SBI Funds Management Mumbai Salaries by 100+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Deputy Vice President 16 - 22 years exp. · Mumbai (6 salaries)	Unlock ₹29.1 L/yr - ₹45 L/yr
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HR Manager 6 - 10 years exp. · Mumbai (5 salaries)	Unlock ₹11 L/yr - ₹12.5 L/yr
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Manager Internal Audit 3 - 11 years exp. · Mumbai (4 salaries)	Unlock ₹5 L/yr - ₹19 L/yr
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Deputy Manager 7 - 10 years exp. · Mumbai (3 salaries)	Unlock ₹5.4 L/yr - ₹7.5 L/yr
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HR Business Partner 5 - 11 years exp. · Mumbai (3 salaries)	Unlock ₹12 L/yr - ₹22 L/yr
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Senior Product Manager 11 - 13 years exp. · Mumbai (3 salaries)	Unlock ₹23 L/yr - ₹32 L/yr
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Assistant Vice President Corporate Communication 16 - 18 years exp. · Mumbai (3 salaries)	Unlock ₹31 L/yr - ₹37 L/yr
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Investment Associate 6 - 8 years exp. · Mumbai (AmbitionBox Estimate)	Unlock ₹27 L/yr - ₹34.5 L/yr
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Assistant Vice President 20 - 21 years exp. · Mumbai (AmbitionBox Estimate)	Unlock ₹20.5 L/yr - ₹45 L/yr
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Front Office Executive 11 - 12 years exp. · Mumbai (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.7 L/yr
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AVP 12 - 17 years exp. · Mumbai (AmbitionBox Estimate)	Unlock ₹21.4 L/yr - ₹27.3 L/yr
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DVP 14 - 19 years exp. · Mumbai (AmbitionBox Estimate)	Unlock ₹47.5 L/yr - ₹52.5 L/yr
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Relationship Manager 1 - 5 years exp. · Mumbai (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹5.4 L/yr
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Product Manager 3 - 5 years exp. · Mumbai (AmbitionBox Estimate)	Unlock ₹15.8 L/yr - ₹20.1 L/yr
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HR Executive 5 - 8 years exp. · Mumbai (AmbitionBox Estimate)	Unlock ₹4.1 L/yr - ₹5.2 L/yr
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Risk Manager 4 - 5 years exp. · Mumbai (AmbitionBox Estimate)	Unlock ₹16.2 L/yr - ₹20.7 L/yr
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Assistant Vice President Technology 24 - 25 years exp. · Mumbai (AmbitionBox Estimate)	Unlock ₹41.8 L/yr - ₹53.5 L/yr
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Industrial Trainee 3 years exp. · Mumbai (AmbitionBox Estimate)	Unlock ₹10.8 L/yr - ₹13.8 L/yr
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Associate Vice President 14 years exp. · Mumbai (AmbitionBox Estimate)	Unlock ₹32.4 L/yr - ₹41.4 L/yr
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Accounts & Finance Manager 8 years exp. · Mumbai (AmbitionBox Estimate)	Unlock ₹9.5 L/yr - ₹12.1 L/yr
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2w (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... read more

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Salary related reviews for SBI Funds Management

3.2

Rated by 7 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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SBI Funds Management Salary FAQs

How much does SBI Funds Management pay per year?

The average SBI Funds Management salary ranges from approximately ₹2 Lakhs to ₹2.6 Lakhs per year for a Office Assistant and ₹29.1 Lakhs to ₹45 Lakhs per year for a Deputy Vice President. Salary estimates are based on 103 SBI Funds Management salaries received from various employees of SBI Funds Management. SBI Funds Management employees rate the overall salary and benefits package 3.2/5 stars.

What is the highest salary in SBI Funds Management?

The highest-paying job at SBI Funds Management is a Deputy Vice President with a salary of ₹29.1 Lakhs to ₹45 Lakhs per year. The top 10% of employees earn more than ₹25 lakhs per year. The top 1% earn more than a whopping ₹49.44 lakhs per year.

What is the minimum salary in SBI Funds Management?

Minimum salary at SBI Funds Management depends on the role you are applying for. For Operations Executive the minimum salary is ₹1.2 Lakh to ₹3 Lakhs per year, and for Customer Service Executive the minimum salary is ₹1.4 Lakh to ₹3 Lakhs per year and so on.

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

According to AmbitionBox, 80% of the SBI Funds Management employees in Mumbai reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 45 responses on AmbitionBox in last 2 years.

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Average annual salary in SBI Funds Management , Mumbai is INR . Salary estimates are based on 103 SBI Funds Management latest salaries received from various employees of SBI Funds Management.