Samco Mutual Fund Relationship Manager Salaries by 4 Employees (Updated 2024)

0 - 5 years exp.

₹2.8 Lakhs - ₹6.1 Lakhs

Salary of majority employees

22% less than the average Relationship Manager Salary in Financial Services Companies for 0 - 5 years of experience

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Salaries in different departments

Finance & Accounting Relationship Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.7 L/yr
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Sales & Business Development Relationship Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr

Last Updated: 7 Sep 2024

Companies similar to Samco Mutual Fund for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Dmi Housing Finance Relationship Manager Salary 2 - 8 years exp. (88 salaries)	₹2.8 L/yr - ₹4.5 L/yr 4% less
Choice Equity Broking Relationship Manager Salary 1 - 13 years exp. (46 salaries)	₹1 L/yr - ₹4 L/yr 29% less	9 job openings
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Kifs Housing Finance Relationship Manager Salary 0 - 7 years exp. (45 salaries)	₹2.8 L/yr - ₹3.9 L/yr 14% less
Profectus Capital Relationship Manager Salary 1 - 10 years exp. (41 salaries)	₹2.8 L/yr - ₹4.5 L/yr 7% less
Reliance Money Relationship Manager Salary 1 - 7 years exp. (13 salaries)	₹2.2 L/yr - ₹5 L/yr 5% less
Invesco Asset Management Relationship Manager Salary 6 - 16 years exp. (11 salaries)	₹4.5 L/yr - ₹7.8 L/yr 63% more
Auxilo Finserve Relationship Manager Salary 3 - 11 years exp. (7 salaries)	₹5.8 L/yr - ₹10.9 L/yr 93% more
Karvy Financial Services Relationship Manager Salary 0 - 3 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 41% less
Chqbook.com Relationship Manager Salary 2 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹3.5 L/yr 27% less
Lokmanya Multipurpose Co-op Society Relationship Manager Salary 11 - 20 years exp. (3 salaries)	₹3 L/yr - ₹3.1 L/yr 23% less
Mansukh Securities & Finance Relationship Manager Salary 0 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹3.4 L/yr 39% less
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Relationship Manager salary at Samco Mutual Fund ranges between ₹2.8 Lakhs to ₹6.1 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Samco Mutual Fund.

Experience wise Samco Mutual Fund Relationship Manager salaries

Last Updated: 7 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.4 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.1 L/yr

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Similar Designation salaries in Samco Mutual Fund

Marketing Manager Salary

(7 salaries)

₹8 L/yr - ₹8 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Area Manager Salary

(5 salaries)

₹7.2 L/yr - ₹10.75 L/yr

Business Development Manager Salary

(7 salaries)

₹3 L/yr - ₹8 L/yr

Salary related reviews for Samco Mutual Fund

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.

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Salary Discussions, Hike & Promotions

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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Samco Mutual Fund Relationship Manager Salary FAQs

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

Relationship Manager salary at Samco Mutual Fund in India ranges between ₹2.8 Lakhs to ₹6.1 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 22% less than the average Relationship Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Samco Mutual Fund India.

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

The average salary of a Relationship Manager at Samco Mutual Fund is 22% 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 Samco Mutual Fund to a Relationship Manager in India?

Auxilo Finserve Relationship Manager Salary - ₹5.8 Lakhs to ₹10.9 Lakhs per year
Invesco Asset Management Relationship Manager Salary - ₹4.5 Lakhs to ₹7.8 Lakhs per year

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

Dmi Housing Finance Relationship Manager Salary - ₹2.8 Lakhs to ₹4.5 Lakhs per year
Reliance Money Relationship Manager Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year
Profectus Capital Relationship Manager Salary - ₹2.8 Lakhs to ₹4.5 Lakhs per year
Kifs Housing Finance Relationship Manager Salary - ₹2.8 Lakhs to ₹3.9 Lakhs per year
Lokmanya Multipurpose Co-op Society Relationship Manager Salary - ₹3.0 Lakhs to ₹3.1 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at Samco Mutual Fund ranges between ₹28,771 per month to ₹30,153 per month in India. The take-home salary calculation is based on the average Samco Mutual Fund Relationship Manager salary in India which ranges between ₹2.8 Lakhs to ₹6.1 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Samco Mutual Fund Relationship Managers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Samco Mutual Fund Relationship Manager Salaries

Samco Mutual Fund Relationship Manager salary in India ranges between ₹2.8 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Samco Mutual Fund latest salaries received from various employees of Samco Mutual Fund.