Morningstar Mumbai Team Lead Salaries by 80+ Employees (Updated 2025)

5 - 13 years exp.

₹7 Lakhs - ₹18.6 Lakhs

Salary of majority employees

Fixed (86%)

₹11 Lakhs

Variable (14%)

₹1.9 Lakh

44% more than the average Team Lead Salary in Financial Services Companies for 5 - 13 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Finance & Accounting Team Lead Salary 5 - 13 years exp. (30 salaries)	₹7 L/yr - ₹18 L/yr
Customer Success, Service & Operations Team Lead Salary 5 - 13 years exp. (16 salaries)	₹7.7 L/yr - ₹17 L/yr
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BFSI, Investments & Trading Team Lead Salary 5 - 11 years exp. (15 salaries)	₹8.5 L/yr - ₹15 L/yr
Data Science & Analytics Team Lead Salary 6 - 12 years exp. (9 salaries)	₹8 L/yr - ₹16 L/yr
Project & Program Management Team Lead Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹18.6 L/yr

Last Updated: 22 Mar 2025

Companies similar to Morningstar for Team Lead in Mumbai

Morningstar Team Lead Salary

5 - 13 years exp. (81 salaries)

₹7 L/yr - ₹18.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Ocwen Financial Solutions Team Lead Salary 9 - 18 years exp. (72 salaries)	₹5.5 L/yr - ₹18 L/yr 19% less
Sharekhan Team Lead Salary 1 - 12 years exp. (45 salaries)	₹2.4 L/yr - ₹7 L/yr 69% less
Login to view exact salary
Travelex Team Lead Salary 9 - 15 years exp. (28 salaries)	₹8 L/yr - ₹27 L/yr 33% more
Axis Direct Team Lead Salary 2 - 10 years exp. (24 salaries)	₹1.8 L/yr - ₹7 L/yr 58% less
TMF Group Team Lead Salary 1 - 12 years exp. (13 salaries)	₹6.9 L/yr - ₹11.5 L/yr 20% less
Kotak Securities Team Lead Salary 4 - 14 years exp. (10 salaries)	₹6.2 L/yr - ₹18 L/yr 15% less
Apex Group Team Lead Salary 7 - 13 years exp. (8 salaries)	₹8.8 L/yr - ₹16.5 L/yr At par
FactSet Team Lead Salary 1 - 3 years exp. (4 salaries)	₹8 L/yr - ₹10 L/yr 28% less
Kroll Team Lead Salary 4 - 8 years exp. (3 salaries)	₹12 L/yr - ₹13.8 L/yr At par
Reliance Capital Team Lead Salary 6 - 10 years exp. (3 salaries)	₹3.3 L/yr - ₹5.4 L/yr 70% less
Wtw Global Delivery And Solutions Team Lead Salary 9 - 11 years exp. (3 salaries)	₹10 L/yr - ₹13.7 L/yr 11% less	1 job opening
Login to view exact salary

Team Lead salary at Morningstar ranges between ₹7 Lakhs to ₹18.6 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 81 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Team Lead salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
5 years (13 salaries)	₹7 L/yr - ₹15 L/yr
6 years (13 salaries)	₹9.7 L/yr - ₹18 L/yr
Login to view exact salary
7 years (9 salaries)	₹8 L/yr - ₹16.5 L/yr
8 years (17 salaries)	₹7.5 L/yr - ₹18.6 L/yr
9 years (6 salaries)	₹9.2 L/yr - ₹17 L/yr
10 years (7 salaries)	₹9 L/yr - ₹14 L/yr
11 years (7 salaries)	₹8.5 L/yr - ₹15 L/yr
12 years (6 salaries)	₹9.8 L/yr - ₹15.8 L/yr
13 years (3 salaries)	₹9.8 L/yr - ₹16.5 L/yr

View all

From

Team Lead

₹

Lakhs/yr

5 - 13 years exp.

Associate Manager

₹

Lakhs/yr

6 - 12 years exp.

Team Lead 5 - 13 years exp.

Senior Team Leader 5 - 15 years exp.

12% hike

Associate Manager 6 - 12 years exp.

27% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Morningstar

Senior Analyst Salary

(30 salaries)

₹5 L/yr - ₹18.75 L/yr

Operations Manager Salary

(7 salaries)

₹15.95 L/yr - ₹27.5 L/yr

Technical Lead Salary

(5 salaries)

₹22 L/yr - ₹29.5 L/yr

Top skills at Morningstar for Team Lead

Operations Team Leading Project Management Research Analytical Analytics Career Development Staffing Team Handling Resource Allocation Workflow SQL Data Collection Data Research Resource Allocation

Salary related reviews for Morningstar

2.6

Rated by 7 employees for salary & benefits

Team Lead in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing cost cutting it sucks big time

Work-life balance - Good

Dislikes

...ple to work like a BPO, where you will slog for 10-12 hours and give production. Company is working on hiring only freshers salary is peanuts

Salary - Bad

+4 more

Team Lead in Navi Mumbai

Full Time

Risk Management & Compliance Department

5.0

• posted on 27 Jun 2023

3.0

for Salary and Benefits

Likes

--> Excellent work culture --> Promoting learning & skill development --> Growth & Opportunity --> Additional benefits provided (Insurance coverage for self & dependants)

Skill development - Excellent

+5 more

Dislikes

Can improve in terms of being a better pay-master.

Senior Analyst in Navi Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 04 Mar 2023

1.0

for Salary and Benefits

Likes

Nothing is good about company

Dislikes

...motion activity is very slow and lot of politics. Lack of appreciation for work. Company does not pay well

Salary - Bad

+6 more

Research Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Feb 2025

1.0

for Salary and Benefits

Likes

The company has a great culture, people are treated with respect. Employees are given time to perform if they are struggling. The office has a very flexible time schedule and work hours. As long as the work gets done no one will interfere with when you login or log out. Promotions are dependent on business growth. However, the promotion hikes are barely 20%.

Skill development - Good

+4 more

Dislikes

The company offers very limited pay with 4-6% hike on every appraisal. It's a great company to be at when you are already satisfied with your pay and want to keep pace with inflation. Not when you are looking to grow.

Salary - Bad

+1 more

Senior Research Associate in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 02 Feb 2025

1.0

for Salary and Benefits

Likes

On all the negative points that i have mentioned they always keep talking about good work culture which is confined to the fact that you can take leave anytime you want.

Job security - Excellent

+1 more

Dislikes

No skill development, no credible work, very below the average salary. You wouldn't reach a six figure salary even after 4 or 5 years working in the company.

Salary - Bad

+3 more

see more salary related reviews

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Morningstar Team Lead Salary FAQs

What is the salary of Team Lead at Morningstar in Mumbai?

The average salary of a Team Lead at Morningstar in Mumbai typically ranges from ₹7.0 Lakhs to ₹18.6 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Team Lead in Mumbai at Morningstar earn more than ₹15.9 Lakhs per year, and the top 1% earn over ₹18.4 Lakhs per year. Team Lead Salaries at Morningstar 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 80+ Morningstar employees in India.

What is the estimated take home salary of a Team Lead at Morningstar in Mumbai?

The estimated take-home salary of a Team Lead at Morningstar in Mumbai typically ranges from ₹91,011 to ₹93,406 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹18.6 Lakhs per year for employees with experience ranging from 5 years to 13 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 80+ salaries received from various employees of Morningstar. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Team Lead at Morningstar in Mumbai?

To be a Team Lead at Morningstar in Mumbai, the key skills required include:

- Operations
- Team Leading
- Project Management
- Research
- Analytical

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

Which companies offer higher salaries than Morningstar for Team Lead in India?

Travelex	₹8.0 Lakhs to ₹27.0 Lakhs per year
Kroll	₹12.0 Lakhs to ₹13.8 Lakhs per year
Apex Group	₹8.8 Lakhs to ₹16.5 Lakhs per year

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

What is the salary of a Team Lead in companies similar to Morningstar in Mumbai?

The salary of a Team Lead at companies similar to Morningstar in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wtw Global Delivery And Solutions	₹10.0 Lakhs to ₹13.7 Lakhs per year
Kotak Securities	₹6.2 Lakhs to ₹18.0 Lakhs per year
Ocwen Financial Solutions	₹5.5 Lakhs to ₹18.0 Lakhs per year
TMF Group	₹6.9 Lakhs to ₹11.5 Lakhs per year
FactSet	₹8.0 Lakhs to ₹10.0 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 Team Lead at Morningstar in Mumbai?

The salary growth for a Team Lead at Morningstar in Mumbai depends on factors such as experience, performance, and promotions. On average, a Team Lead in Mumbai can expect the following growth trajectory at Morningstar:

Experience	Average Salary Range
5 years	₹7.0 Lakhs to ₹15.0 Lakhs per year
6 years	₹9.7 Lakhs to ₹18.0 Lakhs per year
7 years	₹8.0 Lakhs to ₹16.5 Lakhs per year
8 years	₹7.5 Lakhs to ₹18.6 Lakhs per year

and so on.

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Morningstar Team Lead Salaries in Mumbai

Morningstar Team Lead salary in Mumbai ranges between ₹7 Lakhs to ₹18.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 81 Morningstar latest salaries received from various employees of Morningstar.