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UTI Mutual Fund

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4.0

based on 113 Reviews

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Sales & Business Development

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UTI Mutual Fund Sales & Business Development Department Salaries in India

based on 117 latest salaries
Designation Avg Annual Salary Open Jobs

Relationship Manager

1 - 6 years exp. (29 salaries)
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₹4.2 L/yr - ₹10 L/yr

1 job opening

Associate Vice President

8 - 19 years exp. (9 salaries)
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₹9.3 L/yr - ₹13.9 L/yr

Senior Associate Vice President

14 - 21 years exp. (8 salaries)
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₹8.8 L/yr - ₹24 L/yr

Senior Relationship Manager

15 - 19 years exp. (5 salaries)
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₹11 L/yr - ₹15 L/yr

Starting your career? Discover UTI Mutual Fund fresher salaries in India

Regional Head Sales

15 - 17 years exp. (3 salaries)
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₹22 L/yr - ₹23 L/yr

Assistant Relationship Manager

1 - 2 years exp. (3 salaries)
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₹4.5 L/yr - ₹5.8 L/yr

Relationship Manager Sales

1 - 6 years exp. (AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr

Branch Head

7 - 9 years exp. (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

Channel Sales Manager

1 - 2 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

Key Account Manager

20 - 21 years exp. (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

Back Office Executive

4 - 8 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.2 L/yr

Branch Manager and Assistant Vice President

11 years exp. (AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.5 L/yr

Business Development Executive

6 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.9 L/yr

Sales Manager

3 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

6 job openings

Manager - Sales & Distribution

3 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

Finance Intern

1 year exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

Chief Manager

16 years exp. (AmbitionBox Estimate)
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₹16.2 L/yr - ₹19.5 L/yr

Deputy Manager

14 years exp. (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

Senior Vice President

18 years exp. (AmbitionBox Estimate)
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₹15.4 L/yr - ₹19.7 L/yr

Last Updated: 5 Feb, 2025

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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

3.2

Rated by 26 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.

read more
  • 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.

read more

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.

read more
  • 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

read more

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

read more
  • Skill development - Bad
    • +1 more
see more salary related reviews

UTI Mutual Fund interview questions by designations

Relationship Manager (5)Assistant Manager (2)Operations Executive (1)Relationship Officer (1)
View all 10 interview experiences
More about working at UTI Mutual Fund

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 117 UTI Mutual Fund salaries received from various employees of UTI Mutual Fund. UTI Mutual Fund employees rate the overall salary and benefits package 3.2/5 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 Sales & Business Development Department?
According to AmbitionBox, 50% of the UTI Mutual Fund employees in Sales & Business Development Department 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 80 responses on AmbitionBox in last 2 years.

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UTI Mutual Fund Sales & Business Development Salaries by Location

Average annual salary in Sales & Business Development department at UTI Mutual Fund is INRunlock blur . Salary estimates are based on 117 UTI Mutual Fund latest salaries received from various employees of UTI Mutual Fund.

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