Union Mutual Fund Mumbai Salaries by 100+ Employees (Updated 2025)

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Finance & Accounting BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations + 5 more

Designation	Avg Annual Salary	Open Jobs
Deputy Manager 2 - 11 years exp. · Mumbai (9 salaries)	₹6 L/yr - ₹9.8 L/yr
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Relationship Executive 4 - 9 years exp. · Mumbai (9 salaries)	₹3.5 L/yr - ₹4.3 L/yr
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Sales Executive 7 - 11 years exp. · Mumbai (5 salaries)	₹3.7 L/yr - ₹4.5 L/yr
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Senior Relationship Manager 9 - 12 years exp. · Mumbai (5 salaries)	₹7.2 L/yr - ₹11.3 L/yr
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Risk Analyst 0 - 5 years exp. · Mumbai (5 salaries)	₹3.2 L/yr - ₹13.4 L/yr
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Design Executive 3 - 6 years exp. · Mumbai (5 salaries)	₹4.7 L/yr - ₹4.8 L/yr
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Operations Executive 1 - 6 years exp. · Mumbai (5 salaries)	₹2.7 L/yr - ₹5 L/yr
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Relationship Manager 1 - 9 years exp. · Mumbai (4 salaries)	₹4.1 L/yr - ₹6 L/yr
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Associate Vice President 20 - 22 years exp. · Mumbai (3 salaries)	₹11.5 L/yr - ₹15 L/yr
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Graphic Designer 3 - 7 years exp. · Mumbai (3 salaries)	₹4.5 L/yr - ₹4.6 L/yr
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Deputy Manager Operations 1 - 4 years exp. · Mumbai (3 salaries)	₹8 L/yr - ₹11.3 L/yr
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HR Executive 9 - 11 years exp. · Mumbai (3 salaries)	₹3.6 L/yr - ₹4.2 L/yr
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Marketing Manager 9 - 15 years exp. · Mumbai (3 salaries)	₹7 L/yr - ₹19.8 L/yr
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Senior Manager Finance 17 - 18 years exp. · Mumbai (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
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Senior Marketing Manager 13 - 14 years exp. · Mumbai (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
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Manager Sales & Marketing 12 years exp. · Mumbai (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
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Associate Vice President Finance 20 - 21 years exp. · Mumbai (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
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Equity Research Analyst 5 - 7 years exp. · Mumbai (AmbitionBox Estimate)	₹20.3 L/yr - ₹25.9 L/yr
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Assistant Manager- HR 12 - 13 years exp. · Mumbai (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
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Executive Assistant to CEO 4 - 6 years exp. · Mumbai (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Salary related reviews for Union Mutual Fund

3.4

Rated by 20 employees for salary & benefits

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 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

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.

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Union Mutual Fund interview questions by designations

Relationship Manager (2)Relationship Officer (1)Senior IT Manager (1)

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Know more about Union Mutual Fund Mumbai

Union Mutual Fund Salary FAQs

How much does Union Mutual Fund pay to its employees?

The average annual salary at Union Mutual Fund varies depending on the role, experience, and location. The salary ranges for some popular designations at Union Mutual Fund, are as follows:

Deputy Manager	₹6 Lakhs to ₹9.8 Lakhs per year
Relationship Executive	₹3.5 Lakhs to ₹4.3 Lakhs per year
Sales Executive	₹3.7 Lakhs to ₹4.5 Lakhs per year
Senior Relationship Manager	₹7.2 Lakhs to ₹11.3 Lakhs per year

The highest-paying role, Vice President, earns between ₹26 Lakhs to ₹32.5 Lakhs per year. The top 10% of employees earn more than ₹12 Lakhs per year, and the top 1% earn over ₹32.9 Lakhs per year. 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 salary estimates are based on data from 126 salaries submitted by Union Mutual Fund employees. Union Mutual Fund is rated 3.4 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Union Mutual Fund in Mumbai?

The salary of a fresher at Union Mutual Fund in Mumbai typically ranges from ₹2.7 Lakhs to ₹4 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Relationship Officer Salary	₹2.7 Lakhs to ₹4 Lakhs per year
Fresher as a Relationship Executive Salary	₹3.3 Lakhs to ₹4 Lakhs per year
Fresher as a Relationship Manager Salary	₹3.5 Lakhs to ₹5 Lakhs per year
Fresher as a Management Trainee Salary	₹3.4 Lakhs to ₹4.4 Lakhs per year

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Average annual salary in Union Mutual Fund , Mumbai is INR . Salary estimates are based on 100+ Union Mutual Fund latest salaries received from various employees of Union Mutual Fund.