SBI Funds Management Mumbai Senior Manager Salaries by 6 Employees (Updated 2025)

6 - 13 years exp.

₹11.5 Lakhs - ₹29 Lakhs

Salary of majority employees

10% less than the average Senior Manager Salary in Financial Services Companies for 6 - 13 years of experience

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Salaries in different departments

Risk Management & Compliance Senior Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹29 L/yr
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BFSI, Investments & Trading Senior Manager Salary 10 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹19.1 L/yr

Last Updated: 22 Nov 2024

Companies similar to SBI Funds Management for Senior Manager in Mumbai

SBI Funds Management Senior Manager Salary

6 - 13 years exp. (6 salaries)

₹11.5 L/yr - ₹29 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 21% less
ICICI Prudential Mutual Fund Senior Manager Salary 5 - 18 years exp. (59 salaries)	₹12.5 L/yr - ₹34.5 L/yr 24% 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 9% less
Aditya Birla Health Insurance Co Senior Manager Salary 4 - 14 years exp. (69 salaries)	₹6.8 L/yr - ₹21 L/yr 38% less
Kotak Mahindra Asset Management Company Senior Manager Salary 7 - 18 years exp. (11 salaries)	₹10 L/yr - ₹30 L/yr 9% less
Axis Asset Management Company Senior Manager Salary 8 - 17 years exp. (12 salaries)	₹10 L/yr - ₹25 L/yr 6% less
DSP Investment Managers Senior Manager Salary 9 - 11 years exp. (6 salaries)	₹15.6 L/yr - ₹35.1 L/yr 42% more
Franklin Templeton Investments Senior Manager Salary 13 - 20 years exp. (9 salaries)	₹20 L/yr - ₹40 L/yr 49% more
Idfc Asset Management Company Senior Manager Salary 5 - 11 years exp. (12 salaries)	₹9.7 L/yr - ₹21 L/yr 24% less
HDFC Bank Senior Manager Salary 4 - 21 years exp. (2.3k salaries)	₹8 L/yr - ₹29 L/yr 14% less
Axis Bank Senior Manager Salary 2 - 21 years exp. (2k salaries)	₹8.9 L/yr - ₹27.1 L/yr 8% less	1 job opening
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Kotak Mahindra Bank Senior Manager Salary 1 - 18 years exp. (1.3k salaries)	₹6.5 L/yr - ₹23.5 L/yr 29% less
Yes Bank Senior Manager Salary 2 - 19 years exp. (984 salaries)	₹6.5 L/yr - ₹22 L/yr 32% less
ICICI Bank Senior Manager Salary 1 - 20 years exp. (651 salaries)	₹9.3 L/yr - ₹26 L/yr 10% less
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (577 salaries)	₹7.1 L/yr - ₹26.5 L/yr 20% less
HDFC Life Senior Manager Salary 2 - 18 years exp. (339 salaries)	₹7.1 L/yr - ₹25.6 L/yr 22% less	1 job opening
TCS Senior Manager Salary 10 - 23 years exp. (200 salaries)	₹12 L/yr - ₹36 L/yr 27% more
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (128 salaries)	₹5.3 L/yr - ₹20 L/yr 36% less	2 job openings
AU Small Finance Bank Senior Manager Salary 4 - 18 years exp. (85 salaries)	₹6.2 L/yr - ₹23 L/yr 23% less
Bank of America Senior Manager Salary 8 - 17 years exp. (68 salaries)	₹20 L/yr - ₹45 L/yr 77% more	5 job openings

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Senior Manager salary at SBI Funds Management ranges between ₹11.5 Lakhs to ₹29 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 6 latest salaries received from various employees of SBI Funds Management.

Experience wise SBI Funds Management Senior Manager salaries in Mumbai

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹33.2 L/yr
7 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr
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8 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹27 L/yr
9 years (AmbitionBox Estimate)	₹16.9 L/yr - ₹21.6 L/yr
10 years (AmbitionBox Estimate)	₹15 L/yr - ₹34.1 L/yr
11 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹21.9 L/yr
12 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹25 L/yr
13 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹29 L/yr

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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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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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SBI Funds Management Senior Manager Salary FAQs

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

Senior Manager salary at SBI Funds Management in Mumbai ranges between ₹11.5 Lakhs to ₹29.0 Lakhs for experience between 6 years to 13 years. According to our estimates it is 10% less than the average Senior Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of SBI Funds Management Mumbai.

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

The average salary of a Senior Manager at SBI Funds Management is 10% less than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.

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

Bank of America Senior Manager Salary - ₹20.0 Lakhs to ₹45.0 Lakhs per year
IBM Senior Manager Salary - ₹17.0 Lakhs to ₹45.0 Lakhs per year
Franklin Templeton Investments Senior Manager Salary - ₹20.0 Lakhs to ₹40.0 Lakhs per year
DSP Investment Managers Senior Manager Salary - ₹15.6 Lakhs to ₹35.1 Lakhs per year
Standard Chartered Senior Manager Salary - ₹10.5 Lakhs to ₹44.0 Lakhs per year

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

TCS Senior Manager Salary - ₹12.0 Lakhs to ₹36.0 Lakhs per year
ICICI Prudential Mutual Fund Senior Manager Salary - ₹12.5 Lakhs to ₹34.5 Lakhs per year
Axis Asset Management Company Senior Manager Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank Senior Manager Salary - ₹10.0 Lakhs to ₹23.3 Lakhs per year
Axis Bank Senior Manager Salary - ₹8.9 Lakhs to ₹27.1 Lakhs per year

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

The estimated take-home salary of a Senior Manager at SBI Funds Management ranges between ₹1,27,074 per month to ₹1,31,273 per month in Mumbai. 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 ₹29.0 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?

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 4 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 ₹29 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SBI Funds Management latest salaries received from various employees of SBI Funds Management.