SBI Mutual Fund Manager Salaries by 5 Employees

5 - 11 years exp.

₹7.5 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

24% less than the average Manager Salary in Financial Services Companies for 5 - 11 years of experience

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Last Updated: 31 Jul 2024

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Manager salary at SBI Mutual Fund ranges between ₹7.5 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Mutual Fund.

Latest annual salaries shared by SBI Mutual Fund Manager in Finance & Accounting department

3d ago

₹12 Lakhs

15 years exp.

1mo ago

₹10.3 Lakhs

14 years exp.

2mo ago

₹12 Lakhs

14 years exp.

2mo ago

₹7.2 Lakhs

8 years exp.

3mo ago

₹16.8 Lakhs

4 years exp.

3mo ago

10 years exp.

3mo ago

15 years exp.

4mo ago

13 years exp.

5mo ago

7 years exp.

6mo ago

8 years exp.

Experience wise SBI Mutual Fund Manager salaries in Finance & Accounting department

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
6 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.5 L/yr
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7 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
8 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
9 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
10 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
11 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr

View all

From

Manager

4 - 15 years exp.

Senior Manager

8 - 15 years exp.

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.

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Top skills at SBI Mutual Fund for Manager

Ca Cloud VMware SAN Virtualization

Salary related reviews for SBI Mutual Fund

5.0

Rated by 2 employees for salary & benefits

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.

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

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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SBI Mutual Fund Manager salary in Finance & Accounting department in India ranges between ₹7.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.