UTI Mutual Fund Business Development Salaries by Employees

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₹5.4 Lakhs - ₹6.9 Lakhs

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Last Updated: 18 Dec 2022

Companies similar to UTI Mutual Fund for Business Development

Company name	Avg Annual Salary	Open Jobs
Ameriprise Financial Business Development Salary null years exp. (3 salaries)	₹6.5 L/yr - ₹6.6 L/yr 5% more
National Stock Exchange of India Business Development Salary 8 - 13 years exp. (3 salaries)	₹12.5 L/yr - ₹14.7 L/yr 126% more
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BYJU'S Business Development Salary 0 - 6 years exp. (210 salaries)	₹2.7 L/yr - ₹10.3 L/yr 1% more
Udaan Business Development Salary 1 - 9 years exp. (49 salaries)	₹2.1 L/yr - ₹5.5 L/yr 44% less
Flipkart Business Development Salary 0 - 8 years exp. (23 salaries)	₹3.2 L/yr - ₹6.2 L/yr 23% less

Business Development salary at UTI Mutual Fund ranges between ₹5.4 Lakhs to ₹6.9 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 1 latest salaries received from various employees of UTI Mutual Fund.

Similar Designation salaries in UTI Mutual Fund

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Senior Relationship Manager Salary

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₹8.79 L/yr - ₹18 L/yr

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₹5.3 L/yr - ₹9 L/yr

Branch Manager Salary

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Institutional Sales Manager Salary

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Channel Sales Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Business Development Manager Salary

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₹0.4 L/yr - ₹0.5 L/yr

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₹16.2 L/yr - ₹20.7 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

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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 Business Development Salary FAQs

How the salary growth look like for a Business Development at UTI Mutual Fund in India?

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

Experience	Average Salary Range
3 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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UTI Mutual Fund Business Development Salaries

UTI Mutual Fund Business Development salary in India ranges between ₹5.4 Lakhs to ₹6.9 Lakhs. This is an estimate based on latest salaries received from employees of UTI Mutual Fund.

UTI Mutual Fund Business Development salaries in India

Companies similar to UTI Mutual Fund for Business Development

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 Business Development Salary FAQs

Tell us how to improve this page.