UTI Mutual Fund Branch Manager Salaries by 4 Employees

15 - 18 years exp.

₹8.4 Lakhs - ₹17.5 Lakhs

Low Confidence

Salary of majority employees

39% 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 - 14 years exp. (153 salaries)	₹3 L/yr - ₹11.5 L/yr 47% less
SBI Mutual Fund Branch Manager Salary 4 - 12 years exp. (27 salaries)	₹4.5 L/yr - ₹11.3 L/yr 50% less
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Nippon Life India Asset Management Branch Manager Salary 4 - 15 years exp. (31 salaries)	₹5.1 L/yr - ₹11.5 L/yr 33% less	6 job openings
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 - 20 years exp. (1k salaries)	₹7 L/yr - ₹26 L/yr 27% more	1 job opening
Axis Mutual Fund Branch Manager Salary 7 - 12 years exp. (7 salaries)	₹9 L/yr - ₹11.1 L/yr 22% less
Franklin Templeton Investments Branch Manager Salary 6 - 8 years exp. (6 salaries)	₹8 L/yr - ₹18 L/yr 14% less
Kotak Securities Branch Manager Salary 8 - 19 years exp. (139 salaries)	₹4.1 L/yr - ₹11.5 L/yr 43% less
Aadhar Housing Finance Branch Manager Salary 5 - 15 years exp. (147 salaries)	₹4 L/yr - ₹11.2 L/yr 34% less	1 job opening
Axis Direct Branch Manager Salary 9 - 19 years exp. (22 salaries)	₹5.8 L/yr - ₹15 L/yr 24% less
ICICI Home Finance Branch Manager Salary 7 - 13 years exp. (11 salaries)	₹6 L/yr - ₹17.3 L/yr 23% 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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From

Branch Manager

15 - 18 years exp.

General Manager

20 - 20 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

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

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 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

(83 salaries)

₹2.16 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.

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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UTI Mutual Fund Branch Manager Salary FAQs

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

The average salary of a Branch Manager at UTI Mutual Fund in India typically ranges from ₹8.4 Lakhs to ₹17.5 Lakhs per year, depending on experience (from 15 years to 18 years).

The top 10% of Branch Manager at UTI Mutual Fund earn more than ₹17.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Branch 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 4 UTI Mutual Fund employees in India.

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 in India typically ranges from ₹89,994 to ₹92,360 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹17.5 Lakhs per year for employees with experience ranging from 15 years to 18 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 4 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 Branch Manager in India?

Kotak Mahindra Bank

₹7.0 Lakhs to ₹26.0 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 Branch Manager in companies similar to UTI Mutual Fund in India?

The salary of a Branch 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:

Franklin Templeton Investments	₹8.0 Lakhs to ₹18.0 Lakhs per year
Axis Mutual Fund	₹9.0 Lakhs to ₹11.1 Lakhs per year
ICICI Home Finance	₹6.0 Lakhs to ₹17.3 Lakhs per year
Axis Direct	₹5.8 Lakhs to ₹15.0 Lakhs per year
Nippon Life India Asset Management	₹5.1 Lakhs to ₹11.5 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 Branch Manager at UTI Mutual Fund in India?

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

Experience	Average Salary Range
15 years	₹8.4 Lakhs to ₹17.5 Lakhs per year

and so on.

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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.