UTI Mutual Fund Mumbai Salaries by 100+ Employees (Updated 2025)

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Finance & Accounting Sales & Business Development Marketing & Communication BFSI, Investments & Trading + 4 more

Designation	Avg Annual Salary	Open Jobs
Relationship Manager 1 - 5 years exp. · Mumbai (12 salaries)	₹4.5 L/yr - ₹9 L/yr	1 job opening
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Senior Associate Vice President 9 - 20 years exp. · Mumbai (9 salaries)	₹16.5 L/yr - ₹30 L/yr
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Associate Vice President 7 - 15 years exp. · Mumbai (8 salaries)	₹11.7 L/yr - ₹15.5 L/yr
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Assistant Product Manager 0 - 3 years exp. · Mumbai (5 salaries)	₹4.8 L/yr - ₹5.3 L/yr
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Investment Associate 1 - 5 years exp. · Mumbai (4 salaries)	₹20 L/yr - ₹24 L/yr
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Senior Relationship Manager 15 - 20 years exp. · Mumbai (4 salaries)	₹11 L/yr - ₹18 L/yr
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Incharge Manager 6 - 9 years exp. · Mumbai (3 salaries)	₹10.2 L/yr - ₹10.5 L/yr
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Back Office Assistant 2 - 8 years exp. · Mumbai (3 salaries)	₹1.1 L/yr - ₹2.2 L/yr
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Product Manager 2 - 8 years exp. · Mumbai (3 salaries)	₹5.6 L/yr - ₹16.2 L/yr
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Marketing Manager 2 - 11 years exp. · Mumbai (3 salaries)	₹6.3 L/yr - ₹10 L/yr
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Head Contact Center 20 years exp. · Mumbai (3 salaries)	₹41.3 L/yr - ₹42 L/yr
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Senior Assistant Vice President 9 - 10 years exp. · Mumbai (3 salaries)	₹15.8 L/yr - ₹17 L/yr
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Senior Vice President Asset Management 17 - 19 years exp. · Mumbai (3 salaries)	₹44 L/yr - ₹46 L/yr
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Sales Executive 0 - 2 years exp. · Mumbai (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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Cctv Engineer 3 - 7 years exp. · Mumbai (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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Vice President Marketing 0 - 14 years exp. · Mumbai (AmbitionBox Estimate)	₹29.7 L/yr - ₹37.9 L/yr
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Data Entry Operator 1 - 2 years exp. · Mumbai (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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Computer Operator/Data Entry Operator 2 - 4 years exp. · Mumbai (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.5 L/yr
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Operations Executive 2 - 3 years exp. · Mumbai (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.3 L/yr
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fathersahaab

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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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Salary related reviews for UTI Mutual Fund

3.1

Rated by 12 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 interview questions by designations

Relationship Manager (5)Assistant Manager (2)Operations Executive (1)Relationship Officer (1)

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Know more about UTI Mutual Fund Mumbai

UTI Mutual Fund Salary FAQs

How much does UTI Mutual Fund pay per year?

The average UTI Mutual Fund salary ranges from approximately ₹1 Lakh to ₹2.4 Lakhs per year for a Office Assistant and ₹20 Lakhs to ₹27 Lakhs per year for a Investment Associate. Salary estimates are based on 175 UTI Mutual Fund salaries received from various employees of UTI Mutual Fund. UTI Mutual Fund employees rate the overall salary and benefits package 3.1/5 stars.

What is the highest salary in UTI Mutual Fund?

The highest-paying job at UTI Mutual Fund is a Investment Associate with a salary of ₹20 Lakhs to ₹27 Lakhs per year. The top 10% of employees earn more than ₹20 lakhs per year. The top 1% earn more than a whopping ₹63.48 lakhs per year.

What is the minimum salary in UTI Mutual Fund?

Minimum salary at UTI Mutual Fund depends on the role you are applying for. For Investor Relation Officer the minimum salary is ₹1.4 Lakh to ₹2.2 Lakhs per year, and for Back Office Executive the minimum salary is ₹1.8 Lakh to ₹2.4 Lakhs per year and so on.

What is the salary package for freshers in UTI Mutual Fund?

The average salary at UTI Mutual Fund for freshers varies from ₹3.2 Lakhs to ₹4 Lakhs per year for Graduate Trainee and ₹4.5 Lakhs to ₹7.4 Lakhs per year for Management Trainee.

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

According to AmbitionBox, 59% of the UTI Mutual Fund employees in Mumbai reported a notice period of 2 Months, 24% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 69 responses on AmbitionBox in last 2 years.

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UTI Mutual Fund Mumbai Salaries by Department

Average annual salary in UTI Mutual Fund , Mumbai is INR . Salary estimates are based on 175 UTI Mutual Fund latest salaries received from various employees of UTI Mutual Fund.