SBI Mutual Fund Executive Salaries by 10+ Employees (Updated 2025)

0 - 3 years exp.

₹3 Lakhs - ₹5 Lakhs

Salary of majority employees

12% less than the average Executive Salary in Financial Services Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Executive Salary 0 - 3 years exp. (5 salaries)	₹4 L/yr - ₹5 L/yr
Finance & Accounting Executive Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr
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Sales & Business Development Executive Salary 1 year exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.1 L/yr

Last Updated: 22 Sep 2024

Companies similar to SBI Mutual Fund for Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Executive Salary 0 - 10 years exp. (46 salaries)	₹3 L/yr - ₹4.5 L/yr 7% less
Nippon Life India Asset Management Executive Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4.5 L/yr 18% less
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Axis Mutual Fund Executive Salary 0 - 4 years exp. (8 salaries)	₹2.5 L/yr - ₹3.7 L/yr 30% less
Kotak Mahindra Bank Executive Salary 0 - 7 years exp. (133 salaries)	₹1.2 L/yr - ₹5.1 L/yr 33% less
Franklin Templeton Investments Executive Salary 1 - 6 years exp. (70 salaries)	₹1.6 L/yr - ₹5 L/yr 22% less
L&T Finance Executive Salary 1 - 8 years exp. (28 salaries)	₹1.8 L/yr - ₹3.5 L/yr 44% less
Macquarie Group Executive Salary 2 - 8 years exp. (534 salaries)	₹10 L/yr - ₹27 L/yr 315% more
Axis Direct Executive Salary 1 - 4 years exp. (98 salaries)	₹1.5 L/yr - ₹4.1 L/yr 38% less
Sharekhan Executive Salary 0 - 6 years exp. (58 salaries)	₹1.8 L/yr - ₹3.5 L/yr 29% less
MUFG Bank Executive Salary 0 - 3 years exp. (27 salaries)	₹2 L/yr - ₹3.9 L/yr 29% less
Kotak Securities Executive Salary 1 - 3 years exp. (10 salaries)	₹2 L/yr - ₹3.6 L/yr 29% less
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Morningstar Executive Salary 2 - 8 years exp. (7 salaries)	₹4.5 L/yr - ₹6.8 L/yr 40% more
Reliance Capital Executive Salary 2 - 7 years exp. (7 salaries)	₹1.4 L/yr - ₹3.7 L/yr 36% less
CSC Global Executive Salary 0 - 10 years exp. (4 salaries)	₹2.8 L/yr - ₹10 L/yr 36% more
Ocwen Financial Solutions Executive Salary 3 - 5 years exp. (4 salaries)	₹2.6 L/yr - ₹4.8 L/yr 8% less
Sun Life Financial Executive Salary 1 - 4 years exp. (3 salaries)	₹3 L/yr - ₹10 L/yr 47% more
Synchrony Executive Salary 0 - 2 years exp. (3 salaries)	₹3.3 L/yr - ₹4.9 L/yr 3% more
Ameriprise Financial Executive Salary 1 - 3 years exp. (3 salaries)	₹4.7 L/yr - ₹9 L/yr 53% more

Executive salary at SBI Mutual Fund ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 13 latest salaries received from various employees of SBI Mutual Fund.

Experience wise SBI Mutual Fund Executive salaries

Last Updated: 22 Sep 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹4 L/yr - ₹5 L/yr
1 year (6 salaries)	₹3.5 L/yr - ₹5 L/yr
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2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
3 years (3 salaries)	₹3 L/yr - ₹7.3 L/yr

From

Executive

₹

Lakhs/yr

0 - 3 years exp.

Deputy Manager

₹

Lakhs/yr

2 - 10 years exp.

Executive 0 - 3 years exp.

Assistant Manager 0 - 6 years exp.

41% hike

Deputy Manager 2 - 10 years exp.

36% hike

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.

Similar Designation salaries in SBI Mutual Fund

Chemist Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Officer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Deputy Manager Salary

(92 salaries)

₹4.7 L/yr - ₹13.5 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Quality Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Top skills at SBI Mutual Fund for Executive

Client Acquisition Account Management Taxation Sales Business Planning

Salary related reviews for SBI Mutual Fund

3.5

Rated by 6 employees for salary & benefits

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

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.

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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SBI Mutual Fund Executive Salary FAQs

What is the salary of Executive at SBI Mutual Fund?

Executive salary at SBI Mutual Fund in India ranges between ₹3.0 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 12% less than the average Executive Salary in India. Salary estimates are based on 13 latest salaries received from various employees of SBI Mutual Fund India.

How does the salary of a Executive at SBI Mutual Fund India compare with the average salary range for this job?

The average salary of a Executive at SBI Mutual Fund is 12% less than the average salary of a Executive in India. To know exact salary insights, login to view.

What are the top skills required to work as a Executive at SBI Mutual Fund?

Client Acquisition, Account Management, Taxation, Sales and Business Planning are some of the popular skills required to work as a Executive at SBI Mutual Fund India.

Which similar companies are paying more than SBI Mutual Fund to a Executive in India?

Macquarie Group Executive Salary - ₹10.0 Lakhs to ₹27.0 Lakhs per year
Ameriprise Financial Executive Salary - ₹4.7 Lakhs to ₹9.0 Lakhs per year
Sun Life Financial Executive Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
Morningstar Executive Salary - ₹4.5 Lakhs to ₹6.8 Lakhs per year
CSC Global Executive Salary - ₹2.8 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Executive in companies similar to SBI Mutual Fund in India?

Synchrony Executive Salary - ₹3.3 Lakhs to ₹4.9 Lakhs per year
ICICI Prudential Mutual Fund Executive Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
Ocwen Financial Solutions Executive Salary - ₹2.6 Lakhs to ₹4.8 Lakhs per year
Nippon Life India Asset Management Executive Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
Franklin Templeton Investments Executive Salary - ₹1.6 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Executive at SBI Mutual Fund in India?

The estimated take-home salary of a Executive at SBI Mutual Fund ranges between ₹30,199 per month to ₹31,511 per month in India. The take-home salary calculation is based on the average SBI Mutual Fund Executive salary in India which ranges between ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Executive at SBI Mutual Fund?

According to AmbitionBox, 57% of the SBI Mutual Fund Executives reported a notice period of 1 Month, 29% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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SBI Mutual Fund Executive Salaries

SBI Mutual Fund Executive salary in India ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.