SBI Funds Management Manager Salaries by 5 Employees (Updated 2024)

4 - 19 years exp.

₹7.6 Lakhs - ₹11.5 Lakhs

Salary of majority employees

33% less than the average Manager Salary in Financial Services Companies for 4 - 19 years of experience

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Last Updated: 28 Oct 2023

Companies similar to SBI Funds Management for Manager in BFSI, Investments & Trading department

Company name	Avg Annual Salary	Open Jobs
HDFC Asset Management Company Manager Salary 3 - 10 years exp. (157 salaries)	₹5 L/yr - ₹15.1 L/yr 1% more
ICICI Prudential Mutual Fund Manager Salary 2 - 14 years exp. (132 salaries)	₹6.5 L/yr - ₹19.9 L/yr 39% more
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Nippon Life India Asset Management Manager Salary 6 - 13 years exp. (41 salaries)	₹6.8 L/yr - ₹17 L/yr 14% more
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Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (5.4k salaries)	₹4 L/yr - ₹12 L/yr 18% less
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ICICI Bank Manager Salary 0 - 18 years exp. (4.7k salaries)	₹5.5 L/yr - ₹18 L/yr 24% more
Yes Bank Manager Salary 0 - 17 years exp. (2.6k salaries)	₹4.3 L/yr - ₹13.5 L/yr 9% less
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Standard Chartered Manager Salary 2 - 20 years exp. (2k salaries)	₹7 L/yr - ₹28 L/yr 76% more	17 job openings
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Deutsche Bank Manager Salary 7 - 16 years exp. (770 salaries)	₹6 L/yr - ₹23 L/yr 37% more
TCS Manager Salary 7 - 21 years exp. (2.3k salaries)	₹6.9 L/yr - ₹29 L/yr 75% more
Bandhan Bank Manager Salary 1 - 16 years exp. (634 salaries)	₹3.5 L/yr - ₹12.3 L/yr 21% less
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Manager salary at SBI Funds Management ranges between ₹7.6 Lakhs to ₹11.5 Lakhs per year for employees with experience between 4 years to 19 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Funds Management.

Experience wise SBI Funds Management Manager salaries in BFSI, Investments & Trading department

Last Updated: 28 Oct 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹16.7 L/yr
5 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
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6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
8 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹17.2 L/yr
9 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.3 L/yr
10 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
11 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
12 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹11.5 L/yr
13 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
14 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
15+ years (AmbitionBox Estimate)	₹8 L/yr - ₹18.3 L/yr

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Similar Designation salaries in SBI Funds Management

Deputy Manager Salary

(41 salaries)

₹4.3 L/yr - ₹9 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹6.2 L/yr - ₹7.9 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Assistant Vice President Salary

(6 salaries)

₹20.5 L/yr - ₹45 L/yr

Salary related reviews for SBI Funds Management

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 Manager Salary FAQs

What is the salary of Manager at SBI Funds Management in BFSI, Investments & Trading department?

Manager salary at SBI Funds Management in BFSI, Investments & Trading department in India ranges between ₹7.6 Lakhs to ₹11.5 Lakhs for experience between 4 years to 19 years. According to our estimates it is 33% less than the average Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Funds Management India in BFSI, Investments & Trading department.

How does the salary of a Manager at SBI Funds Management India in BFSI, Investments & Trading department compare with the average salary range for this job?

The average salary of a Manager at SBI Funds Management in BFSI, Investments & Trading department is 33% less than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Funds Management to a Manager in BFSI, Investments & Trading department in India?

Bank of America Manager Salary - ₹13.0 Lakhs to ₹37.0 Lakhs per year
IBM Manager Salary - ₹10.0 Lakhs to ₹36.1 Lakhs per year
Franklin Templeton Investments Manager Salary - ₹11.8 Lakhs to ₹32.2 Lakhs per year
Synechron Manager Salary - ₹9.3 Lakhs to ₹33.0 Lakhs per year
Standard Chartered Manager Salary - ₹7.0 Lakhs to ₹28.0 Lakhs per year

What is the salary of a Manager in BFSI, Investments & Trading department in companies similar to SBI Funds Management in India?

TCS Manager Salary - ₹6.9 Lakhs to ₹29.0 Lakhs per year
Barclays Manager Salary - ₹7.3 Lakhs to ₹26.5 Lakhs per year
DSP Investment Managers Manager Salary - ₹8.8 Lakhs to ₹27.0 Lakhs per year
ICICI Prudential Mutual Fund Manager Salary - ₹6.5 Lakhs to ₹19.9 Lakhs per year
Deutsche Bank Manager Salary - ₹6.0 Lakhs to ₹23.0 Lakhs per year

What is the estimated take home salary of a Manager in BFSI, Investments & Trading department at SBI Funds Management in India?

The estimated take-home salary of a Manager in BFSI, Investments & Trading department at SBI Funds Management ranges between ₹69,913 per month to ₹71,710 per month in India. The take-home salary calculation is based on the average SBI Funds Management Manager salary in India which ranges between ₹7.6 Lakhs to ₹11.5 Lakhs per year for employees with experience between 4 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Manager in BFSI, Investments & Trading department at SBI Funds Management?

According to AmbitionBox, 100% of the SBI Funds Management Managers in BFSI, Investments & Trading department reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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SBI Funds Management Manager Salaries in BFSI, Investments & Trading

SBI Funds Management Manager salary in BFSI, Investments & Trading department in India ranges between ₹7.6 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI Funds Management latest salaries received from various employees of SBI Funds Management.

SBI Funds Management Manager salaries in BFSI, Investments & Trading in India