UTI Mutual Fund Branch Manager Salaries by 4 Employees (Updated 2024)

15 - 18 years exp.

₹8.4 Lakhs - ₹17.5 Lakhs

Low Confidence

Salary of majority employees

40% more than the average Branch Manager Salary in Financial Services Companies for 15 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹15.3 L/yr
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Sales & Business Development Branch Manager Salary 18 years exp. (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.2 L/yr

Last Updated: 7 Nov 2024

Companies similar to UTI Mutual Fund for Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Branch Manager Salary 3 - 13 years exp. (144 salaries)	₹3 L/yr - ₹11.5 L/yr 46% less
SBI Mutual Fund Branch Manager Salary 4 - 12 years exp. (27 salaries)	₹4.5 L/yr - ₹10.7 L/yr 53% less
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Nippon Life India Asset Management Branch Manager Salary 4 - 15 years exp. (35 salaries)	₹5.9 L/yr - ₹12 L/yr 33% less
Birla Sun Life Mutual Fund Branch Manager Salary 10 - 14 years exp. (4 salaries)	₹6.2 L/yr - ₹6.4 L/yr 50% less
Kotak Mahindra Bank Branch Manager Salary 7 - 21 years exp. (1k salaries)	₹6.6 L/yr - ₹25.6 L/yr 28% more	2 job openings
Axis Mutual Fund Branch Manager Salary 5 - 12 years exp. (11 salaries)	₹6.3 L/yr - ₹12 L/yr 24% less
Franklin Templeton Investments Branch Manager Salary 6 - 8 years exp. (6 salaries)	₹8 L/yr - ₹18 L/yr 14% less
ESAF Small Finance Bank Branch Manager Salary 5 - 15 years exp. (338 salaries)	₹3.2 L/yr - ₹13 L/yr 36% less
Aadhar Housing Finance Branch Manager Salary 4 - 15 years exp. (159 salaries)	₹3.5 L/yr - ₹13.3 L/yr 36% less
Axis Direct Branch Manager Salary 9 - 19 years exp. (25 salaries)	₹5.8 L/yr - ₹15 L/yr 24% less
ICICI Home Finance Branch Manager Salary 7 - 13 years exp. (10 salaries)	₹6 L/yr - ₹14 L/yr 30% less
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SBI Cards & Payment Services Branch Manager Salary 1 - 31 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 73% less

Branch Manager salary at UTI Mutual Fund ranges between ₹8.4 Lakhs to ₹17.5 Lakhs per year for employees with experience between 15 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of UTI Mutual Fund.

Experience wise UTI Mutual Fund Branch Manager salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹8.4 L/yr - ₹17.5 L/yr
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Similar Designation salaries in UTI Mutual Fund

Area Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Sales Manager Salary

(4 salaries)

₹8 L/yr - ₹11 L/yr

Branch Head Salary

(3 salaries)

₹10 L/yr - ₹15.1 L/yr

Deputy Manager Salary

(3 salaries)

₹10 L/yr - ₹18 L/yr

Chief Manager Salary

(10 salaries)

₹13.4 L/yr - ₹19.5 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹15.4 L/yr - ₹19.7 L/yr

Relationship Manager Salary

(95 salaries)

₹2.45 L/yr - ₹10 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Accountant Salary

(3 salaries)

₹1 L/yr - ₹5.3 L/yr

Sales Executive Salary

(4 salaries)

₹1.6 L/yr - ₹4 L/yr

Salary related reviews for UTI Mutual Fund

2.7

Rated by 3 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.

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

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.

Dislikes

Nothing as such.

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 .

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.

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

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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UTI Mutual Fund Branch Manager Salary FAQs

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

Branch Manager salary at UTI Mutual Fund in India ranges between ₹8.4 Lakhs to ₹17.5 Lakhs for experience between 15 years to 18 years. According to our estimates it is 40% more than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of UTI Mutual Fund India.

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

The average salary of a Branch Manager at UTI Mutual Fund is 40% more than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

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

Kotak Mahindra Bank Branch Manager Salary - ₹6.6 Lakhs to ₹25.6 Lakhs per year

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

Franklin Templeton Investments Branch Manager Salary - ₹8.0 Lakhs to ₹18.0 Lakhs per year
Axis Direct Branch Manager Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year
Axis Mutual Fund Branch Manager Salary - ₹6.3 Lakhs to ₹12.0 Lakhs per year
ICICI Home Finance Branch Manager Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
Nippon Life India Asset Management Branch Manager Salary - ₹5.9 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Branch Manager at UTI Mutual Fund ranges between ₹89,994 per month to ₹92,360 per month in India. The take-home salary calculation is based on the average UTI Mutual Fund Branch Manager salary in India which ranges between ₹8.4 Lakhs to ₹17.5 Lakhs per year for employees with experience between 15 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the UTI Mutual Fund Branch Managers reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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UTI Mutual Fund Branch Manager Salaries by Location

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UTI Mutual Fund Branch Manager Salaries

UTI Mutual Fund Branch Manager salary in India ranges between ₹8.4 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 UTI Mutual Fund latest salaries received from various employees of UTI Mutual Fund.