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Mb Fund Administrators Fund Accountant salaries in India

Annual salary range
3 - 7 years exp.
₹2.8 Lakhs - ₹5.4 Lakhs
Salary of majority employees
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24% less than the average Fund Accountant Salary for 3 - 7 years of experience

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Last Updated: 15 Sep 2023

Companies similar to Mb Fund Administrators for Fund Accountant

Company name Avg Annual Salary Open Jobs
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BNY Fund Accountant Salary

1 - 6 years exp. (85 salaries)

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₹3.2 L/yr - ₹10 L/yr

arrow icon 39% more
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HSBC Group Fund Accountant Salary

0 - 5 years exp. (55 salaries)

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₹2.8 L/yr - ₹6.6 L/yr

arrow icon 14% more
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Deutsche Bank Fund Accountant Salary

0 - 8 years exp. (37 salaries)

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₹7.4 L/yr - ₹15 L/yr

arrow icon 119% more
2 job openings
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Citicorp Fund Accountant Salary

1 - 4 years exp. (34 salaries)

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₹3.6 L/yr - ₹7.5 L/yr

arrow icon 29% more
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Cognizant Fund Accountant Salary

0 - 8 years exp. (28 salaries)

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₹1.8 L/yr - ₹8 L/yr

arrow icon 28% more
1 job opening
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Hexaware Technologies Fund Accountant Salary

3 - 5 years exp. (4 salaries)

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₹4.8 L/yr - ₹6 L/yr

arrow icon 17% more
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Ernst & Young Fund Accountant Salary

1 - 5 years exp. (4 salaries)

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₹4.4 L/yr - ₹11 L/yr

arrow icon 44% more
3 job openings
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Standard Chartered Fund Accountant Salary

2 - 5 years exp. (3 salaries)

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₹3.8 L/yr - ₹5.3 L/yr

At par
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₹2.8 L/yr - ₹4.3 L/yr

arrow icon 24% less
Fund Accountant salary at Mb Fund Administrators ranges between ₹2.8 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 14 latest salaries received from various employees of Mb Fund Administrators.

Latest annual salaries shared by Mb Fund Administrators Fund Accountant

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Experience wise Mb Fund Administrators Fund Accountant salaries

Last Updated: 15 Sep 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹7 L/yr
4 years  (5 salaries)

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₹2.8 L/yr - ₹5 L/yr
5 years  (4 salaries)

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₹3.3 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.1 L/yr

Similar Designation salaries in Mb Fund Administrators

Accountant Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Deputy Manager Salary
(3 salaries)
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₹8 L/yr - ₹11.1 L/yr
Senior Accounts Executive Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Top skills at Mb Fund Administrators for Fund Accountant

Finance

Salary related reviews for Mb Fund Administrators

2.9

Rated by 5 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 05 May 2023

3.0
 for  Salary and Benefits

Likes

...They would give you gud package but you r not aware of biggest scam behind this. Upto 1 year 15% of your salary would be deducted. The amount will be recover overall in 2.5 years in every 6 months installment after one year. No bonus, incentive, PF or OT would be given but amount will be credited after 3 months in your salary. Once your one year amount deducted then your time start to leave the company. If you shout or raise a voice to upper level or client either they will fire you or change the work because they make a gud reputation in front of client. No Fund accountant have a right to contact or send email to client for work only when there is a error. They will give you full freedom until 6 months because they know after that he has to serve 3 months notice period he can't go anywhere in that time.

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Dislikes

If you have gud experience or knowledge. They will do anything to down your image because they don't have gud communication skill, experience, even will not be able to make understand client in language. They would feel you embarassing after giving very low level work. You will cry at home after seeing this. There are unity of seniors in each team.if You are not a likeable according to them they would make a plan, giving work w/o full training, leave you at full pressure work, no back up given, no leave, regularly make a plan to give you something new. Only two in HR team they have gud relationship with seniors because it is small company they are with this organisation from last 10 years. You can't do anything. They would send you warning letter immediate. 10 people sitting cafeteria, cockroaches are running on plastic plates which are old since 5 years. Poor meals quality with a cost of 60 Rs per plate rate ( overcooked, spicy & tasteless) no restaurant or any facility near company. No pen or copy available until you send email to admin team. Very shocking washrooms, no ventilation, no toilet paper, only one soup available, Breaking door,Cleaners spit gutka in the washrooms you can't even stand, poor toilet seats looks like MCD washrooms. Special cups & plates available for Management. No tour or events happens, coffee are given but half cup because only limited milk are available after that machine will be closed. There are no hiring for girls if anyone then she is in hell ( 3-4 girls out of 70). There are few process some provide drop facility but not for girls reason guard cost would be incurred. In & out punching system only for fund or senior Accountant not for everyone. Majority of seniors are from out of Delhi & Ncr they hire people from that area only (up, jharkhand or uttarakhand). You will not receive promotion because they have predefined answer you r in training period or have error emails from starting to show you if you say anything. Worst experience.

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  • Job security - Poor
  • +4 more

Finance & Accounting Department

1.0
  •  posted on 25 Jun 2020

1.0
 for  Salary and Benefits

Likes

Never join this company company like rashan k dukkan no pf 3 month notice period.....,15% deduction till one yr it will be refund after 2 yr if u will work with company

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Dislikes

No EPf, 3 month notice period, 15% salary deduction till 1 yr completed and it will be refund after 2.6 yrs if u left job before 2.6. yrs they forfeit your all amount...so pls never join this company

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  • Salary - Bad
  • +4 more

Finance Department

2.0
  •  posted on 29 Apr 2019

1.0
 for  Salary and Benefits

Likes

Nothing... Very bad experience with mb fund.. Bad environment.. They forefit your 15℅ salary amount for 2.5 yrs... 3 months notice period.. All goods comments are fake.. Don't believe it.. Office like a gali wali rassn k dukaan

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Dislikes

Every thing dislike.. 3 month notice period... Forfeit 15℅ salry amount

  • Salary - Bad
  • +6 more

Finance & Accounting Department

5.0
  •  posted on 02 Apr 2021

3.0
 for  Salary and Benefits

Likes

Here, In this we have more opportunities to learn in deep about the private equity firm, from beginning to end process. End to end reporting activities are performing & maximum growth about the carrier.

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  • Skill development - Excellent
  • +4 more

Dislikes

More work pressure & less monetary growth. There is no PF deduction in this company

Service Delivery Department

2.0
  •  posted on 27 Jul 2018

3.0
 for  Salary and Benefits

Likes

Only good things is having good opportunities of learning things from beginning to end of operations, accounting, reporting and full package of financials preparation. People working till AVP level in service delivery team is very helpful and teach lots of things related to knowledge building.

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  • Skill development - Good
  • +1 more

Dislikes

People working in higher management especially directors are not matured enough, they do dirty politics and believe in supporting it. They never portrait the real things in front of management. They are egoistic in all way especially service delivery director. He always do and support things in his personal benefits and only listen to those who blindly making him happy. People at floor always suffers due to his bearocracy and will be suffering going forward as well if he continues doing this. He don't have much to do here now so he must be given some break if company wish to continue growth.

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  • Job security - Bad
  • +2 more
see more salary related reviews

Mb Fund Administrators Fund Accountant Salary FAQs

What is the salary of Fund Accountant at Mb Fund Administrators ?
The average salary of a Fund Accountant at Mb Fund Administrators in India typically ranges from ₹2.8 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Fund Accountant at Mb Fund Administrators earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Fund Accountant Salaries at Mb Fund Administrators 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 10+ Mb Fund Administrators employees in India.
What is the estimated take home salary of a Fund Accountant at Mb Fund Administrators in India?
The estimated take-home salary of a Fund Accountant at Mb Fund Administrators in India typically ranges from ₹33,025 to ₹34,294 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 3 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 10+ salaries received from various employees of Mb Fund Administrators. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Fund Accountant at Mb Fund Administrators ?
Finance is a popular skill required to work as a Fund Accountant at Mb Fund Administrators.
Which companies offer higher salaries than Mb Fund Administrators for Fund Accountant in India?
Deutsche Bank ₹7.4 Lakhs to ₹15.0 Lakhs per year
Ernst & Young ₹4.4 Lakhs to ₹11.0 Lakhs per year
BNY ₹3.2 Lakhs to ₹10.0 Lakhs per year
Citicorp ₹3.6 Lakhs to ₹7.5 Lakhs per year
Cognizant ₹1.8 Lakhs to ₹8.0 Lakhs per year

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

Hexaware Technologies ₹4.8 Lakhs to ₹6.0 Lakhs per year
HSBC Group ₹2.8 Lakhs to ₹6.6 Lakhs per year
Standard Chartered ₹3.8 Lakhs to ₹5.3 Lakhs per year
R G Technosolutions ₹2.8 Lakhs to ₹4.3 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 Fund Accountant at Mb Fund Administrators in India?
The salary growth for a Fund Accountant at Mb Fund Administrators depends on factors such as experience, performance, and promotions. On average, a Fund Accountant can expect the following growth trajectory at Mb Fund Administrators:

Experience Average Salary Range
3 years ₹3.0 Lakhs to ₹7.0 Lakhs per year
4 years ₹2.8 Lakhs to ₹5.0 Lakhs per year
5 years ₹3.3 Lakhs to ₹4.5 Lakhs per year
6 years ₹1.9 Lakhs to ₹5.4 Lakhs per year
and so on.

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Mb Fund Administrators Fund Accountant salary in India ranges between ₹2.8 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Mb Fund Administrators latest salaries received from various employees of Mb Fund Administrators.