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

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Designation	Avg Annual Salary	Open Jobs
Relationship Manager 1 - 5 years exp. · Mumbai (13 salaries)	₹4.3 L/yr - ₹9 L/yr	8 job openings
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Senior Associate Vice President 9 - 20 years exp. · Mumbai (11 salaries)	₹15 L/yr - ₹39.5 L/yr
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Associate Vice President 8 - 15 years exp. · Mumbai (7 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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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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Relationship Officer 0 - 3 years exp. · Mumbai (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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Operations Executive 2 - 3 years exp. · Mumbai (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.3 L/yr
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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

86 participants . expiring in 2d

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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 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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UTI Mutual Fund interview questions by designations

Relationship Manager (4)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 to its employees?

The average annual salary at UTI Mutual Fund varies depending on the role, experience, and location. The salary ranges for some popular designations at UTI Mutual Fund, are as follows:

Relationship Manager	₹4.3 Lakhs to ₹9 Lakhs per year
Senior Associate Vice President	₹15 Lakhs to ₹39.5 Lakhs per year
Associate Vice President	₹11.7 Lakhs to ₹15.5 Lakhs per year
Assistant Product Manager	₹4.8 Lakhs to ₹5.3 Lakhs per year

The highest-paying role, Investment Associate, earns between ₹20 Lakhs to ₹27 Lakhs per year. The top 10% of employees earn more than ₹20 Lakhs per year, and the top 1% earn over ₹60.4 Lakhs per year. 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 salary estimates are based on data from 177 salaries submitted by UTI Mutual Fund employees. UTI Mutual Fund is rated 3.1 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at UTI Mutual Fund in Mumbai?

The salary of a fresher at UTI Mutual Fund in Mumbai typically ranges from ₹3.2 Lakhs to ₹7.4 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Management Trainee Salary	₹4.5 Lakhs to ₹7.4 Lakhs per year
Fresher as a Graduate Trainee Salary	₹3.5 Lakhs to ₹3.5 Lakhs per year
Fresher as a Assistant Product Manager Salary	₹4.8 Lakhs to ₹5.3 Lakhs per year
Fresher as a Relationship Officer Salary	₹0.7 Lakhs to ₹4.3 Lakhs per year

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Average annual salary in UTI Mutual Fund , Mumbai is INR . Salary estimates are based on 100+ UTI Mutual Fund latest salaries received from various employees of UTI Mutual Fund.