LIC Mutual Fund Relationship Manager Salaries by 50+ Employees (Updated 2024)

0 - 8 years exp.

₹2.4 Lakhs - ₹5.9 Lakhs

Salary of majority employees

14% less than the average Relationship Manager Salary in Financial Services Companies for 0 - 8 years of experience

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Salaries in different departments

Sales & Business Development Relationship Manager Salary 0 - 6 years exp. (13 salaries)	₹3.5 L/yr - ₹5 L/yr
BFSI, Investments & Trading Relationship Manager Salary 0 - 8 years exp. (12 salaries)	₹2.4 L/yr - ₹5.6 L/yr
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Customer Success, Service & Operations Relationship Manager Salary 2 - 6 years exp. (6 salaries)	₹3.5 L/yr - ₹4.4 L/yr
Marketing & Communication Relationship Manager Salary 0 - 6 years exp. (5 salaries)	₹2.7 L/yr - ₹5.2 L/yr
Administration & Facilities Relationship Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.3 L/yr

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Last Updated: 23 Nov 2024

Companies similar to LIC Mutual Fund for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Relationship Manager Salary 0 - 10 years exp. (1.1k salaries)	₹2.5 L/yr - ₹8.5 L/yr 14% more
SBI Mutual Fund Relationship Manager Salary 0 - 7 years exp. (171 salaries)	₹2 L/yr - ₹8 L/yr 3% more	40 job openings
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Birla Sun Life Mutual Fund Relationship Manager Salary 0 - 7 years exp. (63 salaries)	₹2.3 L/yr - ₹8.1 L/yr 7% more
Axis Mutual Fund Relationship Manager Salary 0 - 10 years exp. (81 salaries)	₹2.5 L/yr - ₹9 L/yr 27% more
Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (2.3k salaries)	₹1.5 L/yr - ₹10 L/yr 40% more	9 job openings
Nippon Life India Asset Management Relationship Manager Salary 0 - 8 years exp. (112 salaries)	₹2.5 L/yr - ₹9.2 L/yr 36% more	13 job openings
Franklin Templeton Investments Relationship Manager Salary 2 - 9 years exp. (7 salaries)	₹2.4 L/yr - ₹7.5 L/yr 17% less
DSP Mutual Fund Relationship Manager Salary 0 - 6 years exp. (4 salaries)	₹7 L/yr - ₹9 L/yr 80% more
UTI Mutual Fund Relationship Manager Salary 0 - 5 years exp. (95 salaries)	₹2.5 L/yr - ₹10 L/yr 42% more	1 job opening
Motilal Oswal Financial Services Relationship Manager Salary 0 - 8 years exp. (791 salaries)	₹1.5 L/yr - ₹6.5 L/yr 13% less	11 job openings
Sharekhan Relationship Manager Salary 0 - 12 years exp. (310 salaries)	₹1 L/yr - ₹6.5 L/yr 7% less	2 job openings
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Edelweiss Relationship Manager Salary 0 - 8 years exp. (321 salaries)	₹2.2 L/yr - ₹6.3 L/yr 1% less
ICICI Securities Relationship Manager Salary 0 - 6 years exp. (301 salaries)	₹1.5 L/yr - ₹6.7 L/yr 1% more	4 job openings
Bajaj Capital Relationship Manager Salary 0 - 8 years exp. (364 salaries)	₹2.4 L/yr - ₹6.5 L/yr 3% more	2 job openings
Aditya Birla Capital Relationship Manager Salary 0 - 9 years exp. (268 salaries)	₹2 L/yr - ₹8.1 L/yr 10% more
Religare Relationship Manager Salary 0 - 8 years exp. (286 salaries)	₹1.2 L/yr - ₹5 L/yr 22% less	4 job openings
Reliance Capital Relationship Manager Salary 0 - 8 years exp. (148 salaries)	₹2 L/yr - ₹5.5 L/yr 18% less
Bajaj Finserv Relationship Manager Salary 0 - 7 years exp. (118 salaries)	₹1.2 L/yr - ₹6 L/yr 8% less
Shriram Housing Finance Relationship Manager Salary 1 - 8 years exp. (105 salaries)	₹2.1 L/yr - ₹4.1 L/yr 27% less
JM Financial Relationship Manager Salary 0 - 6 years exp. (37 salaries)	₹2.3 L/yr - ₹5.5 L/yr 20% less

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Relationship Manager salary at LIC Mutual Fund ranges between ₹2.4 Lakhs to ₹5.9 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 52 latest salaries received from various employees of LIC Mutual Fund.

Experience wise LIC Mutual Fund Relationship Manager salaries

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹2.4 L/yr - ₹4.5 L/yr
1 year (6 salaries)	₹2.7 L/yr - ₹5 L/yr
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2 years (10 salaries)	₹2.6 L/yr - ₹5 L/yr
3 years (11 salaries)	₹3.1 L/yr - ₹5.1 L/yr
4 years (7 salaries)	₹3 L/yr - ₹5.9 L/yr
5 years (5 salaries)	₹3.5 L/yr - ₹5.8 L/yr
6 years (5 salaries)	₹4 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.9 L/yr
8 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr

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Similar Designation salaries in LIC Mutual Fund

Regional Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Branch Manager Salary

(6 salaries)

₹7.6 L/yr - ₹9.76 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹8.3 L/yr - ₹10.6 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Sales Manager Salary

(32 salaries)

₹3.25 L/yr - ₹7.5 L/yr

Senior Sales Manager Salary

(9 salaries)

₹6 L/yr - ₹13 L/yr

Area Sales Manager Salary

(3 salaries)

₹11.3 L/yr - ₹15 L/yr

Area Manager Salary

(15 salaries)

₹6.8 L/yr - ₹16.17 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Sales Officer Salary

(3 salaries)

₹3 L/yr - ₹5 L/yr

Salary related reviews for LIC Mutual Fund

2.9

Rated by 12 employees for salary & benefits

Senior Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 06 May 2023

2.0

for Salary and Benefits

Likes

Nothing likes for this organisation

Dislikes

...nal life hell. As the company don't have any process, proper management and all. Often you will pay from your pocket bcoz the right approvals will not come as per the commitment of the senior management. There is neither proper system nor HR policy in this organisation. If you want to spoil your career by entering in this monopoly, uncultured then you may think of this organisation. If there would 0 for job security then I could have clicked on that.

Administration Executive in Kanpur

Full Time

Mutual funds Department

1.0

• posted on 24 Mar 2020

1.0

for Salary and Benefits

Likes

I have very bad experience working in Lic Mf as a admin executive, I have faced mental harassment there, slow growth & insecure environment.

Dislikes

I have joined there as a off role payroll process via rand stand company and they didn’t settle my dues and also not provided my reliving letter too.

Sales Manager in New Delhi

Sales & Business Development Department

4.0

• posted on 29 May 2022

3.0

for Salary and Benefits

Likes

Work culture is good. Lots of things are there to learn and built personality. Working Location Prefrence gives better understanding about the area and gives many more ideas to enhance sales and busienss for orgsnisation.

Dislikes

Sometime managing multiple channels become challanging.

Vice President - Zonal Head - North Zone in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 07 Feb 2022

5.0

for Salary and Benefits

Likes

Fantastic company to work for.. Performers always gets appreciated & acknowledged..Moreover Management believes in giving autonomy/ independent space to perform & excel..LIC MF has given opportunity to so many young/ fresh professionals in MF domain & most of them have come out with flying colors..The company has created/prepared so many young talent for the industry.. Indeed great experience working for this company since last 7 Years..

Dislikes

Nothing as such..

Business Development Manager in Bhubaneswar

Marketing & Communication Department

3.0

• posted on 12 Nov 2021

1.0

for Salary and Benefits

Likes

As a lady I feel really safe working with the organization but when it comes to guidance or support the seniors are not that much supportive, job security is very poor as meeting target is not possible because of lower penetration and less tie ups. Funds are not that very good performing to attract client.

Dislikes

No training, no hand holding

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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LIC Mutual Fund Relationship Manager Salary FAQs

What is the salary of Relationship Manager at LIC Mutual Fund?

Relationship Manager salary at LIC Mutual Fund in India ranges between ₹2.4 Lakhs to ₹5.9 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 14% less than the average Relationship Manager Salary in India. Salary estimates are based on 52 latest salaries received from various employees of LIC Mutual Fund India.

How does the salary of a Relationship Manager at LIC Mutual Fund India compare with the average salary range for this job?

The average salary of a Relationship Manager at LIC Mutual Fund is 14% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than LIC Mutual Fund to a Relationship Manager in India?

JPMorgan Chase & Co. Relationship Manager Salary - ₹6.2 Lakhs to ₹75.0 Lakhs per year
DSP Mutual Fund Relationship Manager Salary - ₹7.0 Lakhs to ₹9.0 Lakhs per year
UTI Mutual Fund Relationship Manager Salary - ₹2.5 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindra Bank Relationship Manager Salary - ₹1.5 Lakhs to ₹10.0 Lakhs per year
Nippon Life India Asset Management Relationship Manager Salary - ₹2.5 Lakhs to ₹9.2 Lakhs per year

What is the salary of a Relationship Manager in companies similar to LIC Mutual Fund in India?

Axis Mutual Fund Relationship Manager Salary - ₹2.5 Lakhs to ₹9.0 Lakhs per year
ICICI Prudential Mutual Fund Relationship Manager Salary - ₹2.5 Lakhs to ₹8.5 Lakhs per year
Aditya Birla Capital Relationship Manager Salary - ₹2.0 Lakhs to ₹8.1 Lakhs per year
Birla Sun Life Mutual Fund Relationship Manager Salary - ₹2.3 Lakhs to ₹8.1 Lakhs per year
MAS Financial Services Relationship Manager Salary - ₹2.6 Lakhs to ₹9.3 Lakhs per year

What is the estimated take home salary of a Relationship Manager at LIC Mutual Fund in India?

The estimated take-home salary of a Relationship Manager at LIC Mutual Fund ranges between ₹32,024 per month to ₹33,308 per month in India. The take-home salary calculation is based on the average LIC Mutual Fund Relationship Manager salary in India which ranges between ₹2.4 Lakhs to ₹5.9 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at LIC Mutual Fund?

According to AmbitionBox, 56% of the LIC Mutual Fund Relationship Managers reported a notice period of 3 Months, 32% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.

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LIC Mutual Fund Relationship Manager Salaries

LIC Mutual Fund Relationship Manager salary in India ranges between ₹2.4 Lakhs to ₹5.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 52 LIC Mutual Fund latest salaries received from various employees of LIC Mutual Fund.