IIFL Finance Mutual Fund Advisor Salaries by 9 Employees

0 - 5 years exp.

₹2.1 Lakhs - ₹3.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

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

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Salaries in different departments

Finance & Accounting Mutual Fund Advisor Salary 1 - 5 years exp. (5 salaries)	₹2.8 L/yr - ₹3.4 L/yr
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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

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Mutual Fund Advisor Salary 2 - 5 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 8% more
Sharekhan Mutual Fund Advisor Salary 0 - 5 years exp. (45 salaries)	₹1.9 L/yr - ₹3.5 L/yr 2% less
Login to view exact salary
CAMS Mutual Fund Advisor Salary 0 - 9 years exp. (41 salaries)	₹1 L/yr - ₹3.5 L/yr 27% less
HDFC Securities Mutual Fund Advisor Salary 0 - 4 years exp. (15 salaries)	₹1.8 L/yr - ₹4 L/yr 13% more
ICICI Prudential Mutual Fund Mutual Fund Advisor Salary 0 - 6 years exp. (14 salaries)	₹3 L/yr - ₹6 L/yr 55% more

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.

Latest annual salaries shared by IIFL Finance Mutual Fund Advisor

9mo ago

₹2.8 Lakhs

3 years exp.

1y ago

₹3.4 Lakhs

2 years exp.

1y ago

₹3.2 Lakhs

1 year exp.

1y ago

₹2.1 Lakhs

8 months exp.

1y ago

₹3.4 Lakhs

3 years exp.

1y ago

2 years exp.

1y ago

1 year exp.

1y ago

3 years exp.

1y ago

5 years exp.

Experience wise IIFL Finance Mutual Fund Advisor salaries

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
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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

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Accounts Officer Salary

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₹1.2 L/yr - ₹5.8 L/yr

Analyst Salary

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₹5.5 L/yr - ₹17.34 L/yr

Team Lead Salary

(115 salaries)

₹0.95 L/yr - ₹5.85 L/yr

Financial Analyst Salary

(5 salaries)

₹2 L/yr - ₹7 L/yr

Senior Analyst Salary

(5 salaries)

₹3 L/yr - ₹13 L/yr

Finance Executive Salary

(25 salaries)

₹1.8 L/yr - ₹4 L/yr

Accountant Salary

(24 salaries)

₹2 L/yr - ₹5.5 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

3.9

Rated by 3 employees for salary & benefits

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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IIFL Finance Mutual Fund Advisor Salary FAQs

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

The average salary of a Mutual Fund Advisor at IIFL Finance in India 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 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 India?

The estimated take-home salary of a Mutual Fund Advisor at IIFL Finance in India 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 ?

To be a Mutual Fund Advisor at IIFL Finance in india, 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	₹1.8 Lakhs to ₹4.0 Lakhs per year
Muthoot Fincorp	₹2.7 Lakhs to ₹3.5 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 India?

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

Sharekhan	₹1.9 Lakhs to ₹3.5 Lakhs per year
CAMS	₹1.0 Lakhs to ₹3.5 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 India?

The salary growth for a Mutual Fund Advisor at IIFL Finance depends on factors such as experience, performance, and promotions. On average, a Mutual Fund Advisor 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.

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IIFL Finance Mutual Fund Advisor Salaries

IIFL Finance Mutual Fund Advisor salary in India 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.