IDFC Mutual Fund Senior Manager Salaries by 20+ Employees

4 - 15 years exp.

₹6.8 Lakhs - ₹20 Lakhs

Salary of majority employees

44% less than the average Senior Manager Salary in Financial Services Companies for 4 - 15 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 5 - 13 years exp. (6 salaries)	₹8.3 L/yr - ₹15 L/yr
Finance & Accounting Senior Manager Salary 4 - 9 years exp. (5 salaries)	₹6.8 L/yr - ₹11.8 L/yr
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Sales & Business Development Senior Manager Salary 8 - 12 years exp. (3 salaries)	₹11 L/yr - ₹18 L/yr

Last Updated: 10 Sep 2024

Companies similar to IDFC Mutual Fund for Senior Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Senior Manager Salary 5 - 18 years exp. (306 salaries)	₹5.4 L/yr - ₹20 L/yr 2% more
SBI Cards & Payment Services Senior Manager Salary 9 - 18 years exp. (230 salaries)	₹10 L/yr - ₹28 L/yr 57% more	6 job openings
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National Stock Exchange of India Senior Manager Salary 8 - 18 years exp. (164 salaries)	₹15 L/yr - ₹42 L/yr 120% more
Pine Labs Senior Manager Salary 7 - 18 years exp. (112 salaries)	₹10.6 L/yr - ₹42 L/yr 115% more
Ocwen Financial Solutions Senior Manager Salary 13 - 22 years exp. (53 salaries)	₹21.5 L/yr - ₹42.4 L/yr 183% more
Fidelity International Senior Manager Salary 10 - 18 years exp. (50 salaries)	₹25 L/yr - ₹60 L/yr 261% more	3 job openings
Anand Rathi: Online Stock Trading & Advisory Senior Manager Salary 3 - 18 years exp. (49 salaries)	₹6.4 L/yr - ₹13 L/yr 22% less
ICICI Home Finance Senior Manager Salary 4 - 16 years exp. (46 salaries)	₹10 L/yr - ₹23.8 L/yr 12% more
Axis Direct Senior Manager Salary 7 - 17 years exp. (42 salaries)	₹7.4 L/yr - ₹24.5 L/yr 34% more
SBI Mutual Fund Senior Manager Salary 8 - 15 years exp. (38 salaries)	₹7.3 L/yr - ₹28 L/yr 49% more
Sun Life Financial Senior Manager Salary 11 - 19 years exp. (35 salaries)	₹18 L/yr - ₹48.5 L/yr 174% more
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Mashreq Global Services Senior Manager Salary 9 - 18 years exp. (33 salaries)	₹18 L/yr - ₹42 L/yr 178% more
Morningstar Senior Manager Salary 11 - 18 years exp. (29 salaries)	₹18 L/yr - ₹45 L/yr 117% more
Ameriprise Financial Senior Manager Salary 13 - 20 years exp. (28 salaries)	₹34.2 L/yr - ₹60 L/yr 291% more
Franklin Templeton Investments Senior Manager Salary 13 - 20 years exp. (27 salaries)	₹15 L/yr - ₹42 L/yr 134% more
Groww Senior Manager Salary 6 - 11 years exp. (20 salaries)	₹19.5 L/yr - ₹40.2 L/yr 154% more
Consero Global Solutions Senior Manager Salary 9 - 19 years exp. (19 salaries)	₹15 L/yr - ₹30 L/yr 89% more
Aadhar Housing Finance Senior Manager Salary 3 - 16 years exp. (18 salaries)	₹10 L/yr - ₹19 L/yr 24% more
Invesco Senior Manager Salary 14 - 22 years exp. (13 salaries)	₹25.5 L/yr - ₹52 L/yr 246% more	1 job opening
Macquarie Group Senior Manager Salary 11 - 18 years exp. (12 salaries)	₹27 L/yr - ₹50 L/yr 191% more

View all

Senior Manager salary at IDFC Mutual Fund ranges between ₹6.8 Lakhs to ₹20 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 20 latest salaries received from various employees of IDFC Mutual Fund.

Experience wise IDFC Mutual Fund Senior Manager salaries

Last Updated: 10 Sep 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
5 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
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6 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
7 years (5 salaries)	₹6.8 L/yr - ₹18 L/yr
8 years (5 salaries)	₹7.4 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
10 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
11 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
12 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
13 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
14 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
15+ years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr

View all

Similar Designation salaries in IDFC Mutual Fund

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Branch Manager Salary

(4 salaries)

₹7.5 L/yr - ₹12.5 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹5.3 L/yr - ₹6.8 L/yr

Relationship Manager Salary

(4 salaries)

₹2.4 L/yr - ₹6 L/yr

Sales Officer Salary

(4 salaries)

₹3.25 L/yr - ₹3.9 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Sales Executive Salary

(5 salaries)

₹2.15 L/yr - ₹3 L/yr

Assistant Sales Manager Salary

(3 salaries)

₹1.8 L/yr - ₹2.3 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Salary related reviews for IDFC Mutual Fund

3.9

Rated by 2 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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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IDFC Mutual Fund Senior Manager Salary FAQs

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

The average salary of a Senior Manager at IDFC Mutual Fund in India typically ranges from ₹6.8 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 4 years to 15 years).

The top 10% of Senior Manager at IDFC Mutual Fund earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Senior Manager 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 estimates are based on salary data submitted by 20+ IDFC Mutual Fund employees in India.

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

The estimated take-home salary of a Senior Manager at IDFC Mutual Fund in India typically ranges from ₹86,918 to ₹89,196 per month. This is based on the average salary range of ₹6.8 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 4 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of IDFC Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IDFC Mutual Fund for Senior Manager in India?

Ameriprise Financial	₹34.2 Lakhs to ₹60.0 Lakhs per year
Fidelity International	₹25.0 Lakhs to ₹60.0 Lakhs per year
Invesco	₹25.5 Lakhs to ₹52.0 Lakhs per year
Macquarie Group	₹27.0 Lakhs to ₹50.0 Lakhs per year
Ocwen Financial Solutions	₹21.5 Lakhs to ₹42.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IDFC Mutual Fund, depending on the role and experience level.

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

The salary of a Senior Manager at companies similar to IDFC Mutual Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kroll	₹25.0 Lakhs to ₹40.4 Lakhs per year
Mashreq Global Services	₹18.0 Lakhs to ₹42.0 Lakhs per year
Sun Life Financial	₹18.0 Lakhs to ₹48.5 Lakhs per year
Upstox	₹26.9 Lakhs to ₹51.0 Lakhs per year
Groww	₹19.5 Lakhs to ₹40.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Manager at IDFC Mutual Fund in India?

The salary growth for a Senior Manager at IDFC Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Senior Manager can expect the following growth trajectory at IDFC Mutual Fund:

Experience	Average Salary Range
4 years	₹11.0 Lakhs to ₹14.1 Lakhs per year
5 years	₹11.0 Lakhs to ₹14.1 Lakhs per year
6 years	₹11.0 Lakhs to ₹14.1 Lakhs per year
7 years	₹6.8 Lakhs to ₹18.0 Lakhs per year

and so on.

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IDFC Mutual Fund Senior Manager Salaries

IDFC Mutual Fund Senior Manager salary in India ranges between ₹6.8 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 IDFC Mutual Fund latest salaries received from various employees of IDFC Mutual Fund.