TRUST Mutual Fund Mumbai Salaries by 30+ Employees (Updated 2025)

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Finance & Accounting Marketing & Communication

Designation	Avg Annual Salary	Open Jobs
Head Operations 12 - 21 years exp. · Mumbai (AmbitionBox Estimate)	₹29.7 L/yr - ₹37.9 L/yr
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Product Manager 0 - 5 years exp. · Mumbai (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
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Assistant Vice President Marketing 10 - 12 years exp. · Mumbai (AmbitionBox Estimate)	₹21.8 L/yr - ₹27.9 L/yr
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Head Marketing and Communication 16 - 17 years exp. · Mumbai (AmbitionBox Estimate)	₹42.3 L/yr - ₹54.1 L/yr
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Manager - Business Intelligence 9 years exp. · Mumbai (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.2 L/yr
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Chief Business Officer 21 years exp. · Mumbai (AmbitionBox Estimate)	₹96.9 L/yr - ₹1.1 Cr/yr
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IT Manager 18 years exp. · Mumbai (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
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Associate Vice President 12 years exp. · Mumbai (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.1 L/yr
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Assistant Vice President 5 years exp. · Mumbai (AmbitionBox Estimate)	₹20.3 L/yr - ₹25.9 L/yr
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Deputy Manager Marketing 3 years exp. · Mumbai (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
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Asst.Marketing Manager 2 years exp. · Mumbai (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
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Deputy Manager 4 years exp. · Mumbai (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
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Senior Manager Finance & Accounts 9 years exp. · Mumbai (AmbitionBox Estimate)	₹25 L/yr - ₹31.9 L/yr
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AVP Operations 22 years exp. · Mumbai (AmbitionBox Estimate)	₹31.5 L/yr - ₹40.2 L/yr
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Relationship Manager 1 year exp. · Mumbai (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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Fund Manager 7 years exp. · Mumbai (AmbitionBox Estimate)	₹40.5 L/yr - ₹51.8 L/yr
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Marketing Associate 1 year exp. · Mumbai (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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Office Support Staff 10 years exp. · Mumbai (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Vice President Product 14 years exp. · Mumbai (AmbitionBox Estimate)	₹38.3 L/yr - ₹48.9 L/yr
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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Salary related reviews for TRUST Mutual Fund

3.6

Rated by 3 employees for salary & benefits

AVP Operations in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 10 Jun 2023

2.0

for Salary and Benefits

Likes

Company doesn't have a vision to grow...there are internal conflicts and it functions like proprietorship firm. Too much of micro management makes it difficult to perform.

Dislikes

Micro management and no freedom to perform

Salary - Poor

+5 more

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TRUST Mutual Fund Salary FAQs

How much does TRUST Mutual Fund pay to its employees?

The average annual salary at TRUST Mutual Fund varies depending on the role, experience, and location. The salary ranges for some popular designations at TRUST Mutual Fund, are as follows:

Head Operations	₹29.7 Lakhs to ₹37.9 Lakhs per year
Product Manager	₹10.4 Lakhs to ₹13.2 Lakhs per year
Assistant Vice President Marketing	₹21.8 Lakhs to ₹27.9 Lakhs per year
Head Marketing and Communication	₹42.3 Lakhs to ₹54.1 Lakhs per year

The highest-paying role, Senior Manager, earns between ₹11 Lakhs to ₹20 Lakhs per year. The top 10% of employees earn more than ₹42.3 Lakhs per year, and the top 1% earn over ₹1 Lakhs per year. Salaries at TRUST 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 salary estimates are based on data from 37 salaries submitted by TRUST Mutual Fund employees. TRUST Mutual Fund is rated 3.6 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in TRUST Mutual Fund , Mumbai is INR . Salary estimates are based on 30+ TRUST Mutual Fund latest salaries received from various employees of TRUST Mutual Fund.