Mahindra Manulife Mutual Fund Retail Sales Manager Salaries by 4 Employees (Updated 2025)

12 - 15 years exp.

₹12.5 Lakhs - ₹23.2 Lakhs

Salary of majority employees

123% more than the average Retail Sales Manager Salary for 12 - 15 years of experience

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Last Updated: 8 Sep 2023

Companies similar to Mahindra Manulife Mutual Fund for Retail Sales Manager

Company name	Avg Annual Salary	Open Jobs
Reliance Retail Retail Sales Manager Salary 2 - 16 years exp. (17 salaries)	₹2 L/yr - ₹9.4 L/yr 74% less
HDFC Bank Retail Sales Manager Salary 0 - 11 years exp. (14 salaries)	₹7 L/yr - ₹11.3 L/yr 56% less
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ICICI Bank Retail Sales Manager Salary 1 - 15 years exp. (5 salaries)	₹4.7 L/yr - ₹6.9 L/yr 72% less
Jio Retail Sales Manager Salary 1 - 8 years exp. (5 salaries)	₹1 L/yr - ₹3.2 L/yr 88% less
Reliance Industries Retail Sales Manager Salary 2 - 5 years exp. (4 salaries)	₹1.2 L/yr - ₹4.3 L/yr 78% less
Axis Bank Retail Sales Manager Salary 5 - 14 years exp. (6 salaries)	₹6 L/yr - ₹9.3 L/yr 61% less

Retail Sales Manager salary at Mahindra Manulife Mutual Fund ranges between ₹12.5 Lakhs to ₹23.2 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Manulife Mutual Fund.

Experience wise Mahindra Manulife Mutual Fund Retail Sales Manager salaries

Last Updated: 8 Sep 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹12.5 L/yr
13 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹28 L/yr
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14 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹23.2 L/yr
15+ years (AmbitionBox Estimate)	₹22 L/yr - ₹41.7 L/yr

Similar Designation salaries in Mahindra Manulife Mutual Fund

Sales Manager Salary

(AmbitionBox Estimate)

₹9.1 L/yr - ₹11.6 L/yr

Relationship Manager Salary

(5 salaries)

₹4.5 L/yr - ₹5.66 L/yr

Deputy Manager Salary

(11 salaries)

₹6 L/yr - ₹8.86 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for Mahindra Manulife Mutual Fund

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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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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Mahindra Manulife Mutual Fund Retail Sales Manager Salary FAQs

What is the salary of Retail Sales Manager at Mahindra Manulife Mutual Fund?

Retail Sales Manager salary at Mahindra Manulife Mutual Fund in India ranges between ₹12.5 Lakhs to ₹23.2 Lakhs for experience between 12 years to 15 years. According to our estimates it is 123% more than the average Retail Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Manulife Mutual Fund India.

How does the salary of a Retail Sales Manager at Mahindra Manulife Mutual Fund India compare with the average salary range for this job?

The average salary of a Retail Sales Manager at Mahindra Manulife Mutual Fund is 123% more than the average salary of a Retail Sales Manager in India. To know exact salary insights, login to view.

What is the salary of a Retail Sales Manager in companies similar to Mahindra Manulife Mutual Fund in India?

HDFC Bank Retail Sales Manager Salary - ₹7.0 Lakhs to ₹11.3 Lakhs per year
Axis Bank Retail Sales Manager Salary - ₹6.0 Lakhs to ₹9.3 Lakhs per year
ICICI Bank Retail Sales Manager Salary - ₹4.7 Lakhs to ₹6.9 Lakhs per year
Reliance Retail Retail Sales Manager Salary - ₹2.0 Lakhs to ₹9.4 Lakhs per year
Reliance Industries Retail Sales Manager Salary - ₹1.2 Lakhs to ₹4.3 Lakhs per year

What is the estimated take home salary of a Retail Sales Manager at Mahindra Manulife Mutual Fund in India?

The estimated take-home salary of a Retail Sales Manager at Mahindra Manulife Mutual Fund ranges between ₹1,19,224 per month to ₹1,22,567 per month in India. The take-home salary calculation is based on the average Mahindra Manulife Mutual Fund Retail Sales Manager salary in India which ranges between ₹12.5 Lakhs to ₹23.2 Lakhs per year for employees with experience between 12 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Retail Sales Manager at Mahindra Manulife Mutual Fund?

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

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Mahindra Manulife Mutual Fund Retail Sales Manager Salaries

Mahindra Manulife Mutual Fund Retail Sales Manager salary in India ranges between ₹12.5 Lakhs to ₹23.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Manulife Mutual Fund latest salaries received from various employees of Mahindra Manulife Mutual Fund.