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SBI Mutual Fund

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SBI Mutual Fund Salaries in New Delhi (Updated 2025)

based on 59 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Finance & Accounting Sales & Business Development + 1 more
Designation Avg Annual Salary Open Jobs
1 - 5 years exp. · New Delhi (4 salaries)
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₹2.4 L/yr - ₹5.5 L/yr

8 job openings
12 - 14 years exp. · New Delhi (3 salaries)
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₹9.9 L/yr - ₹12.7 L/yr

1 - 2 years exp. · New Delhi (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr

7 - 8 years exp. · New Delhi (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr

Starting your career? Discover SBI Mutual Fund fresher salaries in India
10 - 11 years exp. · New Delhi (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

4 - 5 years exp. · New Delhi (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.1 L/yr

7 - 8 years exp. · New Delhi (AmbitionBox Estimate)
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₹16 L/yr - ₹20.4 L/yr

6 years exp. · New Delhi (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

1 year exp. · New Delhi (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Fresher · New Delhi (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

4 years exp. · New Delhi (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

5 years exp. · New Delhi (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

8 years exp. · New Delhi (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

1 year exp. · New Delhi (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

1 year exp. · New Delhi (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

5 years exp. · New Delhi (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

7 years exp. · New Delhi (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

4 years exp. · New Delhi (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

3 years exp. · New Delhi (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

1 year exp. · New Delhi (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

Last Updated: 29 Mar, 2025

Salary related reviews for SBI Mutual Fund

3.1

Rated by 7 employees for salary & benefits

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.

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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.

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  • 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...

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  • 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

 · 

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.

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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

SBI Mutual Fund Salary FAQs

How much does SBI Mutual Fund pay to its employees?
The average annual salary at SBI Mutual Fund varies depending on the role, experience, and location. The salary ranges for some popular designations at SBI Mutual Fund, are as follows:

Relationship Manager ₹2.4 Lakhs to ₹5.5 Lakhs per year
Customer Service Manager ₹9.9 Lakhs to ₹12.7 Lakhs per year
Management Associate ₹6.8 Lakhs to ₹8.6 Lakhs per year
Deputy Manager Scale 2 ₹7.7 Lakhs to ₹9.8 Lakhs per year

The highest-paying role, Deputy Vice President, earns between ₹28.5 Lakhs to ₹60 Lakhs per year. The top 10% of employees earn more than ₹19.2 Lakhs per year, and the top 1% earn over ₹60 Lakhs per year. 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 salary estimates are based on data from 59 salaries submitted by SBI Mutual Fund employees. SBI Mutual Fund is rated 3.1 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at SBI Mutual Fund in New Delhi?
The salary of a fresher at SBI Mutual Fund in New Delhi typically ranges from ₹2 Lakhs to ₹8.3 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Relationship Manager Salary ₹2 Lakhs to ₹6 Lakhs per year
Fresher as a Sales Executive Salary ₹2 Lakhs to ₹3.5 Lakhs per year
Fresher as a Operations Executive Salary ₹2 Lakhs to ₹3 Lakhs per year
Fresher as a Customer Service Executive Salary ₹1.5 Lakhs to ₹3 Lakhs per year

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Average annual salary in SBI Mutual Fund , New Delhi is INRunlock blur . Salary estimates are based on 50+ SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.

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