yr - ₹32 L/yr 197% more

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Manager salary at IDFC Mutual Fund ranges between ₹6.5 Lakhs to ₹8.7 Lakhs per year for employees with experience between 2 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 Finance & Accounting department

Last Updated: 6 Jun 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.2 L/yr
3 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.8 L/yr
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4 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹15.3 L/yr
5 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
6 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
7 years (3 salaries)	₹6.5 L/yr - ₹15.5 L/yr

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Similar Designation salaries in IDFC Mutual Fund

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Management Trainee Salary

(5 salaries)

₹5.5 L/yr - ₹6.25 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Salary related reviews for IDFC Mutual Fund

3.0

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.

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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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 Manager Salary FAQs

What is the salary of Manager at IDFC Mutual Fund in Finance & Accounting department?

Manager salary at IDFC Mutual Fund in Finance & Accounting department in India ranges between ₹6.5 Lakhs to ₹8.7 Lakhs for experience between 2 years to 7 years. According to our estimates it is 48% less than the average Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IDFC Mutual Fund India in Finance & Accounting department.

How does the salary of a Manager at IDFC Mutual Fund India in Finance & Accounting department compare with the average salary range for this job?

The average salary of a Manager at IDFC Mutual Fund in Finance & Accounting department is 48% less than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDFC Mutual Fund to a Manager in Finance & Accounting department in India?

Ameriprise Financial Manager Salary - ₹26.0 Lakhs to ₹35.1 Lakhs per year
Macquarie Group Manager Salary - ₹15.0 Lakhs to ₹36.0 Lakhs per year
Ocwen Financial Solutions Manager Salary - ₹15.7 Lakhs to ₹34.0 Lakhs per year
Sun Life Financial Manager Salary - ₹20.0 Lakhs to ₹32.0 Lakhs per year
Invesco Manager Salary - ₹21.0 Lakhs to ₹28.1 Lakhs per year

What is the salary of a Manager in Finance & Accounting department in companies similar to IDFC Mutual Fund in India?

Franklin Templeton Investments Manager Salary - ₹11.8 Lakhs to ₹32.2 Lakhs per year
CSC Global Manager Salary - ₹9.8 Lakhs to ₹25.5 Lakhs per year
DSP Mutual Fund Manager Salary - ₹12.4 Lakhs to ₹17.5 Lakhs per year
Synchrony Manager Salary - ₹6.8 Lakhs to ₹20.0 Lakhs per year
National Stock Exchange of India Manager Salary - ₹9.3 Lakhs to ₹26.2 Lakhs per year

What is the estimated take home salary of a Manager in Finance & Accounting department at IDFC Mutual Fund in India?

The estimated take-home salary of a Manager in Finance & Accounting department at IDFC Mutual Fund ranges between ₹62,766 per month to ₹64,361 per month in India. The take-home salary calculation is based on the average IDFC Mutual Fund Manager salary in India which ranges between ₹6.5 Lakhs to ₹8.7 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Manager in Finance & Accounting department at IDFC Mutual Fund?

According to AmbitionBox, 67% of the IDFC Mutual Fund Managers in Finance & Accounting department reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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IDFC Mutual Fund Manager Salaries by Location

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IDFC Mutual Fund Manager Salaries in Finance & Accounting

IDFC Mutual Fund Manager salary in Finance & Accounting department in India ranges between ₹6.5 Lakhs to ₹8.7 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.

IDFC Mutual Fund Manager salaries in Finance & Accounting in India

Companies similar to IDFC Mutual Fund for Manager in Finance & Accounting department

Latest annual salaries shared by IDFC Mutual Fund Manager in Finance & Accounting department

Experience wise IDFC Mutual Fund Manager salaries in Finance & Accounting department

Similar Designation salaries in IDFC Mutual Fund

Salary related reviews for IDFC Mutual Fund

Manager in Lucknow

Operations Executive in Mumbai

Assistant Vice President

VRM in Thane

Operations Executive in Patna

IDFC Mutual Fund Manager Salary FAQs

Tell us how to improve this page.

IDFC Mutual Fund Manager Salaries by Location