LIC Mutual Fund Sales Executive Salaries by 4 Employees

1 - 2 years exp.

₹1.2 Lakh - ₹3.3 Lakhs

Salary of majority employees

22% less than the average Sales Executive Salary in Financial Services Companies for 1 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Executive Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr
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Finance & Accounting Sales Executive Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 1 Nov 2024

Companies similar to LIC Mutual Fund for Sales Executive

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Sales Executive Salary 0 - 6 years exp. (1.2k salaries)	₹1 L/yr - ₹6 L/yr 11% more
Sharekhan Sales Executive Salary 0 - 7 years exp. (297 salaries)	₹1.2 L/yr - ₹4.3 L/yr 21% more
Login to view exact salary
Bajaj Capital Sales Executive Salary 0 - 6 years exp. (120 salaries)	₹1.2 L/yr - ₹3.6 L/yr 18% less	3 job openings
Motilal Oswal Financial Services Sales Executive Salary 0 - 4 years exp. (111 salaries)	₹1.5 L/yr - ₹4.5 L/yr 19% more
5paisa Capital Ltd. Sales Executive Salary 0 - 4 years exp. (54 salaries)	₹1.7 L/yr - ₹3.5 L/yr 2% less
Aditya Birla Capital Sales Executive Salary 1 - 5 years exp. (36 salaries)	₹2 L/yr - ₹4 L/yr 19% more
BOBCARD Ltd. Sales Executive Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹3 L/yr 6% less
JM Financial Sales Executive Salary 0 - 4 years exp. (27 salaries)	₹2.4 L/yr - ₹5.4 L/yr 36% more
Muthoot Capital Services Sales Executive Salary 0 - 6 years exp. (24 salaries)	₹1.1 L/yr - ₹2.8 L/yr 21% less
Religare Sales Executive Salary 0 - 5 years exp. (20 salaries)	₹2.3 L/yr - ₹3.3 L/yr 16% more	1 job opening
ICICI Securities Sales Executive Salary 0 - 5 years exp. (18 salaries)	₹1.8 L/yr - ₹3.3 L/yr 2% less
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Stock Holding Corporation of India Sales Executive Salary 0 - 9 years exp. (18 salaries)	₹1.9 L/yr - ₹4.6 L/yr 38% more
The Muthoot Group Sales Executive Salary 0 - 5 years exp. (15 salaries)	₹1.9 L/yr - ₹2.6 L/yr 4% less
Reliance Capital Sales Executive Salary 0 - 6 years exp. (11 salaries)	₹1.1 L/yr - ₹4 L/yr 16% less
Motilal Oswal Sales Executive Salary 0 - 3 years exp. (11 salaries)	₹2 L/yr - ₹4 L/yr 8% more
Nippon Life India Asset Management Sales Executive Salary 0 - 5 years exp. (10 salaries)	₹1.8 L/yr - ₹2.7 L/yr 3% less
Geojit Financial Services Sales Executive Salary 0 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹3 L/yr 11% more
Alankit Sales Executive Salary 0 - 2 years exp. (5 salaries)	₹1.8 L/yr - ₹3.2 L/yr 14% more	1 job opening
Edelweiss Sales Executive Salary 0 - 3 years exp. (4 salaries)	₹2.6 L/yr - ₹2.8 L/yr 12% more
Srei Equipment Finance Sales Executive Salary 0 - 1 year exp. (4 salaries)	₹1.2 L/yr - ₹2.2 L/yr 38% less

Sales Executive salary at LIC Mutual Fund ranges between ₹1.2 Lakh to ₹3.3 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Mutual Fund.

Experience wise LIC Mutual Fund Sales Executive salaries

Last Updated: 1 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr

Similar Designation salaries in LIC Mutual Fund

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Sales Officer Salary

(3 salaries)

₹3 L/yr - ₹5 L/yr

Sales Manager Salary

(31 salaries)

₹3.25 L/yr - ₹6.66 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Area Sales Manager Salary

(3 salaries)

₹11.3 L/yr - ₹15 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Relationship Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Relationship Manager Salary

(35 salaries)

₹3 L/yr - ₹5.9 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Salary related reviews for LIC Mutual Fund

2.0

Rated by 2 employees for salary & benefits

Senior Relationship Manager in Kolkata

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.

Salary - Poor

+6 more

Administration Executive in Kanpur

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.

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.

Salary - Bad

+6 more

Sales Manager in New Delhi

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.

Skill development - Good

+4 more

Dislikes

Sometime managing multiple channels become challanging.

Vice President - Zonal Head - North Zone in New Delhi

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..

Salary - Excellent

+6 more

Dislikes

Nothing as such..

Business Development Manager in Bhubaneswar

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.

Company culture - Good

+1 more

Dislikes

No training, no hand holding

Salary - Bad

+4 more

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LIC Mutual Fund Sales Executive Salary FAQs

What is the salary of Sales Executive at LIC Mutual Fund ?

The average salary of a Sales Executive at LIC Mutual Fund in India typically ranges from ₹1.2 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Sales Executive at LIC Mutual Fund earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Sales Executive 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 Sales Executive at LIC Mutual Fund in India?

The estimated take-home salary of a Sales Executive at LIC Mutual Fund in India typically ranges from ₹17,181 to ₹18,886 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 1 year 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 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 Sales Executive in India?

Stock Holding Corporation of India	₹1.9 Lakhs to ₹4.6 Lakhs per year
JM Financial	₹2.4 Lakhs to ₹5.4 Lakhs per year
Sharekhan	₹1.2 Lakhs to ₹4.3 Lakhs per year
Aditya Birla Capital	₹2.0 Lakhs to ₹4.0 Lakhs per year
Motilal Oswal Financial Services	₹1.5 Lakhs to ₹4.5 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 Sales Executive in companies similar to LIC Mutual Fund in India?

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

Religare	₹2.3 Lakhs to ₹3.3 Lakhs per year
Alankit	₹1.8 Lakhs to ₹3.2 Lakhs per year
Edelweiss	₹2.6 Lakhs to ₹2.8 Lakhs per year
Geojit Financial Services	₹2.5 Lakhs to ₹3.0 Lakhs per year
Bajaj Finserv	₹1.0 Lakhs to ₹6.0 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 Sales Executive at LIC Mutual Fund in India?

The salary growth for a Sales Executive at LIC Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Sales Executive can expect the following growth trajectory at LIC Mutual Fund:

Experience	Average Salary Range
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.6 Lakhs per year

and so on.

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LIC Mutual Fund Sales Executive Salaries

LIC Mutual Fund Sales Executive salary in India ranges between ₹1.2 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 LIC Mutual Fund latest salaries received from various employees of LIC Mutual Fund.