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

1 - 3 years exp.

₹3.2 Lakhs - ₹10 Lakhs

Avg. annual salary

Monthly In-hand Salary

34% less than the average Assistant Manager Salary in Financial Services Companies for 1 - 3 years of experience

Interested in this particular role?

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. (11 salaries)	₹3.4 L/yr - ₹7.8 L/yr
Data Science & Analytics Assistant Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.4 L/yr
Marketing & Communication Assistant Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.3 L/yr

Last Updated: 22 Feb 2025

Companies similar to UTI Mutual Fund for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Assistant Manager Salary 0 - 7 years exp. (2.2k salaries)	₹1.5 L/yr - ₹5 L/yr 39% less	2 job openings
Macquarie Group Assistant Manager Salary 4 - 12 years exp. (682 salaries)	₹11.4 L/yr - ₹31 L/yr 312% more
Login to view exact salary
SBI Cards & Payment Services Assistant Manager Salary 0 - 16 years exp. (622 salaries)	₹3.5 L/yr - ₹11.6 L/yr 37% more	16 job openings
Pine Labs Assistant Manager Salary 4 - 12 years exp. (392 salaries)	₹2.8 L/yr - ₹12.5 L/yr 30% more
CSC Assistant Manager Salary 6 - 14 years exp. (316 salaries)	₹7.8 L/yr - ₹19 L/yr 150% more	5 job openings
Axis Direct Assistant Manager Salary 0 - 16 years exp. (268 salaries)	₹2.3 L/yr - ₹8 L/yr 4% more
SBI Mutual Fund Assistant Manager Salary 0 - 8 years exp. (238 salaries)	₹3.5 L/yr - ₹8.3 L/yr At par	3 job openings
Ocwen Financial Solutions Assistant Manager Salary 6 - 17 years exp. (173 salaries)	₹8.5 L/yr - ₹25 L/yr 166% more
Mashreq Global Services Assistant Manager Salary 6 - 15 years exp. (162 salaries)	₹9 L/yr - ₹35 L/yr 282% more
Franklin Templeton Investments Assistant Manager Salary 6 - 15 years exp. (134 salaries)	₹5.7 L/yr - ₹24 L/yr 144% more

View all

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 57 latest salaries received from various employees of UTI Mutual Fund.

Latest annual salaries shared by UTI Mutual Fund Assistant Manager

5d ago

₹5.5 Lakhs

2 years exp.

1w ago

₹4.8 Lakhs

1 year exp.

3mo ago

₹9 Lakhs

1 year exp.

5mo ago

₹5.6 Lakhs

3 years exp.

8mo ago

₹6.8 Lakhs

1 year exp.

10mo ago

1 year exp.

1y ago

2 years exp.

1y ago

3 years exp.

1y ago

1 year exp.

1y ago

1 year exp.

Experience wise UTI Mutual Fund Assistant Manager salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
1 year (24 salaries)	₹3.4 L/yr - ₹9.1 L/yr
2 years (24 salaries)	₹3.2 L/yr - ₹10 L/yr
Login to view exact salary
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.

145% hike

From

View 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

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Sales Manager Salary

(4 salaries)

₹8 L/yr - ₹11 L/yr

Relationship Manager Salary

(90 salaries)

₹2.16 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

(5 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 Jaipur

Full Time

Sales & Business Development Department

4.0

• posted on 07 Feb 2025

3.0

for Salary and Benefits

Likes

Job Security is there

Job security - Good

+2 more

Dislikes

Your growth and sales pressure depends upon your reporting manager...if they don't like you....then you are****** Bhayankar politics in the office Funds ke return hi nahi hai No growth

Skill development - Bad

+1 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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UTI Mutual Fund Assistant Manager Salary FAQs

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

The average salary of a Assistant Manager at UTI Mutual Fund in India typically ranges from ₹3.2 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Assistant Manager at UTI Mutual Fund earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹9.9 Lakhs per year. Assistant Manager Salaries at UTI 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 50+ UTI Mutual Fund employees in India.

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 in India typically ranges from ₹42,061 to ₹43,195 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 50+ salaries received from various employees of UTI Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than UTI Mutual Fund for Assistant Manager in India?

Macquarie Group	₹11.4 Lakhs to ₹31.0 Lakhs per year
Mashreq Global Services	₹9.0 Lakhs to ₹35.0 Lakhs per year
Kroll	₹14.5 Lakhs to ₹24.0 Lakhs per year
Fidelity International	₹10.1 Lakhs to ₹26.6 Lakhs per year
Invesco	₹8.0 Lakhs to ₹27.0 Lakhs per year

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

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

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

Morningstar	₹8.0 Lakhs to ₹27.0 Lakhs per year
TIAA Global Business Services	₹12.0 Lakhs to ₹25.0 Lakhs per year
Sun Life Financial	₹8.6 Lakhs to ₹22.2 Lakhs per year
Ameriprise Financial	₹14.7 Lakhs to ₹19.8 Lakhs per year
Ocwen Financial Solutions	₹8.5 Lakhs to ₹25.0 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 Assistant Manager at UTI Mutual Fund in India?

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

Experience	Average Salary Range
1 year	₹3.4 Lakhs to ₹9.1 Lakhs per year
2 years	₹3.2 Lakhs to ₹10.0 Lakhs per year
3 years	₹3.2 Lakhs to ₹7.8 Lakhs per year

and so on.

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UTI Mutual Fund Assistant Manager Salaries by Location

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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 57 UTI Mutual Fund latest salaries received from various employees of UTI Mutual Fund.

UTI Mutual Fund Assistant Manager salaries in India (Updated 2025)

Companies similar to UTI Mutual Fund for Assistant Manager

Latest annual salaries shared by UTI Mutual Fund Assistant Manager

Experience wise UTI Mutual Fund Assistant Manager salaries

Similar Designation salaries in UTI Mutual Fund

Salary related reviews for UTI Mutual Fund

Senior Associate Vice President in Mumbai

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

Management Trainee in Ahmedabad

Assistant Relationship Manager in Mumbai

Manager in Jaipur

UTI Mutual Fund Assistant Manager Salary FAQs

Tell us how to improve this page.

UTI Mutual Fund Assistant Manager Salaries by Location