UTI Mutual Fund Chief Manager Salaries by 10 Employees (Updated 2025)

12 - 16 years exp.

₹13.4 Lakhs - ₹19.5 Lakhs

Low Confidence

Salary of majority employees

30% less than the average Chief Manager Salary in Financial Services Companies for 12 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Salary 12 - 16 years exp. (4 salaries)	₹13.4 L/yr - ₹15.5 L/yr
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Sales & Business Development Chief Manager Salary 16 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.5 L/yr

Last Updated: 27 Aug 2024

Companies similar to UTI Mutual Fund for Chief Manager

Company name	Avg Annual Salary	Open Jobs
SBI Mutual Fund Chief Manager Salary 9 - 19 years exp. (28 salaries)	₹11 L/yr - ₹32.3 L/yr 43% more
Nippon Life India Asset Management Chief Manager Salary 6 - 20 years exp. (26 salaries)	₹20 L/yr - ₹34 L/yr 72% more
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Kotak Mahindra Bank Chief Manager Salary 7 - 19 years exp. (1k salaries)	₹8.8 L/yr - ₹31.5 L/yr 15% more
National Stock Exchange of India Chief Manager Salary 13 - 19 years exp. (69 salaries)	₹20 L/yr - ₹50 L/yr 147% more
Axis Direct Chief Manager Salary 10 - 20 years exp. (21 salaries)	₹9.4 L/yr - ₹33.2 L/yr 46% more
ICICI Home Finance Chief Manager Salary 6 - 21 years exp. (24 salaries)	₹16 L/yr - ₹32 L/yr 41% more
Aadhar Housing Finance Chief Manager Salary 5 - 10 years exp. (6 salaries)	₹13 L/yr - ₹29 L/yr 46% more
Kotak Securities Chief Manager Salary 8 - 13 years exp. (4 salaries)	₹6.5 L/yr - ₹15 L/yr 3% less

Chief Manager salary at UTI Mutual Fund ranges between ₹13.4 Lakhs to ₹19.5 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 10 latest salaries received from various employees of UTI Mutual Fund.

Experience wise UTI Mutual Fund Chief Manager salaries

Last Updated: 27 Aug 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹26.1 L/yr
13 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹15 L/yr
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14 years (AmbitionBox Estimate)	₹15 L/yr - ₹18 L/yr
15+ years (5 salaries)	₹13.4 L/yr - ₹19.5 L/yr

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 Manager Salary

(4 salaries)

₹8.4 L/yr - ₹17.5 L/yr

Deputy Manager Salary

(3 salaries)

₹10 L/yr - ₹18 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹15.4 L/yr - ₹19.7 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

Relationship Manager Salary

(82 salaries)

₹3 L/yr - ₹10 L/yr

Branch Head Salary

(3 salaries)

₹10 L/yr - ₹15.1 L/yr

Sales Executive Salary

(4 salaries)

₹1.6 L/yr - ₹4 L/yr

Salary related reviews for UTI Mutual Fund

3.0

Rated by 2 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

see more salary related reviews

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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UTI Mutual Fund Chief Manager Salary FAQs

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

Chief Manager salary at UTI Mutual Fund in India ranges between ₹13.4 Lakhs to ₹19.5 Lakhs for experience between 12 years to 16 years. According to our estimates it is 30% less than the average Chief Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of UTI Mutual Fund India.

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

The average salary of a Chief Manager at UTI Mutual Fund is 30% less than the average salary of a Chief Manager in India. To know exact salary insights, login to view.

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

National Stock Exchange of India Chief Manager Salary - ₹20.0 Lakhs to ₹50.0 Lakhs per year
Nippon Life India Asset Management Chief Manager Salary - ₹20.0 Lakhs to ₹34.0 Lakhs per year
Axis Direct Chief Manager Salary - ₹9.4 Lakhs to ₹33.2 Lakhs per year
Aadhar Housing Finance Chief Manager Salary - ₹13.0 Lakhs to ₹29.0 Lakhs per year
SBI Mutual Fund Chief Manager Salary - ₹11.0 Lakhs to ₹32.3 Lakhs per year

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

ICICI Home Finance Chief Manager Salary - ₹16.0 Lakhs to ₹32.0 Lakhs per year
Kotak Mahindra Bank Chief Manager Salary - ₹8.8 Lakhs to ₹31.5 Lakhs per year
Kotak Securities Chief Manager Salary - ₹6.5 Lakhs to ₹15.0 Lakhs per year

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

The estimated take-home salary of a Chief Manager at UTI Mutual Fund ranges between ₹1,06,242 per month to ₹1,09,165 per month in India. The take-home salary calculation is based on the average UTI Mutual Fund Chief Manager salary in India which ranges between ₹13.4 Lakhs to ₹19.5 Lakhs per year for employees with experience between 12 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 56% of the UTI Mutual Fund Chief Managers reported a notice period of 3 Months, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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UTI Mutual Fund Chief Manager Salaries

UTI Mutual Fund Chief Manager salary in India ranges between ₹13.4 Lakhs to ₹19.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 UTI Mutual Fund latest salaries received from various employees of UTI Mutual Fund.