Samco Mutual Fund Business Development Manager Salaries by 5 Employees (Updated 2025)

0 - 14 years exp.

₹3 Lakhs - ₹8 Lakhs

Salary of majority employees

28% less than the average Business Development Manager Salary in Financial Services Companies for 0 - 14 years of experience

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Last Updated: 22 Nov 2024

Companies similar to Samco Mutual Fund for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Biz Secure Lab Business Development Manager Salary 2 - 10 years exp. (7 salaries)	₹2 L/yr - ₹7.2 L/yr 1% less
India Ratings & Research Business Development Manager Salary 1 - 13 years exp. (6 salaries)	₹2.5 L/yr - ₹6 L/yr 18% less
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Sonata Finance Business Development Manager Salary 1 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹2.2 L/yr 68% less
Choice Equity Broking Business Development Manager Salary 3 - 15 years exp. (3 salaries)	₹3.2 L/yr - ₹5 L/yr 18% less	2 job openings
BYJU'S Business Development Manager Salary 0 - 8 years exp. (4k salaries)	₹5.9 L/yr - ₹17 L/yr 85% more	1 job opening

Business Development Manager salary at Samco Mutual Fund ranges between ₹3 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Samco Mutual Fund.

Experience wise Samco Mutual Fund Business Development Manager salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹7 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
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2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹8.9 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
9 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
11 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
12 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
14 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8 L/yr

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Similar Designation salaries in Samco Mutual Fund

Business Manager Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Marketing Manager Salary

(7 salaries)

₹8 L/yr - ₹8 L/yr

Relationship Manager Salary

(4 salaries)

₹2.75 L/yr - ₹6.1 L/yr

Area Manager Salary

(5 salaries)

₹7.2 L/yr - ₹10.75 L/yr

Salary related reviews for Samco Mutual Fund

4.7

Rated by 3 employees for salary & benefits

Business Development Manager in Bhubaneswar

Full Time

Sales & Business Development Department

5.0

• posted on 18 Oct 2024

4.0

for Salary and Benefits

Likes

I enjoyed the exposure to financial markets and the opportunity to build relationships with clients and distributors. It was a dynamic role that helped me develop strong interpersonal and sales skills while deepening my understanding of mutual funds.

Dislikes

The role involved extensive fieldwork and frequent travel, which became quite taxing over time. Sometimes, the high-pressure environment to meet sales targets made it challenging to maintain a work-life balance.

see more salary related reviews

Top trending discussions

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Salary Discussions, Hike & Promotions

1w (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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Samco Mutual Fund Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Samco Mutual Fund?

Business Development Manager salary at Samco Mutual Fund in India ranges between ₹3.0 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 14 years. According to our estimates it is 28% less than the average Business Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Samco Mutual Fund India.

How does the salary of a Business Development Manager at Samco Mutual Fund India compare with the average salary range for this job?

The average salary of a Business Development Manager at Samco Mutual Fund is 28% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Samco Mutual Fund to a Business Development Manager in India?

BYJU'S Business Development Manager Salary - ₹5.9 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Business Development Manager in companies similar to Samco Mutual Fund in India?

Biz Secure Lab Business Development Manager Salary - ₹2.0 Lakhs to ₹7.2 Lakhs per year
India Ratings & Research Business Development Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Choice Equity Broking Business Development Manager Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
Sonata Finance Business Development Manager Salary - ₹1.5 Lakhs to ₹2.2 Lakhs per year

What is the estimated take home salary of a Business Development Manager at Samco Mutual Fund in India?

The estimated take-home salary of a Business Development Manager at Samco Mutual Fund ranges between ₹40,712 per month to ₹41,866 per month in India. The take-home salary calculation is based on the average Samco Mutual Fund Business Development Manager salary in India which ranges between ₹3.0 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 14 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Samco Mutual Fund?

According to AmbitionBox, 70% of the Samco Mutual Fund Business Development Managers reported a notice period of 1 Month, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Samco Mutual Fund Business Development Manager Salaries

Samco Mutual Fund Business Development Manager salary in India ranges between ₹3 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Samco Mutual Fund latest salaries received from various employees of Samco Mutual Fund.