SBI Funds Management Senior Manager Salaries by 9 Employees (Updated 2025)

6 - 19 years exp.

₹11.5 Lakhs - ₹20.1 Lakhs

Salary of majority employees

23% less than the average Senior Manager Salary in Financial Services Companies for 6 - 19 years of experience

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Salaries in different departments

Sales & Business Development Senior Manager Salary 10 - 19 years exp. (5 salaries)	₹12.5 L/yr - ₹20.1 L/yr
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BFSI, Investments & Trading Senior Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹16.7 L/yr

Last Updated: 8 Feb 2025

Companies similar to SBI Funds Management for Senior Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Asset Management Company Senior Manager Salary 7 - 16 years exp. (62 salaries)	₹9.8 L/yr - ₹23 L/yr 7% less
ICICI Prudential Mutual Fund Senior Manager Salary 5 - 17 years exp. (66 salaries)	₹12 L/yr - ₹30 L/yr 30% more
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Nippon Life India Asset Management Senior Manager Salary 7 - 20 years exp. (42 salaries)	₹10.5 L/yr - ₹23.8 L/yr 7% less
Aditya Birla Health Insurance Co Senior Manager Salary 2 - 14 years exp. (140 salaries)	₹3 L/yr - ₹15.5 L/yr 47% less
Kotak Mahindra Asset Management Company Senior Manager Salary 8 - 18 years exp. (10 salaries)	₹10 L/yr - ₹19 L/yr 23% less
Axis Asset Management Company Senior Manager Salary 8 - 18 years exp. (18 salaries)	₹10 L/yr - ₹25 L/yr 6% more
DSP Investment Managers Senior Manager Salary 9 - 11 years exp. (6 salaries)	₹15.6 L/yr - ₹35.1 L/yr 38% more
Franklin Templeton Investments Senior Manager Salary 13 - 20 years exp. (27 salaries)	₹15 L/yr - ₹42 L/yr 72% more
UTI Asset Management Company Senior Manager Salary 4 - 7 years exp. (5 salaries)	₹4 L/yr - ₹7.5 L/yr 60% less
Idfc Asset Management Company Senior Manager Salary 5 - 11 years exp. (16 salaries)	₹8 L/yr - ₹21 L/yr 16% less
HDFC Bank Senior Manager Salary 4 - 21 years exp. (6.1k salaries)	₹8 L/yr - ₹24 L/yr 9% less
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Axis Bank Senior Manager Salary 2 - 21 years exp. (5.2k salaries)	₹8 L/yr - ₹28 L/yr 3% less	2 job openings
Genpact Senior Manager Salary 8 - 22 years exp. (3.8k salaries)	₹10.4 L/yr - ₹35.2 L/yr 30% more
Kotak Mahindra Bank Senior Manager Salary 1 - 19 years exp. (3.5k salaries)	₹5.3 L/yr - ₹19.1 L/yr 25% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (2.4k salaries)	₹5.9 L/yr - ₹22 L/yr 25% less
Standard Chartered Senior Manager Salary 6 - 21 years exp. (1.8k salaries)	₹13.3 L/yr - ₹46.1 L/yr 71% more
ICICI Bank Senior Manager Salary 1 - 19 years exp. (1.7k salaries)	₹8.4 L/yr - ₹28 L/yr 3% more
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (1.4k salaries)	₹7 L/yr - ₹22.4 L/yr 14% less
TCS Senior Manager Salary 11 - 23 years exp. (1.1k salaries)	₹11 L/yr - ₹41 L/yr 49% more
HDFC Life Senior Manager Salary 2 - 18 years exp. (577 salaries)	₹9 L/yr - ₹25 L/yr 16% less

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Senior Manager salary at SBI Funds Management ranges between ₹11.5 Lakhs to ₹20.1 Lakhs per year for employees with experience between 6 years to 19 years. Salary estimates are based on 9 latest salaries received from various employees of SBI Funds Management.

Experience wise SBI Funds Management Senior Manager salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹28.6 L/yr
7 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
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8 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.6 L/yr
9 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.7 L/yr
10 years (3 salaries)	₹12.5 L/yr - ₹29.5 L/yr
11 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
12 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹30 L/yr
13 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
14 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.5 L/yr
15+ years (3 salaries)	₹6.9 L/yr - ₹20.1 L/yr

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Similar Designation salaries in SBI Funds Management

Regional Manager Salary

(AmbitionBox Estimate)

₹17.6 L/yr - ₹22.5 L/yr

Deputy Manager Salary

(37 salaries)

₹4.3 L/yr - ₹9 L/yr

Sales Manager Salary

(3 salaries)

₹6.8 L/yr - ₹10 L/yr

Branch Manager Salary

(3 salaries)

₹6.74 L/yr - ₹10.5 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Relationship Manager Salary

(23 salaries)

₹2.45 L/yr - ₹6 L/yr

Sales Officer Salary

(4 salaries)

₹2.25 L/yr - ₹3.5 L/yr

Sales Executive Salary

(8 salaries)

₹2 L/yr - ₹3.5 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for SBI Funds Management

5.0

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 Senior Manager Salary FAQs

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

Senior Manager salary at SBI Funds Management in India ranges between ₹11.5 Lakhs to ₹20.1 Lakhs for experience between 6 years to 19 years. According to our estimates it is 23% less than the average Senior Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of SBI Funds Management India.

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

The average salary of a Senior Manager at SBI Funds Management is 23% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

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

Bank of America Senior Manager Salary - ₹17.0 Lakhs to ₹46.1 Lakhs per year
IBM Senior Manager Salary - ₹12.0 Lakhs to ₹50.9 Lakhs per year
Franklin Templeton Investments Senior Manager Salary - ₹15.0 Lakhs to ₹42.0 Lakhs per year
Standard Chartered Senior Manager Salary - ₹13.3 Lakhs to ₹46.1 Lakhs per year
Synechron Senior Manager Salary - ₹16.0 Lakhs to ₹41.0 Lakhs per year

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

TCS Senior Manager Salary - ₹11.0 Lakhs to ₹41.0 Lakhs per year
DSP Investment Managers Senior Manager Salary - ₹15.6 Lakhs to ₹35.1 Lakhs per year
Genpact Senior Manager Salary - ₹10.4 Lakhs to ₹35.2 Lakhs per year
ICICI Prudential Mutual Fund Senior Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
Barclays Senior Manager Salary - ₹14.0 Lakhs to ₹33.5 Lakhs per year

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

The estimated take-home salary of a Senior Manager at SBI Funds Management ranges between ₹1,13,293 per month to ₹1,16,444 per month in India. The take-home salary calculation is based on the average SBI Funds Management Senior Manager salary in India which ranges between ₹11.5 Lakhs to ₹20.1 Lakhs per year for employees with experience between 6 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at SBI Funds Management?

According to AmbitionBox, 100% of the SBI Funds Management Senior Managers reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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SBI Funds Management Senior Manager Salaries

SBI Funds Management Senior Manager salary in India ranges between ₹11.5 Lakhs to ₹20.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 SBI Funds Management latest salaries received from various employees of SBI Funds Management.