SBI Mutual Fund logo

Financial Services · Mumbai, Maharashtra

SBI Mutual Fund

A prominent asset management entity, leveraging decades of experience to enhance investments while adhering to global finance standards and practices.

  • 3.8from 10 employee reviews
  • 62 open roles
  • Avg. salary ₹7.1 L/yr
See 62 open jobs

Open roles

Open jobs at SBI Mutual Fund

62 open roles across 5 cities. Tap Apply and an agent fills in and submits the application for you.

Showing the 30 newest of 62 SBI Mutual Fund roles. See all on the job pages

Company overview

SBI Mutual Fund at a glance

Founded
198739 years running
Headquarters
MumbaiMaharashtra
Employees
1Kband 1K–5K
Company type
Indian corporate · Private
Industry
Financial Services
Business model
B2B · B2C
Monthly visits
2.2M+59%to their website
Ownership
Privately held

About

With 36 years of rich experience in fund management, we at SBI Funds Management Ltd. (SBIFML) bring forward our expertise by consistently delivering value to our investors. We have a strong and proud lineage that traces back to the State Bank of India (SBI) - India's largest bank. We are a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies. A shareholder agreement in this regard has been entered on April 13, 2011 between SBI & AMUNDI Asset Management. Accordingly, SBI currently holds 62.21% stake in SBIFML, 36.54% stake is held by AMUNDI Asset Management through a wholly owned subsidiary, Amundi India Holding and 1.25% stake is held by others. Initially Amundi India Holding’s stake was held by Societe Generale Asset Management S.A. (“SGAM”), a subsidiary of Societe Generale S.A (“SG”) which was transferred to Amundi in June 2011 with due approval of SEBI pursuant to SEBI (Mutual Funds) Regulations, 1996. AMUNDI Asset Management shall provide strategic support to the Company. SBI & AMUNDI Asset Management shall jointly develop the Company as an asset management company of international repute by adopting global best practices and maintaining international standards.

What people know them for

EnterpriseIndian originProduct basedSubsidiaryWell known

From live job postings

How SBI Mutual Fund is hiring

Calculated from the roles SBI Mutual Fund has posted across job boards and its own careers site.

Roles posted, last 6 months

62about 10 a month
MayOct

Where they hire

Mumbai6
Hyderabad4
Ahmedabad2
Chennai2
Jaipur2

Skills they ask for most

Mutual FundsNISMAmcSalesCommunication SkillsRelationship ManagementRetail SalesCustomer ServiceAsset ManagementMutual Fund Operations
Typical experience
2–6 yrs
Open to freshers
1 role

Compensation

SBI Mutual Fund salaries by role

Yearly CTC in India. The rule spans the reported range; the coin marks the average.

Company average ₹7.1 L

  • Relationship Manager

    ₹2.5 L – ₹7 L

    Average ₹4.6 L

    187 reports

  • Deputy Manager

    ₹4.5 L – ₹10 L

    Average ₹7.2 L

    126 reports

  • Sales Executive

    ₹2 L – ₹4.5 L

    Average ₹3.1 L

    62 reports

  • Chief Manager

    ₹19 L – ₹31.6 L

    Average ₹23.5 L

    34 reports

  • Customer Service Executive

    ₹1.5 L – ₹4.2 L

    Average ₹2.9 L

    29 reports

  • Branch Head

    ₹4.7 L – ₹11 L

    Average ₹7.4 L

    27 reports

  • Operations Executive

    ₹2 L – ₹3 L

    Average ₹2.6 L

    26 reports

  • Branch Manager

    ₹4.5 L – ₹10.4 L

    Average ₹7.1 L

    22 reports

Employee ratings

What it's like to work at SBI Mutual Fund

Source: AmbitionBox · 10 reviews

Rated3.8of five

Job security3.9
Work-life balance3.6
Company culture3.5
Skill development3.3
Work satisfaction3.2
Salary & benefits2.7
Career growth2.4

Highly rated for

  • Job Security
  • Work-Life Balance

Critically rated for

  • Compensation & Benefits
  • Career Growth

Perks

Benefits employees report

Ordered by how many employees mention each one.

  • Job/Soft skill training

    26 mentions

  • Health insurance

    23 mentions

  • Office cab/shuttle

    15 mentions

  • Cafeteria

    9 mentions

  • Free meal

    8 mentions

  • Office gym

    8 mentions

  • Professional degree assistance

    7 mentions

  • Course reimbursements

    5 mentions

  • Child care facility

    4 mentions

  • Joining goodies

    4 mentions

  • Gifts on festivals

    4 mentions

  • Rewards & recognition

    4 mentions

  • Annual health checkup

    4 mentions

  • Retirement benefits

    4 mentions

  • Joining bonus

    4 mentions

  • WFH setup

    3 mentions

Offices

Where SBI Mutual Fund works

38 locations
  • Agartala · Tripura
  • Agra · Uttar Pradesh
  • Ahmedabad · Gujarat
  • Bangalore / Bengaluru · Karnataka
  • Basirhat · West Bengal
  • Belgaum · Karnataka
  • Bhagalpur · Bihar
  • Bhubaneswar · Odisha

Also hiring

Companies like SBI Mutual Fund

FAQ

Questions about working at SBI Mutual Fund

How do I apply for a job at SBI Mutual Fund?

SBI Mutual Fund has 62 open jobs listed on this page, in Mumbai, Hyderabad and Ahmedabad. Pick a role, open it to read the full job description, and apply in about 2 minutes.

What is the average salary at SBI Mutual Fund?

The average annual salary at SBI Mutual Fund is ₹7.1 L. Typical annual pay by role: Relationship Manager: ₹2.5 L to ₹7 L; Deputy Manager: ₹4.5 L to ₹10 L; Sales Executive: ₹2 L to ₹4.5 L.

Does SBI Mutual Fund hire freshers?

Yes. 1 of SBI Mutual Fund's current openings is open to candidates with 0 to 1 years of experience.

Where are SBI Mutual Fund's offices?

SBI Mutual Fund is headquartered in Mumbai, Maharashtra, India. It has offices in Agartala, Agra, Ahmedabad, Bangalore / Bengaluru, Basirhat and Belgaum.

Is SBI Mutual Fund a good company to work for?

SBI Mutual Fund is rated 3.8 out of 5 from 10 employee reviews. Employees rate it highly for Job Security and Work-Life Balance. Common criticisms are about Compensation & Benefits and Career Growth.

When was SBI Mutual Fund founded?

SBI Mutual Fund was founded in 1987. The company has been operating for 38 years primarily in the Financial Services sector.

Where is the SBI Mutual Fund headquarters located?

SBI Mutual Fund is headquartered in Mumbai, Maharashtra.

How many employees does SBI Mutual Fund have in India?

SBI Mutual Fund currently has approximately 1,000+ employees in India.

62 open jobs