Mahindra Manulife Mutual Fund Mumbai Salaries by 40+ Employees (Updated 2025)

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Customer Success, Service & Operations BFSI, Investments & Trading Finance & Accounting Human Resources + 2 more

Designation	Avg Annual Salary	Open Jobs
Head Human Resources 18 - 20 years exp. · Mumbai (4 salaries)	₹48 L/yr - ₹66 L/yr
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Product Manager 8 - 10 years exp. · Mumbai (3 salaries)	₹23.7 L/yr - ₹25 L/yr
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Deputy Manager 8 - 9 years exp. · Mumbai (AmbitionBox Estimate)	₹7.8 L/yr - ₹8.4 L/yr
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IT Project Manager 22 - 23 years exp. · Mumbai (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
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Relationship Manager 1 - 5 years exp. · Mumbai (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.1 L/yr
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Deputy Manager Information Technology 21 - 22 years exp. · Mumbai (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
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Investor Relation Officer 3 - 6 years exp. · Mumbai (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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Risk Manager 7 - 12 years exp. · Mumbai (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
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Senior Alliances Manager 11 - 12 years exp. · Mumbai (AmbitionBox Estimate)	₹39.3 L/yr - ₹50.2 L/yr
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Distribution Manager 5 years exp. · Mumbai (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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Compliance Manager 7 years exp. · Mumbai (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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Research Manager 9 years exp. · Mumbai (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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Front Desk Executive 6 years exp. · Mumbai (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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Administration Manager 12 years exp. · Mumbai (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
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HR Manager 18 years exp. · Mumbai (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.8 L/yr
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Senior Manager Information Technology 24 years exp. · Mumbai (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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Senior Business Development Manager 18 years exp. · Mumbai (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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Senior Business Manager 6 years exp. · Mumbai (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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Chief Risk Officer 13 years exp. · Mumbai (AmbitionBox Estimate)	₹42.8 L/yr - ₹54.7 L/yr
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Head Equity Research 15 years exp. · Mumbai (AmbitionBox Estimate)	₹96 L/yr - ₹1.1 Cr/yr
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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Salary related reviews for Mahindra Manulife Mutual Fund

3.8

Rated by 4 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

Salary - Poor

+6 more

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Know more about Mahindra Manulife Mutual Fund Mumbai

Mahindra Manulife Mutual Fund Salary FAQs

How much does Mahindra Manulife Mutual Fund pay to its employees?

The average annual salary at Mahindra Manulife Mutual Fund varies depending on the role, experience, and location. The salary ranges for some popular designations at Mahindra Manulife Mutual Fund, are as follows:

Head Human Resources	₹48 Lakhs to ₹66 Lakhs per year
Product Manager	₹23.7 Lakhs to ₹25 Lakhs per year
Deputy Manager	₹7.8 Lakhs to ₹8.4 Lakhs per year
IT Project Manager	₹11.9 Lakhs to ₹15.2 Lakhs per year

The highest-paying role, Business Manager, earns between ₹5.5 Lakhs to ₹16 Lakhs per year. The top 10% of employees earn more than ₹28.6 Lakhs per year, and the top 1% earn over ₹82.1 Lakhs per year. Salaries at Mahindra Manulife Mutual Fund 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 salary estimates are based on data from 42 salaries submitted by Mahindra Manulife Mutual Fund employees. Mahindra Manulife Mutual Fund is rated 3.8 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Mahindra Manulife Mutual Fund , Mumbai is INR . Salary estimates are based on 40+ Mahindra Manulife Mutual Fund latest salaries received from various employees of Mahindra Manulife Mutual Fund.

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