LIC Mutual Fund Mumbai Assistant Manager Salaries by 7 Employees (Updated 2025)

7 - 15 years exp.

₹7.5 Lakhs - ₹11 Lakhs

Salary of majority employees

At par with the average Assistant Manager Salary in Financial Services Companies for 7 - 15 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 12 - 15 years exp. (4 salaries)	₹7.5 L/yr - ₹11 L/yr
Human Resources Assistant Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹10 L/yr
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BFSI, Investments & Trading Assistant Manager Salary 7 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹8 L/yr

Last Updated: 7 Nov 2024

Companies similar to LIC Mutual Fund for Assistant Manager in Mumbai

LIC Mutual Fund Assistant Manager Salary

7 - 15 years exp. (7 salaries)

₹7.5 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Assistant Manager Salary 0 - 9 years exp. (240 salaries)	₹3.5 L/yr - ₹7.6 L/yr 36% less
SBI Mutual Fund Assistant Manager Salary 0 - 6 years exp. (29 salaries)	₹4.8 L/yr - ₹8.5 L/yr 30% less	3 job openings
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Birla Sun Life Mutual Fund Assistant Manager Salary 1 - 7 years exp. (15 salaries)	₹4 L/yr - ₹6.4 L/yr 38% less
Axis Mutual Fund Assistant Manager Salary 0 - 6 years exp. (10 salaries)	₹4.5 L/yr - ₹7.6 L/yr 21% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (3.5k salaries)	₹1 L/yr - ₹5 L/yr 58% less
Nippon Life India Asset Management Assistant Manager Salary 3 - 9 years exp. (19 salaries)	₹5 L/yr - ₹8 L/yr 25% less
Franklin Templeton Investments Assistant Manager Salary 6 - 14 years exp. (9 salaries)	₹6.5 L/yr - ₹20.8 L/yr 60% more
DSP Mutual Fund Assistant Manager Salary 2 - 7 years exp. (11 salaries)	₹5 L/yr - ₹8.5 L/yr 18% less
UTI Mutual Fund Assistant Manager Salary 1 - 4 years exp. (23 salaries)	₹3.2 L/yr - ₹10 L/yr 32% less
Motilal Oswal Financial Services Assistant Manager Salary 1 - 12 years exp. (461 salaries)	₹2.3 L/yr - ₹10.3 L/yr 33% less
Edelweiss Assistant Manager Salary 0 - 9 years exp. (328 salaries)	₹4.2 L/yr - ₹15 L/yr 7% more
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ICICI Securities Assistant Manager Salary 0 - 8 years exp. (302 salaries)	₹3.2 L/yr - ₹6.8 L/yr 44% less
Bajaj Finserv Assistant Manager Salary 0 - 9 years exp. (79 salaries)	₹2.2 L/yr - ₹6.2 L/yr 47% less	1 job opening
Aditya Birla Capital Assistant Manager Salary 0 - 8 years exp. (70 salaries)	₹2.7 L/yr - ₹9 L/yr 45% less
Sharekhan Assistant Manager Salary 1 - 12 years exp. (55 salaries)	₹1.8 L/yr - ₹8.3 L/yr 32% less
Stock Holding Corporation of India Assistant Manager Salary 6 - 21 years exp. (53 salaries)	₹4.2 L/yr - ₹12 L/yr 5% more
Shriram Housing Finance Assistant Manager Salary 2 - 10 years exp. (37 salaries)	₹3 L/yr - ₹6.1 L/yr 43% less
JPMorgan Chase & Co. Assistant Manager Salary 7 - 14 years exp. (26 salaries)	₹6.3 L/yr - ₹18.3 L/yr 49% more
JM Financial Assistant Manager Salary 2 - 11 years exp. (25 salaries)	₹5 L/yr - ₹12 L/yr 12% less	1 job opening
Reliance Capital Assistant Manager Salary 1 - 12 years exp. (20 salaries)	₹2.6 L/yr - ₹8 L/yr 44% less

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Assistant Manager salary at LIC Mutual Fund ranges between ₹7.5 Lakhs to ₹11 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of LIC Mutual Fund.

Experience wise LIC Mutual Fund Assistant Manager salaries in Mumbai

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹14.8 L/yr
8 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
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9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
11 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9 L/yr
12 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹11 L/yr
13 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9 L/yr
14 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9 L/yr
15+ years (AmbitionBox Estimate)	₹7.5 L/yr - ₹15.2 L/yr

View all

Similar Designation salaries in LIC Mutual Fund

Operations Executive Salary

(3 salaries)

₹2.65 L/yr - ₹2.8 L/yr

Salary related reviews for LIC Mutual Fund

Senior Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 06 May 2023

2.0

for Salary and Benefits

Likes

Nothing likes for this organisation

Dislikes

...nal life hell. As the company don't have any process, proper management and all. Often you will pay from your pocket bcoz the right approvals will not come as per the commitment of the senior management. There is neither proper system nor HR policy in this organisation. If you want to spoil your career by entering in this monopoly, uncultured then you may think of this organisation. If there would 0 for job security then I could have clicked on that.

Salary - Poor

+6 more

Administration Executive in Kanpur

Full Time

Mutual funds Department

1.0

• posted on 24 Mar 2020

1.0

for Salary and Benefits

Likes

I have very bad experience working in Lic Mf as a admin executive, I have faced mental harassment there, slow growth & insecure environment.

Dislikes

I have joined there as a off role payroll process via rand stand company and they didn’t settle my dues and also not provided my reliving letter too.

Salary - Bad

+6 more

Sales Manager in New Delhi

Sales & Business Development Department

4.0

• posted on 29 May 2022

3.0

for Salary and Benefits

Likes

Work culture is good. Lots of things are there to learn and built personality. Working Location Prefrence gives better understanding about the area and gives many more ideas to enhance sales and busienss for orgsnisation.

Skill development - Good

+4 more

Dislikes

Sometime managing multiple channels become challanging.

Vice President - Zonal Head - North Zone in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 07 Feb 2022

5.0

for Salary and Benefits

Likes

Fantastic company to work for.. Performers always gets appreciated & acknowledged..Moreover Management believes in giving autonomy/ independent space to perform & excel..LIC MF has given opportunity to so many young/ fresh professionals in MF domain & most of them have come out with flying colors..The company has created/prepared so many young talent for the industry.. Indeed great experience working for this company since last 7 Years..

Salary - Excellent

+6 more

Dislikes

Nothing as such..

Business Development Manager in Bhubaneswar

Marketing & Communication Department

3.0

• posted on 12 Nov 2021

1.0

for Salary and Benefits

Likes

As a lady I feel really safe working with the organization but when it comes to guidance or support the seniors are not that much supportive, job security is very poor as meeting target is not possible because of lower penetration and less tie ups. Funds are not that very good performing to attract client.

Company culture - Good

+1 more

Dislikes

No training, no hand holding

Salary - Bad

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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LIC Mutual Fund Assistant Manager Salary FAQs

What is the salary of Assistant Manager at LIC Mutual Fund Mumbai?

Assistant Manager salary at LIC Mutual Fund in Mumbai ranges between ₹7.5 Lakhs to ₹11.0 Lakhs for experience between 7 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of LIC Mutual Fund Mumbai.

Which similar companies are paying more than LIC Mutual Fund to a Assistant Manager in Mumbai?

Franklin Templeton Investments Assistant Manager Salary - ₹6.5 Lakhs to ₹20.8 Lakhs per year
JPMorgan Chase & Co. Assistant Manager Salary - ₹6.3 Lakhs to ₹18.3 Lakhs per year
Edelweiss Assistant Manager Salary - ₹4.2 Lakhs to ₹15.0 Lakhs per year
Stock Holding Corporation of India Assistant Manager Salary - ₹4.2 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to LIC Mutual Fund in Mumbai?

ICRA Assistant Manager Salary - ₹3.7 Lakhs to ₹11.5 Lakhs per year
JM Financial Assistant Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
DSP Mutual Fund Assistant Manager Salary - ₹5.0 Lakhs to ₹8.5 Lakhs per year
Axis Mutual Fund Assistant Manager Salary - ₹4.5 Lakhs to ₹7.6 Lakhs per year
Nippon Life India Asset Management Assistant Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager at LIC Mutual Fund in Mumbai?

The estimated take-home salary of a Assistant Manager at LIC Mutual Fund ranges between ₹61,231 per month to ₹62,783 per month in Mumbai. The take-home salary calculation is based on the average LIC Mutual Fund Assistant Manager salary in India which ranges between ₹7.5 Lakhs to ₹11.0 Lakhs per year for employees with experience between 7 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at LIC Mutual Fund in Mumbai?

According to AmbitionBox, 100% of the LIC Mutual Fund Assistant Managers in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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LIC Mutual Fund Assistant Manager Salaries in Mumbai

LIC Mutual Fund Assistant Manager salary in Mumbai ranges between ₹7.5 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 LIC Mutual Fund latest salaries received from various employees of LIC Mutual Fund.