What is the salary of Portfolio Managers at Tata Investment Corporation?

The salary of Portfolio Managers at Tata Investment Corporation :

• Portfolio Manager Salary Range:
  • For individuals with less than 1 year of experience, the salary typically ranges from ₹3.0 Lakhs to ₹40.0 Lakhs, with an average annual salary of ₹11.6 Lakhs.
  • Senior Portfolio Managers with more experience may earn between ₹3.5 Lakhs and ₹35.0 Lakhs, with an average annual salary of ₹10.3 Lakhs.
• Tata Investment Corporation's Holdings:
  • As of December 31, 2023, Tata Investment Corporation publicly holds shares in various companies, with a net worth of over ₹8,969.2 Crores.
  • Some of the companies in their portfolio include:
    • Indian Hotels Company Ltd.
    • Oriental Hotels Ltd.
    • Tata Power Company Ltd.
    • Titan Company Ltd.
    • Voltas Ltd.

The salaries of various positions at Tata Investment Corporation:

1. Deputy Manager (7-10 years of experience): The estimated annual salary for a Deputy Manager is around ₹26 Lakhs.
2. Senior Investment Manager (13-15 years of experience): Senior Investment Managers earn an average annual salary ranging from ₹51 Lakhs to ₹55 Lakhs.
3. Production Engineer (2 years of experience): Production Engineers receive an estimated annual salary between ₹2.6 Lakhs and ₹3.2 Lakhs.
4. Executive Assistant (16 years of experience): Executive Assistants typically earn around ₹9 Lakhs to ₹11 Lakhs per year.
5. Account Assistant (3 years of experience): Account Assistants' annual salary falls within the range of ₹2.3 Lakhs to ₹2.8 Lakhs.
6. HR Administrator (1 year of experience): HR Administrators receive an estimated salary between ₹1.1 Lakh and ₹1.3 Lakh.
7. Research Analyst (9 years of experience): Research Analysts earn an average annual salary ranging from ₹9 Lakhs to ₹11 Lakhs.
8. Company Secretary Management Trainee (1 year of experience): Their salary is estimated to be between ₹1.8 Lakh and ₹2.2 Lakhs.
9. Financial Analyst (5 years of experience): Financial Analysts' annual salary is approximately ₹1.5 Crore to ₹1.7 Crore.

The responsibilities of a Portfolio Manager at Tata Investment Corporation (TIC):

• Investment Strategy and Decision-Making:
  • Develop and execute investment strategies in line with client objectives.
  • Conduct thorough research on financial markets, economic trends, and individual securities to make informed investment decisions.
  • Assess and manage risk within the portfolio effectively.
• Portfolio Construction and Rebalancing:
  • Determine the optimal asset allocation mix based on client risk tolerance and return expectations.
  • Select specific stocks, bonds, or other investment instruments for inclusion in the portfolio.
  • Regularly review and rebalance the portfolio to maintain the desired asset allocation.
• Performance Tracking and Reporting:
  • Continuously monitor portfolio performance, tracking key metrics such as returns and volatility.
  • Provide regular updates to clients on portfolio performance and make necessary adjustments as required.
• Client Consultation and Relationship Management:
  • Understand clients' financial goals, risk tolerance, and investment preferences.
  • Maintain open communication with clients, addressing their questions and concerns.
  • Customize investment strategies to align with individual client needs.
• Regulatory Compliance and Documentation:
  • Ensure compliance with legal and regulatory requirements governing investment activities.
  • Maintain accurate records of portfolio transactions and client interactions.
• Market Research and Analysis:
  • Stay updated on market developments, industry trends, and global economic conditions.
  • Conduct in-depth analysis of specific companies and industries to identify investment opportunities.
• Stakeholder Collaboration:
  • Collaborate with internal teams such as research analysts, traders, and compliance officers.
  • Engage with external stakeholders including custodians, brokers, and fund managers as necessary.

Some additional benefits that Portfolio Managers at Tata Investment Corporation (TIC) can enjoy:

1. Employee Development Programs:
2. TIC may offer training and development programs to enhance your skills and knowledge in portfolio management and investment strategies.

2. Health and Wellness Initiatives:

1. TIC may provide health and wellness benefits such as medical insurance, wellness programs, and access to fitness facilities to promote the well-being of its employees.

3. Retirement Plans:

1. TIC may offer retirement benefits such as provident fund contributions, pension plans, or other retirement savings options to help you plan for the future.

4. Flexible Work Arrangements:

1. TIC may offer flexible work arrangements such as remote work options, flexible hours, or compressed workweeks to support work-life balance.

5.Performance Bonuses:

1. Depending on individual and company performance, Portfolio Managers may be eligible for performance-based bonuses or incentives to recognize their contributions.