SBI Funds Management Mumbai Senior Manager Salaries by 3 Employees (Updated 2025)

6 - 10 years exp.

₹11.5 Lakhs - ₹17.5 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Senior Manager Salary in Financial Services Companies for 6 - 10 years of experience

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Last Updated: 17 Aug 2023

Companies similar to SBI Funds Management for Senior Manager in Mumbai

SBI Funds Management Senior Manager Salary

6 - 10 years exp. (3 salaries)

₹11.5 L/yr - ₹17.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Asset Management Company Senior Manager Salary 7 - 16 years exp. (29 salaries)	₹9.8 L/yr - ₹21 L/yr 9% less
ICICI Prudential Mutual Fund Senior Manager Salary 5 - 17 years exp. (52 salaries)	₹12 L/yr - ₹30 L/yr 37% more
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Nippon Life India Asset Management Senior Manager Salary 8 - 20 years exp. (26 salaries)	₹11.3 L/yr - ₹23.8 L/yr 3% more
Aditya Birla Health Insurance Co Senior Manager Salary 3 - 14 years exp. (73 salaries)	₹5 L/yr - ₹20 L/yr 32% less
Kotak Mahindra Asset Management Company Senior Manager Salary 8 - 18 years exp. (10 salaries)	₹10 L/yr - ₹19 L/yr 19% less
Axis Asset Management Company Senior Manager Salary 8 - 18 years exp. (14 salaries)	₹10 L/yr - ₹25 L/yr 11% more
DSP Investment Managers Senior Manager Salary 9 - 11 years exp. (6 salaries)	₹15.6 L/yr - ₹35.1 L/yr 63% more
Franklin Templeton Investments Senior Manager Salary 13 - 20 years exp. (9 salaries)	₹20 L/yr - ₹40 L/yr 71% more
Idfc Asset Management Company Senior Manager Salary 5 - 11 years exp. (12 salaries)	₹9.7 L/yr - ₹21 L/yr 13% less
HDFC Bank Senior Manager Salary 4 - 21 years exp. (2.3k salaries)	₹8 L/yr - ₹28 L/yr 5% less
Axis Bank Senior Manager Salary 2 - 21 years exp. (2k salaries)	₹8.8 L/yr - ₹28 L/yr 3% more	2 job openings
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Kotak Mahindra Bank Senior Manager Salary 1 - 19 years exp. (1.4k salaries)	₹5.5 L/yr - ₹20 L/yr 21% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (983 salaries)	₹6.5 L/yr - ₹22.3 L/yr 23% less
ICICI Bank Senior Manager Salary 1 - 19 years exp. (586 salaries)	₹9.3 L/yr - ₹28.9 L/yr 6% more
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (573 salaries)	₹7 L/yr - ₹24.2 L/yr 8% less
HDFC Life Senior Manager Salary 2 - 18 years exp. (349 salaries)	₹7.2 L/yr - ₹25.9 L/yr 10% less
TCS Senior Manager Salary 11 - 23 years exp. (231 salaries)	₹12 L/yr - ₹40 L/yr 49% more
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (148 salaries)	₹5.3 L/yr - ₹20 L/yr 25% less
AU Small Finance Bank Senior Manager Salary 4 - 18 years exp. (91 salaries)	₹6.3 L/yr - ₹22 L/yr 10% less	1 job opening
Bank of America Senior Manager Salary 8 - 17 years exp. (69 salaries)	₹20 L/yr - ₹45 L/yr 104% more	9 job openings

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Senior Manager salary at SBI Funds Management ranges between ₹11.5 Lakhs to ₹17.5 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Funds Management.

Experience wise SBI Funds Management Senior Manager salaries in Mumbai

Last Updated: 17 Aug 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹28.5 L/yr
7 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.3 L/yr
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8 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr
9 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.6 L/yr
10 years (AmbitionBox Estimate)	₹15 L/yr - ₹29.4 L/yr

Similar Designation salaries in SBI Funds Management

Deputy Manager Salary

(3 salaries)

₹5.35 L/yr - ₹7.5 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.

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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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SBI Funds Management Senior Manager Salary FAQs

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

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

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SBI Funds Management Senior Manager Salaries in Mumbai

SBI Funds Management Senior Manager salary in Mumbai ranges between ₹11.5 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Funds Management latest salaries received from various employees of SBI Funds Management.