LIC Mutual Fund Assistant Vice President Salaries by 4 Employees

9 - 24 years exp.

₹15.8 Lakhs - ₹22 Lakhs

Salary of majority employees

38% less than the average Assistant Vice President Salary in Financial Services Companies for 9 - 24 years of experience

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Last Updated: 18 Aug 2024

Companies similar to LIC Mutual Fund for Assistant Vice President

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Assistant Vice President Salary 5 - 20 years exp. (2.1k salaries)	₹16 L/yr - ₹45 L/yr 63% more	4 job openings
Wells Fargo Assistant Vice President Salary 2 - 17 years exp. (1.4k salaries)	₹12.4 L/yr - ₹45 L/yr 36% more
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ICICI Securities Assistant Vice President Salary 7 - 20 years exp. (134 salaries)	₹15 L/yr - ₹53.5 L/yr 65% more
Edelweiss Assistant Vice President Salary 6 - 19 years exp. (129 salaries)	₹13 L/yr - ₹45 L/yr 54% more
JM Financial Assistant Vice President Salary 6 - 17 years exp. (89 salaries)	₹8 L/yr - ₹30 L/yr 3% more
ICRA Assistant Vice President Salary 8 - 15 years exp. (76 salaries)	₹24 L/yr - ₹51 L/yr 117% more
Aditya Birla Capital Assistant Vice President Salary 7 - 20 years exp. (11 salaries)	₹25 L/yr - ₹48.5 L/yr 93% more
MSCI Assistant Vice President Salary 7 - 10 years exp. (9 salaries)	₹14 L/yr - ₹42.7 L/yr 41% more
Motilal Oswal Financial Services Assistant Vice President Salary 10 - 17 years exp. (9 salaries)	₹13 L/yr - ₹25 L/yr 19% more
Sharekhan Assistant Vice President Salary 10 - 17 years exp. (6 salaries)	₹20.9 L/yr - ₹35.7 L/yr 28% more
Srei Equipment Finance Assistant Vice President Salary 11 - 24 years exp. (6 salaries)	₹18.8 L/yr - ₹22 L/yr 8% more
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Reliance Capital Assistant Vice President Salary 12 - 20 years exp. (5 salaries)	₹27 L/yr - ₹53 L/yr 81% more
Bajaj Finserv Assistant Vice President Salary 2 - 19 years exp. (5 salaries)	₹20 L/yr - ₹45 L/yr 64% more
5paisa Capital Ltd. Assistant Vice President Salary 16 - 19 years exp. (5 salaries)	₹12 L/yr - ₹28 L/yr 29% more
Nippon Life India Asset Management Assistant Vice President Salary 14 - 18 years exp. (5 salaries)	₹25.8 L/yr - ₹40 L/yr 77% more
Alankit Assistant Vice President Salary 16 - 28 years exp. (4 salaries)	₹10 L/yr - ₹26 L/yr 4% less
BOBCARD Ltd. Assistant Vice President Salary 14 - 16 years exp. (4 salaries)	₹9.1 L/yr - ₹33.7 L/yr 16% more	3 job openings
Motilal Oswal Assistant Vice President Salary 15 - 19 years exp. (4 salaries)	₹16 L/yr - ₹17 L/yr 11% less
The Muthoot Group Assistant Vice President Salary 19 - 24 years exp. (3 salaries)	₹22.4 L/yr - ₹26.3 L/yr 30% more

Assistant Vice President salary at LIC Mutual Fund ranges between ₹15.8 Lakhs to ₹22 Lakhs per year for employees with experience between 9 years to 24 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Mutual Fund.

Experience wise LIC Mutual Fund Assistant Vice President salaries

Last Updated: 18 Aug 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 L/yr
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15+ years (3 salaries)	₹15.8 L/yr - ₹20 L/yr

Similar Designation salaries in LIC Mutual Fund

Team Lead Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Salary related reviews for LIC Mutual Fund

5.0

Rated by 1 employees for salary & benefits

Senior Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 06 May 2023

2.0

for Salary and Benefits

Likes

Nothing likes for this organisation

Dislikes

...nal life hell. As the company don't have any process, proper management and all. Often you will pay from your pocket bcoz the right approvals will not come as per the commitment of the senior management. There is neither proper system nor HR policy in this organisation. If you want to spoil your career by entering in this monopoly, uncultured then you may think of this organisation. If there would 0 for job security then I could have clicked on that.

Salary - Poor

+6 more

Administration Executive in Kanpur

Full Time

Mutual funds Department

1.0

• posted on 24 Mar 2020

1.0

for Salary and Benefits

Likes

I have very bad experience working in Lic Mf as a admin executive, I have faced mental harassment there, slow growth & insecure environment.

Dislikes

I have joined there as a off role payroll process via rand stand company and they didn’t settle my dues and also not provided my reliving letter too.

Salary - Bad

+6 more

Sales Manager in New Delhi

Sales & Business Development Department

4.0

• posted on 29 May 2022

3.0

for Salary and Benefits

Likes

Work culture is good. Lots of things are there to learn and built personality. Working Location Prefrence gives better understanding about the area and gives many more ideas to enhance sales and busienss for orgsnisation.

Skill development - Good

+4 more

Dislikes

Sometime managing multiple channels become challanging.

Vice President - Zonal Head - North Zone in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 07 Feb 2022

5.0

for Salary and Benefits

Likes

Fantastic company to work for.. Performers always gets appreciated & acknowledged..Moreover Management believes in giving autonomy/ independent space to perform & excel..LIC MF has given opportunity to so many young/ fresh professionals in MF domain & most of them have come out with flying colors..The company has created/prepared so many young talent for the industry.. Indeed great experience working for this company since last 7 Years..

Salary - Excellent

+6 more

Dislikes

Nothing as such..

Business Development Manager in Bhubaneswar

Marketing & Communication Department

3.0

• posted on 12 Nov 2021

1.0

for Salary and Benefits

Likes

As a lady I feel really safe working with the organization but when it comes to guidance or support the seniors are not that much supportive, job security is very poor as meeting target is not possible because of lower penetration and less tie ups. Funds are not that very good performing to attract client.

Company culture - Good

+1 more

Dislikes

No training, no hand holding

Salary - Bad

+4 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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LIC Mutual Fund Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at LIC Mutual Fund ?

The average salary of a Assistant Vice President at LIC Mutual Fund in India typically ranges from ₹15.8 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 9 years to 24 years).

The top 10% of Assistant Vice President at LIC Mutual Fund earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Assistant Vice President Salaries at LIC 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 estimates are based on salary data submitted by 4 LIC Mutual Fund employees in India.

What is the estimated take home salary of a Assistant Vice President at LIC Mutual Fund in India?

The estimated take-home salary of a Assistant Vice President at LIC Mutual Fund in India typically ranges from ₹1,23,542 to ₹1,27,271 per month. This is based on the average salary range of ₹15.8 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 9 years to 24 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of LIC Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than LIC Mutual Fund for Assistant Vice President in India?

ICRA	₹24.0 Lakhs to ₹51.0 Lakhs per year
Aditya Birla Capital	₹25.0 Lakhs to ₹48.5 Lakhs per year
Reliance Capital	₹27.0 Lakhs to ₹53.0 Lakhs per year
Nippon Life India Asset Management	₹25.8 Lakhs to ₹40.0 Lakhs per year
ICICI Securities	₹15.0 Lakhs to ₹53.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by LIC Mutual Fund, depending on the role and experience level.

What is the salary of a Assistant Vice President in companies similar to LIC Mutual Fund in India?

The salary of a Assistant Vice President at companies similar to LIC Mutual Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finserv	₹20.0 Lakhs to ₹45.0 Lakhs per year
JPMorgan Chase & Co.	₹16.0 Lakhs to ₹45.0 Lakhs per year
Edelweiss	₹13.0 Lakhs to ₹45.0 Lakhs per year
MSCI	₹14.0 Lakhs to ₹42.7 Lakhs per year
Wells Fargo	₹12.4 Lakhs to ₹45.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Assistant Vice President at LIC Mutual Fund in India?

The salary growth for a Assistant Vice President at LIC Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President can expect the following growth trajectory at LIC Mutual Fund:

Experience	Average Salary Range
9 years	₹19.8 Lakhs to ₹25.3 Lakhs per year
15 years	₹15.8 Lakhs to ₹20.0 Lakhs per year

and so on.

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LIC Mutual Fund Assistant Vice President Salaries

LIC Mutual Fund Assistant Vice President salary in India ranges between ₹15.8 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 LIC Mutual Fund latest salaries received from various employees of LIC Mutual Fund.