UTI Asset Management Company Vice President Operations Salaries by 4 Employees

17 - 24 years exp.

₹22.4 Lakhs - ₹22.6 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

50% less than the average Vice President Operations Salary in Financial Services Companies for 17 - 24 years of experience

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Last Updated: 25 Feb 2024

Companies similar to UTI Asset Management Company for Vice President Operations

Company name	Avg Annual Salary	Open Jobs
Apex Group Vice President Operations Salary 16 - 21 years exp. (19 salaries)	₹28 L/yr - ₹40 L/yr 44% more
MSCI Vice President Operations Salary 13 - 18 years exp. (7 salaries)	₹21 L/yr - ₹60 L/yr 96% more
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SBI Cards & Payment Services Vice President Operations Salary 16 - 24 years exp. (7 salaries)	₹37 L/yr - ₹75 L/yr 129% more
Macquarie Group Vice President Operations Salary 14 - 17 years exp. (6 salaries)	₹50 L/yr - ₹60 L/yr 154% more
Kotak Securities Vice President Operations Salary 4 - 18 years exp. (5 salaries)	₹20 L/yr - ₹55 L/yr 89% more
Edelweiss Vice President Operations Salary 14 - 21 years exp. (4 salaries)	₹24 L/yr - ₹40 L/yr 35% more
CSC Vice President Operations Salary 19 - 23 years exp. (4 salaries)	₹34 L/yr - ₹81 L/yr 170% more
Synchrony Vice President Operations Salary 10 - 20 years exp. (4 salaries)	₹39.5 L/yr - ₹55.4 L/yr 118% more
Mr Cooper Vice President Operations Salary 18 - 28 years exp. (3 salaries)	₹45 L/yr - ₹94 L/yr 173% more
Pine Labs Vice President Operations Salary 20 years exp. (3 salaries)	₹30 L/yr - ₹55 L/yr 89% more
JM Financial Vice President Operations Salary 17 - 20 years exp. (3 salaries)	₹14 L/yr - ₹21.1 L/yr 20% less
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Vice President Operations salary at UTI Asset Management Company ranges between ₹22.4 Lakhs to ₹22.6 Lakhs per year for employees with experience between 17 years to 24 years. Salary estimates are based on 4 latest salaries received from various employees of UTI Asset Management Company.

Experience wise UTI Asset Management Company Vice President Operations salaries

Last Updated: 25 Feb 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹22.4 L/yr - ₹22.6 L/yr
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Similar Designation salaries in UTI Asset Management Company

Operations Executive Salary

(3 salaries)

₹3 L/yr - ₹6 L/yr

Senior Vice President Salary

(5 salaries)

₹22 L/yr - ₹28 L/yr

Associate Vice President Salary

(29 salaries)

₹6.84 L/yr - ₹23.35 L/yr

Assistant Vice President Salary

(4 salaries)

₹7.8 L/yr - ₹11 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Salary related reviews for UTI Asset Management Company

5.0

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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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 Vice President Operations Salary FAQs

What is the salary of Vice President Operations at UTI Asset Management Company ?

The average salary of a Vice President Operations at UTI Asset Management Company in India typically ranges from ₹22.4 Lakhs to ₹22.6 Lakhs per year, depending on experience (from 17 years to 24 years).

The top 10% of Vice President Operations at UTI Asset Management Company earn more than ₹22.6 Lakhs per year, and the top 1% earn over ₹22.6 Lakhs per year. Vice President Operations 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 4 UTI Asset Management Company employees in India.

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

The estimated take-home salary of a Vice President Operations at UTI Asset Management Company in India typically ranges from ₹1,44,815 to ₹1,50,226 per month. This is based on the average salary range of ₹22.4 Lakhs to ₹22.6 Lakhs per year for employees with experience ranging from 17 years to 24 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 4 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 Vice President Operations in India?

Mr Cooper	₹45.0 Lakhs to ₹94.0 Lakhs per year
CSC	₹34.0 Lakhs to ₹81.0 Lakhs per year
Macquarie Group	₹50.0 Lakhs to ₹60.0 Lakhs per year
SBI Cards & Payment Services	₹37.0 Lakhs to ₹75.0 Lakhs per year
Synchrony	₹39.5 Lakhs to ₹55.4 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 Vice President Operations in companies similar to UTI Asset Management Company in India?

The salary of a Vice President Operations 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:

MSCI	₹21.0 Lakhs to ₹60.0 Lakhs per year
Pine Labs	₹30.0 Lakhs to ₹55.0 Lakhs per year
Kotak Securities	₹20.0 Lakhs to ₹55.0 Lakhs per year
Apex Group	₹28.0 Lakhs to ₹40.0 Lakhs per year
Edelweiss	₹24.0 Lakhs to ₹40.0 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 Vice President Operations at UTI Asset Management Company in India?

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

Experience	Average Salary Range
15 years	₹22.4 Lakhs to ₹22.6 Lakhs per year

and so on.

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UTI Asset Management Company Vice President Operations Salaries

UTI Asset Management Company Vice President Operations salary in India ranges between ₹22.4 Lakhs to ₹22.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 UTI Asset Management Company latest salaries received from various employees of UTI Asset Management Company.