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Kotak Mahindra Asset Management Company Assistant Manager salaries in Mumbai (Updated 2025)

Annual salary range
1 - 6 years exp.
₹2.4 Lakhs - ₹7.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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47% less than the average Assistant Manager Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
1 - 6 years exp. (7 salaries)
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₹3.3 L/yr - ₹5.2 L/yr

Finance & Accounting
Assistant Manager Salary
1 - 5 years exp. (6 salaries)
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₹2.4 L/yr - ₹6.3 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
3 - 6 years exp. (5 salaries)
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₹4 L/yr - ₹5.5 L/yr

Marketing & Communication
Assistant Manager Salary
2 - 4 years exp. (3 salaries)
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₹4 L/yr - ₹5.5 L/yr

Legal & Regulatory
Assistant Manager Salary
4 - 6 years exp. (3 salaries)
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₹4.4 L/yr - ₹7.1 L/yr

View all

Last Updated: 18 Mar 2025

Companies similar to Kotak Mahindra Asset Management Company for Assistant Manager in Mumbai

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Kotak Mahindra Asset Management Company Assistant Manager Salary

1 - 6 years exp. (33 salaries)

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₹2.4 L/yr - ₹7.1 L/yr

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Company name Avg Annual Salary Open Jobs
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Kotak Securities Assistant Manager Salary

0 - 7 years exp. (985 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 25% less
2 job openings
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Edelweiss Assistant Manager Salary

0 - 9 years exp. (308 salaries)

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₹3.5 L/yr - ₹15 L/yr

arrow icon 92% more
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₹3.5 L/yr - ₹7.4 L/yr

arrow icon 21% more
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Axis Direct Assistant Manager Salary

0 - 15 years exp. (98 salaries)

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₹2.3 L/yr - ₹8 L/yr

arrow icon 30% more
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₹4 L/yr - ₹8.5 L/yr

arrow icon 40% more
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CSC Assistant Manager Salary

6 - 13 years exp. (67 salaries)

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₹8.8 L/yr - ₹18 L/yr

arrow icon 209% more
5 job openings
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Sharekhan Assistant Manager Salary

0 - 12 years exp. (51 salaries)

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₹2.4 L/yr - ₹8 L/yr

arrow icon 25% more
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₹9 L/yr - ₹24 L/yr

arrow icon 234% more
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Pine Labs Assistant Manager Salary

4 - 12 years exp. (33 salaries)

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₹3.4 L/yr - ₹10 L/yr

arrow icon 62% more
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JM Financial Assistant Manager Salary

2 - 11 years exp. (27 salaries)

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₹5 L/yr - ₹12 L/yr

arrow icon 62% more
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₹3.3 L/yr - ₹9.8 L/yr

arrow icon 64% more
10 job openings
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Morningstar Assistant Manager Salary

4 - 16 years exp. (17 salaries)

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₹8 L/yr - ₹27 L/yr

arrow icon 278% more
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Aadhar Housing Finance Assistant Manager Salary

3 - 11 years exp. (15 salaries)

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₹4.3 L/yr - ₹7.5 L/yr

arrow icon 22% more
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₹6.5 L/yr - ₹20.8 L/yr

arrow icon 207% more
Assistant Manager salary at Kotak Mahindra Asset Management Company ranges between ₹2.4 Lakhs to ₹7.1 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 33 latest salaries received from various employees of Kotak Mahindra Asset Management Company.

Latest annual salaries shared by Kotak Mahindra Asset Management Company Assistant Manager in Mumbai

3w ago
₹4.7 Lakhs
6 years exp.
1mo ago
₹4.4 Lakhs
5 years exp.
2mo ago
₹4.1 Lakhs
5 years exp.
2mo ago
₹5.5 Lakhs
3 years exp.
2mo ago
₹3.5 Lakhs
1 year exp.
5mo ago
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5 years exp.
6mo ago
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3 years exp.
6mo ago
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2 years exp.
8mo ago
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4 years exp.
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4 years exp.

Experience wise Kotak Mahindra Asset Management Company Assistant Manager salaries in Mumbai

Last Updated: 18 Mar 2025

Experience Avg Annual Salary
1 year  (5 salaries)

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₹2.4 L/yr - ₹6.3 L/yr
2 years  (4 salaries)

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₹2.4 L/yr - ₹6 L/yr
3 years  (6 salaries)

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₹2.4 L/yr - ₹6.3 L/yr
4 years  (9 salaries)

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₹2.4 L/yr - ₹5.5 L/yr
5 years  (6 salaries)

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₹3.4 L/yr - ₹8.1 L/yr
View all

Similar Designation salaries in Kotak Mahindra Asset Management Company

Deputy Manager Salary
(18 salaries)
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₹5.5 L/yr - ₹11 L/yr
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₹3 L/yr - ₹6 L/yr

Top skills at Kotak Mahindra Asset Management Company for Assistant Manager

Mutual Funds HNI Acquisition Retail Sales HNI Client Handling institutional sales

Salary related reviews for Kotak Mahindra Asset Management Company

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 14 Jun 2022

3.0
 for  Salary and Benefits

Likes

On role employee gets 30-60% bonus. Organise various events. Not much target pressure. In all levels of the hierarchy, everyone is very cooperative. Stationery items came on frequent basis

read more
  • Skill development - Good
  • +5 more

Dislikes

Off role employee does not get on role easily and they don't have any bonus structure. All the events organised have to be managed by staff only. Daily morning meeting in zoom. Claims are not been passed very easily.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Dec 2024

2.0
 for  Salary and Benefits

Likes

Job security to some extend

  • Job security - Good

Dislikes

... is no internal parity. Even after working for 20 years seen people not growing. The basic pay is very less most the salary is given in form of incentives and other allowance that too with held for long period.

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  • Salary - Poor
  • +1 more

Product Management Department

4.0
  •  posted on 26 Jun 2022

5.0
 for  Salary and Benefits

Likes

...orking style is bit old. Most of the employees belong to baby boomer generation. Good incentives and bonus but the salary hike is not as par with the industry standards.

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  • Salary - Excellent
  • +6 more

Dislikes

Career growth is slow. Not many fun activities, here people are generally very work oriented.

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 26 Nov 2024

3.0
 for  Salary and Benefits

Likes

Seniors who are holding top positions they are really good and inspiring.

Dislikes

Seriously speaking on the branch level special in Durgapur branch, things are not good and misleading to seniors. Reality is not known to seniors. That's why on the ground, branch manager is taking the advantage. Please make audit and need to cross verify the activity which is going on at Durgapur branch.

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  • Skill development - Bad
  • +4 more

Sales & Business Development Department

1.0
  •  posted on 26 May 2022

1.0
 for  Salary and Benefits

Likes

Branch manager very supportive.

Dislikes

Company take you as off roll Employee. Give you big dreams that you will on roll here. Ask you to prove your self. You work hard do your best. At the end you get lollypop. No one understands your financial condition.. you wasted your 2-3 years.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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Kotak Mahindra Asset Management Company Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Kotak Mahindra Asset Management Company in Mumbai?
The average salary of a Assistant Manager at Kotak Mahindra Asset Management Company in Mumbai typically ranges from ₹2.4 Lakhs to ₹7.1 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Assistant Manager in Mumbai at Kotak Mahindra Asset Management Company earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹7.1 Lakhs per year. Assistant Manager Salaries at Kotak Mahindra Asset Management Company 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 30+ Kotak Mahindra Asset Management Company employees in India.
What is the estimated take home salary of a Assistant Manager at Kotak Mahindra Asset Management Company in Mumbai?
The estimated take-home salary of a Assistant Manager at Kotak Mahindra Asset Management Company in Mumbai typically ranges from ₹33,040 to ₹34,309 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹7.1 Lakhs per year for employees with experience ranging from 1 year to 6 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 30+ salaries received from various employees of Kotak Mahindra Asset Management Company. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at Kotak Mahindra Asset Management Company in Mumbai?
To be a Assistant Manager at Kotak Mahindra Asset Management Company in Mumbai, the key skills required include:

  • - Mutual Funds
  • - HNI Acquisition
  • - Retail Sales
  • - HNI Client Handling
  • - institutional sales

These skills are highly valued at Kotak Mahindra Asset Management Company and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindra Asset Management Company for Assistant Manager in India?
Morningstar ₹8.0 Lakhs to ₹27.0 Lakhs per year
Ocwen Financial Solutions ₹9.0 Lakhs to ₹24.0 Lakhs per year
CSC ₹8.8 Lakhs to ₹18.0 Lakhs per year
Franklin Templeton Investments ₹6.5 Lakhs to ₹20.8 Lakhs per year
Edelweiss ₹3.5 Lakhs to ₹15.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Asset Management Company, depending on the role and experience level.
What is the salary of a Assistant Manager in companies similar to Kotak Mahindra Asset Management Company in Mumbai?
The salary of a Assistant Manager at companies similar to Kotak Mahindra Asset Management Company in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Cards & Payment Services ₹3.3 Lakhs to ₹9.8 Lakhs per year
Pine Labs ₹3.4 Lakhs to ₹10.0 Lakhs per year
JM Financial ₹5.0 Lakhs to ₹12.0 Lakhs per year
National Stock Exchange of India ₹4.0 Lakhs to ₹8.5 Lakhs per year
Axis Direct ₹2.3 Lakhs to ₹8.0 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 Assistant Manager at Kotak Mahindra Asset Management Company in Mumbai?
The salary growth for a Assistant Manager at Kotak Mahindra Asset Management Company in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Kotak Mahindra Asset Management Company:

Experience Average Salary Range
1 year ₹2.4 Lakhs to ₹6.3 Lakhs per year
2 years ₹2.4 Lakhs to ₹6.0 Lakhs per year
3 years ₹2.4 Lakhs to ₹6.3 Lakhs per year
4 years ₹2.4 Lakhs to ₹5.5 Lakhs per year
and so on.

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Kotak Mahindra Asset Management Company Assistant Manager salary in Mumbai ranges between ₹2.4 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 33 Kotak Mahindra Asset Management Company latest salaries received from various employees of Kotak Mahindra Asset Management Company.