UTI Asset Management Company Mumbai Manager Salaries by 10+ Employees (Updated 2025)

2 - 6 years exp.

₹7.2 Lakhs - ₹13 Lakhs

Salary of majority employees

Fixed (89%)

₹8.7 Lakhs

Variable (11%)

₹1.1 Lakh

41% less than the average Manager Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 3 - 5 years exp. (3 salaries)	₹8.3 L/yr - ₹13 L/yr
Finance & Accounting Manager Salary 4 - 5 years exp. (3 salaries)	₹9.5 L/yr - ₹12 L/yr
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Customer Success, Service & Operations Manager Salary 6 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹12 L/yr
Marketing & Communication Manager Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹10.1 L/yr
Sales & Business Development Manager Salary 3 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹9.9 L/yr

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Last Updated: 16 Feb 2025

Companies similar to UTI Asset Management Company for Manager in Mumbai

UTI Asset Management Company Manager Salary

2 - 6 years exp. (13 salaries)

₹7.2 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Asset Management Company Manager Salary 3 - 9 years exp. (49 salaries)	₹6 L/yr - ₹18.3 L/yr 15% more
ICICI Prudential Mutual Fund Manager Salary 2 - 14 years exp. (67 salaries)	₹6.5 L/yr - ₹26 L/yr 55% more
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Nippon Life India Asset Management Manager Salary 5 - 12 years exp. (19 salaries)	₹6.8 L/yr - ₹17.5 L/yr 31% more
Aditya Birla Health Insurance Co Manager Salary 1 - 12 years exp. (137 salaries)	₹4.7 L/yr - ₹17 L/yr 6% more
Kotak Mahindra Asset Management Company Manager Salary 4 - 15 years exp. (10 salaries)	₹7 L/yr - ₹17.2 L/yr 13% more
Franklin Templeton Investments Manager Salary 8 - 12 years exp. (6 salaries)	₹11.8 L/yr - ₹24 L/yr 123% more
DSP Investment Managers Manager Salary 8 - 14 years exp. (18 salaries)	₹10.3 L/yr - ₹27 L/yr 84% more
Axis Asset Management Company Manager Salary 0 - 12 years exp. (18 salaries)	₹6.5 L/yr - ₹18 L/yr 47% more
Mirae Asset Global Investments (India) Manager Salary 6 - 11 years exp. (7 salaries)	₹10 L/yr - ₹24 L/yr 55% more
National Stock Exchange of India Manager Salary 2 - 13 years exp. (265 salaries)	₹8 L/yr - ₹24.4 L/yr 59% more
Edelweiss Manager Salary 3 - 14 years exp. (231 salaries)	₹5.1 L/yr - ₹21 L/yr 27% more
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Kotak Securities Manager Salary 0 - 16 years exp. (229 salaries)	₹3.3 L/yr - ₹12 L/yr 18% less
ICICI Home Finance Manager Salary 1 - 12 years exp. (96 salaries)	₹4.8 L/yr - ₹18 L/yr 7% more
Axis Direct Manager Salary 4 - 16 years exp. (45 salaries)	₹5 L/yr - ₹15.6 L/yr 21% more
SBI Cards & Payment Services Manager Salary 5 - 17 years exp. (27 salaries)	₹7.5 L/yr - ₹16 L/yr 32% more
Pine Labs Manager Salary 5 - 13 years exp. (24 salaries)	₹8.3 L/yr - ₹21 L/yr 58% more
Sharekhan Manager Salary 2 - 14 years exp. (22 salaries)	₹5 L/yr - ₹18 L/yr 8% more
Morningstar Manager Salary 9 - 18 years exp. (20 salaries)	₹15.4 L/yr - ₹30 L/yr 156% more
Ocwen Financial Solutions Manager Salary 11 - 18 years exp. (16 salaries)	₹15.4 L/yr - ₹41 L/yr 179% more	1 job opening
Macquarie Group Manager Salary 8 - 14 years exp. (12 salaries)	₹25 L/yr - ₹33.5 L/yr 203% more

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Manager salary at UTI Asset Management Company ranges between ₹7.2 Lakhs to ₹13 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 13 latest salaries received from various employees of UTI Asset Management Company.

Experience wise UTI Asset Management Company Manager salaries in Mumbai

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹17 L/yr
3 years (3 salaries)	₹8.5 L/yr - ₹10 L/yr
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4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹12 L/yr
5 years (4 salaries)	₹8.3 L/yr - ₹13 L/yr
6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹12 L/yr

Similar Designation salaries in UTI Asset Management Company

Assistant Vice President Salary

(3 salaries)

₹10 L/yr - ₹11 L/yr

Management Trainee Salary

(3 salaries)

₹4.65 L/yr - ₹7.46 L/yr

Salary related reviews for UTI Asset Management Company

3.3

Rated by 4 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

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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UTI Asset Management Company Manager Salary FAQs

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

Manager salary at UTI Asset Management Company in Mumbai ranges between ₹7.2 Lakhs to ₹13.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 41% less than the average Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of UTI Asset Management Company Mumbai.

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

The average salary of a Manager at UTI Asset Management Company is 41% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

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

Macquarie Group Manager Salary - ₹25.0 Lakhs to ₹33.5 Lakhs per year
Ocwen Financial Solutions Manager Salary - ₹15.4 Lakhs to ₹41.0 Lakhs per year
Morningstar Manager Salary - ₹15.4 Lakhs to ₹30.0 Lakhs per year
TIAA Global Business Services Manager Salary - ₹14.0 Lakhs to ₹26.5 Lakhs per year
Franklin Templeton Investments Manager Salary - ₹11.8 Lakhs to ₹24.0 Lakhs per year

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

DSP Investment Managers Manager Salary - ₹10.3 Lakhs to ₹27.0 Lakhs per year
Synchrony Manager Salary - ₹9.3 Lakhs to ₹24.0 Lakhs per year
National Stock Exchange of India Manager Salary - ₹8.0 Lakhs to ₹24.4 Lakhs per year
Pine Labs Manager Salary - ₹8.3 Lakhs to ₹21.0 Lakhs per year
Mirae Asset Global Investments (India) Manager Salary - ₹10.0 Lakhs to ₹24.0 Lakhs per year

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

The estimated take-home salary of a Manager at UTI Asset Management Company ranges between ₹70,553 per month to ₹72,369 per month in Mumbai. The take-home salary calculation is based on the average UTI Asset Management Company Manager salary in India which ranges between ₹7.2 Lakhs to ₹13.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 41% of the UTI Asset Management Company Managers in Mumbai reported a notice period of 2 Months, 35% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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UTI Asset Management Company Manager Salaries in Mumbai

UTI Asset Management Company Manager salary in Mumbai ranges between ₹7.2 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 UTI Asset Management Company latest salaries received from various employees of UTI Asset Management Company.

UTI Asset Management Company Manager salaries in Mumbai (Updated 2025)

Companies similar to UTI Asset Management Company for Manager in Mumbai

Latest annual salaries shared by UTI Asset Management Company Manager in Mumbai

Experience wise UTI Asset Management Company Manager salaries in Mumbai

Similar Designation salaries in UTI Asset Management Company

Salary related reviews for UTI Asset Management Company

Manager in Mumbai

Branch Manager in Vijayawada

Regional Operations Coordinator in Mumbai

Manager in Mumbai

Regional Operations Coordinator in Mumbai

UTI Asset Management Company Manager Salary FAQs

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