IDFC Mutual Fund Operations Associate Salaries by 5 Employees (Updated 2024)

4 - 6 years exp.

₹3.5 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

12% more than the average Operations Associate Salary in Financial Services Companies for 4 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Associate Salary 4 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
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Administration & Facilities Operations Associate Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 4 Dec 2024

Companies similar to IDFC Mutual Fund for Operations Associate

Company name	Avg Annual Salary	Open Jobs
SBI Mutual Fund Operations Associate Salary 1 - 8 years exp. (4 salaries)	₹2.6 L/yr - ₹3 L/yr 32% less
Birla Sun Life Mutual Fund Operations Associate Salary 2 - 8 years exp. (13 salaries)	₹2.5 L/yr - ₹3.5 L/yr 26% less
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Kotak Mahindra Bank Operations Associate Salary 0 - 6 years exp. (41 salaries)	₹1.2 L/yr - ₹3.5 L/yr 39% less
Franklin Templeton Investments Operations Associate Salary 0 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹4.1 L/yr 29% less
ICICI Home Finance Operations Associate Salary 1 - 6 years exp. (121 salaries)	₹2.3 L/yr - ₹4.8 L/yr 7% less
SBI Cards & Payment Services Operations Associate Salary 0 - 4 years exp. (13 salaries)	₹2.4 L/yr - ₹3.6 L/yr 31% less
Sun Life Financial Operations Associate Salary 0 - 2 years exp. (10 salaries)	₹2.8 L/yr - ₹4.2 L/yr 18% less
Ameriprise Financial Operations Associate Salary 1 - 2 years exp. (7 salaries)	₹4.8 L/yr - ₹6 L/yr 41% more
Morningstar Operations Associate Salary 1 - 3 years exp. (5 salaries)	₹4.5 L/yr - ₹6 L/yr 36% more	1 job opening
CSC Global Operations Associate Salary 1 - 5 years exp. (5 salaries)	₹5.3 L/yr - ₹7.2 L/yr 51% more
Ocwen Financial Solutions Operations Associate Salary 4 - 7 years exp. (4 salaries)	₹3.9 L/yr - ₹5 L/yr 9% more
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TIAA Global Business Services Operations Associate Salary 3 - 7 years exp. (3 salaries)	₹8.8 L/yr - ₹17.5 L/yr 248% more
Macquarie Group Operations Associate Salary 0 - 3 years exp. (3 salaries)	₹9 L/yr - ₹10 L/yr 130% more

Operations Associate salary at IDFC Mutual Fund ranges between ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of IDFC Mutual Fund.

Experience wise IDFC Mutual Fund Operations Associate salaries

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr
5 years (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
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6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.6 L/yr

Similar Designation salaries in IDFC Mutual Fund

Senior Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Operations Executive Salary

(8 salaries)

₹2.5 L/yr - ₹5.4 L/yr

Process Associate Salary

(5 salaries)

₹2.25 L/yr - ₹3 L/yr

Relationship Manager Salary

(4 salaries)

₹2.4 L/yr - ₹6 L/yr

Customer Service Associate Salary

(4 salaries)

₹2.55 L/yr - ₹4.55 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Customer Care Executive Salary

(3 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for IDFC Mutual Fund

3.0

Rated by 2 employees for salary & benefits

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Operations Associate Salary FAQs

What is the salary of Operations Associate at IDFC Mutual Fund?

Operations Associate salary at IDFC Mutual Fund in India ranges between ₹3.5 Lakhs to ₹4.5 Lakhs for experience between 4 years to 6 years. According to our estimates it is 12% more than the average Operations Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IDFC Mutual Fund India.

How does the salary of a Operations Associate at IDFC Mutual Fund India compare with the average salary range for this job?

The average salary of a Operations Associate at IDFC Mutual Fund is 12% more than the average salary of a Operations Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDFC Mutual Fund to a Operations Associate in India?

TIAA Global Business Services Operations Associate Salary - ₹8.8 Lakhs to ₹17.5 Lakhs per year
Macquarie Group Operations Associate Salary - ₹9.0 Lakhs to ₹10.0 Lakhs per year
CSC Global Operations Associate Salary - ₹5.3 Lakhs to ₹7.2 Lakhs per year
Ameriprise Financial Operations Associate Salary - ₹4.8 Lakhs to ₹6.0 Lakhs per year
Morningstar Operations Associate Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Operations Associate in companies similar to IDFC Mutual Fund in India?

Ocwen Financial Solutions Operations Associate Salary - ₹3.9 Lakhs to ₹5.0 Lakhs per year
ICICI Home Finance Operations Associate Salary - ₹2.3 Lakhs to ₹4.8 Lakhs per year
Sun Life Financial Operations Associate Salary - ₹2.8 Lakhs to ₹4.2 Lakhs per year
Birla Sun Life Mutual Fund Operations Associate Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
Franklin Templeton Investments Operations Associate Salary - ₹2.2 Lakhs to ₹4.1 Lakhs per year

What is the estimated take home salary of a Operations Associate at IDFC Mutual Fund in India?

The estimated take-home salary of a Operations Associate at IDFC Mutual Fund ranges between ₹29,947 per month to ₹31,262 per month in India. The take-home salary calculation is based on the average IDFC Mutual Fund Operations Associate salary in India which ranges between ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Operations Associate at IDFC Mutual Fund?

According to AmbitionBox, 100% of the IDFC Mutual Fund Operations Associates reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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IDFC Mutual Fund Operations Associate Salaries

IDFC Mutual Fund Operations Associate salary in India ranges between ₹3.5 Lakhs to ₹4.5 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.