LIC Mutual Fund Senior Manager Salaries by 3 Employees (Updated 2025)

12 - 16 years exp.

₹5 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

75% less than the average Senior Manager Salary in Financial Services Companies for 12 - 16 years of experience

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Last Updated: 27 Dec 2023

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Senior Manager salary at LIC Mutual Fund ranges between ₹5 Lakhs to ₹6 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of LIC Mutual Fund.

Experience wise LIC Mutual Fund Senior Manager salaries

Last Updated: 27 Dec 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
14 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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15+ years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in LIC Mutual Fund

Regional Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Sales Manager Salary

(36 salaries)

₹3.25 L/yr - ₹7.75 L/yr

Senior Sales Manager Salary

(9 salaries)

₹6 L/yr - ₹13 L/yr

Branch Manager Salary

(6 salaries)

₹7.6 L/yr - ₹9.76 L/yr

Area Manager Salary

(18 salaries)

₹6.8 L/yr - ₹16.17 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹8.3 L/yr - ₹10.6 L/yr

Area Sales Manager Salary

(3 salaries)

₹11.3 L/yr - ₹15 L/yr

Relationship Manager Salary

(53 salaries)

₹2 L/yr - ₹5.9 L/yr

Sales Officer Salary

(3 salaries)

₹3 L/yr - ₹5 L/yr

Salary related reviews for LIC Mutual Fund

3.0

Rated by 1 employees for salary & benefits

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

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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 Senior Manager Salary FAQs

What is the notice period for Senior Manager at LIC Mutual Fund?

According to AmbitionBox, 100% of the LIC Mutual Fund Senior Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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LIC Mutual Fund Senior Manager Salaries

LIC Mutual Fund Senior Manager salary in India ranges between ₹5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 LIC Mutual Fund latest salaries received from various employees of LIC Mutual Fund.