SBI Mutual Fund Senior Executive Salaries by 4 Employees (Updated 2024)

2 - 16 years exp.

₹3.5 Lakhs - ₹3.9 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Senior Executive Salary in Financial Services Companies for 2 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Executive Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Sales & Business Development Senior Executive Salary 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 12 Dec 2023

Companies similar to SBI Mutual Fund for Senior Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Senior Executive Salary 3 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹5.5 L/yr 26% more
Nippon Life India Asset Management Senior Executive Salary 0 - 14 years exp. (23 salaries)	₹3.3 L/yr - ₹7 L/yr 31% more
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Axis Mutual Fund Senior Executive Salary 0 - 7 years exp. (4 salaries)	₹2 L/yr - ₹4.6 L/yr 9% less
Kotak Mahindra Bank Senior Executive Salary 0 - 7 years exp. (108 salaries)	₹1.1 L/yr - ₹5.7 L/yr 14% less
Franklin Templeton Investments Senior Executive Salary 3 - 10 years exp. (41 salaries)	₹2 L/yr - ₹6 L/yr 12% more
UTI Mutual Fund Senior Executive Salary 3 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.5 L/yr 26% less
L&T Finance Senior Executive Salary 1 - 8 years exp. (188 salaries)	₹2 L/yr - ₹6.5 L/yr 3% more
Axis Direct Senior Executive Salary 0 - 10 years exp. (281 salaries)	₹1.8 L/yr - ₹4.7 L/yr 4% less
Synchrony Senior Executive Salary 1 - 10 years exp. (99 salaries)	₹3 L/yr - ₹6.6 L/yr 31% more
Sharekhan Senior Executive Salary 0 - 8 years exp. (81 salaries)	₹1.8 L/yr - ₹4.8 L/yr 2% less
Ocwen Financial Solutions Senior Executive Salary 3 - 13 years exp. (20 salaries)	₹3.5 L/yr - ₹6 L/yr 34% more
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Sun Life Financial Senior Executive Salary 0 - 7 years exp. (10 salaries)	₹6.3 L/yr - ₹15 L/yr 170% more
Morningstar Senior Executive Salary 5 - 9 years exp. (9 salaries)	₹4 L/yr - ₹9.5 L/yr 75% more	1 job opening
Reliance Capital Senior Executive Salary 4 - 10 years exp. (8 salaries)	₹3.4 L/yr - ₹5.8 L/yr 6% more
CSC Global Senior Executive Salary 5 - 9 years exp. (7 salaries)	₹5.3 L/yr - ₹10.5 L/yr 111% more
Apex Group Senior Executive Salary 8 - 11 years exp. (7 salaries)	₹8.7 L/yr - ₹15.6 L/yr 219% more
Kotak Securities Senior Executive Salary 5 - 7 years exp. (6 salaries)	₹3.5 L/yr - ₹4.2 L/yr 5% more
TSYS\|Total System Services Senior Executive Salary 7 - 11 years exp. (6 salaries)	₹6.8 L/yr - ₹12.4 L/yr 141% more
Macquarie Group Senior Executive Salary 4 - 7 years exp. (5 salaries)	₹5.6 L/yr - ₹18.2 L/yr 184% more
FactSet Senior Executive Salary 2 - 6 years exp. (4 salaries)	₹1.1 L/yr - ₹9.9 L/yr 27% more

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Senior Executive salary at SBI Mutual Fund ranges between ₹3.5 Lakhs to ₹3.9 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Mutual Fund.

Experience wise SBI Mutual Fund Senior Executive salaries

Last Updated: 12 Dec 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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14 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
15+ years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in SBI Mutual Fund

Finance Executive Salary

(4 salaries)

₹2 L/yr - ₹2.75 L/yr

Audit Assistant Salary

(3 salaries)

₹1.8 L/yr - ₹2.4 L/yr

Accountant Salary

(3 salaries)

₹1.1 L/yr - ₹5 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹12 L/yr - ₹15.3 L/yr

Deputy Manager Salary

(107 salaries)

₹4.5 L/yr - ₹13.5 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Management Trainee Salary

(4 salaries)

₹3 L/yr - ₹6.83 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for SBI Mutual Fund

3.9

Rated by 3 employees for salary & benefits

Senior Executive in Indore

Customer Success, Service & Operations Department

2.0

• posted on 25 Oct 2018

2.0

for Salary and Benefits

Likes

Very good good team work good infrastructure nice people .

Dislikes

Work pressure is very high and no off roll growth same work done by off roll by hike is lleno compensation I am working night to night manager do not value an individual.i do not receive appreciate ion email phone my client ifa bankers,but the mostly go un noticed during my mid year appraisals.

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...

Dislikes

Bad salary... they can at least make salary on par with market for loyal employees..

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.

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.

Dislikes

Growth opportunities Salary increament Learning

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Mutual Fund Senior Executive Salary FAQs

What is the salary of Senior Executive at SBI Mutual Fund?

Senior Executive salary at SBI Mutual Fund in India ranges between ₹3.5 Lakhs to ₹3.9 Lakhs for experience between 2 years to 16 years. According to our estimates it is 34% less than the average Senior Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Mutual Fund India.

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

The average salary of a Senior Executive at SBI Mutual Fund is 34% less than the average salary of a Senior Executive in India. To know exact salary insights, login to view.

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

Better.com Senior Executive Salary - ₹10.3 Lakhs to ₹15.0 Lakhs per year
Apex Group Senior Executive Salary - ₹8.7 Lakhs to ₹15.6 Lakhs per year
ANZ Operations & Technology Senior Executive Salary - ₹3.0 Lakhs to ₹25.0 Lakhs per year
Ameriprise Financial Senior Executive Salary - ₹6.7 Lakhs to ₹19.0 Lakhs per year
Macquarie Group Senior Executive Salary - ₹5.6 Lakhs to ₹18.2 Lakhs per year

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

Sun Life Financial Senior Executive Salary - ₹6.3 Lakhs to ₹15.0 Lakhs per year
TSYS|Total System Services Senior Executive Salary - ₹6.8 Lakhs to ₹12.4 Lakhs per year
CSC Global Senior Executive Salary - ₹5.3 Lakhs to ₹10.5 Lakhs per year
Morningstar Senior Executive Salary - ₹4.0 Lakhs to ₹9.5 Lakhs per year
MUFG Bank Senior Executive Salary - ₹2.0 Lakhs to ₹15.0 Lakhs per year

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

The estimated take-home salary of a Senior Executive at SBI Mutual Fund ranges between ₹26,720 per month to ₹28,133 per month in India. The take-home salary calculation is based on the average SBI Mutual Fund Senior Executive salary in India which ranges between ₹3.5 Lakhs to ₹3.9 Lakhs per year for employees with experience between 2 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the SBI Mutual Fund Senior Executives reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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SBI Mutual Fund Senior Executive Salaries

SBI Mutual Fund Senior Executive salary in India ranges between ₹3.5 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.