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HDFC Securities Mutual Fund Advisor salaries in Mumbai

Annual salary range
0 - 2 years exp.
₹2.5 Lakhs - ₹3.9 Lakhs
Salary of majority employees
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16% more than the average Mutual Fund Advisor Salary for 0 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Mutual Fund Advisor Salary
0 - 2 years exp. (3 salaries)
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₹2.9 L/yr - ₹3.9 L/yr

Finance & Accounting
Mutual Fund Advisor Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.3 L/yr

Sales & Business Development
Mutual Fund Advisor Salary
Fresher (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.3 L/yr

Last Updated: 28 Sep 2024

Companies similar to HDFC Securities for Mutual Fund Advisor in Mumbai

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HDFC Securities Mutual Fund Advisor Salary

0 - 2 years exp. (7 salaries)

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₹2.5 L/yr - ₹3.9 L/yr

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Company name Avg Annual Salary Open Jobs
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Sharekhan Mutual Fund Advisor Salary

0 - 6 years exp. (25 salaries)

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₹1.9 L/yr - ₹3.2 L/yr

arrow icon 15% less
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₹3 L/yr - ₹6 L/yr

arrow icon 38% more
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IIFL Finance Mutual Fund Advisor Salary

0 - 5 years exp. (9 salaries)

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₹2.1 L/yr - ₹3.4 L/yr

arrow icon 10% less
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CAMS Mutual Fund Advisor Salary

0 - 5 years exp. (8 salaries)

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₹1.6 L/yr - ₹2.5 L/yr

arrow icon 28% less
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SAMCO Securities Mutual Fund Advisor Salary

0 - 3 years exp. (6 salaries)

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₹1.1 L/yr - ₹2.2 L/yr

arrow icon 50% less
Mutual Fund Advisor salary at HDFC Securities ranges between ₹2.5 Lakhs to ₹3.9 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Securities.

Latest annual salaries shared by HDFC Securities Mutual Fund Advisor in Mumbai

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2 years exp.
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2 years exp.
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2 years exp.
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9 months exp.
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Experience wise HDFC Securities Mutual Fund Advisor salaries in Mumbai

Last Updated: 28 Sep 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.4 L/yr
1 year (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
2 years  (3 salaries)

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₹2.8 L/yr - ₹3.9 L/yr

Similar Designation salaries in HDFC Securities

Deputy Manager Salary
(93 salaries)
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₹3.6 L/yr - ₹10.18 L/yr
Team Lead Salary
(29 salaries)
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₹1.5 L/yr - ₹7 L/yr
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₹1.8 L/yr - ₹3.3 L/yr
Accountant Salary
(3 salaries)
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₹2.2 L/yr - ₹4 L/yr

Salary related reviews for HDFC Securities

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 28 May 2023

1.0
 for  Salary and Benefits

Likes

Only job security if you have the potential to manage work load.

Dislikes

No fix job timings No salary hike Company only wants revenue No working culture They only wants revenue generated machine in the face of employee.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Stock Market Department

2.0
  •  posted on 22 Apr 2023

4.0
 for  Salary and Benefits

Likes

Great brand! The only other thing I liked about working here is the salary being credited on time.

read more
  • Salary - Good

Dislikes

Oh dear, downsides are uncountable. The work pressure is over the top. The salary being credited is totally unjustified to the nature of the work being done. Constant pressurizing leaves one unmotivated to the core and only to feel like leaving the organization altogether. Rubbing salt into the wound, where I work the 'politics' and 'favoritism' is unbearable - toxic working environment. On top of that, lack of appreciation for target accomplishment and frequent stealing of individual performance credit. I don't mean to be too harsh, but I'm simply describing the exact ground reality. Sugar coating is just not my cup of tea. Leaving everything aside, I would personally, never work here again (nor will recommend), even if I were to be requested or even bribed - just not worth putting your mental health in a jeopardy. The brand is GREAT without a shadow of doubt, but the management is, unfortunately, absolutely abysmal.

read more
  • Skill development - Bad
  • +5 more

Finance & Accounting Department

1.0
  •  posted on 08 Jun 2022

1.0
 for  Salary and Benefits

Likes

Worst culture, pathetic experience, no work life balance, Not sure whether it is broking company or insurance company, each and every fresh day you will start selling insurance to clients, If you want experience in Insurance industries Please join or else stay away from this job

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Dislikes

Job timing, compensation, No work life balance, Job role, Insurance selling,

read more
  • Salary - Bad
  • +6 more

Other Department

2.0
  •  posted on 29 Jun 2022

4.0
 for  Salary and Benefits

Likes

Best part was salary on time.

  • Salary - Good
  • +1 more

Dislikes

Pathetic work culture, pressure on another level, worst team Leaders,favitism on its height, though it's a broking house but they more into insurance stuffs. Non-experience manager never head to help only comes with there own problems. There is a lot of politics. If this is the culture they keep on with the new joinees so i think career opportunities ain't much.

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  • Promotions - Bad
  • +3 more

Stock Market Department

4.0
  •  posted on 07 Jun 2022

4.0
 for  Salary and Benefits

Likes

... learn in 6 months.. You will learn sales... Leave policy good.. Job security... Salary on time

read more
  • Salary - Good
  • +3 more

Dislikes

Work life balance is not good... High target less salary

  • Work-life balance - Poor
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HDFC Securities Mutual Fund Advisor Salary FAQs

What is the salary of Mutual Fund Advisor at HDFC Securities in Mumbai?
The average salary of a Mutual Fund Advisor at HDFC Securities in Mumbai typically ranges from ₹2.5 Lakhs to ₹3.9 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Mutual Fund Advisor in Mumbai at HDFC Securities earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Mutual Fund Advisor Salaries at HDFC Securities 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 7 HDFC Securities employees in India.
What is the estimated take home salary of a Mutual Fund Advisor at HDFC Securities in Mumbai?
The estimated take-home salary of a Mutual Fund Advisor at HDFC Securities in Mumbai typically ranges from ₹22,248 to ₹23,728 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from Fresher to 2 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 7 salaries received from various employees of HDFC Securities. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HDFC Securities for Mutual Fund Advisor in India?
ICICI Prudential Mutual Fund ₹3.0 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Securities, depending on the role and experience level.
What is the salary of a Mutual Fund Advisor in companies similar to HDFC Securities in Mumbai?
The salary of a Mutual Fund Advisor at companies similar to HDFC Securities in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance ₹2.1 Lakhs to ₹3.4 Lakhs per year
Sharekhan ₹1.9 Lakhs to ₹3.2 Lakhs per year
CAMS ₹1.6 Lakhs to ₹2.5 Lakhs per year
SAMCO Securities ₹1.1 Lakhs to ₹2.2 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 Mutual Fund Advisor at HDFC Securities in Mumbai?
The salary growth for a Mutual Fund Advisor at HDFC Securities in Mumbai depends on factors such as experience, performance, and promotions. On average, a Mutual Fund Advisor in Mumbai can expect the following growth trajectory at HDFC Securities:

Experience Average Salary Range
Fresher ₹2.6 Lakhs to ₹3.4 Lakhs per year
1 year ₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years ₹2.8 Lakhs to ₹3.9 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Securities Mutual Fund Advisor salary in Mumbai ranges between ₹2.5 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 HDFC Securities latest salaries received from various employees of HDFC Securities.