UTI Mutual Fund Mumbai Assistant Manager Salaries by 20+ Employees

1 - 3 years exp.

₹3.2 Lakhs - ₹10 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% 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. (6 salaries)	₹3.2 L/yr - ₹9.1 L/yr
BFSI, Investments & Trading Assistant Manager Salary 1 year exp. (4 salaries)	₹3.4 L/yr - ₹6.8 L/yr
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Sales & Business Development Assistant Manager Salary 1 - 2 years exp. (3 salaries)	₹4 L/yr - ₹5.8 L/yr
Data Science & Analytics Assistant Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.5 L/yr
Marketing & Communication Assistant Manager Salary 1 year exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.4 L/yr

Last Updated: 27 Jun 2024

Companies similar to UTI Mutual Fund for Assistant Manager in Mumbai

UTI Mutual Fund Assistant Manager Salary

1 - 3 years exp. (23 salaries)

₹3.2 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Assistant Manager Salary 0 - 7 years exp. (985 salaries)	₹1.8 L/yr - ₹5 L/yr 41% less	2 job openings
Axis Direct Assistant Manager Salary 0 - 15 years exp. (98 salaries)	₹2.3 L/yr - ₹8 L/yr 2% more
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National Stock Exchange of India Assistant Manager Salary 0 - 7 years exp. (74 salaries)	₹4 L/yr - ₹8.5 L/yr 10% more
CSC Assistant Manager Salary 6 - 13 years exp. (67 salaries)	₹8.8 L/yr - ₹18 L/yr 142% more	5 job openings
Anand Rathi: Online Stock Trading & Advisory Assistant Manager Salary 0 - 10 years exp. (49 salaries)	₹2.9 L/yr - ₹6 L/yr 23% less	2 job openings
Ocwen Financial Solutions Assistant Manager Salary 7 - 17 years exp. (41 salaries)	₹9 L/yr - ₹24 L/yr 162% more
Pine Labs Assistant Manager Salary 4 - 12 years exp. (33 salaries)	₹3.4 L/yr - ₹10 L/yr 27% more
SBI Mutual Fund Assistant Manager Salary 0 - 7 years exp. (26 salaries)	₹4.8 L/yr - ₹8 L/yr 15% more	3 job openings
Vastu Housing Finance Assistant Manager Salary 0 - 9 years exp. (21 salaries)	₹2.5 L/yr - ₹7 L/yr 23% less
SBI Cards & Payment Services Assistant Manager Salary 3 - 13 years exp. (19 salaries)	₹3.3 L/yr - ₹9.8 L/yr 29% more	10 job openings
Morningstar Assistant Manager Salary 4 - 16 years exp. (17 salaries)	₹8 L/yr - ₹27 L/yr 197% more
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Aadhar Housing Finance Assistant Manager Salary 3 - 11 years exp. (15 salaries)	₹4.3 L/yr - ₹7.5 L/yr 4% less
Nirmal Bang Assistant Manager Salary 7 - 19 years exp. (12 salaries)	₹3.4 L/yr - ₹7 L/yr 13% less
Bonanza Portfolio Assistant Manager Salary 3 - 12 years exp. (10 salaries)	₹3 L/yr - ₹5.6 L/yr 12% less
Franklin Templeton Investments Assistant Manager Salary 6 - 14 years exp. (9 salaries)	₹6.5 L/yr - ₹20.8 L/yr 141% more
Mashreq Global Services Assistant Manager Salary 9 - 14 years exp. (4 salaries)	₹14.7 L/yr - ₹30 L/yr 341% more

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

Experience wise UTI Mutual Fund Assistant Manager salaries in Mumbai

Last Updated: 27 Jun 2024

Experience	Avg Annual Salary
1 year (12 salaries)	₹3.4 L/yr - ₹9.1 L/yr
2 years (8 salaries)	₹3.2 L/yr - ₹10 L/yr
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3 years (3 salaries)	₹3.2 L/yr - ₹10.2 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

Relationship Manager Salary

(13 salaries)

₹4.25 L/yr - ₹9 L/yr

Salary related reviews for UTI Mutual Fund

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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UTI Mutual Fund Assistant Manager Salary FAQs

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

The average salary of a Assistant Manager at UTI Mutual Fund in Mumbai 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 in Mumbai at UTI Mutual Fund earn more than ₹9.1 Lakhs per year, and the top 1% earn over ₹10.0 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 20+ UTI Mutual Fund employees in India.

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

The estimated take-home salary of a Assistant Manager at UTI Mutual Fund in Mumbai typically ranges from ₹42,837 to ₹43,960 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 20+ 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?

Mashreq Global Services	₹14.7 Lakhs to ₹30.0 Lakhs per year
Morningstar	₹8.0 Lakhs to ₹27.0 Lakhs per year
Ocwen Financial Solutions	₹9.0 Lakhs to ₹24.0 Lakhs per year
CSC	₹8.8 Lakhs to ₹18.0 Lakhs per year
Franklin Templeton Investments	₹6.5 Lakhs to ₹20.8 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 Mumbai?

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

SBI Cards & Payment Services	₹3.3 Lakhs to ₹9.8 Lakhs per year
Pine Labs	₹3.4 Lakhs to ₹10.0 Lakhs per year
SBI Mutual Fund	₹4.8 Lakhs to ₹8.0 Lakhs per year
National Stock Exchange of India	₹4.0 Lakhs to ₹8.5 Lakhs per year
Axis Direct	₹2.3 Lakhs to ₹8.0 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 Mumbai?

The salary growth for a Assistant Manager at UTI Mutual Fund in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai 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 ₹10.2 Lakhs per year

and so on.

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UTI Mutual Fund Assistant Manager Salaries in Mumbai

UTI Mutual Fund Assistant Manager salary in Mumbai ranges between ₹3.2 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 UTI Mutual Fund latest salaries received from various employees of UTI Mutual Fund.