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
Assistant Manager- HR 3 years exp. · Mumbai (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Assistant Brand Manager 2 years exp. · Mumbai (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Associate Vice President Operations 9 years exp. · Mumbai (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
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HR Manager 2 years exp. · Mumbai (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Finance & Accounts Officer 13 years exp. · Mumbai (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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Assistant Relationship Manager 1 year exp. · Mumbai (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Equity Research Associate 2 years exp. · Mumbai (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Chief Information Security Officer 31 years exp. · Mumbai (AmbitionBox Estimate)	₹44.1 L/yr - ₹56.4 L/yr
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Software Developer 4 years exp. · Mumbai (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Customer Service Executive 1 year exp. · Mumbai (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Back end Executive 5 years exp. · Mumbai (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
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Fund Manager 19 years exp. · Mumbai (AmbitionBox Estimate)	₹96 L/yr - ₹1.1 Cr/yr
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Relationship Executive 2 years exp. · Mumbai (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Client Relationship Manager 1 year exp. · Mumbai (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Housekeeping Executive 18 years exp. · Mumbai (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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Junior Processing Officer 5 years exp. · Mumbai (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Plsql Developer 2 years exp. · Mumbai (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Summer Trainee 1 year exp. · Mumbai (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Chief Executive Officer 21 years exp. · Mumbai (AmbitionBox Estimate)	₹92.2 L/yr - ₹1 Cr/yr
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Assistant HR and Talent Acquisition Manager 4 years exp. · Mumbai (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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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 (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:

Assistant Manager- HR	₹3.6 Lakhs to ₹4.6 Lakhs per year
Assistant Brand Manager	₹4.5 Lakhs to ₹5.8 Lakhs per year
Associate Vice President Operations	₹9.5 Lakhs to ₹12.1 Lakhs per year
HR Manager	₹5.4 Lakhs to ₹6.9 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 ₹62 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 178 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 178 UTI Mutual Fund latest salaries received from various employees of UTI Mutual Fund.