UTI Mutual Fund Mumbai Manager Salaries by 8 Employees (Updated 2025)

4 - 7 years exp.

₹4.8 Lakhs - ₹9.4 Lakhs

Salary of majority employees

58% less than the average Manager Salary in Financial Services Companies for 4 - 7 years of experience

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Salaries in different departments

Finance & Accounting Manager Salary 4 - 7 years exp. (4 salaries)	₹5.5 L/yr - ₹9.4 L/yr
Sales & Business Development Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.7 L/yr
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Legal & Regulatory Manager Salary 7 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹7.9 L/yr

Last Updated: 11 Sep 2024

Companies similar to UTI Mutual Fund for Manager in Mumbai

UTI Mutual Fund Manager Salary

4 - 7 years exp. (8 salaries)

₹4.8 L/yr - ₹9.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Manager Salary 2 - 14 years exp. (62 salaries)	₹6.5 L/yr - ₹26 L/yr 120% more
SBI Mutual Fund Manager Salary 4 - 14 years exp. (22 salaries)	₹6.3 L/yr - ₹18 L/yr 85% more
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Axis Mutual Fund Manager Salary 1 - 14 years exp. (23 salaries)	₹6 L/yr - ₹21.5 L/yr 110% more
Birla Sun Life Mutual Fund Manager Salary 5 - 16 years exp. (7 salaries)	₹7 L/yr - ₹12 L/yr 49% more
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹13 L/yr 20% more
National Stock Exchange of India Manager Salary 2 - 14 years exp. (272 salaries)	₹9 L/yr - ₹27.5 L/yr 127% more
Kotak Securities Manager Salary 0 - 16 years exp. (202 salaries)	₹3.3 L/yr - ₹13.7 L/yr 15% more
ICICI Home Finance Manager Salary 1 - 12 years exp. (91 salaries)	₹4.8 L/yr - ₹18 L/yr 51% more
CSC Global Manager Salary 6 - 16 years exp. (58 salaries)	₹9.8 L/yr - ₹25 L/yr 178% more
Axis Direct Manager Salary 4 - 16 years exp. (44 salaries)	₹5 L/yr - ₹15.6 L/yr 72% more
SBI Cards & Payment Services Manager Salary 5 - 17 years exp. (24 salaries)	₹7.5 L/yr - ₹16 L/yr 94% more	1 job opening
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Pine Labs Manager Salary 5 - 13 years exp. (21 salaries)	₹8.3 L/yr - ₹21 L/yr 125% more
Morningstar Manager Salary 9 - 19 years exp. (20 salaries)	₹15.4 L/yr - ₹30 L/yr 261% more	2 job openings
Nippon Life India Asset Management Manager Salary 6 - 13 years exp. (18 salaries)	₹6.8 L/yr - ₹17 L/yr 78% more	1 job opening
Ocwen Financial Solutions Manager Salary 11 - 18 years exp. (14 salaries)	₹15.4 L/yr - ₹33 L/yr 226% more
Macquarie Group Manager Salary 8 - 14 years exp. (12 salaries)	₹25 L/yr - ₹33.5 L/yr 330% more
DSP Mutual Fund Manager Salary 4 - 14 years exp. (10 salaries)	₹12 L/yr - ₹18 L/yr 149% more
Synchrony Manager Salary 2 - 6 years exp. (8 salaries)	₹9.3 L/yr - ₹24 L/yr 134% more	1 job opening
Aadhar Housing Finance Manager Salary 4 - 16 years exp. (7 salaries)	₹5.8 L/yr - ₹12.8 L/yr 38% more
Franklin Templeton Investments Manager Salary 8 - 12 years exp. (6 salaries)	₹11.8 L/yr - ₹24 L/yr 230% more

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Manager salary at UTI Mutual Fund ranges between ₹4.8 Lakhs to ₹9.4 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 8 latest salaries received from various employees of UTI Mutual Fund.

Experience wise UTI Mutual Fund Manager salaries in Mumbai

Last Updated: 11 Sep 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹5.5 L/yr - ₹6.9 L/yr
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.2 L/yr
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6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.9 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹9.4 L/yr

Similar Designation salaries in UTI Mutual Fund

Associate Vice President Salary

(8 salaries)

₹11.7 L/yr - ₹15.5 L/yr

Senior Associate Vice President Salary

(8 salaries)

₹16.5 L/yr - ₹30 L/yr

Salary related reviews for UTI Mutual Fund

2.0

Rated by 1 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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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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UTI Mutual Fund Manager Salary FAQs

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

Manager salary at UTI Mutual Fund in Mumbai ranges between ₹4.8 Lakhs to ₹9.4 Lakhs for experience between 4 years to 7 years. According to our estimates it is 58% less than the average Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of UTI Mutual Fund Mumbai.

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

The average salary of a Manager at UTI Mutual Fund is 58% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

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

Macquarie Group Manager Salary - ₹25.0 Lakhs to ₹33.5 Lakhs per year
Mashreq Global Services Manager Salary - ₹25.0 Lakhs to ₹30.0 Lakhs per year
Morningstar Manager Salary - ₹15.4 Lakhs to ₹30.0 Lakhs per year
TIAA Global Business Services Manager Salary - ₹14.0 Lakhs to ₹26.5 Lakhs per year
Franklin Templeton Investments Manager Salary - ₹11.8 Lakhs to ₹24.0 Lakhs per year

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

Ocwen Financial Solutions Manager Salary - ₹15.4 Lakhs to ₹33.0 Lakhs per year
CSC Global Manager Salary - ₹9.8 Lakhs to ₹25.0 Lakhs per year
DSP Mutual Fund Manager Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
Synchrony Manager Salary - ₹9.3 Lakhs to ₹24.0 Lakhs per year
National Stock Exchange of India Manager Salary - ₹9.0 Lakhs to ₹27.5 Lakhs per year

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

The estimated take-home salary of a Manager at UTI Mutual Fund ranges between ₹52,006 per month to ₹53,231 per month in Mumbai. The take-home salary calculation is based on the average UTI Mutual Fund Manager salary in India which ranges between ₹4.8 Lakhs to ₹9.4 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the UTI Mutual Fund Managers in Mumbai reported a notice period of 2 Months.This is based on 12 responses on AmbitionBox in last 2 years.

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UTI Mutual Fund Manager Salaries in Mumbai

UTI Mutual Fund Manager salary in Mumbai ranges between ₹4.8 Lakhs to ₹9.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 UTI Mutual Fund latest salaries received from various employees of UTI Mutual Fund.