Kotak Mahindra Asset Management Company Cluster Manager Salaries by 4 Employees (Updated 2025)

5 - 10 years exp.

₹8.6 Lakhs - ₹12 Lakhs

Salary of majority employees

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15% more than the average Cluster Manager Salary in Financial Services Companies for 5 - 10 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Salary 5 - 6 years exp. (3 salaries)	Unlock ₹8.6 L/yr - ₹12 L/yr
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BFSI, Investments & Trading Cluster Manager Salary 10 years exp. (AmbitionBox Estimate)	Unlock ₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 13 Feb 2025

Companies similar to Kotak Mahindra Asset Management Company for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Cluster Manager Salary 6 - 18 years exp. (26 salaries)	Unlock ₹8.4 L/yr - ₹21.6 L/yr 46% more
Aditya Birla Health Insurance Co Cluster Manager Salary 0 - 11 years exp. (122 salaries)	Unlock ₹3.5 L/yr - ₹10.8 L/yr 30% less
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Nippon Life India Asset Management Cluster Manager Salary 13 - 20 years exp. (11 salaries)	Unlock ₹13 L/yr - ₹19.8 L/yr 57% more	2 job openings
UTI Asset Management Company Cluster Manager Salary 8 - 11 years exp. (4 salaries)	Unlock ₹9 L/yr - ₹10 L/yr 8% less
Axis Asset Management Company Cluster Manager Salary 0 - 15 years exp. (16 salaries)	Unlock ₹4 L/yr - ₹6.8 L/yr 47% less
Axis Direct Cluster Manager Salary 0 - 10 years exp. (159 salaries)	Unlock ₹2.5 L/yr - ₹5.7 L/yr 62% less	2 job openings
Aadhar Housing Finance Cluster Manager Salary 7 - 19 years exp. (30 salaries)	Unlock ₹9.1 L/yr - ₹16.2 L/yr 22% more
Kotak Securities Cluster Manager Salary 8 - 12 years exp. (29 salaries)	Unlock ₹3.9 L/yr - ₹7.3 L/yr 45% less
Edelweiss Cluster Manager Salary 11 - 14 years exp. (4 salaries)	Unlock ₹16 L/yr - ₹17.1 L/yr 59% more
SBI Cards & Payment Services Cluster Manager Salary 9 - 10 years exp. (3 salaries)	Unlock ₹10.5 L/yr - ₹16 L/yr 25% more

Cluster Manager salary at Kotak Mahindra Asset Management Company ranges between ₹8.6 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Asset Management Company.

Experience wise Kotak Mahindra Asset Management Company Cluster Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹7.7 L/yr - ₹9.9 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹9.7 L/yr - ₹12.4 L/yr
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10 years (AmbitionBox Estimate)	Unlock ₹10.8 L/yr - ₹13.8 L/yr

Similar Designation salaries in Kotak Mahindra Asset Management Company

Cluster Head Salary

(4 salaries)

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₹6.8 L/yr - ₹15.1 L/yr

Deputy Manager Salary

(79 salaries)

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₹4.05 L/yr - ₹11 L/yr

Sales Manager Salary

(7 salaries)

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₹1.4 L/yr - ₹6.25 L/yr

Branch Manager Salary

(9 salaries)

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₹9 L/yr - ₹14 L/yr

Area Sales Manager Salary

(3 salaries)

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₹6 L/yr - ₹8.2 L/yr

Relationship Manager Salary

(75 salaries)

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₹2 L/yr - ₹7.5 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.6 L/yr

Sales Officer Salary

(4 salaries)

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₹1.9 L/yr - ₹3.3 L/yr

Assistant Sales Manager Salary

(3 salaries)

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₹4 L/yr - ₹4.5 L/yr

Area Head Salary

(3 salaries)

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₹28.8 L/yr - ₹36.8 L/yr

Salary related reviews for Kotak Mahindra Asset Management Company

Relationship Manager in Bhilai Nagar

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

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.

Equity Dealer - AVP in Mumbai

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.

Salary - Poor

+1 more

Product Manager in Mumbai

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.

Salary - Excellent

+6 more

Dislikes

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

Assistant Manager in Durgapur

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.

Skill development - Bad

+4 more

Relationship Manager in Rajasthan

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.

Salary - Bad

+5 more

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Kotak Mahindra Asset Management Company Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Kotak Mahindra Asset Management Company?

Cluster Manager salary at Kotak Mahindra Asset Management Company in India ranges between ₹8.6 Lakhs to ₹12.0 Lakhs for experience between 5 years to 10 years. According to our estimates it is 15% more than the average Cluster Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Asset Management Company India.

How does the salary of a Cluster Manager at Kotak Mahindra Asset Management Company India compare with the average salary range for this job?

The average salary of a Cluster Manager at Kotak Mahindra Asset Management Company is 15% more than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Asset Management Company to a Cluster Manager in India?

Edelweiss Cluster Manager Salary - ₹16.0 Lakhs to ₹17.1 Lakhs per year
Nippon Life India Asset Management Cluster Manager Salary - ₹13.0 Lakhs to ₹19.8 Lakhs per year
ICICI Prudential Mutual Fund Cluster Manager Salary - ₹8.4 Lakhs to ₹21.6 Lakhs per year
SBI Cards & Payment Services Cluster Manager Salary - ₹10.5 Lakhs to ₹16.0 Lakhs per year
Aadhar Housing Finance Cluster Manager Salary - ₹9.1 Lakhs to ₹16.2 Lakhs per year

What is the salary of a Cluster Manager in companies similar to Kotak Mahindra Asset Management Company in India?

UTI Asset Management Company Cluster Manager Salary - ₹9.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Health Insurance Co Cluster Manager Salary - ₹3.5 Lakhs to ₹10.8 Lakhs per year
Kotak Securities Cluster Manager Salary - ₹3.9 Lakhs to ₹7.3 Lakhs per year
Axis Asset Management Company Cluster Manager Salary - ₹4.0 Lakhs to ₹6.8 Lakhs per year
Axis Direct Cluster Manager Salary - ₹2.5 Lakhs to ₹5.7 Lakhs per year

What is the estimated take home salary of a Cluster Manager at Kotak Mahindra Asset Management Company in India?

The estimated take-home salary of a Cluster Manager at Kotak Mahindra Asset Management Company ranges between ₹75,861 per month to ₹77,827 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Asset Management Company Cluster Manager salary in India which ranges between ₹8.6 Lakhs to ₹12.0 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Kotak Mahindra Asset Management Company?

According to AmbitionBox, 100% of the Kotak Mahindra Asset Management Company Cluster Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Asset Management Company Cluster Manager Salaries

Kotak Mahindra Asset Management Company Cluster Manager salary in India ranges between ₹8.6 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Asset Management Company latest salaries received from various employees of Kotak Mahindra Asset Management Company.

Kotak Mahindra Asset Management Company Cluster Manager salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Asset Management Company for Cluster Manager

Latest annual salaries shared by Kotak Mahindra Asset Management Company Cluster Manager

Experience wise Kotak Mahindra Asset Management Company Cluster Manager salaries

Similar Designation salaries in Kotak Mahindra Asset Management Company

Salary related reviews for Kotak Mahindra Asset Management Company

Relationship Manager in Bhilai Nagar

Equity Dealer - AVP in Mumbai

Product Manager in Mumbai

Assistant Manager in Durgapur

Relationship Manager in Rajasthan

Kotak Mahindra Asset Management Company Cluster Manager Salary FAQs

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