Nuvama Wealth Management Mumbai Manager Salaries by 10 Employees (Updated 2025)

1 - 14 years exp.

₹5.7 Lakhs - ₹17 Lakhs

Salary of majority employees

26% less than the average Manager Salary in Financial Services Companies for 1 - 14 years of experience

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Salaries in different departments

Finance & Accounting Manager Salary 5 - 6 years exp. (3 salaries)	₹12.4 L/yr - ₹30 L/yr
Sales & Business Development Manager Salary 5 - 14 years exp. (3 salaries)	₹4.8 L/yr - ₹8.3 L/yr
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BFSI, Investments & Trading Manager Salary 12 years exp. (AmbitionBox Estimate)	₹9.4 L/yr - ₹10.6 L/yr

Last Updated: 11 Dec 2024

Companies similar to Nuvama Wealth Management for Manager in Mumbai

Nuvama Wealth Management Manager Salary

1 - 14 years exp. (10 salaries)

₹5.7 L/yr - ₹17 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Private Wealth Manager Salary 2 - 8 years exp. (4 salaries)	₹9 L/yr - ₹15 L/yr 4% less
IIFL Finance Manager Salary 3 - 15 years exp. (63 salaries)	₹4 L/yr - ₹16 L/yr 25% less
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Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹13 L/yr 30% less
Motilal Oswal Wealth Management Manager Salary 2 - 11 years exp. (13 salaries)	₹6 L/yr - ₹10.5 L/yr 36% less
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹22.1 L/yr 3% more	2 job openings
Reliance Wealth Management Manager Salary 7 - 15 years exp. (3 salaries)	₹5.6 L/yr - ₹9.9 L/yr 35% less
Bajaj Capital Manager Salary 2 - 10 years exp. (13 salaries)	₹4 L/yr - ₹10.5 L/yr 40% less	1 job opening
National Stock Exchange of India Manager Salary 2 - 14 years exp. (269 salaries)	₹8 L/yr - ₹24 L/yr 28% more
Edelweiss Manager Salary 3 - 14 years exp. (237 salaries)	₹5.1 L/yr - ₹21 L/yr 4% more
Kotak Securities Manager Salary 0 - 16 years exp. (219 salaries)	₹3.3 L/yr - ₹14.1 L/yr 34% less
ICICI Home Finance Manager Salary 1 - 13 years exp. (90 salaries)	₹4.9 L/yr - ₹17 L/yr 14% less
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ICICI Prudential Mutual Fund Manager Salary 2 - 14 years exp. (63 salaries)	₹6.5 L/yr - ₹26 L/yr 23% more
Axis Direct Manager Salary 4 - 16 years exp. (43 salaries)	₹5 L/yr - ₹15.6 L/yr 5% less
SBI Cards & Payment Services Manager Salary 5 - 17 years exp. (26 salaries)	₹7.5 L/yr - ₹16 L/yr 16% more	1 job opening
Sharekhan Manager Salary 2 - 14 years exp. (22 salaries)	₹5 L/yr - ₹18 L/yr 12% less
Pine Labs Manager Salary 5 - 13 years exp. (22 salaries)	₹8.3 L/yr - ₹21 L/yr 25% more
Morningstar Manager Salary 9 - 19 years exp. (20 salaries)	₹15.4 L/yr - ₹30 L/yr 103% more	2 job openings
Ocwen Financial Solutions Manager Salary 11 - 18 years exp. (14 salaries)	₹15.4 L/yr - ₹33 L/yr 83% more
Macquarie Group Manager Salary 8 - 14 years exp. (12 salaries)	₹25 L/yr - ₹33.5 L/yr 142% more
Synchrony Manager Salary 2 - 6 years exp. (8 salaries)	₹9.3 L/yr - ₹24 L/yr 31% more

View all

Manager salary at Nuvama Wealth Management ranges between ₹5.7 Lakhs to ₹17 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 10 latest salaries received from various employees of Nuvama Wealth Management.

Experience wise Nuvama Wealth Management Manager salaries in Mumbai

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.7 L/yr - ₹15 L/yr
2 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
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3 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
4 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
5 years (3 salaries)	₹4.8 L/yr - ₹12.4 L/yr
6 years (3 salaries)	₹9 L/yr - ₹21.6 L/yr
7 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
8 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
10 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
11 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
12 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹22.3 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹22.4 L/yr
14 years (AmbitionBox Estimate)	₹7 L/yr - ₹22.5 L/yr

View all

Similar Designation salaries in Nuvama Wealth Management

Assistant Vice President Salary

(4 salaries)

₹13 L/yr - ₹32 L/yr

Salary related reviews for Nuvama Wealth Management

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 26 Jun 2024

4.0

for Salary and Benefits

Likes

Relaxed environment, Work life balance, Timely Salary.

Dislikes

No learning curve, high deviation in job description and actual job, Under utilised resources, Poor allocation of work, High dependency on select resources, Zero processes, Poor team management, Zero collaborative approach.

Vice President Sales in Mumbai

Full Time

Food, Beverage & Hospitality Department

1.0

• posted on 29 Aug 2024

1.0

for Salary and Benefits

Likes

Worst Manager are Nikhil Bhanushali and Ninesh ghantara. Pathetic and biased to selected few who they promote and support. Remaining are treated as labourers. Never join this organisation.

Dislikes

Everything. Worst culture. Politics. No learning and no growth.

Assistant Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Apr 2024

1.0

for Salary and Benefits

Likes

If you are looking to learn more about the financial products, it's a good firm to teach you about them. Fixed office hours, no calls after office hours are done.

Dislikes

- The leadership has been stagnant and there is only little growth in the organisation. - HR does not favour you at all they only favour the leadership. - The leadership are like goons who have no trust on their employees. - The company has no data to give or work on. - The company lacks in services for their clients. - No guidance by the managers, they expect you to know everything already.

Wealth Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Jun 2023

1.0

for Salary and Benefits

Likes

I don't have any likes about this organization

Dislikes

They don't have any business development strategy and worst sales process. There is no career growth, worst KRA policy as you can not make extra money and no appraisals after many years,worst senior management thoughts they are comparing you with animals like parrot, chameleon, tortoise etc. Overall if you have time and options so better to wait and join right brand with right mentor for your career growth and work life balance. Note - Mr. LC will say everything is positive but when you join it's totally negative and worst work environment

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 17 Oct 2023

5.0

for Salary and Benefits

Likes

Friendly colleagues, unbiased HR, knowledgeable seniors. I have worked with Nuvama with good 4 yrs. Culture is very friendly here. Smart formals are allowed.

Dislikes

Extended working hours is the only thing which I disliked

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Nuvama Wealth Management Manager Salary FAQs

What is the salary of Manager at Nuvama Wealth Management Mumbai?

Manager salary at Nuvama Wealth Management in Mumbai ranges between ₹5.7 Lakhs to ₹17.0 Lakhs for experience between 1 years to 14 years. According to our estimates it is 26% less than the average Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Nuvama Wealth Management Mumbai.

How does the salary of a Manager at Nuvama Wealth Management Mumbai compare with the average salary range for this job?

The average salary of a Manager at Nuvama Wealth Management is 26% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Nuvama Wealth Management to a Manager in Mumbai?

Macquarie Group Manager Salary - ₹25.0 Lakhs to ₹33.5 Lakhs per year
Morningstar Manager Salary - ₹15.4 Lakhs to ₹30.0 Lakhs per year
TIAA Global Business Services Manager Salary - ₹14.0 Lakhs to ₹26.5 Lakhs per year
Ocwen Financial Solutions Manager Salary - ₹15.4 Lakhs to ₹33.0 Lakhs per year
Franklin Templeton Investments Manager Salary - ₹11.8 Lakhs to ₹24.0 Lakhs per year

What is the salary of a Manager in companies similar to Nuvama Wealth Management in Mumbai?

Synchrony Manager Salary - ₹9.3 Lakhs to ₹24.0 Lakhs per year
National Stock Exchange of India Manager Salary - ₹8.0 Lakhs to ₹24.0 Lakhs per year
Pine Labs Manager Salary - ₹8.3 Lakhs to ₹21.0 Lakhs per year
ICICI Prudential Mutual Fund Manager Salary - ₹6.5 Lakhs to ₹26.0 Lakhs per year
SBI Cards & Payment Services Manager Salary - ₹7.5 Lakhs to ₹16.0 Lakhs per year

What is the estimated take home salary of a Manager at Nuvama Wealth Management in Mumbai?

The estimated take-home salary of a Manager at Nuvama Wealth Management ranges between ₹86,060 per month to ₹88,314 per month in Mumbai. The take-home salary calculation is based on the average Nuvama Wealth Management Manager salary in India which ranges between ₹5.7 Lakhs to ₹17.0 Lakhs per year for employees with experience between 1 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Manager at Nuvama Wealth Management in Mumbai?

According to AmbitionBox, 75% of the Nuvama Wealth Management Managers in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 8 responses on AmbitionBox in last 2 years.

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Nuvama Wealth Management Manager Salaries in Mumbai

Nuvama Wealth Management Manager salary in Mumbai ranges between ₹5.7 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Nuvama Wealth Management latest salaries received from various employees of Nuvama Wealth Management.