IIFL Finance Mumbai Mutual Fund Advisor Salaries by 9 Employees

0 - 5 years exp.

₹2.1 Lakhs - ₹3.4 Lakhs

Salary of majority employees

At par with the average Mutual Fund Advisor Salary in NBFC Companies for 0 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Mutual Fund Advisor Salary 1 - 5 years exp. (5 salaries)	₹2.8 L/yr - ₹3.4 L/yr
Login to view exact salary
BFSI, Investments & Trading Mutual Fund Advisor Salary 0 - 3 years exp. (4 salaries)	₹2.1 L/yr - ₹3.4 L/yr

Last Updated: 8 Apr 2024

Companies similar to IIFL Finance for Mutual Fund Advisor in Mumbai

IIFL Finance Mutual Fund Advisor Salary

0 - 5 years exp. (9 salaries)

₹2.1 L/yr - ₹3.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Sharekhan Mutual Fund Advisor Salary 0 - 6 years exp. (25 salaries)	₹1.9 L/yr - ₹3.2 L/yr 5% less
ICICI Prudential Mutual Fund Mutual Fund Advisor Salary 0 - 4 years exp. (11 salaries)	₹3 L/yr - ₹6 L/yr 54% more
Login to view exact salary
CAMS Mutual Fund Advisor Salary 0 - 5 years exp. (8 salaries)	₹1.6 L/yr - ₹2.5 L/yr 20% less
HDFC Securities Mutual Fund Advisor Salary 0 - 3 years exp. (7 salaries)	₹2.5 L/yr - ₹3.9 L/yr 12% more
SAMCO Securities Mutual Fund Advisor Salary 0 - 3 years exp. (6 salaries)	₹1.1 L/yr - ₹2.2 L/yr 44% less

Mutual Fund Advisor salary at IIFL Finance ranges between ₹2.1 Lakhs to ₹3.4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 9 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Mutual Fund Advisor salaries in Mumbai

Last Updated: 8 Apr 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹4.5 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹3.2 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.4 L/yr
3 years (3 salaries)	₹2.8 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in IIFL Finance

Deputy Manager Salary

(54 salaries)

₹3.5 L/yr - ₹10 L/yr

Management Trainee Salary

(28 salaries)

₹18.68 L/yr - ₹30.5 L/yr

Team Lead Salary

(23 salaries)

₹1.25 L/yr - ₹9.28 L/yr

Accountant Salary

(7 salaries)

₹2 L/yr - ₹5.5 L/yr

Senior Analyst Salary

(5 salaries)

₹3 L/yr - ₹11.5 L/yr

Top skills at IIFL Finance for Mutual Fund Advisor

Share Market Stock Market Sales Mutual Funds Advisory Equity Client Relationship Broking

Salary related reviews for IIFL Finance

Deputy Manager in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Sep 2023

1.0

for Salary and Benefits

Likes

...wth. Seniors are very rude and insensitive and careless... No work life balance. No salary promotions. No bonuses.. bonus are delayed with less %

Dislikes

Senior behaviour with junior

Salary - Bad

+5 more

Deputy Manager in Koppal

Finance & Accounting Department

5.0

• posted on 27 Jun 2022

3.0

for Salary and Benefits

Likes

Good work environment the management support transperent. There is a huge cafeteria and arcade for chilling company policies are good, Appraisal are fair and they give good salary hike and bonus every year.

Promotions - Excellent

+3 more

Dislikes

Coworkers not support

Skill development - Poor

Senior Associate in Mumbai

Product Department

1.0

• posted on 19 Feb 2021

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

...ys treated as an outsider despite best efforts one can put in at a senior level. Huge salary cut even before pandemic and during pandemic too. laid off and termination appears to be normal. The assurances or terms agreed at the time of interview were not followed after joining. Lost confidence and mental peace.

Salary - Bad

+6 more

Relationship Manager in Pune

Other Department

1.0

• posted on 01 Dec 2020

1.0

for Salary and Benefits

Likes

...am leader staff is leaving the organisation just within a month after joining. Even after leaving the company with all exit policies after 90 days also didn’t got the salary and require documents. After so much follow up’s with HR they are not giving the proper response. Not at all career growth. Pathetic experience overall.

Dislikes

Salary - Bad
Skill development - Bad

+5 more

Relationship Manager in Mumbai

BFSI, Investments & Trading Department

4.0

• posted on 15 Aug 2020

4.0

for Salary and Benefits

Likes

Company atmosphere good specially thane office good salary hike & bonus loyal higher management Nirmal Jain sir..

Salary - Good

+1 more

Dislikes

SME Insta products was good but most of NPA accounts that reason insta products not growing up.

Job security - Poor

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

Got a question about IIFL Finance?

Ask anonymously on communities.

IIFL Finance Mutual Fund Advisor Salary FAQs

What is the salary of Mutual Fund Advisor at IIFL Finance in Mumbai?

The average salary of a Mutual Fund Advisor at IIFL Finance in Mumbai typically ranges from ₹2.1 Lakhs to ₹3.4 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Mutual Fund Advisor in Mumbai at IIFL Finance earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Mutual Fund Advisor Salaries at IIFL Finance 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 9 IIFL Finance employees in India.

What is the estimated take home salary of a Mutual Fund Advisor at IIFL Finance in Mumbai?

The estimated take-home salary of a Mutual Fund Advisor at IIFL Finance in Mumbai typically ranges from ₹19,650 to ₹21,318 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from Fresher to 5 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 9 salaries received from various employees of IIFL Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Mutual Fund Advisor at IIFL Finance in Mumbai?

To be a Mutual Fund Advisor at IIFL Finance in Mumbai, the key skills required include:

- Share Market
- Stock Market
- Sales
- Mutual Funds
- Advisory

These skills are highly valued at IIFL Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IIFL Finance for Mutual Fund Advisor in India?

ICICI Prudential Mutual Fund	₹3.0 Lakhs to ₹6.0 Lakhs per year
HDFC Securities	₹2.5 Lakhs to ₹3.9 Lakhs per year

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

What is the salary of a Mutual Fund Advisor in companies similar to IIFL Finance in Mumbai?

The salary of a Mutual Fund Advisor at companies similar to IIFL Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

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 IIFL Finance in Mumbai?

The salary growth for a Mutual Fund Advisor at IIFL Finance 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 IIFL Finance:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹4.5 Lakhs per year
1 year	₹2.0 Lakhs to ₹3.2 Lakhs per year
2 years	₹1.1 Lakhs to ₹3.4 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.4 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
IIFL Finance Salaries >
IIFL Finance Mutual Fund Advisor Salaries >
IIFL Finance Mutual Fund Advisor Salaries in Mumbai

IIFL Finance Mutual Fund Advisor salary in Mumbai ranges between ₹2.1 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 IIFL Finance latest salaries received from various employees of IIFL Finance.