Mahindra Manulife Mutual Fund Salaries by 90+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Deputy Manager 6 - 13 years exp. (11 salaries)	₹6 L/yr - ₹8.9 L/yr
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Relationship Manager 3 - 9 years exp. (5 salaries)	₹4.5 L/yr - ₹5.7 L/yr
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Branch Manager 7 - 15 years exp. (5 salaries)	₹7 L/yr - ₹8.5 L/yr
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Business Manager 7 - 10 years exp. (4 salaries)	₹9.4 L/yr - ₹16 L/yr
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Retail Sales Manager 12 - 15 years exp. (4 salaries)	₹12.5 L/yr - ₹23.2 L/yr
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Senior Business Development Manager 15 - 18 years exp. (4 salaries)	₹16 L/yr - ₹21 L/yr
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Head Human Resources 18 - 20 years exp. (4 salaries)	₹48 L/yr - ₹66 L/yr
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BM 9 - 11 years exp. (3 salaries)	₹5.5 L/yr - ₹6 L/yr
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Product Manager 8 - 10 years exp. (3 salaries)	₹23.7 L/yr - ₹25 L/yr
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Sales Executive 7 - 8 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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IT Project Manager 22 - 23 years exp. (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
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Manager Sales & Marketing 14 - 15 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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Deputy Manager Information Technology 21 - 22 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
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Investor Relation Officer 3 - 6 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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Business Development Manager 3 - 4 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Risk Manager 7 - 12 years exp. (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
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Senior Alliances Manager 11 - 12 years exp. (AmbitionBox Estimate)	₹39.3 L/yr - ₹50.2 L/yr
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Area Manager 14 - 15 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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Sales Manager 16 years exp. (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
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Distribution Manager 5 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Salary related reviews for Mahindra Manulife Mutual Fund

4.2

Rated by 11 employees for salary & benefits

Branch Manager in Hubli

Sales & Distribution Department

1.0

• posted on 26 Jul 2022

2.0

for Salary and Benefits

Likes

Never ever work in a such company it feels like you are working for government organization. Senior person does not have any skills but he has experience so he is the boss. My Full and final settlement took 110 days to get settle one of my worst experience hr doesn't replies when ask for full and final settlement

Dislikes

Work culture felt like I am working for any government organization

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Mahindra Manulife Mutual Fund Salary FAQs

How much does Mahindra Manulife Mutual Fund pay per year?

The average Mahindra Manulife Mutual Fund salary ranges from approximately ₹4.5 Lakhs to ₹5.7 Lakhs per year for a Relationship Manager and ₹6 Lakhs to ₹8.9 Lakhs per year for a Deputy Manager. Salary estimates are based on 97 Mahindra Manulife Mutual Fund salaries received from various employees of Mahindra Manulife Mutual Fund. Mahindra Manulife Mutual Fund employees rate the overall salary and benefits package 4.2/5 stars.

What is the highest salary in Mahindra Manulife Mutual Fund?

The highest-paying job at Mahindra Manulife Mutual Fund is a Deputy Manager with a salary of ₹6 Lakhs to ₹8.9 Lakhs per year. The top 10% of employees earn more than ₹39.42 lakhs per year. The top 1% earn more than a whopping ₹84.55 lakhs per year.

What is the minimum salary in Mahindra Manulife Mutual Fund?

Minimum salary at Mahindra Manulife Mutual Fund depends on the role you are applying for. For Relationship Manager the minimum salary is ₹4.5 Lakhs to ₹5.7 Lakhs per year, and for Assistant Manager the minimum salary is ₹5.3 Lakhs to ₹7.2 Lakhs per year and so on.

What is the notice period at Mahindra Manulife Mutual Fund?

According to AmbitionBox, 81% of the Mahindra Manulife Mutual Fund employees reported a notice period of 3 Months, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 64 responses on AmbitionBox in last 2 years.

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Mahindra Manulife Mutual Fund Salaries by Location

Mahindra Manulife Mutual Fund Salaries by Department

Average annual salary in Mahindra Manulife Mutual Fund is INR . Salary estimates are based on 97 Mahindra Manulife Mutual Fund latest salaries received from various employees of Mahindra Manulife Mutual Fund.