CEO salaries increased at the country’s top mutual fund houses during 2019-20 on robust business growth, with HDFC Mutual Fund's Milind Barve being the highest paid executive.
According to an analysis of the data made public by mutual funds, the CEO salary given by the top 12 fund houses in terms of assets under management increased in the range of 2-132 per cent in 2019-20 from the preceding fiscal year. However, CEO remuneration of Aditya Birla Sunlife MF, Nippon India MF and DSP MF dropped by up to 19 per cent during the period under review.
The salaries for chief investment officers