SBI Funds Management Mumbai Assistant Manager Salaries by 10+ Employees (Updated 2025)

2 - 8 years exp.

₹3.6 Lakhs - ₹7.2 Lakhs

Salary of majority employees

28% less than the average Assistant Manager Salary in Financial Services Companies for 2 - 8 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 2 - 4 years exp. (4 salaries)	₹5 L/yr - ₹5.8 L/yr
Legal & Regulatory Assistant Manager Salary 3 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹6.5 L/yr
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Human Resources Assistant Manager Salary 7 - 8 years exp. (3 salaries)	₹6.5 L/yr - ₹7.2 L/yr
BFSI, Investments & Trading Assistant Manager Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6 L/yr
Marketing & Communication Assistant Manager Salary 2 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹6.4 L/yr

Last Updated: 23 Aug 2024

Companies similar to SBI Funds Management for Assistant Manager in Mumbai

SBI Funds Management Assistant Manager Salary

2 - 8 years exp. (16 salaries)

₹3.6 L/yr - ₹7.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Asset Management Company Assistant Manager Salary 1 - 8 years exp. (75 salaries)	₹4 L/yr - ₹10 L/yr 18% more
ICICI Prudential Mutual Fund Assistant Manager Salary 0 - 9 years exp. (242 salaries)	₹3.5 L/yr - ₹7.7 L/yr 10% less
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Nippon Life India Asset Management Assistant Manager Salary 3 - 9 years exp. (19 salaries)	₹5 L/yr - ₹8 L/yr 4% more
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (219 salaries)	₹3 L/yr - ₹9.5 L/yr 5% less
Kotak Mahindra Asset Management Company Assistant Manager Salary 1 - 7 years exp. (35 salaries)	₹2.4 L/yr - ₹7 L/yr 22% less
Axis Asset Management Company Assistant Manager Salary 1 - 10 years exp. (16 salaries)	₹3.6 L/yr - ₹8 L/yr 2% more
DSP Investment Managers Assistant Manager Salary 1 - 9 years exp. (24 salaries)	₹5 L/yr - ₹13 L/yr 40% more
Franklin Templeton Investments Assistant Manager Salary 6 - 14 years exp. (9 salaries)	₹6.5 L/yr - ₹20.8 L/yr 123% more
UTI Asset Management Company Assistant Manager Salary 1 - 5 years exp. (30 salaries)	₹4.2 L/yr - ₹12 L/yr 22% more
Idfc Asset Management Company Assistant Manager Salary 3 - 10 years exp. (3 salaries)	₹5 L/yr - ₹8 L/yr 34% more
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (3.5k salaries)	₹1 L/yr - ₹5 L/yr 42% less
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Axis Bank Assistant Manager Salary 0 - 10 years exp. (2.5k salaries)	₹1.8 L/yr - ₹6 L/yr 32% less	2 job openings
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	₹2 L/yr - ₹6 L/yr 32% less
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (1.6k salaries)	₹1.8 L/yr - ₹7 L/yr 35% less
TCS Assistant Manager Salary 5 - 20 years exp. (970 salaries)	₹4.8 L/yr - ₹16.1 L/yr 77% more
Yes Bank Assistant Manager Salary 0 - 11 years exp. (851 salaries)	₹2.4 L/yr - ₹6.5 L/yr 24% less	1 job opening
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (580 salaries)	₹1.5 L/yr - ₹6.2 L/yr 36% less	1 job opening
IDFC FIRST Bank Assistant Manager Salary 0 - 11 years exp. (542 salaries)	₹2.3 L/yr - ₹6.6 L/yr 18% less
AU Small Finance Bank Assistant Manager Salary 0 - 12 years exp. (180 salaries)	₹2.6 L/yr - ₹7 L/yr 21% less
Bank of America Assistant Manager Salary 2 - 18 years exp. (163 salaries)	₹8 L/yr - ₹24.5 L/yr 208% more	7 job openings

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Assistant Manager salary at SBI Funds Management ranges between ₹3.6 Lakhs to ₹7.2 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 16 latest salaries received from various employees of SBI Funds Management.

Experience wise SBI Funds Management Assistant Manager salaries in Mumbai

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹5 L/yr - ₹6.4 L/yr
3 years (3 salaries)	₹3.6 L/yr - ₹10.8 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹10.8 L/yr
5 years (3 salaries)	₹4.5 L/yr - ₹10.7 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7.2 L/yr

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Similar Designation salaries in SBI Funds Management

Deputy Manager Salary

(3 salaries)

₹5.35 L/yr - ₹7.5 L/yr

Top skills at SBI Funds Management for Assistant Manager

Channel Sales Taxation Relationship Building Channel Development Law

Salary related reviews for SBI Funds Management

2.0

Rated by 1 employees for salary & benefits

Assistant Manager in Mumbai

Full Time

Risk Management & Compliance Department

2.0

• posted on 02 Oct 2023

2.0

for Salary and Benefits

Likes

Apart from other teams sympathizing with you, there is nothing worth it in this place. If you want to survive without issues make sure you come with a reference. If you are a person who won't butter the seniors even if they are being unreasonable and can be happy even if others make fun of you and if you think you don't need to be like a fish market and just work bcoz your work will speak for you, never join this place its typical SBI, unless you are old and don't want to work and just survive doing the bare minimum and licking the bosses boots this is the place for you.

Dislikes

everything, if you are not a Bose is always right even if the Bose is stupid, you will suffer greatly, the HRs are so not there to even provide 10% help to employees. I suffer for a year had to work without confirmation and no benefits all because I don't show my face to the head of our dept. 6 times a day and say good morning and good evening ma'am I am leaving for the day or I will not be coming tomorrow maam coz xyz reason, despite the fact I literay have no work with the HOD and my immediate reporting manager is updated yet the all coz I wasnt able to satisfy the ego of the HOD had to be exploited with less salary and no confirmtion for a year.

Salary - Poor

+6 more

Assistant Manager in Vijayawada

Full Time

Sales & Business Development Department

5.0

• posted on 15 Apr 2023

3.0

for Salary and Benefits

Likes

Management is looking to grow with fast pace In this financial year they are targeting to reach 10 lakh crore AUM...with that view they working and making us working which is the good thing

Skill development - Excellent

+5 more

Dislikes

Nothing particular dislikes. But one thing I would like to say is when Boss is Good every thing will be good in this job but when superior is the person whom we cant bear job will be terrible thing. In that sense im the lucky one to have sportive person's.

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SBI Funds Management Assistant Manager Salary FAQs

What is the salary of Assistant Manager at SBI Funds Management Mumbai?

Assistant Manager salary at SBI Funds Management in Mumbai ranges between ₹3.6 Lakhs to ₹7.2 Lakhs for experience between 2 years to 8 years. According to our estimates it is 28% less than the average Assistant Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of SBI Funds Management Mumbai.

How does the salary of a Assistant Manager at SBI Funds Management Mumbai compare with the average salary range for this job?

The average salary of a Assistant Manager at SBI Funds Management is 28% less than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at SBI Funds Management?

Channel Sales, Taxation, Relationship Building, Channel Development and Law are some of the popular skills required to work as a Assistant Manager at SBI Funds Management Mumbai.

Which similar companies are paying more than SBI Funds Management to a Assistant Manager in Mumbai?

Synechron Assistant Manager Salary - ₹23.0 Lakhs to ₹30.0 Lakhs per year
Bank of America Assistant Manager Salary - ₹8.0 Lakhs to ₹24.5 Lakhs per year
Mphasis Assistant Manager Salary - ₹6.0 Lakhs to ₹22.0 Lakhs per year
Franklin Templeton Investments Assistant Manager Salary - ₹6.5 Lakhs to ₹20.8 Lakhs per year
Standard Chartered Assistant Manager Salary - ₹5.0 Lakhs to ₹17.8 Lakhs per year

What is the salary of a Assistant Manager in companies similar to SBI Funds Management in Mumbai?

TCS Assistant Manager Salary - ₹4.8 Lakhs to ₹16.1 Lakhs per year
Deutsche Bank Assistant Manager Salary - ₹3.6 Lakhs to ₹14.6 Lakhs per year
DSP Investment Managers Assistant Manager Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year
Idfc Asset Management Company Assistant Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
UTI Asset Management Company Assistant Manager Salary - ₹4.2 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager at SBI Funds Management in Mumbai?

The estimated take-home salary of a Assistant Manager at SBI Funds Management ranges between ₹45,296 per month to ₹46,383 per month in Mumbai. The take-home salary calculation is based on the average SBI Funds Management Assistant Manager salary in India which ranges between ₹3.6 Lakhs to ₹7.2 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at SBI Funds Management in Mumbai?

According to AmbitionBox, 50% of the SBI Funds Management Assistant Managers in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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SBI Funds Management Assistant Manager Salaries in Mumbai

SBI Funds Management Assistant Manager salary in Mumbai ranges between ₹3.6 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 SBI Funds Management latest salaries received from various employees of SBI Funds Management.