Union Mutual Fund Cluster Manager Salaries by 6 Employees

7 - 15 years exp.

₹5.3 Lakhs - ₹9.8 Lakhs

Salary of majority employees

19% less than the average Cluster Manager Salary in Internet Companies for 7 - 15 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Union Mutual Fund for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Cluster Manager Salary 6 - 18 years exp. (26 salaries)	₹8.4 L/yr - ₹21.6 L/yr 106% more
Nippon Life India Asset Management Cluster Manager Salary 13 - 20 years exp. (11 salaries)	₹13 L/yr - ₹19.8 L/yr 121% more	2 job openings
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Kotak Mahindra Bank Cluster Manager Salary 4 - 16 years exp. (63 salaries)	₹3.9 L/yr - ₹16.2 L/yr 27% more
Axis Mutual Fund Cluster Manager Salary 3 - 12 years exp. (6 salaries)	₹4.5 L/yr - ₹8.5 L/yr 20% less
Zolo Cluster Manager Salary 5 - 8 years exp. (12 salaries)	₹5.6 L/yr - ₹12.5 L/yr 1% more
Weddingz.in Cluster Manager Salary 4 - 10 years exp. (7 salaries)	₹4.2 L/yr - ₹15 L/yr 22% more
MagicBricks Cluster Manager Salary 7 - 15 years exp. (5 salaries)	₹9 L/yr - ₹16.1 L/yr 61% more
Verse Innovation Cluster Manager Salary 4 - 6 years exp. (4 salaries)	₹8.2 L/yr - ₹13 L/yr 41% more
Toothsi Cluster Manager Salary 10 - 11 years exp. (3 salaries)	₹11 L/yr - ₹12 L/yr 56% more

Cluster Manager salary at Union Mutual Fund ranges between ₹5.3 Lakhs to ₹9.8 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Union Mutual Fund.

Experience wise Union Mutual Fund Cluster Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹5.3 L/yr
8 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.8 L/yr
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9 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.4 L/yr
10 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
11 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
12 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.4 L/yr
13 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
14 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹16.6 L/yr
15+ years (AmbitionBox Estimate)	₹3.9 L/yr - ₹9.8 L/yr

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Similar Designation salaries in Union Mutual Fund

Cluster Head Salary

(4 salaries)

₹8.4 L/yr - ₹18 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹21.2 L/yr - ₹27.1 L/yr

Deputy Manager Salary

(13 salaries)

₹5.95 L/yr - ₹9.8 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Relationship Manager Salary

(74 salaries)

₹2.7 L/yr - ₹6.22 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Area Head Salary

(4 salaries)

₹6.9 L/yr - ₹10.4 L/yr

Sales Executive Salary

(10 salaries)

₹3 L/yr - ₹4.5 L/yr

Salary related reviews for Union Mutual Fund

Relationship Manager in Surat

Full Time

Marketing & Communication Department

1.0

• posted on 01 Jun 2024

1.0

for Salary and Benefits

Likes

Nothing to like in this company

Dislikes

... there is lot of seniors who are extremely lasy people with lot of bad attitude. They never give appropriate bonus or incentives to any one only put every money in there pockets. This is the company which will give you targets as per industry standards but they will not give you bonus or increament at that time they will start searching new guys to whom they can hire on cheaper cost so that they don't have to give you bonus. Verry pathetic mentality guys are there.

Salary - Bad

+6 more

Manager in Mumbai

Full Time

Human Resources Department

3.0

• posted on 25 Jul 2024

2.0

for Salary and Benefits

Likes

The top management is very approachable Good insurance benefits Great learning opportunity

Dislikes

Below industry pay package Promotions/grades are not well defined as per experience hence alot of disparity No work from home

Salary - Poor

+4 more

Relationship Manager in Durgapur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 06 May 2024

3.0

for Salary and Benefits

Likes

There is nothing to like here.

Dislikes

This company ruined my career. I worked there very short span of time of 3 months. I was compelled to give my resignation here because of bad behaviour of reporting manager Prianka Roy. In my location four guys joined and left in six months due to bad work culture. Now I am struggling for job of more than one year. Very terrible work culture is there.

Skill development - Bad

+5 more

Intern in Mumbai

Operations Department

5.0

• posted on 03 Sep 2020

5.0

for Salary and Benefits

Likes

All the employees used to corporate with interns and help them to learn more about their works and industry. Overall they paid really well to interns as compared to other companies.

Salary - Excellent

+3 more

Dislikes

Career growth is limited.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Union Mutual Fund Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Union Mutual Fund ?

The average salary of a Cluster Manager at Union Mutual Fund in India typically ranges from ₹5.3 Lakhs to ₹9.8 Lakhs per year, depending on experience (from 7 years to 15 years).

The top 10% of Cluster Manager at Union Mutual Fund earn more than ₹9.7 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Cluster Manager Salaries at Union 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 6 Union Mutual Fund employees in India.

What is the estimated take home salary of a Cluster Manager at Union Mutual Fund in India?

The estimated take-home salary of a Cluster Manager at Union Mutual Fund in India typically ranges from ₹55,660 to ₹57,054 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from 7 years to 15 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 6 salaries received from various employees of Union Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Union Mutual Fund for Cluster Manager in India?

Nippon Life India Asset Management	₹13.0 Lakhs to ₹19.8 Lakhs per year
ICICI Prudential Mutual Fund	₹8.4 Lakhs to ₹21.6 Lakhs per year
MagicBricks	₹9.0 Lakhs to ₹16.1 Lakhs per year
Toothsi	₹11.0 Lakhs to ₹12.0 Lakhs per year
Verse Innovation	₹8.2 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Union Mutual Fund, depending on the role and experience level.

What is the salary of a Cluster Manager in companies similar to Union Mutual Fund in India?

The salary of a Cluster Manager at companies similar to Union Mutual Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank	₹3.9 Lakhs to ₹16.2 Lakhs per year
Weddingz.in	₹4.2 Lakhs to ₹15.0 Lakhs per year
Zolo	₹5.6 Lakhs to ₹12.5 Lakhs per year
Axis Mutual Fund	₹4.5 Lakhs to ₹8.5 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 Cluster Manager at Union Mutual Fund in India?

The salary growth for a Cluster Manager at Union Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Cluster Manager can expect the following growth trajectory at Union Mutual Fund:

Experience	Average Salary Range
7 years	₹5.3 Lakhs to ₹5.3 Lakhs per year
8 years	₹2.3 Lakhs to ₹5.8 Lakhs per year
9 years	₹6.0 Lakhs to ₹11.4 Lakhs per year
10 years	₹6.2 Lakhs to ₹7.9 Lakhs per year

and so on.

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Union Mutual Fund Cluster Manager Salaries

Union Mutual Fund Cluster Manager salary in India ranges between ₹5.3 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Union Mutual Fund latest salaries received from various employees of Union Mutual Fund.