UTI Asset Management Company Mumbai Senior Associate Vice President Salaries by 9 Employees (Updated 2025)

9 - 19 years exp.

₹11.7 Lakhs - ₹22 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

41% less than the average Senior Associate Vice President Salary in Financial Services Companies for 9 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Associate Vice President Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹11.8 L/yr - ₹16.7 L/yr
Sales & Business Development Senior Associate Vice President Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹20 L/yr
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Strategic & Top Management Senior Associate Vice President Salary 18 - 19 years exp. (AmbitionBox Estimate)	₹19.9 L/yr - ₹22 L/yr

Last Updated: 8 Mar 2025

Companies similar to UTI Asset Management Company for Senior Associate Vice President in Mumbai

UTI Asset Management Company Senior Associate Vice President Salary

9 - 19 years exp. (9 salaries)

₹11.7 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
MSCI Senior Associate Vice President Salary 9 - 15 years exp. (14 salaries)	₹18 L/yr - ₹42.5 L/yr 81% more
JPMorgan Chase & Co. Senior Associate Vice President Salary 9 - 17 years exp. (45 salaries)	₹16.2 L/yr - ₹40.2 L/yr 74% more
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UTI Mutual Fund Senior Associate Vice President Salary 9 - 20 years exp. (11 salaries)	₹15 L/yr - ₹39.5 L/yr 34% more
UTI Retirement Solutions Senior Associate Vice President Salary 6 - 13 years exp. (4 salaries)	₹6 L/yr - ₹12 L/yr 37% less
ICICI Lombard General Insurance Company Senior Associate Vice President Salary 10 - 18 years exp. (4 salaries)	₹27 L/yr - ₹33.5 L/yr 100% more

Senior Associate Vice President salary at UTI Asset Management Company ranges between ₹11.7 Lakhs to ₹22 Lakhs per year for employees with experience between 9 years to 19 years. Salary estimates are based on 9 latest salaries received from various employees of UTI Asset Management Company.

Experience wise UTI Asset Management Company Senior Associate Vice President salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
10 years (3 salaries)	₹11.7 L/yr - ₹16.2 L/yr
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11 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹18 L/yr
12 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
13 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.6 L/yr
14 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
15+ years (3 salaries)	₹6.9 L/yr - ₹22 L/yr

View all

Similar Designation salaries in UTI Asset Management Company

Associate Vice President Salary

(21 salaries)

₹8.4 L/yr - ₹30 L/yr

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

4.0

Rated by 1 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

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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UTI Asset Management Company Senior Associate Vice President Salary FAQs

What is the salary of Senior Associate Vice President at UTI Asset Management Company in Mumbai?

The average salary of a Senior Associate Vice President at UTI Asset Management Company in Mumbai typically ranges from ₹11.7 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 9 years to 19 years).

The top 10% of Senior Associate Vice President in Mumbai at UTI Asset Management Company earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Senior Associate Vice President 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 Senior Associate Vice President at UTI Asset Management Company in Mumbai?

The estimated take-home salary of a Senior Associate Vice President at UTI Asset Management Company in Mumbai typically ranges from ₹1,12,180 to ₹1,15,295 per month. This is based on the average salary range of ₹11.7 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 9 years to 19 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 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 Senior Associate Vice President in India?

ICICI Lombard General Insurance Company	₹27.0 Lakhs to ₹33.5 Lakhs per year
MSCI	₹18.0 Lakhs to ₹42.5 Lakhs per year
JPMorgan Chase & Co.	₹16.2 Lakhs to ₹40.2 Lakhs per year
UTI Mutual Fund	₹15.0 Lakhs to ₹39.5 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 Senior Associate Vice President in companies similar to UTI Asset Management Company in Mumbai?

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

UTI Retirement Solutions

₹6.0 Lakhs to ₹12.0 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 Senior Associate Vice President at UTI Asset Management Company in Mumbai?

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

Experience	Average Salary Range
9 years	₹13.6 Lakhs to ₹17.4 Lakhs per year
10 years	₹11.7 Lakhs to ₹16.2 Lakhs per year
11 years	₹14.1 Lakhs to ₹18.0 Lakhs per year
12 years	₹14.3 Lakhs to ₹18.3 Lakhs per year

and so on.

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UTI Asset Management Company Senior Associate Vice President Salaries in Mumbai

UTI Asset Management Company Senior Associate Vice President salary in Mumbai ranges between ₹11.7 Lakhs to ₹22 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.

UTI Asset Management Company Senior Associate Vice President salaries in Mumbai (Updated 2025)

Companies similar to UTI Asset Management Company for Senior Associate Vice President in Mumbai

Latest annual salaries shared by UTI Asset Management Company Senior Associate Vice President in Mumbai

Experience wise UTI Asset Management Company Senior Associate Vice President 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 Senior Associate Vice President Salary FAQs

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