UTI Asset Management Company Management Trainee Salaries by 9 Employees

0 - 1 year exp.

₹4.7 Lakhs - ₹9 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

5% less than the average Management Trainee Salary in Financial Services Companies for 0 - 1 year of experience

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Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹7 L/yr - ₹9 L/yr
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Finance & Accounting Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹4.7 L/yr - ₹8 L/yr

Last Updated: 17 Sep 2024

Companies similar to UTI Asset Management Company for Management Trainee

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Management Trainee Salary 0 - 3 years exp. (105 salaries)	₹3.6 L/yr - ₹12.4 L/yr 19% more
JM Financial Management Trainee Salary 0 - 2 years exp. (74 salaries)	₹2.7 L/yr - ₹10 L/yr 24% less
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CSC Management Trainee Salary 0 - 3 years exp. (65 salaries)	₹2.4 L/yr - ₹12 L/yr 3% more
Kotak Securities Management Trainee Salary 0 - 2 years exp. (46 salaries)	₹3.5 L/yr - ₹12.6 L/yr 3% more
ICICI Home Finance Management Trainee Salary 0 - 3 years exp. (43 salaries)	₹4 L/yr - ₹13 L/yr 34% more
National Stock Exchange of India Management Trainee Salary 0 - 2 years exp. (34 salaries)	₹5 L/yr - ₹16.2 L/yr 36% more
Macquarie Group Management Trainee Salary 0 - 2 years exp. (23 salaries)	₹8 L/yr - ₹10.3 L/yr 34% more
Aadhar Housing Finance Management Trainee Salary 0 - 2 years exp. (16 salaries)	₹1.9 L/yr - ₹3 L/yr 64% less
SBI Cards & Payment Services Management Trainee Salary 0 - 1 year exp. (15 salaries)	₹5 L/yr - ₹10 L/yr 13% more
Pine Labs Management Trainee Salary 0 - 3 years exp. (14 salaries)	₹5 L/yr - ₹12.4 L/yr 71% more
Axis Direct Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹3.5 L/yr - ₹4.1 L/yr 44% less
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Invesco Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹5.5 L/yr - ₹18.3 L/yr 70% more
Consero Global Solutions Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹3.6 L/yr - ₹3.7 L/yr 47% less
Edelweiss Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹2 L/yr - ₹6 L/yr 40% less
Apex Group Management Trainee Salary Fresher (5 salaries)	₹4.5 L/yr - ₹4.9 L/yr 33% less
Sharekhan Management Trainee Salary Fresher (4 salaries)	₹1 L/yr - ₹6 L/yr 30% less
TIAA Global Business Services Management Trainee Salary Fresher (4 salaries)	₹3 L/yr - ₹10.5 L/yr 9% less

Management Trainee salary at UTI Asset Management Company ranges between ₹4.7 Lakhs to ₹9 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 9 latest salaries received from various employees of UTI Asset Management Company.

Experience wise UTI Asset Management Company Management Trainee salaries

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹4.7 L/yr - ₹8 L/yr
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1 year (3 salaries)	₹2.9 L/yr - ₹9 L/yr

Similar Designation salaries in UTI Asset Management Company

Finance Executive Salary

(3 salaries)

₹4.8 L/yr - ₹10 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Associate Salary

(3 salaries)

₹1.45 L/yr - ₹3.5 L/yr

Relationship Manager Salary

(101 salaries)

₹3.15 L/yr - ₹9.5 L/yr

Salary related reviews for UTI Asset Management Company

3.7

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

Salary - Excellent

+6 more

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.

Skill development - Good

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.

Job security - Bad

+4 more

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.

Salary - Excellent

+6 more

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.

Job security - Excellent

+1 more

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.

Skill development - Bad

+3 more

Regional Operations Coordinator in Mumbai

Full Time

Other Department

5.0

• posted on 20 Dec 2024

4.0

for Salary and Benefits

Likes

Excellent experience.... Learnt a lot....being oldest Mutual Fund...33 years...worked...taught from scratch. Excellent place to work with complete support from seniors and colleagues.

Salary - Good

+6 more

Dislikes

Almost...Nothing...

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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UTI Asset Management Company Management Trainee Salary FAQs

What is the salary of Management Trainee at UTI Asset Management Company ?

The average salary of a Management Trainee at UTI Asset Management Company in India typically ranges from ₹4.7 Lakhs to ₹9.0 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee at UTI Asset Management Company earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Management Trainee Salaries at UTI Asset Management Company 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 9 UTI Asset Management Company employees in India.

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

The estimated take-home salary of a Management Trainee at UTI Asset Management Company in India typically ranges from ₹52,388 to ₹53,689 per month. This is based on the average salary range of ₹4.7 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 9 salaries received from various employees of UTI Asset Management Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than UTI Asset Management Company for Management Trainee in India?

Pine Labs	₹5.0 Lakhs to ₹12.4 Lakhs per year
Invesco	₹5.5 Lakhs to ₹18.3 Lakhs per year
National Stock Exchange of India	₹5.0 Lakhs to ₹16.2 Lakhs per year
ICICI Home Finance	₹4.0 Lakhs to ₹13.0 Lakhs per year
Macquarie Group	₹8.0 Lakhs to ₹10.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by UTI Asset Management Company, depending on the role and experience level.

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

The salary of a Management Trainee at companies similar to UTI Asset Management Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Mutual Fund	₹3.6 Lakhs to ₹12.4 Lakhs per year
SBI Cards & Payment Services	₹5.0 Lakhs to ₹10.0 Lakhs per year
CSC	₹2.4 Lakhs to ₹12.0 Lakhs per year
Kotak Securities	₹3.5 Lakhs to ₹12.6 Lakhs per year
TIAA Global Business Services	₹3.0 Lakhs to ₹10.5 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 Management Trainee at UTI Asset Management Company in India?

The salary growth for a Management Trainee at UTI Asset Management Company depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at UTI Asset Management Company:

Experience	Average Salary Range
Fresher	₹4.7 Lakhs to ₹8.0 Lakhs per year
1 year	₹2.9 Lakhs to ₹9.0 Lakhs per year

and so on.

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UTI Asset Management Company Management Trainee Salaries

UTI Asset Management Company Management Trainee salary in India ranges between ₹4.7 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 UTI Asset Management Company latest salaries received from various employees of UTI Asset Management Company.