SBI Funds Management Assistant Manager Salaries by 70+ Employees (Updated 2024)

2 - 8 years exp.

₹3.5 Lakhs - ₹7.8 Lakhs

Salary of majority employees

34% less than the average Assistant Manager Salary in Financial Services Companies for 2 - 8 years of experience

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Last Updated: 24 Nov 2024

Companies similar to SBI Funds Management for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Asset Management Company Assistant Manager Salary 1 - 10 years exp. (417 salaries)	₹4 L/yr - ₹10.4 L/yr 23% more
ICICI Prudential Mutual Fund Assistant Manager Salary 0 - 9 years exp. (652 salaries)	₹3 L/yr - ₹7.7 L/yr 4% less
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Nippon Life India Asset Management Assistant Manager Salary 3 - 9 years exp. (53 salaries)	₹3.7 L/yr - ₹8 L/yr 6% more
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (359 salaries)	₹2.1 L/yr - ₹9.5 L/yr 3% more
Kotak Mahindra Asset Management Company Assistant Manager Salary 1 - 6 years exp. (93 salaries)	₹2.2 L/yr - ₹7.3 L/yr 19% less
Axis Asset Management Company Assistant Manager Salary 1 - 10 years exp. (43 salaries)	₹3.5 L/yr - ₹8 L/yr 6% more
DSP Investment Managers Assistant Manager Salary 1 - 9 years exp. (42 salaries)	₹5 L/yr - ₹12.5 L/yr 28% more
Franklin Templeton Investments Assistant Manager Salary 6 - 15 years exp. (133 salaries)	₹5.2 L/yr - ₹22.8 L/yr 137% more
UTI Asset Management Company Assistant Manager Salary 1 - 7 years exp. (81 salaries)	₹3.9 L/yr - ₹9 L/yr 10% more
Axis Bank Assistant Manager Salary 0 - 10 years exp. (15.1k salaries)	₹1.8 L/yr - ₹5.9 L/yr 27% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.7k salaries)	₹1.1 L/yr - ₹5 L/yr 36% less
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ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.2k salaries)	₹1.8 L/yr - ₹6 L/yr 27% less
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.4k salaries)	₹1.8 L/yr - ₹7.7 L/yr 31% less
Yes Bank Assistant Manager Salary 0 - 11 years exp. (3.5k salaries)	₹2.1 L/yr - ₹7 L/yr 18% less
TCS Assistant Manager Salary 4 - 20 years exp. (6.4k salaries)	₹4.4 L/yr - ₹16.7 L/yr 89% more
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (2.3k salaries)	₹1.5 L/yr - ₹6.3 L/yr 31% less
Bandhan Bank Assistant Manager Salary 0 - 12 years exp. (2.3k salaries)	₹1.8 L/yr - ₹5.6 L/yr 31% less
IDFC FIRST Bank Assistant Manager Salary 0 - 11 years exp. (1.6k salaries)	₹2.3 L/yr - ₹7 L/yr 12% less
Bank of America Assistant Manager Salary 2 - 18 years exp. (1.9k salaries)	₹7 L/yr - ₹26 L/yr 201% more	4 job openings
Standard Chartered Assistant Manager Salary 2 - 18 years exp. (905 salaries)	₹5.1 L/yr - ₹18 L/yr 112% more	6 job openings

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Assistant Manager salary at SBI Funds Management ranges between ₹3.5 Lakhs to ₹7.8 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 75 latest salaries received from various employees of SBI Funds Management.

Experience wise SBI Funds Management Assistant Manager salaries

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
2 years (9 salaries)	₹4 L/yr - ₹7 L/yr
3 years (16 salaries)	₹3.5 L/yr - ₹6 L/yr
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4 years (16 salaries)	₹3.5 L/yr - ₹7.2 L/yr
5 years (12 salaries)	₹4.2 L/yr - ₹7.3 L/yr
6 years (10 salaries)	₹4.5 L/yr - ₹7.8 L/yr
7 years (5 salaries)	₹4.5 L/yr - ₹6.5 L/yr
8 years (7 salaries)	₹4.3 L/yr - ₹7.2 L/yr

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Similar Designation salaries in SBI Funds Management

Operations Manager Salary

(3 salaries)

₹2.2 L/yr - ₹2.5 L/yr

Team Manager Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Branch Manager Salary

(3 salaries)

₹6.74 L/yr - ₹10.5 L/yr

Deputy Manager Salary

(41 salaries)

₹4.3 L/yr - ₹9 L/yr

Sales Manager Salary

(3 salaries)

₹6.8 L/yr - ₹10 L/yr

Relationship Manager Salary

(20 salaries)

₹2.45 L/yr - ₹6 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Operations Executive Salary

(6 salaries)

₹1.15 L/yr - ₹3 L/yr

Customer Care Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Customer Service Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 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

3.9

Rated by 2 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.

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

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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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Funds Management Assistant Manager Salary FAQs

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

Assistant Manager salary at SBI Funds Management in India ranges between ₹3.5 Lakhs to ₹7.8 Lakhs for experience between 2 years to 8 years. According to our estimates it is 34% less than the average Assistant Manager Salary in India. Salary estimates are based on 75 latest salaries received from various employees of SBI Funds Management India.

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

The average salary of a Assistant Manager at SBI Funds Management is 34% 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 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 India.

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

Synechron Assistant Manager Salary - ₹9.4 Lakhs to ₹33.0 Lakhs per year
Bank of America Assistant Manager Salary - ₹7.0 Lakhs to ₹26.0 Lakhs per year
Barclays Assistant Manager Salary - ₹6.7 Lakhs to ₹25.0 Lakhs per year
Franklin Templeton Investments Assistant Manager Salary - ₹5.2 Lakhs to ₹22.8 Lakhs per year
Standard Chartered Assistant Manager Salary - ₹5.1 Lakhs to ₹18.0 Lakhs per year

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

TCS Assistant Manager Salary - ₹4.4 Lakhs to ₹16.7 Lakhs per year
Deutsche Bank Assistant Manager Salary - ₹4.4 Lakhs to ₹15.6 Lakhs per year
Infosys BPM Assistant Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
DSP Investment Managers Assistant Manager Salary - ₹5.0 Lakhs to ₹12.5 Lakhs per year
HDFC Asset Management Company Assistant Manager Salary - ₹4.0 Lakhs to ₹10.4 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at SBI Funds Management ranges between ₹41,543 per month to ₹42,686 per month in India. The take-home salary calculation is based on the average SBI Funds Management Assistant Manager salary in India which ranges between ₹3.5 Lakhs to ₹7.8 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?

According to AmbitionBox, 50% of the SBI Funds Management Assistant Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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SBI Funds Management Assistant Manager Salaries

SBI Funds Management Assistant Manager salary in India ranges between ₹3.5 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 75 SBI Funds Management latest salaries received from various employees of SBI Funds Management.