UTI Asset Management Company Assistant Manager Salaries by 80+ Employees (Updated 2024)

1 - 7 years exp.

₹3.9 Lakhs - ₹9 Lakhs

Salary of majority employees

28% less than the average Assistant Manager Salary in Financial Services Companies for 1 - 7 years of experience

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Last Updated: 19 Dec 2024

Companies similar to UTI Asset Management Company for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Asset Management Company Assistant Manager Salary 1 - 10 years exp. (417 salaries)	₹4 L/yr - ₹10.4 L/yr 12% more
ICICI Prudential Mutual Fund Assistant Manager Salary 0 - 9 years exp. (652 salaries)	₹3 L/yr - ₹7.7 L/yr 12% less
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SBI Funds Management Assistant Manager Salary 2 - 8 years exp. (75 salaries)	₹3.5 L/yr - ₹7.8 L/yr 9% less
Nippon Life India Asset Management Assistant Manager Salary 3 - 9 years exp. (53 salaries)	₹3.7 L/yr - ₹8 L/yr 4% less
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (359 salaries)	₹2.1 L/yr - ₹9.5 L/yr 6% less
Kotak Mahindra Asset Management Company Assistant Manager Salary 1 - 6 years exp. (93 salaries)	₹2.2 L/yr - ₹7.3 L/yr 26% less
Franklin Templeton Investments Assistant Manager Salary 6 - 15 years exp. (133 salaries)	₹5.2 L/yr - ₹22.8 L/yr 116% more
DSP Investment Managers Assistant Manager Salary 1 - 9 years exp. (42 salaries)	₹5 L/yr - ₹12.5 L/yr 16% more
Axis Asset Management Company Assistant Manager Salary 1 - 10 years exp. (43 salaries)	₹3.5 L/yr - ₹8 L/yr 3% less
Mirae Asset Global Investments (India) Assistant Manager Salary 1 - 8 years exp. (7 salaries)	₹4.5 L/yr - ₹14 L/yr 37% more
Kotak Securities Assistant Manager Salary 0 - 6 years exp. (2.1k salaries)	₹1.6 L/yr - ₹5 L/yr 44% less	7 job openings
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SBI Cards & Payment Services Assistant Manager Salary 0 - 15 years exp. (626 salaries)	₹3 L/yr - ₹10.1 L/yr 24% more	14 job openings
Axis Direct Assistant Manager Salary 1 - 16 years exp. (253 salaries)	₹2 L/yr - ₹8 L/yr 4% less
Edelweiss Assistant Manager Salary 0 - 13 years exp. (449 salaries)	₹3.6 L/yr - ₹13 L/yr 33% more
Sharekhan Assistant Manager Salary 1 - 12 years exp. (134 salaries)	₹1.6 L/yr - ₹8.1 L/yr 13% less
Bajaj Capital Assistant Manager Salary 0 - 11 years exp. (97 salaries)	₹2 L/yr - ₹8 L/yr 25% less	1 job opening
Macquarie Group Assistant Manager Salary 4 - 12 years exp. (660 salaries)	₹10.3 L/yr - ₹30 L/yr 272% more
National Stock Exchange of India Assistant Manager Salary 0 - 6 years exp. (113 salaries)	₹3.3 L/yr - ₹10.4 L/yr 5% more
Aadhar Housing Finance Assistant Manager Salary 1 - 11 years exp. (36 salaries)	₹3.5 L/yr - ₹8.2 L/yr 14% less
Apex Group Assistant Manager Salary 6 - 12 years exp. (22 salaries)	₹8 L/yr - ₹17 L/yr 116% more

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Assistant Manager salary at UTI Asset Management Company ranges between ₹3.9 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 81 latest salaries received from various employees of UTI Asset Management Company.

Experience wise UTI Asset Management Company Assistant Manager salaries

Last Updated: 19 Dec 2024

Experience	Avg Annual Salary
1 year (36 salaries)	₹4 L/yr - ₹12 L/yr
2 years (24 salaries)	₹3.9 L/yr - ₹8 L/yr
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3 years (13 salaries)	₹3.9 L/yr - ₹8.9 L/yr
4 years (3 salaries)	₹5.3 L/yr - ₹6.5 L/yr
5 years (3 salaries)	₹4.7 L/yr - ₹7.3 L/yr
6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹7 L/yr

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Similar Designation salaries in UTI Asset Management Company

Branch Manager Salary

(7 salaries)

₹5.8 L/yr - ₹14 L/yr

Sales Manager Salary

(6 salaries)

₹5 L/yr - ₹12 L/yr

Relationship Manager Salary

(79 salaries)

₹3.15 L/yr - ₹9.5 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Operations Executive Salary

(3 salaries)

₹3 L/yr - ₹6 L/yr

Salary related reviews for UTI Asset Management Company

3.8

Rated by 3 employees for salary & benefits

Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 30 Sep 2024

5.0

for Salary and Benefits

Likes

...Opportunities for growth and development 3. Collaborative and supportive team 4. Competitive compensation and benefits 5. Diverse range of investment products and services 6. Strong brand reputation and industry presence 7. Learning opportunities from experienced professionals 8. Flexible work arrangements 9. Employee-friendly policies 10. Community outreach and CSR initiatives

Dislikes

Doesn't provide work from home opportunity. Overall good organization for all employees who are working in UTI AMC.

Branch Manager in Vijayawada

Full Time

Marketing & Communication Department

1.0

• posted on 06 May 2024

3.0

for Salary and Benefits

Likes

No point to be liking apart from the brand. Worst Ever Environment in my entire career. No one wants to drive the sales and development required by the management. Everyone feels like their own business and set their own rules. Never able to focus on core job.

Dislikes

Threateting culture, favouritism, partiality and almost Everything. The firm and its management is good. But the worst thing lies in the supervisor who are old staff here. They set their own rules. No possibility of completing core duties.

Regional Operations Coordinator in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 16 Jun 2024

5.0

for Salary and Benefits

Likes

I learnt lot of financial activities specially related to Mutual Fund industry. Sales and Operation work. On the field and back office work. Coordination with internal customers and external customers including Distributor and Investors. Full support and regular guidance from Senior Managers.

Dislikes

Nothing specific. UTI Mutual Fund is not believing in number one race.It believe in retaining existing investors with best returns and services.

Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Excellent work life balance and limited work pressure.

Dislikes

They promote literally anyone despite of their achievements past experience. You may get promoted within a year even if you can't read. People here are very close minded and doesn't want to adapt with the new things.

Summer Intern in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 21 Oct 2022

5.0

for Salary and Benefits

Likes

During my internship I was given a lot of exposure and got to get in touch with several people, which helped me build my network.

Dislikes

Not much to say because I was an intern I was given a lot of freedom on my project along with guidance so I personally didn't have any dislikes.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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UTI Asset Management Company Assistant Manager Salary FAQs

What is the salary of Assistant Manager at UTI Asset Management Company?

Assistant Manager salary at UTI Asset Management Company in India ranges between ₹3.9 Lakhs to ₹9.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 28% less than the average Assistant Manager Salary in India. Salary estimates are based on 81 latest salaries received from various employees of UTI Asset Management Company India.

How does the salary of a Assistant Manager at UTI Asset Management Company India compare with the average salary range for this job?

The average salary of a Assistant Manager at UTI Asset Management Company is 28% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than UTI Asset Management Company to a Assistant Manager in India?

Macquarie Group Assistant Manager Salary - ₹10.3 Lakhs to ₹30.0 Lakhs per year
Morningstar Assistant Manager Salary - ₹18.0 Lakhs to ₹27.0 Lakhs per year
Sun Life Financial Assistant Manager Salary - ₹8.6 Lakhs to ₹22.2 Lakhs per year
Ocwen Financial Solutions Assistant Manager Salary - ₹7.7 Lakhs to ₹24.0 Lakhs per year
Apex Group Assistant Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to UTI Asset Management Company in India?

Franklin Templeton Investments Assistant Manager Salary - ₹5.2 Lakhs to ₹22.8 Lakhs per year
Mirae Asset Global Investments (India) Assistant Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
Edelweiss Assistant Manager Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
SBI Cards & Payment Services Assistant Manager Salary - ₹3.0 Lakhs to ₹10.1 Lakhs per year
DSP Investment Managers Assistant Manager Salary - ₹5.0 Lakhs to ₹12.5 Lakhs per year

What is the estimated take home salary of a Assistant Manager at UTI Asset Management Company in India?

The estimated take-home salary of a Assistant Manager at UTI Asset Management Company ranges between ₹45,913 per month to ₹47,002 per month in India. The take-home salary calculation is based on the average UTI Asset Management Company Assistant Manager salary in India which ranges between ₹3.9 Lakhs to ₹9.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at UTI Asset Management Company?

According to AmbitionBox, 67% of the UTI Asset Management Company Assistant Managers reported a notice period of 2 Months, 33% reported a notice period of 3 Months.This is based on 15 responses on AmbitionBox in last 2 years.

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UTI Asset Management Company Assistant Manager Salaries

UTI Asset Management Company Assistant Manager salary in India ranges between ₹3.9 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 81 UTI Asset Management Company latest salaries received from various employees of UTI Asset Management Company.