UTI Mutual Fund Mumbai Senior Associate Vice President Salaries by 10+ Employees (Updated 2025)

9 - 20 years exp.

₹15 Lakhs - ₹39.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% less than the average Senior Associate Vice President Salary in Financial Services Companies for 9 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Associate Vice President Salary 14 years exp. (AmbitionBox Estimate)	₹16.5 L/yr - ₹23.5 L/yr
Finance & Accounting Senior Associate Vice President Salary 10 - 16 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹40 L/yr
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IT & Information Security Senior Associate Vice President Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹22.4 L/yr - ₹26 L/yr
Customer Success, Service & Operations Senior Associate Vice President Salary 17 years exp. (AmbitionBox Estimate)	₹21.9 L/yr - ₹30 L/yr
Marketing & Communication Senior Associate Vice President Salary 9 years exp. (AmbitionBox Estimate)	₹20.4 L/yr - ₹25 L/yr

Last Updated: 15 Feb 2025

Companies similar to UTI Mutual Fund for Senior Associate Vice President in Mumbai

UTI Mutual Fund Senior Associate Vice President Salary

9 - 20 years exp. (11 salaries)

₹15 L/yr - ₹39.5 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Senior Associate Vice President Salary 9 - 17 years exp. (45 salaries)	₹16.2 L/yr - ₹40.2 L/yr 30% more
MSCI Senior Associate Vice President Salary 9 - 15 years exp. (14 salaries)	₹18 L/yr - ₹42.5 L/yr 36% more
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UTI Asset Management Company Senior Associate Vice President Salary 9 - 19 years exp. (9 salaries)	₹11.7 L/yr - ₹22 L/yr 25% less
UTI Retirement Solutions Senior Associate Vice President Salary 6 - 13 years exp. (4 salaries)	₹6 L/yr - ₹12 L/yr 53% less
ICICI Lombard General Insurance Company Senior Associate Vice President Salary 10 - 18 years exp. (4 salaries)	₹27 L/yr - ₹33.5 L/yr 49% more

Senior Associate Vice President salary at UTI Mutual Fund ranges between ₹15 Lakhs to ₹39.5 Lakhs per year for employees with experience between 9 years to 20 years. Salary estimates are based on 11 latest salaries received from various employees of UTI Mutual Fund.

Latest annual salaries shared by UTI Mutual Fund Senior Associate Vice President in Mumbai

1mo ago

₹23.5 Lakhs

14 years exp.

3mo ago

₹15 Lakhs

16 years exp.

4mo ago

₹18 Lakhs

20 years exp.

9mo ago

₹30 Lakhs

17 years exp.

10mo ago

₹26 Lakhs

13 years exp.

10mo ago

9 years exp.

1y ago

16 years exp.

1y ago

12 years exp.

2y ago

10 years exp.

Experience wise UTI Mutual Fund Senior Associate Vice President salaries in Mumbai

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹21.3 L/yr - ₹27.2 L/yr
10 years (AmbitionBox Estimate)	₹21 L/yr - ₹26.9 L/yr
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11 years (AmbitionBox Estimate)	₹20.8 L/yr - ₹26.6 L/yr
12 years (AmbitionBox Estimate)	₹20.6 L/yr - ₹26.3 L/yr
13 years (AmbitionBox Estimate)	₹20.4 L/yr - ₹26 L/yr
14 years (AmbitionBox Estimate)	₹20.2 L/yr - ₹25.8 L/yr
15+ years (5 salaries)	₹15 L/yr - ₹30 L/yr

View all

Similar Designation salaries in UTI Mutual Fund

Associate Vice President Salary

(7 salaries)

₹11.7 L/yr - ₹15.5 L/yr

Assistant Product Manager Salary

(5 salaries)

₹4.8 L/yr - ₹5.3 L/yr

Salary related reviews for UTI Mutual Fund

2.3

Rated by 4 employees for salary & benefits

Senior Associate Vice President in Mumbai

Full Time

Product Management Department

3.0

• posted on 08 May 2023

3.0

for Salary and Benefits

Likes

A good Fund Management team in place. CIO is doing wonders. An old name in the market.

Dislikes

...red all his competition with in organisation are fired. Talent is not rewarded. Salary hikes are poor. What it is left there is just skeleton of a mammoth.

Promotions - Poor

+1 more

Branch Head At UTI MF Panipat Since 30 March 2021 in Panipat

Full Time

Other Department

5.0

• posted on 28 Jan 2022

3.0

for Salary and Benefits

Likes

Freedom to implement your ideas Supportive Management, Great Exposure in different sales verticals, Job security

Skill development - Excellent

+4 more

Dislikes

Flat Hierarchy results into fewer Growth opportunity. Low salary Growth, Fewer fun activities leading to fatigue.

Management Trainee in Ahmedabad

Full Time

Sales & Business Development Department

5.0

• posted on 03 May 2024

3.0

for Salary and Benefits

Likes

People are supportive, Company provides all sort of trainings to the employee before actually putting any work pressure. Managers here are very good. Work life balance is something I love about UTI. No Disturbance on weekends or After work hours.

Skill development - Good

+3 more

Dislikes

Nothing as such.

Promotions - Poor

Assistant Relationship Manager in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 06 Aug 2024

5.0

for Salary and Benefits

Likes

In touch with equity markets, client facing, sessions on mutual funds with the Fund manager .

Salary - Excellent

+6 more

Dislikes

No proper channel of communication with the Managers.low returns of the fund which impacts the business and difficult to achieve targets

Manager in Jaipur

Full Time

Sales & Business Development Department

4.0

• posted on 07 Feb 2025

3.0

for Salary and Benefits

Likes

Job Security is there

Job security - Good

+2 more

Dislikes

Your growth and sales pressure depends upon your reporting manager...if they don't like you....then you are****** Bhayankar politics in the office Funds ke return hi nahi hai No growth

Skill development - Bad

+1 more

see more salary related reviews

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Top trending discussions

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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 Mutual Fund Senior Associate Vice President Salary FAQs

What is the salary of Senior Associate Vice President at UTI Mutual Fund in Mumbai?

The average salary of a Senior Associate Vice President at UTI Mutual Fund in Mumbai typically ranges from ₹15.0 Lakhs to ₹39.5 Lakhs per year, depending on experience (from 9 years to 20 years).

The top 10% of Senior Associate Vice President in Mumbai at UTI Mutual Fund earn more than ₹34.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Senior Associate Vice President Salaries at UTI Mutual Fund 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 10+ UTI Mutual Fund employees in India.

What is the estimated take home salary of a Senior Associate Vice President at UTI Mutual Fund in Mumbai?

The estimated take-home salary of a Senior Associate Vice President at UTI Mutual Fund in Mumbai typically ranges from ₹1,42,573 to ₹1,47,883 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹39.5 Lakhs per year for employees with experience ranging from 9 years to 20 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 10+ salaries received from various employees of UTI Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than UTI Mutual Fund 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

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

What is the salary of a Senior Associate Vice President in companies similar to UTI Mutual Fund in Mumbai?

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

UTI Asset Management Company	₹11.7 Lakhs to ₹22.0 Lakhs per year
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 Mutual Fund in Mumbai?

The salary growth for a Senior Associate Vice President at UTI Mutual Fund 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 Mutual Fund:

Experience	Average Salary Range
9 years	₹21.3 Lakhs to ₹27.2 Lakhs per year
10 years	₹21.0 Lakhs to ₹26.9 Lakhs per year
11 years	₹20.8 Lakhs to ₹26.6 Lakhs per year
12 years	₹20.6 Lakhs to ₹26.3 Lakhs per year

and so on.

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UTI Mutual Fund Senior Associate Vice President Salaries in Mumbai

UTI Mutual Fund Senior Associate Vice President salary in Mumbai ranges between ₹15 Lakhs to ₹39.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 UTI Mutual Fund latest salaries received from various employees of UTI Mutual Fund.

UTI Mutual Fund Senior Associate Vice President salaries in Mumbai (Updated 2025)

Companies similar to UTI Mutual Fund for Senior Associate Vice President in Mumbai

Latest annual salaries shared by UTI Mutual Fund Senior Associate Vice President in Mumbai

Experience wise UTI Mutual Fund Senior Associate Vice President salaries in Mumbai

Similar Designation salaries in UTI Mutual Fund

Salary related reviews for UTI Mutual Fund

Senior Associate Vice President in Mumbai

Branch Head At UTI MF Panipat Since 30 March 2021 in Panipat

Management Trainee in Ahmedabad

Assistant Relationship Manager in Mumbai

Manager in Jaipur

UTI Mutual Fund Senior Associate Vice President Salary FAQs

Tell us how to improve this page.