Upload Button Icon Add office photos
filter salariesFilter salaries by
Designation
Experience
Mumbai
Department

Clear (1)

SBI Mutual Fund Salaries in Mumbai

based on 463 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Sales & Business Development Customer Success, Service & Operations + 6 more
Designation Avg Annual Salary Open Jobs
3 - 12 years exp. · Mumbai (29 salaries)
unlock blur

₹6 L/yr - ₹13.5 L/yr

1 job opening
9 - 19 years exp. · Mumbai (20 salaries)
unlock blur

₹14.5 L/yr - ₹28.2 L/yr

13 - 21 years exp. · Mumbai (17 salaries)
unlock blur

₹29 L/yr - ₹42.9 L/yr

17 - 27 years exp. · Mumbai (6 salaries)
unlock blur

₹28.5 L/yr - ₹60 L/yr

Starting your career? Discover SBI Mutual Fund fresher salaries in India
0 - 4 years exp. · Mumbai (6 salaries)
unlock blur

₹2 L/yr - ₹5.5 L/yr

15 job openings
0 - 5 years exp. · Mumbai (5 salaries)
unlock blur

₹9.2 L/yr - ₹13 L/yr

5 - 9 years exp. · Mumbai (4 salaries)
unlock blur

₹25 L/yr - ₹40 L/yr

17 - 22 years exp. · Mumbai (4 salaries)
unlock blur

₹24 L/yr - ₹25.9 L/yr

3 - 6 years exp. · Mumbai (4 salaries)
unlock blur

₹12.5 L/yr - ₹14.5 L/yr

1 - 7 years exp. · Mumbai (4 salaries)
unlock blur

₹2 L/yr - ₹4 L/yr

1 job opening
2 - 6 years exp. · Mumbai (4 salaries)
unlock blur

₹12 L/yr - ₹25 L/yr

4 - 12 years exp. · Mumbai (4 salaries)
unlock blur

₹16 L/yr - ₹30 L/yr

5 - 12 years exp. · Mumbai (4 salaries)
unlock blur

₹22.5 L/yr - ₹28.8 L/yr

5 - 7 years exp. · Mumbai (4 salaries)
unlock blur

₹17 L/yr - ₹21 L/yr

1 - 5 years exp. · Mumbai (3 salaries)
unlock blur

₹2.8 L/yr - ₹4 L/yr

4 - 8 years exp. · Mumbai (3 salaries)
unlock blur

₹11 L/yr - ₹17 L/yr

3 - 5 years exp. · Mumbai (3 salaries)
unlock blur

₹1.8 L/yr - ₹2.4 L/yr

4 - 7 years exp. · Mumbai (3 salaries)
unlock blur

₹5.4 L/yr - ₹20.5 L/yr

14 - 15 years exp. · Mumbai (3 salaries)
unlock blur

₹27 L/yr - ₹43 L/yr

14 - 19 years exp. · Mumbai (3 salaries)
unlock blur

₹30 L/yr - ₹70 L/yr

Last Updated: 2 Feb, 2025

Salary related reviews for SBI Mutual Fund

3.6

Rated by 47 employees for salary & benefits

Finance & Accounting Department

5.0
  •  posted on 27 Jun 2019

3.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopt latest technolgy. In this company It's really the opportunity to learn more and built the Relationship with high reputed person. Management & learning program are good of this company

read more
  • Skill development - Good
  • +1 more

Dislikes

...I have to work 12-14 hrs straight in a day.. Even in sometimes in weekend also. Compensation nd growth both are slow.

read more
  • Work satisfaction - Bad
  • +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

 · 

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
see more salary related reviews

SBI Mutual Fund Salary FAQs

How much does SBI Mutual Fund pay per year?
The average SBI Mutual Fund salary ranges from approximately ₹0.5 Lakh to ₹2 Lakhs per year for a Banking Assistant and ₹28.5 Lakhs to ₹60 Lakhs per year for a Deputy Vice President. Salary estimates are based on 463 SBI Mutual Fund salaries received from various employees of SBI Mutual Fund. SBI Mutual Fund employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in SBI Mutual Fund?
The highest-paying job at SBI Mutual Fund is a Deputy Vice President with a salary of ₹28.5 Lakhs to ₹60 Lakhs per year. The top 10% of employees earn more than ₹19.13 lakhs per year. The top 1% earn more than a whopping ₹53.19 lakhs per year.
What is the minimum salary in SBI Mutual Fund?
Minimum salary at SBI Mutual Fund depends on the role you are applying for. For Operations Executive the minimum salary is ₹2 Lakhs to ₹3.1 Lakhs per year, and for Customer Service Executive the minimum salary is ₹1.5 Lakh to ₹4.5 Lakhs per year and so on.
What is the salary package for freshers in SBI Mutual Fund?
The average salary at SBI Mutual Fund for freshers varies from ₹2 Lakhs to ₹3 Lakhs per year for Operations Executive and ₹3.6 Lakhs to ₹7.5 Lakhs per year for Assistant Manager.
What is the notice period at SBI Mutual Fund in Mumbai?
According to AmbitionBox, 62% of the SBI Mutual Fund employees in Mumbai reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 215 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Average annual salary in SBI Mutual Fund , Mumbai is INRunlock blur . Salary estimates are based on 463 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.

write
Rate your company