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SBI Mutual Fund

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SBI Mutual Fund Executive salaries in India (Updated 2025)

Annual salary range
0 - 3 years exp.
₹3 Lakhs - ₹5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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10% 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)
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₹4 L/yr - ₹5 L/yr

Finance & Accounting
Executive Salary
1 - 3 years exp. (3 salaries)
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₹3 L/yr - ₹5 L/yr

Sales & Business Development
Executive Salary
1 year exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹4.2 L/yr

Last Updated: 10 Mar 2025

Companies similar to SBI Mutual Fund for Executive

Company name Avg Annual Salary Open Jobs
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Macquarie Group Executive Salary

2 - 8 years exp. (535 salaries)

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₹9 L/yr - ₹26 L/yr

arrow icon 305% more
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Axis Direct Executive Salary

1 - 4 years exp. (99 salaries)

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₹1.5 L/yr - ₹4.1 L/yr

arrow icon 40% less
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₹1.6 L/yr - ₹5 L/yr

arrow icon 18% less
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Sharekhan Executive Salary

0 - 5 years exp. (54 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 31% less
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MUFG Bank Executive Salary

0 - 3 years exp. (27 salaries)

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₹2 L/yr - ₹3.9 L/yr

arrow icon 31% less
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Kotak Securities Executive Salary

1 - 4 years exp. (10 salaries)

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₹2 L/yr - ₹3.6 L/yr

arrow icon 30% less
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Srei Equipment Finance Executive Salary

5 - 11 years exp. (8 salaries)

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₹1.7 L/yr - ₹3.7 L/yr

arrow icon 45% less
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Morningstar Executive Salary

2 - 8 years exp. (7 salaries)

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₹4.5 L/yr - ₹6.8 L/yr

arrow icon 37% more
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Reliance Capital Executive Salary

2 - 7 years exp. (7 salaries)

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₹1.4 L/yr - ₹3.7 L/yr

arrow icon 37% less
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GE Money Executive Salary

1 - 5 years exp. (7 salaries)

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₹1.7 L/yr - ₹2 L/yr

arrow icon 56% less
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CSC Executive Salary

0 - 10 years exp. (4 salaries)

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₹2.8 L/yr - ₹10 L/yr

arrow icon 33% more
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XL India Business Services Executive Salary

1 - 3 years exp. (4 salaries)

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₹3.9 L/yr - ₹5.5 L/yr

arrow icon 8% more
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Ocwen Financial Solutions Executive Salary

3 - 6 years exp. (4 salaries)

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₹2.6 L/yr - ₹4.8 L/yr

arrow icon 10% less
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Sun Life Financial Executive Salary

1 - 4 years exp. (3 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 44% more
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Synchrony Executive Salary

0 - 2 years exp. (3 salaries)

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₹3.3 L/yr - ₹4.9 L/yr

arrow icon 1% more
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Ameriprise Financial Executive Salary

1 - 3 years exp. (3 salaries)

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₹4.7 L/yr - ₹9 L/yr

arrow icon 49% 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 10 latest salaries received from various employees of SBI Mutual Fund.

Latest annual salaries shared by SBI Mutual Fund Executive

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Experience wise SBI Mutual Fund Executive salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.7 L/yr - ₹5 L/yr
1 year  (5 salaries)

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₹3.6 L/yr - ₹5 L/yr
2 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
3 years  (3 salaries)

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₹3 L/yr - ₹7.5 L/yr
SBI Mutual Fund Executive Salary and Career Growth

From

To

Executive

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0 - 3 years exp.

Deputy Manager

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2 - 10 years exp.

Executive 0 - 3 years exp.
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Assistant Manager 0 - 8 years exp.
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arrow icon 32% hike
    Deputy Manager 2 - 10 years exp.
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    arrow icon 44% 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)
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    ₹0.9 L/yr - ₹1.2 L/yr
    Officer Salary
    (AmbitionBox Estimate)
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    ₹1.1 L/yr - ₹1.4 L/yr
    Deputy Manager Salary
    (95 salaries)
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    ₹4.7 L/yr - ₹13.5 L/yr
    Senior Officer Salary
    (AmbitionBox Estimate)
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    ₹4.5 L/yr - ₹5.8 L/yr
    Quality Analyst Salary
    (AmbitionBox Estimate)
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    ₹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

    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...

    read more
    • 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

    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.

    read more
    • Job security - Good
    • +3 more

    Dislikes

    Low Salary

    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.

    read more

    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.

    read more
    • Job security - Good
    • +1 more

    Dislikes

    Growth opportunities Salary increament Learning

    • Promotions - Bad

    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.

    read more

    Dislikes

    Onroll offroll differentiation is huge Dissatisfied with offroll management No decent hike or salary Takes long time for career growth

    read more
    • Salary - Bad
    • +4 more
    see more salary related reviews

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    SBI Mutual Fund Executive Salary FAQs

    What is the salary of Executive at SBI Mutual Fund ?
    The average salary of a Executive at SBI Mutual Fund in India typically ranges from ₹3.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 3 years).

    The top 10% of Executive at SBI Mutual Fund earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Executive Salaries at SBI 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 estimates are based on salary data submitted by 10 SBI Mutual Fund employees in India.
    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 in India typically ranges from ₹30,945 to ₹32,245 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10 salaries received from various employees of SBI Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Executive at SBI Mutual Fund ?
    To be a Executive at SBI Mutual Fund in india, the key skills required include:

    • - Client Acquisition
    • - Account Management
    • - Taxation
    • - Sales
    • - Business Planning

    These skills are highly valued at SBI Mutual Fund and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than SBI Mutual Fund for Executive in India?
    Macquarie Group ₹9.0 Lakhs to ₹26.0 Lakhs per year
    Ameriprise Financial ₹4.7 Lakhs to ₹9.0 Lakhs per year
    Sun Life Financial ₹3.0 Lakhs to ₹10.0 Lakhs per year
    Morningstar ₹4.5 Lakhs to ₹6.8 Lakhs per year
    CSC ₹2.8 Lakhs to ₹10.0 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Mutual Fund, depending on the role and experience level.
    What is the salary of a Executive in companies similar to SBI Mutual Fund in India?
    The salary of a Executive at companies similar to SBI Mutual Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    XL India Business Services ₹3.9 Lakhs to ₹5.5 Lakhs per year
    Synchrony ₹3.3 Lakhs to ₹4.9 Lakhs per year
    Ocwen Financial Solutions ₹2.6 Lakhs to ₹4.8 Lakhs per year
    Franklin Templeton Investments ₹1.6 Lakhs to ₹5.0 Lakhs per year
    Kotak Securities ₹2.0 Lakhs to ₹3.6 Lakhs per year

    These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
    How the salary growth look like for a Executive at SBI Mutual Fund in India?
    The salary growth for a Executive at SBI Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Executive can expect the following growth trajectory at SBI Mutual Fund:

    Experience Average Salary Range
    Fresher ₹1.7 Lakhs to ₹5.0 Lakhs per year
    1 year ₹3.6 Lakhs to ₹5.0 Lakhs per year
    2 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
    3 years ₹3.0 Lakhs to ₹7.5 Lakhs per year
    and so on.

    Tell us how to improve this page.

    SBI Mutual Fund Executive salary in India ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.