Nippon Life India Asset Management Assistant Manager Salaries by 50+ Employees (Updated 2025)

3 - 9 years exp.

₹3.7 Lakhs - ₹8 Lakhs

Salary of majority employees

27% less than the average Assistant Manager Salary in Financial Services Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 3 - 9 years exp. (14 salaries)	₹4.3 L/yr - ₹7.5 L/yr
Customer Success, Service & Operations Assistant Manager Salary 5 - 9 years exp. (9 salaries)	₹5.3 L/yr - ₹8 L/yr
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Finance & Accounting Assistant Manager Salary 3 - 6 years exp. (7 salaries)	₹4 L/yr - ₹7 L/yr
Marketing & Communication Assistant Manager Salary 3 - 7 years exp. (6 salaries)	₹3.7 L/yr - ₹6 L/yr
Sales & Business Development Assistant Manager Salary 3 - 6 years exp. (5 salaries)	₹4.3 L/yr - ₹8 L/yr

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Last Updated: 25 Jan 2025

Companies similar to Nippon Life India Asset Management for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Asset Management Company Assistant Manager Salary 1 - 8 years exp. (390 salaries)	₹4 L/yr - ₹10.6 L/yr 10% more
ICICI Prudential Mutual Fund Assistant Manager Salary 0 - 9 years exp. (677 salaries)	₹3 L/yr - ₹7.7 L/yr 14% less
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SBI Funds Management Assistant Manager Salary 2 - 8 years exp. (73 salaries)	₹3.5 L/yr - ₹7.8 L/yr 12% less
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (381 salaries)	₹2.1 L/yr - ₹9.5 L/yr 8% less
UTI Asset Management Company Assistant Manager Salary 1 - 4 years exp. (95 salaries)	₹3.5 L/yr - ₹12.6 L/yr 15% more
Kotak Securities Assistant Manager Salary 0 - 7 years exp. (2.2k salaries)	₹1.6 L/yr - ₹5 L/yr 45% less	6 job openings
ICICI Securities Assistant Manager Salary 0 - 8 years exp. (688 salaries)	₹2.6 L/yr - ₹7 L/yr 24% less
Macquarie Group Assistant Manager Salary 4 - 12 years exp. (660 salaries)	₹11.8 L/yr - ₹30 L/yr 257% more
SBI Cards & Payment Services Assistant Manager Salary 0 - 16 years exp. (623 salaries)	₹3.7 L/yr - ₹11 L/yr 22% more	12 job openings
Edelweiss Assistant Manager Salary 0 - 9 years exp. (364 salaries)	₹3.5 L/yr - ₹14.7 L/yr 32% more
Pine Labs Assistant Manager Salary 4 - 12 years exp. (395 salaries)	₹2.8 L/yr - ₹12.5 L/yr 14% more
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Axis Direct Assistant Manager Salary 0 - 16 years exp. (259 salaries)	₹2 L/yr - ₹8 L/yr 7% less
CAMS Assistant Manager Salary 7 - 18 years exp. (198 salaries)	₹3.5 L/yr - ₹8.9 L/yr 9% less
Ocwen Financial Solutions Assistant Manager Salary 6 - 17 years exp. (178 salaries)	₹8.5 L/yr - ₹25 L/yr 138% more	1 job opening
Franklin Templeton Investments Assistant Manager Salary 6 - 15 years exp. (134 salaries)	₹5.7 L/yr - ₹24 L/yr 118% more
Fidelity International Assistant Manager Salary 6 - 16 years exp. (135 salaries)	₹10.1 L/yr - ₹26.6 L/yr 182% more	2 job openings
Sharekhan Assistant Manager Salary 0 - 12 years exp. (133 salaries)	₹1.8 L/yr - ₹8.3 L/yr 14% less
National Stock Exchange of India Assistant Manager Salary 0 - 7 years exp. (128 salaries)	₹4 L/yr - ₹11.4 L/yr 3% more
Bajaj Capital Assistant Manager Salary 0 - 11 years exp. (97 salaries)	₹1.8 L/yr - ₹7.9 L/yr 23% less	17 job openings
Sun Life Financial Assistant Manager Salary 9 - 14 years exp. (60 salaries)	₹8.6 L/yr - ₹22.2 L/yr 163% more

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Assistant Manager salary at Nippon Life India Asset Management ranges between ₹3.7 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 53 latest salaries received from various employees of Nippon Life India Asset Management.

Experience wise Nippon Life India Asset Management Assistant Manager salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
3 years (10 salaries)	₹3.7 L/yr - ₹7.5 L/yr
4 years (10 salaries)	₹4.3 L/yr - ₹7 L/yr
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5 years (10 salaries)	₹4.3 L/yr - ₹8 L/yr
6 years (8 salaries)	₹4.6 L/yr - ₹7.4 L/yr
7 years (10 salaries)	₹3.9 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹11.4 L/yr
9 years (4 salaries)	₹5.8 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Nippon Life India Asset Management

Department Manager Salary

(4 salaries)

₹2.8 L/yr - ₹14 L/yr

Assistant Branch Manager Salary

(5 salaries)

₹5 L/yr - ₹6.5 L/yr

Operations Manager Salary

(5 salaries)

₹6 L/yr - ₹17.83 L/yr

Team Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹6.9 L/yr - ₹8.9 L/yr

Branch Manager Salary

(32 salaries)

₹5.1 L/yr - ₹11.5 L/yr

Deputy Manager Salary

(46 salaries)

₹4.5 L/yr - ₹11.33 L/yr

Sales Manager Salary

(4 salaries)

₹2 L/yr - ₹7 L/yr

Relationship Manager Salary

(106 salaries)

₹2.5 L/yr - ₹11.2 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Top skills at Nippon Life India Asset Management for Assistant Manager

Mutual Funds Operations Management Operations Amc Strategic Alliances

Salary related reviews for Nippon Life India Asset Management

4.0

Rated by 27 employees for salary & benefits

Relationship Manager

BFSI, Investments & Trading Department

4.0

• posted on 01 Dec 2019

3.0

for Salary and Benefits

Likes

Good and innovative, High work load, average pay, polictics, good at learning and training

Skill development - Excellent

+4 more

Dislikes

Some old stuff and Boss favroiteee get benifits that makes worng person at right place, which reduce and degrade the talents of subordinates

Work-life balance - Poor

Service Executive in Mathura

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 10 Dec 2023

3.0

for Salary and Benefits

Likes

Good work life balance due to Saturday and Sunday is off,Amc focus on employees learning. Superior is helpful to subordinate like family.

Skill development - Excellent

+4 more

Dislikes

Major drawback is 3party pay role and less chance for employees to get on role due to offroll salary package is less.

Relationship Manager in Jamshedpur

Full Time

Sales & Business Development Department

5.0

• posted on 08 Dec 2023

5.0

for Salary and Benefits

Likes

Working at Nippon India life Asset Management ltd .Offers an environment that fosters professional growth, collaboration, and a commitment to excellence. The organizations dedication to innovation, coupled with a culture that values diversity and continuous learning, creates a stimulating and rewarding workplace. The emphasis on client-centric solutions and the opportunity to contribute to the company's mission while working alongside talented individuals are aspects that I find particularly enriching and fulfilling.

Salary - Excellent

+6 more

Senior Manager in Mumbai

Full Time

Other Department

5.0

• posted on 01 Dec 2023

5.0

for Salary and Benefits

Likes

Very proud of Nippon Life Asset Management Limited and to be a part of its workforce. A structured organization but boundaries eased out to address any work, health concerns. An organisation that's "into" you and upholds its workforce as a fabric of its existence. IJPs, webinars on mental health, mentoring programmes, management training programmes it's like they have a basketful. Overall it is a great place to work. Being employee centric is its greatest USP. May its tribe increase.

Salary - Excellent

+6 more

Dislikes

This question really got me thinking :) what can you dislike about an organisation that values you, your family, your growth, your happiness. The list is endless. I consider it a blessing to be working with NLIAM.

Service Executive in Ranchi

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 17 Nov 2023

5.0

for Salary and Benefits

Likes

First of all, I would like to thank to the company for giving me this opportunity to build my bright carrier in it. I am very happy for being in this company as it uplifts my skill and help maintain good work life balance in my life. The environment is really progressive and encouraging in the office. I have learnt a lot and certainly will learn new things in the future and help contribute to the company to my best.

Salary - Excellent

+6 more

Dislikes

There is not much dislikes but their can be some improvement in communication methods with customers. for example a separate mobile phone or telephone should be installed in the office.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Nippon Life India Asset Management Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Nippon Life India Asset Management?

Assistant Manager salary at Nippon Life India Asset Management in India ranges between ₹3.7 Lakhs to ₹8.0 Lakhs for experience between 3 years to 9 years. According to our estimates it is 27% less than the average Assistant Manager Salary in India. Salary estimates are based on 53 latest salaries received from various employees of Nippon Life India Asset Management India.

How does the salary of a Assistant Manager at Nippon Life India Asset Management India compare with the average salary range for this job?

The average salary of a Assistant Manager at Nippon Life India Asset Management is 27% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at Nippon Life India Asset Management?

Mutual Funds, Operations Management, Operations, Amc and Strategic Alliances are some of the popular skills required to work as a Assistant Manager at Nippon Life India Asset Management India.

Which similar companies are paying more than Nippon Life India Asset Management to a Assistant Manager in India?

London Stock Exchange Group Assistant Manager Salary - ₹10.1 Lakhs to ₹33.0 Lakhs per year
Macquarie Group Assistant Manager Salary - ₹11.8 Lakhs to ₹30.0 Lakhs per year
Morningstar Assistant Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year
Fidelity International Assistant Manager Salary - ₹10.1 Lakhs to ₹26.6 Lakhs per year
TIAA Global Business Services Assistant Manager Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Nippon Life India Asset Management in India?

Ameriprise Financial Assistant Manager Salary - ₹14.0 Lakhs to ₹19.8 Lakhs per year
Sun Life Financial Assistant Manager Salary - ₹8.6 Lakhs to ₹22.2 Lakhs per year
Ocwen Financial Solutions Assistant Manager Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
Franklin Templeton Investments Assistant Manager Salary - ₹5.7 Lakhs to ₹24.0 Lakhs per year
Apex Group Assistant Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Nippon Life India Asset Management in India?

The estimated take-home salary of a Assistant Manager at Nippon Life India Asset Management ranges between ₹47,099 per month to ₹48,215 per month in India. The take-home salary calculation is based on the average Nippon Life India Asset Management Assistant Manager salary in India which ranges between ₹3.7 Lakhs to ₹8.0 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Nippon Life India Asset Management?

According to AmbitionBox, 68% of the Nippon Life India Asset Management Assistant Managers 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 37 responses on AmbitionBox in last 2 years.

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Nippon Life India Asset Management Assistant Manager Salaries

Nippon Life India Asset Management Assistant Manager salary in India ranges between ₹3.7 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 53 Nippon Life India Asset Management latest salaries received from various employees of Nippon Life India Asset Management.

Nippon Life India Asset Management Assistant Manager salaries in India (Updated 2025)

Companies similar to Nippon Life India Asset Management for Assistant Manager

Latest annual salaries shared by Nippon Life India Asset Management Assistant Manager

Experience wise Nippon Life India Asset Management Assistant Manager salaries

Similar Designation salaries in Nippon Life India Asset Management

Top skills at Nippon Life India Asset Management for Assistant Manager

Salary related reviews for Nippon Life India Asset Management

Relationship Manager

Service Executive in Mathura

Relationship Manager in Jamshedpur

Senior Manager in Mumbai

Service Executive in Ranchi

Nippon Life India Asset Management Assistant Manager Salary FAQs

Tell us how to improve this page.

Nippon Life India Asset Management Assistant Manager Salaries by Location