SBI Mutual Fund New Delhi Manager Salaries by 5 Employees (Updated 2025)

5 - 15 years exp.

₹7 Lakhs - ₹12 Lakhs

Salary of majority employees

35% less than the average Manager Salary in Financial Services Companies for 5 - 15 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹10.4 L/yr - ₹12 L/yr
Login to view exact salary
Sales & Business Development Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹9.8 L/yr

Last Updated: 1 Feb 2025

Companies similar to SBI Mutual Fund for Manager in New Delhi

SBI Mutual Fund Manager Salary

5 - 15 years exp. (5 salaries)

₹7 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
Macquarie Group Manager Salary 7 - 14 years exp. (115 salaries)	₹18.5 L/yr - ₹36.1 L/yr 173% more
Better.com Manager Salary 4 - 10 years exp. (51 salaries)	₹8 L/yr - ₹19 L/yr 26% more
Login to view exact salary
Kotak Securities Manager Salary 2 - 15 years exp. (48 salaries)	₹3.4 L/yr - ₹10 L/yr 29% less
Fidelity International Manager Salary 8 - 14 years exp. (21 salaries)	₹16 L/yr - ₹40.8 L/yr 179% more	3 job openings
Ameriprise Financial Manager Salary 10 - 17 years exp. (13 salaries)	₹21 L/yr - ₹47 L/yr 193% more
Srei Equipment Finance Manager Salary 7 - 15 years exp. (10 salaries)	₹4.8 L/yr - ₹7.5 L/yr 39% less
Sun Life Financial Manager Salary 8 - 15 years exp. (9 salaries)	₹14.5 L/yr - ₹30 L/yr 152% more
Synchrony Manager Salary 2 - 8 years exp. (8 salaries)	₹12.5 L/yr - ₹21.8 L/yr 56% more
Apex Group Manager Salary 10 - 13 years exp. (3 salaries)	₹14 L/yr - ₹17.6 L/yr 53% more	5 job openings
Axis Direct Manager Salary 6 - 16 years exp. (3 salaries)	₹9.6 L/yr - ₹13 L/yr 3% more

Manager salary at SBI Mutual Fund ranges between ₹7 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Mutual Fund.

Experience wise SBI Mutual Fund Manager salaries in New Delhi

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹20 L/yr
6 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.6 L/yr
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹19.5 L/yr
9 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
10 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
11 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
12 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12.1 L/yr
13 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
14 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹12 L/yr
15+ years (AmbitionBox Estimate)	₹4.1 L/yr - ₹12 L/yr

View all

From

Manager

4 - 15 years exp.

Senior Manager

8 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Top skills at SBI Mutual Fund for Manager

Ca Cloud VMware SAN Virtualization

Salary related reviews for SBI Mutual Fund

Manager in Pune

Full Time

Sales & Business Development Department

4.0

• posted on 08 Dec 2023

3.0

for Salary and Benefits

Likes

Working in SBIMF gives you feeling of proud and brand recognition. Job security and mental peace.

Job security - Good

+3 more

Dislikes

Appraisal, employee recognition, Salary, respect as an old loyal employee not there. People recruits new freshers with higher package than there old loyal employee which demotivates more and hurts as well.

Deputy Manager in Chennai

Full Time

PDM Department

3.0

• posted on 29 Jun 2023

2.0

for Salary and Benefits

Likes

SBI brand is good. Management communication is one way. Salary growth is pathetic. It's a good company for people who join after 10 year exp and with min 20 lakh salary .. they can continue to work for longer time. Not good for new or less exp people because despite of over achieving targets they will give 7-9 % hike. In promotion year too they will give 9% hike .. Very bad salary growth.. frustrating for people with 5 -10 year exp... that's why lot of people switch in this segment...

Skill development - Good

+2 more

Dislikes

Bad salary... they can at least make salary on par with market for loyal employees..

Salary - Poor

+1 more

Assistant Rms Manager in Thiruvananthapuram

Full Time

Sales & Business Development Department

4.0

• posted on 28 Jan 2025

3.0

for Salary and Benefits

Likes

...good company to work. As usual salary increment will be low and promotions also. But here the job security is high and it's ok to work here for long but at the cost of low salary.

Job security - Good

+3 more

Dislikes

Low Salary

Sales Executive in Bhubaneswar

Contractual

BFSI, Investments & Trading Department

4.0

• posted on 09 Aug 2024

3.0

for Salary and Benefits

Likes

The work culture is good,but the salary increament and promotion opportunity is very bad, although the work pressure is also less as compared to the privet sector,and in most cases you don't have to directly sale product to the client,as the bank officials do the work.

Job security - Good

+1 more

Dislikes

Growth opportunities Salary increament Learning

Promotions - Bad

Customer Service Executive in Museum Road Bangalore

Full Time

Finance & Accounting Department

3.0

• posted on 10 Sep 2022

1.0

for Salary and Benefits

Likes

Only thing I liked was management is not harsh if you login bit late due to traffic or personal reason. Other than this it's a big noooo. I found many good colleagues here I am happy with that atleast.

Dislikes

Onroll offroll differentiation is huge Dissatisfied with offroll management No decent hike or salary Takes long time for career growth

Salary - Bad

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about SBI Mutual Fund?

Ask anonymously on communities.

SBI Mutual Fund Manager Salary FAQs

What is the salary of Manager at SBI Mutual Fund in New Delhi?

The average salary of a Manager at SBI Mutual Fund in New Delhi typically ranges from ₹7.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 5 years to 15 years).

The top 10% of Manager in New Delhi at SBI Mutual Fund earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Manager Salaries at SBI Mutual Fund can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 SBI Mutual Fund employees in India.

What is the estimated take home salary of a Manager at SBI Mutual Fund in New Delhi?

The estimated take-home salary of a Manager at SBI Mutual Fund in New Delhi typically ranges from ₹76,842 to ₹78,836 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 5 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of SBI Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Manager at SBI Mutual Fund in New Delhi?

To be a Manager at SBI Mutual Fund in New Delhi, the key skills required include:

- Ca
- Cloud
- VMware
- SAN
- Virtualization

These skills are highly valued at SBI Mutual Fund and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SBI Mutual Fund for Manager in India?

Ameriprise Financial	₹21.0 Lakhs to ₹47.0 Lakhs per year
Fidelity International	₹16.0 Lakhs to ₹40.8 Lakhs per year
Macquarie Group	₹18.5 Lakhs to ₹36.1 Lakhs per year
Sun Life Financial	₹14.5 Lakhs to ₹30.0 Lakhs per year
Synchrony	₹12.5 Lakhs to ₹21.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Mutual Fund, depending on the role and experience level.

What is the salary of a Manager in companies similar to SBI Mutual Fund in New Delhi?

The salary of a Manager at companies similar to SBI Mutual Fund in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Apex Group	₹14.0 Lakhs to ₹17.6 Lakhs per year
Better.com	₹8.0 Lakhs to ₹19.0 Lakhs per year
Axis Direct	₹9.6 Lakhs to ₹13.0 Lakhs per year
Kotak Securities	₹3.4 Lakhs to ₹10.0 Lakhs per year
Srei Equipment Finance	₹4.8 Lakhs to ₹7.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Manager at SBI Mutual Fund in New Delhi?

The salary growth for a Manager at SBI Mutual Fund in New Delhi depends on factors such as experience, performance, and promotions. On average, a Manager in New Delhi can expect the following growth trajectory at SBI Mutual Fund:

Experience	Average Salary Range
5 years	₹7.0 Lakhs to ₹20.0 Lakhs per year
6 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
7 years	₹9.8 Lakhs to ₹12.6 Lakhs per year
8 years	₹9.0 Lakhs to ₹19.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
SBI Mutual Fund Salaries >
SBI Mutual Fund Manager Salaries >
SBI Mutual Fund Manager Salaries in New Delhi

SBI Mutual Fund Manager salary in New Delhi ranges between ₹7 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.