Axis Direct Mumbai Equity Research Associate Salaries by 9 Employees (Updated 2025)

1 - 2 years exp.

₹4 Lakhs - ₹7.2 Lakhs

Salary of majority employees

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50% less than the average Equity Research Associate Salary in Financial Services Companies for 1 - 2 years of experience

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Last Updated: 14 Apr 2024

Companies similar to Axis Direct for Equity Research Associate in Mumbai

Axis Direct Equity Research Associate Salary

1 - 2 years exp. (9 salaries)

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₹4 L/yr - ₹7.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Equity Research Associate Salary 0 - 6 years exp. (16 salaries)	Unlock ₹7.5 L/yr - ₹29 L/yr 160% more
Kotak Securities Equity Research Associate Salary 0 - 2 years exp. (4 salaries)	Unlock ₹2.3 L/yr - ₹5.2 L/yr 45% less
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Motilal Oswal Equity Research Associate Salary 0 - 3 years exp. (8 salaries)	Unlock ₹6 L/yr - ₹10 L/yr 3% less
Edelweiss Equity Research Associate Salary 0 - 4 years exp. (10 salaries)	Unlock ₹13 L/yr - ₹16 L/yr 114% more
Reliance Securities Equity Research Associate Salary 4 - 7 years exp. (4 salaries)	Unlock ₹8 L/yr - ₹9 L/yr 25% more
Karvy Stock Broking Equity Research Associate Salary 0 - 3 years exp. (3 salaries)	Unlock ₹4.3 L/yr - ₹4.7 L/yr 34% less
IIFL Securities Equity Research Associate Salary 0 - 4 years exp. (14 salaries)	Unlock ₹7.4 L/yr - ₹25 L/yr 130% more
Motilal Oswal Financial Services Equity Research Associate Salary 1 - 4 years exp. (8 salaries)	Unlock ₹6 L/yr - ₹14.3 L/yr 33% more
Morgan Stanley Equity Research Associate Salary 0 - 7 years exp. (5 salaries)	Unlock ₹6 L/yr - ₹50 L/yr 324% more
UBS Equity Research Associate Salary 2 - 4 years exp. (4 salaries)	Unlock ₹10.5 L/yr - ₹72 L/yr 357% more
Macquarie Group Equity Research Associate Salary 1 - 5 years exp. (4 salaries)	Unlock ₹22 L/yr - ₹25 L/yr 245% more
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HSBC Group Equity Research Associate Salary 5 - 9 years exp. (3 salaries)	Unlock ₹21 L/yr - ₹40.3 L/yr 327% more

Equity Research Associate salary at Axis Direct ranges between ₹4 Lakhs to ₹7.2 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 9 latest salaries received from various employees of Axis Direct.

Experience wise Axis Direct Equity Research Associate salaries in Mumbai

Last Updated: 14 Apr 2024

Experience	Avg Annual Salary
1 year (8 salaries)	Unlock ₹4 L/yr - ₹11.6 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹12.9 L/yr

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Salary related reviews for Axis Direct

Equity Advisor in New Delhi

Full Time

Equity adviser Department

1.0

• posted on 23 Apr 2019

1.0

for Salary and Benefits

Likes

Teammates are good, no training given, no Job security, no carrier growth, average salary package, very much politics, very bad work environment, never manager your life n work in this company.

Dislikes

Many n much more things I dislike about this company. Very rude and senseless boss. He never respect girls. Behave like a dectater. Very much pressure.

Salary - Bad

+6 more

Senior Analyst in Gurgaon / Gurugram

Financial Markets Department

5.0

• posted on 06 May 2021

4.0

for Salary and Benefits

Likes

it's axis Bank subsidiary which working with brand name of axis with good fundamental and reputation in market. I joined company as senior analyst working under the Team of Fundmanager and Director where I learn lots of things about analysis,like valuations,cost modeling, DCF , Management my own working under charted accountant team and technical analysis team . Various sectors secondary report managment meeting with many companies high profile Representative. Current time I am work 4000cr aum clients overall great experience.

Salary - Good

+5 more

Dislikes

According to designation salary factors and sometimes favouritism of higher authorities and Covid time cost cutting and salary cut and many of people lose job .job unsecure nature.

Equity Advisor in Bhopal

axis securities Department

1.0

• posted on 03 May 2018

1.0

for Salary and Benefits

Likes

only salary hike was good no need to negotiate too much

Dislikes

IT,less transparency, response on any internal mail is late, no proper guidance, hr is also less responsive, supervisor dont guide you just become judgement and expect high from you.banking is also not supporting to trading. overall bakwas

Salary - Bad

+6 more

Manager in Mumbai

Full Time

Other Department

5.0

• posted on 14 Dec 2023

5.0

for Salary and Benefits

Likes

...ars. One of the best companies. You will get to learn a lot. No office politics. Salary and appraisal are on time. Management has Clear goals and vision.

Salary - Excellent

+6 more

Dislikes

It was pretty far from my home.

Collections Manager in Kolhapur

Full Time

Finance & Accounting Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

...agement is transparent. There is ahuge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

see more salary related reviews

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Axis Direct Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at Axis Direct Mumbai?

Equity Research Associate salary at Axis Direct in Mumbai ranges between ₹4.0 Lakhs to ₹7.2 Lakhs for experience between 1 years to 2 years. According to our estimates it is 50% less than the average Equity Research Associate Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Axis Direct Mumbai.

How does the salary of a Equity Research Associate at Axis Direct Mumbai compare with the average salary range for this job?

The average salary of a Equity Research Associate at Axis Direct is 50% less than the average salary of a Equity Research Associate in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Axis Direct to a Equity Research Associate in Mumbai?

UBS Equity Research Associate Salary - ₹10.5 Lakhs to ₹72.0 Lakhs per year
HSBC Group Equity Research Associate Salary - ₹21.0 Lakhs to ₹40.3 Lakhs per year
Morgan Stanley Equity Research Associate Salary - ₹6.0 Lakhs to ₹50.0 Lakhs per year
Macquarie Group Equity Research Associate Salary - ₹22.0 Lakhs to ₹25.0 Lakhs per year
HDFC Securities Equity Research Associate Salary - ₹7.5 Lakhs to ₹29.0 Lakhs per year

What is the salary of a Equity Research Associate in companies similar to Axis Direct in Mumbai?

IIFL Securities Equity Research Associate Salary - ₹7.4 Lakhs to ₹25.0 Lakhs per year
Edelweiss Equity Research Associate Salary - ₹13.0 Lakhs to ₹16.0 Lakhs per year
Motilal Oswal Financial Services Equity Research Associate Salary - ₹6.0 Lakhs to ₹14.3 Lakhs per year
Reliance Securities Equity Research Associate Salary - ₹8.0 Lakhs to ₹9.0 Lakhs per year
Motilal Oswal Equity Research Associate Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Equity Research Associate at Axis Direct in Mumbai?

The estimated take-home salary of a Equity Research Associate at Axis Direct ranges between ₹52,139 per month to ₹53,368 per month in Mumbai. The take-home salary calculation is based on the average Axis Direct Equity Research Associate salary in India which ranges between ₹4.0 Lakhs to ₹7.2 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for Equity Research Associate at Axis Direct in Mumbai?

According to AmbitionBox, 100% of the Axis Direct Equity Research Associates in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Axis Direct Equity Research Associate Salaries in Mumbai

Axis Direct Equity Research Associate salary in Mumbai ranges between ₹4 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Axis Direct latest salaries received from various employees of Axis Direct.