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LIC Mutual Fund Advisor salaries in India

Annual salary range
2 - 7 years exp.
₹1.8 Lakh - ₹2.8 Lakhs
Salary of majority employees
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57% less than the average Advisor Salary in Financial Services Companies for 2 - 7 years of experience

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Last Updated: 7 Sep 2023

Companies similar to LIC Mutual Fund for Advisor

Company name Avg Annual Salary Open Jobs
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Motilal Oswal Financial Services Advisor Salary

0 - 10 years exp. (188 salaries)

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₹1.5 L/yr - ₹5.7 L/yr

arrow icon 89% more
2 job openings
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Motilal Oswal Advisor Salary

0 - 6 years exp. (12 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 44% more
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Edelweiss Advisor Salary

3 - 8 years exp. (6 salaries)

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₹2.5 L/yr - ₹7 L/yr

arrow icon 97% more
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JPMorgan Chase & Co. Advisor Salary

1 - 6 years exp. (6 salaries)

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₹4 L/yr - ₹6.8 L/yr

arrow icon 122% more
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ICICI Securities Advisor Salary

1 - 3 years exp. (5 salaries)

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₹4.1 L/yr - ₹13.9 L/yr

arrow icon 333% more
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Sharekhan Advisor Salary

1 - 3 years exp. (4 salaries)

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₹2.1 L/yr - ₹4.3 L/yr

arrow icon 35% more
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Reliance Capital Advisor Salary

0 - 1 year exp. (4 salaries)

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₹1 L/yr - ₹3 L/yr

arrow icon 8% less
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Bajaj Capital Advisor Salary

0 - 2 years exp. (3 salaries)

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₹1.4 L/yr - ₹1.9 L/yr

arrow icon 26% less
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Religare Advisor Salary

4 - 6 years exp. (3 salaries)

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₹3.2 L/yr - ₹4.2 L/yr

arrow icon 82% more
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JM Financial Advisor Salary

0 - 1 year exp. (3 salaries)

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₹2.7 L/yr - ₹3 L/yr

arrow icon 31% more
Advisor salary at LIC Mutual Fund ranges between ₹1.8 Lakh to ₹2.8 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Mutual Fund.

Latest annual salaries shared by LIC Mutual Fund Advisor

1y ago
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7 years exp.
1y ago
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4 years exp.
1y ago
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2 years exp.

Experience wise LIC Mutual Fund Advisor salaries

Last Updated: 7 Sep 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹1.8 L/yr
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹1.8 L/yr
4 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr
6 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
View all

Similar Designation salaries in LIC Mutual Fund

Agent Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
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₹1.2 L/yr - ₹3.2 L/yr
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₹1.2 L/yr - ₹3 L/yr
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₹2.1 L/yr - ₹3.5 L/yr
Customer Care Executive Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹1.45 L/yr - ₹5.5 L/yr
Customer Support Executive Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Salary related reviews for LIC Mutual Fund

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 06 May 2023

2.0
 for  Salary and Benefits

Likes

Nothing likes for this organisation

Dislikes

...nal life hell. As the company don't have any process, proper management and all. Often you will pay from your pocket bcoz the right approvals will not come as per the commitment of the senior management. There is neither proper system nor HR policy in this organisation. If you want to spoil your career by entering in this monopoly, uncultured then you may think of this organisation. If there would 0 for job security then I could have clicked on that.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Mutual funds Department

1.0
  •  posted on 24 Mar 2020

1.0
 for  Salary and Benefits

Likes

I have very bad experience working in Lic Mf as a admin executive, I have faced mental harassment there, slow growth & insecure environment.

read more

Dislikes

I have joined there as a off role payroll process via rand stand company and they didn’t settle my dues and also not provided my reliving letter too.

read more
  • Salary - Bad
  • +6 more

Sales & Business Development Department

4.0
  •  posted on 29 May 2022

3.0
 for  Salary and Benefits

Likes

Work culture is good. Lots of things are there to learn and built personality. Working Location Prefrence gives better understanding about the area and gives many more ideas to enhance sales and busienss for orgsnisation.

read more
  • Skill development - Good
  • +4 more

Dislikes

Sometime managing multiple channels become challanging.

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 07 Feb 2022

5.0
 for  Salary and Benefits

Likes

Fantastic company to work for.. Performers always gets appreciated & acknowledged..Moreover Management believes in giving autonomy/ independent space to perform & excel..LIC MF has given opportunity to so many young/ fresh professionals in MF domain & most of them have come out with flying colors..The company has created/prepared so many young talent for the industry.. Indeed great experience working for this company since last 7 Years..

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing as such..

Marketing & Communication Department

3.0
  •  posted on 12 Nov 2021

1.0
 for  Salary and Benefits

Likes

As a lady I feel really safe working with the organization but when it comes to guidance or support the seniors are not that much supportive, job security is very poor as meeting target is not possible because of lower penetration and less tie ups. Funds are not that very good performing to attract client.

read more
  • Company culture - Good
  • +1 more

Dislikes

No training, no hand holding

  • Salary - Bad
  • +4 more
see more salary related reviews

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LIC Mutual Fund Advisor Salary FAQs

What is the salary of Advisor at LIC Mutual Fund ?
The average salary of a Advisor at LIC Mutual Fund in India typically ranges from ₹1.8 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Advisor at LIC Mutual Fund earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Advisor Salaries at LIC Mutual Fund 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 4 LIC Mutual Fund employees in India.
What is the estimated take home salary of a Advisor at LIC Mutual Fund in India?
The estimated take-home salary of a Advisor at LIC Mutual Fund in India typically ranges from ₹14,950 to ₹16,513 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 2 years to 7 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 4 salaries received from various employees of LIC Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than LIC Mutual Fund for Advisor in India?
ICICI Securities ₹4.1 Lakhs to ₹13.9 Lakhs per year
JPMorgan Chase & Co. ₹4.0 Lakhs to ₹6.8 Lakhs per year
Edelweiss ₹2.5 Lakhs to ₹7.0 Lakhs per year
Motilal Oswal Financial Services ₹1.5 Lakhs to ₹5.7 Lakhs per year
Religare ₹3.2 Lakhs to ₹4.2 Lakhs per year

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

Motilal Oswal ₹2.0 Lakhs to ₹5.0 Lakhs per year
Sharekhan ₹2.1 Lakhs to ₹4.3 Lakhs per year
JM Financial ₹2.7 Lakhs to ₹3.0 Lakhs per year
Reliance Capital ₹1.0 Lakhs to ₹3.0 Lakhs per year
Bajaj Capital ₹1.4 Lakhs to ₹1.9 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 Advisor at LIC Mutual Fund in India?
The salary growth for a Advisor at LIC Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Advisor can expect the following growth trajectory at LIC Mutual Fund:

Experience Average Salary Range
2 years ₹1.8 Lakhs to ₹1.8 Lakhs per year
3 years ₹1.8 Lakhs to ₹1.8 Lakhs per year
4 years ₹1.8 Lakhs to ₹3.6 Lakhs per year
5 years ₹2.0 Lakhs to ₹2.6 Lakhs per year
and so on.

Tell us how to improve this page.

LIC Mutual Fund Advisor salary in India ranges between ₹1.8 Lakh to ₹2.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 LIC Mutual Fund latest salaries received from various employees of LIC Mutual Fund.