LIC Mutual Fund Associate Vice President Salaries by 4 Employees (Updated 2025)

7 - 15 years exp.

₹19 Lakhs - ₹22 Lakhs

Salary of majority employees

36% less than the average Associate Vice President Salary in Financial Services Companies for 7 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Vice President Salary 7 - 10 years exp. (3 salaries)	₹19 L/yr - ₹22 L/yr
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Sales & Business Development Associate Vice President Salary 15 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 17 Mar 2023

Companies similar to LIC Mutual Fund for Associate Vice President

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Associate Vice President Salary 7 - 15 years exp. (13 salaries)	₹32 L/yr - ₹66 L/yr 138% more
Axis Mutual Fund Associate Vice President Salary 9 - 16 years exp. (5 salaries)	₹20 L/yr - ₹56 L/yr 72% more
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Kotak Mahindra Bank Associate Vice President Salary 3 - 21 years exp. (1.5k salaries)	₹9.7 L/yr - ₹36 L/yr 2% less
Nippon Life India Asset Management Associate Vice President Salary 15 - 18 years exp. (4 salaries)	₹22.4 L/yr - ₹43.6 L/yr 64% more
Franklin Templeton Investments Associate Vice President Salary 17 - 20 years exp. (7 salaries)	₹35 L/yr - ₹45 L/yr 106% more
UTI Mutual Fund Associate Vice President Salary 7 - 19 years exp. (24 salaries)	₹7.5 L/yr - ₹15.5 L/yr 44% less
JPMorgan Chase & Co. Associate Vice President Salary 5 - 19 years exp. (2.1k salaries)	₹13 L/yr - ₹47 L/yr 55% more	1 job opening
Wells Fargo Associate Vice President Salary 5 - 17 years exp. (338 salaries)	₹14.3 L/yr - ₹47 L/yr 39% more
Motilal Oswal Financial Services Associate Vice President Salary 10 - 20 years exp. (110 salaries)	₹9.8 L/yr - ₹34 L/yr 1% less
ICICI Securities Associate Vice President Salary 9 - 18 years exp. (30 salaries)	₹17 L/yr - ₹40 L/yr 29% more
Edelweiss Associate Vice President Salary 9 - 18 years exp. (20 salaries)	₹14.6 L/yr - ₹41.9 L/yr 38% more
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Sharekhan Associate Vice President Salary 12 - 22 years exp. (20 salaries)	₹17.5 L/yr - ₹42 L/yr 13% more
Aditya Birla Capital Associate Vice President Salary 5 - 17 years exp. (19 salaries)	₹19 L/yr - ₹55.8 L/yr 77% more
JM Financial Associate Vice President Salary 6 - 17 years exp. (19 salaries)	₹11 L/yr - ₹32 L/yr 2% less
MSCI Associate Vice President Salary 8 - 13 years exp. (12 salaries)	₹25 L/yr - ₹50 L/yr 87% more
Bajaj Capital Associate Vice President Salary 10 - 20 years exp. (12 salaries)	₹12 L/yr - ₹22 L/yr 22% less
Bajaj Finserv Associate Vice President Salary 8 - 13 years exp. (5 salaries)	₹17 L/yr - ₹56 L/yr 76% more
Reliance Capital Associate Vice President Salary 10 - 22 years exp. (5 salaries)	₹15 L/yr - ₹23.9 L/yr 7% less
Shriram Housing Finance Associate Vice President Salary 13 - 17 years exp. (4 salaries)	₹19.6 L/yr - ₹22.4 L/yr 2% less
Envestnet Asset Management Associate Vice President Salary 15 - 22 years exp. (4 salaries)	₹36 L/yr - ₹45 L/yr 100% more

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Associate Vice President salary at LIC Mutual Fund ranges between ₹19 Lakhs to ₹22 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Mutual Fund.

Experience wise LIC Mutual Fund Associate Vice President salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
9 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 L/yr
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10 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 L/yr
15+ years (AmbitionBox Estimate)	₹18 L/yr - ₹23 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

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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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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LIC Mutual Fund Associate Vice President Salary FAQs

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

Associate Vice President salary at LIC Mutual Fund in India ranges between ₹19.0 Lakhs to ₹22.0 Lakhs for experience between 7 years to 15 years. According to our estimates it is 36% less than the average Associate Vice President Salary in India. Salary estimates are based on 4 latest salaries received from various employees of LIC Mutual Fund India.

How does the salary of a Associate Vice President at LIC Mutual Fund India compare with the average salary range for this job?

The average salary of a Associate Vice President at LIC Mutual Fund is 36% less than the average salary of a Associate Vice President in India. To know exact salary insights, login to view.

Which similar companies are paying more than LIC Mutual Fund to a Associate Vice President in India?

ICICI Prudential Mutual Fund Associate Vice President Salary - ₹32.0 Lakhs to ₹66.0 Lakhs per year
Franklin Templeton Investments Associate Vice President Salary - ₹35.0 Lakhs to ₹45.0 Lakhs per year
Envestnet Asset Management Associate Vice President Salary - ₹36.0 Lakhs to ₹45.0 Lakhs per year
MSCI Associate Vice President Salary - ₹25.0 Lakhs to ₹50.0 Lakhs per year
Aditya Birla Capital Associate Vice President Salary - ₹19.0 Lakhs to ₹55.8 Lakhs per year

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

Bajaj Finserv Associate Vice President Salary - ₹17.0 Lakhs to ₹56.0 Lakhs per year
Axis Mutual Fund Associate Vice President Salary - ₹20.0 Lakhs to ₹56.0 Lakhs per year
Nippon Life India Asset Management Associate Vice President Salary - ₹22.4 Lakhs to ₹43.6 Lakhs per year
JPMorgan Chase & Co. Associate Vice President Salary - ₹13.0 Lakhs to ₹47.0 Lakhs per year
ICRA Associate Vice President Salary - ₹25.0 Lakhs to ₹33.0 Lakhs per year

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

The estimated take-home salary of a Associate Vice President at LIC Mutual Fund ranges between ₹1,35,752 per month to ₹1,40,753 per month in India. The take-home salary calculation is based on the average LIC Mutual Fund Associate Vice President salary in India which ranges between ₹19.0 Lakhs to ₹22.0 Lakhs per year for employees with experience between 7 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Associate Vice President at LIC Mutual Fund?

According to AmbitionBox, 100% of the LIC Mutual Fund Associate Vice Presidents reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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LIC Mutual Fund Associate Vice President Salaries

LIC Mutual Fund Associate Vice President salary in India ranges between ₹19 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.