UTI Mutual Fund Assistant Manager Salaries by 50+ Employees (Updated 2025)

1 - 3 years exp.

₹3.2 Lakhs - ₹10 Lakhs

Salary of majority employees

33% less than the average Assistant Manager Salary in Financial Services Companies for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 1 - 3 years exp. (12 salaries)	₹3.2 L/yr - ₹9.1 L/yr
Sales & Business Development Assistant Manager Salary 1 - 3 years exp. (12 salaries)	₹4 L/yr - ₹9 L/yr
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BFSI, Investments & Trading Assistant Manager Salary 1 - 3 years exp. (10 salaries)	₹3.4 L/yr - ₹7.8 L/yr
Data Science & Analytics Assistant Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.6 L/yr
Marketing & Communication Assistant Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 22 Nov 2024

Companies similar to UTI Mutual Fund for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Assistant Manager Salary 0 - 9 years exp. (663 salaries)	₹3 L/yr - ₹7.5 L/yr 5% less
SBI Mutual Fund Assistant Manager Salary 0 - 6 years exp. (227 salaries)	₹3.4 L/yr - ₹8 L/yr 2% less	3 job openings
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Nippon Life India Asset Management Assistant Manager Salary 3 - 9 years exp. (53 salaries)	₹3.7 L/yr - ₹8 L/yr 6% more
Birla Sun Life Mutual Fund Assistant Manager Salary 1 - 8 years exp. (49 salaries)	₹3.3 L/yr - ₹6.5 L/yr 9% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.7k salaries)	₹1.1 L/yr - ₹5 L/yr 38% less
Axis Mutual Fund Assistant Manager Salary 0 - 7 years exp. (59 salaries)	₹2.6 L/yr - ₹8 L/yr 6% more
Franklin Templeton Investments Assistant Manager Salary 6 - 15 years exp. (135 salaries)	₹5.2 L/yr - ₹21 L/yr 130% more
DSP Mutual Fund Assistant Manager Salary 1 - 11 years exp. (20 salaries)	₹5 L/yr - ₹8.5 L/yr 21% more
Mirae Asset Mutual Fund Assistant Manager Salary 7 - 10 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 20% more
Kotak Securities Assistant Manager Salary 0 - 7 years exp. (2.1k salaries)	₹1.6 L/yr - ₹4.8 L/yr 40% less	4 job openings

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Assistant Manager salary at UTI Mutual Fund ranges between ₹3.2 Lakhs to ₹10 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 54 latest salaries received from various employees of UTI Mutual Fund.

Experience wise UTI Mutual Fund Assistant Manager salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
1 year (23 salaries)	₹3.4 L/yr - ₹9.1 L/yr
2 years (22 salaries)	₹3.2 L/yr - ₹10 L/yr
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3 years (9 salaries)	₹3.2 L/yr - ₹7.8 L/yr

From

Assistant Manager

₹

Lakhs/yr

1 - 3 years exp.

Chief Manager

₹

Lakhs/yr

12 - 16 years exp.

Assistant Manager 1 - 3 years exp.

Relationship Manager 1 - 6 years exp.

16% hike

Chief Manager 12 - 16 years exp.

138% hike

From

1 more level

Assistant Manager

1 - 3 years exp.

Assistant Vice President

6 - 8 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in UTI Mutual Fund

Operations Manager Salary

(AmbitionBox Estimate)

₹15.4 L/yr - ₹19.7 L/yr

Team Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Branch Manager Salary

(4 salaries)

₹8.4 L/yr - ₹17.5 L/yr

Deputy Manager Salary

(3 salaries)

₹10 L/yr - ₹18 L/yr

Sales Manager Salary

(4 salaries)

₹8 L/yr - ₹11 L/yr

Relationship Manager Salary

(82 salaries)

₹3 L/yr - ₹10 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Senior Associate Salary

(6 salaries)

₹1.6 L/yr - ₹3 L/yr

Operations Executive Salary

(6 salaries)

₹2 L/yr - ₹2.28 L/yr

Customer Care Executive Salary

(AmbitionBox Estimate)

₹0.8 L/yr - ₹1 L/yr

Salary related reviews for UTI Mutual Fund

4.5

Rated by 5 employees for salary & benefits

Senior Associate Vice President in Mumbai

Full Time

Product Management Department

3.0

• posted on 08 May 2023

3.0

for Salary and Benefits

Likes

A good Fund Management team in place. CIO is doing wonders. An old name in the market.

Dislikes

...red all his competition with in organisation are fired. Talent is not rewarded. Salary hikes are poor. What it is left there is just skeleton of a mammoth.

Promotions - Poor

+1 more

Branch Head At UTI MF Panipat Since 30 March 2021 in Panipat

Full Time

Other Department

5.0

• posted on 28 Jan 2022

3.0

for Salary and Benefits

Likes

Freedom to implement your ideas Supportive Management, Great Exposure in different sales verticals, Job security

Skill development - Excellent

+4 more

Dislikes

Flat Hierarchy results into fewer Growth opportunity. Low salary Growth, Fewer fun activities leading to fatigue.

Management Trainee in Ahmedabad

Full Time

Sales & Business Development Department

5.0

• posted on 03 May 2024

3.0

for Salary and Benefits

Likes

People are supportive, Company provides all sort of trainings to the employee before actually putting any work pressure. Managers here are very good. Work life balance is something I love about UTI. No Disturbance on weekends or After work hours.

Skill development - Good

+3 more

Dislikes

Nothing as such.

Promotions - Poor

Assistant Relationship Manager in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 06 Aug 2024

5.0

for Salary and Benefits

Likes

In touch with equity markets, client facing, sessions on mutual funds with the Fund manager .

Salary - Excellent

+6 more

Dislikes

No proper channel of communication with the Managers.low returns of the fund which impacts the business and difficult to achieve targets

Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 15 Jul 2023

3.0

for Salary and Benefits

Likes

5 day a week Office timing ends at 5.45pm important for work life balance.

Work-life balance - Good

Dislikes

Fund performance not good Target is SOW based which incremental to industry Achievement. Vast distribution for banking but limited people to for coverage. Incentive structure is not good

Promotions - Poor

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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UTI Mutual Fund Assistant Manager Salary FAQs

What is the salary of Assistant Manager at UTI Mutual Fund?

Assistant Manager salary at UTI Mutual Fund in India ranges between ₹3.2 Lakhs to ₹10.0 Lakhs for experience between 1 years to 3 years. According to our estimates it is 33% less than the average Assistant Manager Salary in India. Salary estimates are based on 54 latest salaries received from various employees of UTI Mutual Fund India.

How does the salary of a Assistant Manager at UTI Mutual Fund India compare with the average salary range for this job?

The average salary of a Assistant Manager at UTI Mutual Fund is 33% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than UTI Mutual Fund to a Assistant Manager in India?

Macquarie Group Assistant Manager Salary - ₹10.3 Lakhs to ₹30.0 Lakhs per year
Mashreq Global Services Assistant Manager Salary - ₹9.9 Lakhs to ₹33.5 Lakhs per year
Invesco Assistant Manager Salary - ₹11.5 Lakhs to ₹27.0 Lakhs per year
Morningstar Assistant Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year
TIAA Global Business Services Assistant Manager Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to UTI Mutual Fund in India?

FactSet Assistant Manager Salary - ₹11.0 Lakhs to ₹22.0 Lakhs per year
Ameriprise Financial Assistant Manager Salary - ₹14.0 Lakhs to ₹19.8 Lakhs per year
Sun Life Financial Assistant Manager Salary - ₹8.6 Lakhs to ₹22.2 Lakhs per year
Ocwen Financial Solutions Assistant Manager Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
CSC Global Assistant Manager Salary - ₹6.0 Lakhs to ₹19.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at UTI Mutual Fund ranges between ₹42,472 per month to ₹43,601 per month in India. The take-home salary calculation is based on the average UTI Mutual Fund Assistant Manager salary in India which ranges between ₹3.2 Lakhs to ₹10.0 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at UTI Mutual Fund?

According to AmbitionBox, 46% of the UTI Mutual Fund Assistant Managers reported a notice period of 2 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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UTI Mutual Fund Assistant Manager Salaries

UTI Mutual Fund Assistant Manager salary in India ranges between ₹3.2 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 54 UTI Mutual Fund latest salaries received from various employees of UTI Mutual Fund.