Mutual Funds Services Mutual Fund Distributor Salaries by 6 Employees

0 - 15 years exp.

₹0.6 Lakh - ₹5.5 Lakhs

Salary of majority employees

7% less than the average Mutual Fund Distributor Salary for 0 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Mutual Fund Distributor Salary 7 - 12 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr
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Finance & Accounting Mutual Fund Distributor Salary 4 - 15 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr

Last Updated: 27 Oct 2024

Companies similar to Mutual Funds Services for Mutual Fund Distributor

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Mutual Fund Distributor Salary 0 - 9 years exp. (3 salaries)	₹3 L/yr - ₹7.8 L/yr 106% more
SBI Mutual Fund Mutual Fund Distributor Salary 2 - 8 years exp. (5 salaries)	₹1 L/yr - ₹5 L/yr At par
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NJ Wealth Mutual Fund Distributor Salary 0 - 10 years exp. (5 salaries)	₹1.8 L/yr - ₹6 L/yr 48% more
Association of Mutual Funds in India Mutual Fund Distributor Salary 0 - 9 years exp. (5 salaries)	₹2 L/yr - ₹5 L/yr 19% more

Mutual Fund Distributor salary at Mutual Funds Services ranges between ₹0.6 Lakh to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Mutual Funds Services.

Experience wise Mutual Funds Services Mutual Fund Distributor salaries

Last Updated: 27 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.6 L/yr - ₹1.5 L/yr
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr
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2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.6 L/yr
3 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
7 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
10 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
12 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.7 L/yr
13 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
14 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
15+ years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr

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Similar Designation salaries in Mutual Funds Services

Senior Associate Salary

(4 salaries)

₹1.6 L/yr - ₹8.5 L/yr

Relationship Manager Salary

(4 salaries)

₹1.2 L/yr - ₹5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Salary related reviews for Mutual Funds Services

3.0

Rated by 1 employees for salary & benefits

Operations Manager (working remotely)

Full Time

Finance & Accounting Department

4.0

• posted on 25 Jul 2023

4.0

for Salary and Benefits

Likes

Mutual funds have completed 10 years of leader life at such a time, send me, he has got to learn from such

Salary - Good

+3 more

Dislikes

We can not send all scheme in purse for free, according to the guide line of those companies, we can promote the same schemes that the company wants.

Financial Service Advisor in Dhule

Finance Department

5.0

• posted on 09 Apr 2022

5.0

for Salary and Benefits

Likes

I like one thing most that working here makes me happy and satisfied about my job..here I find my comfort zone while working.

Salary - Excellent

+6 more

Dislikes

One thing that I don't like that people are still not able to understand financial things neatly

Internship Trainee in New Delhi

Intern

Finance & Accounting Department

3.0

• posted on 10 Dec 2021

1.0

for Salary and Benefits

Likes

We provide a wide range of services, including: Pre-launch support services NAV preparation, SPV administration, and financial reporting services Waterfall and performance fee calculations Investor services, including investor reports and a secure, online portal Tax reporting assistance, including K1, PFIC, and G-Tax CRS and FATCA services Partnership representative services Regulatory reporting

Job security - Good

+3 more

Dislikes

This objection to mutual funds is partially true, but industry-wide, fees are trending lower. The average stock fund expense ratio fell from 0.99% to 0.74% between 2000-2013. Similarly, the average bond fund expense ratio fell from 0.76% to 0.61% during same time period.

Salary - Bad

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mutual Funds Services Mutual Fund Distributor Salary FAQs

What is the salary of Mutual Fund Distributor at Mutual Funds Services ?

The average salary of a Mutual Fund Distributor at Mutual Funds Services in India typically ranges from ₹0.6 Lakhs to ₹5.5 Lakhs per year, depending on experience (from Fresher to 15 years).

The top 10% of Mutual Fund Distributor at Mutual Funds Services earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Mutual Fund Distributor Salaries at Mutual Funds Services 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 6 Mutual Funds Services employees in India.

What is the estimated take home salary of a Mutual Fund Distributor at Mutual Funds Services in India?

The estimated take-home salary of a Mutual Fund Distributor at Mutual Funds Services in India typically ranges from ₹21,409 to ₹23,052 per month. This is based on the average salary range of ₹0.6 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from Fresher to 15 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 6 salaries received from various employees of Mutual Funds Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mutual Funds Services for Mutual Fund Distributor in India?

ICICI Bank	₹3.0 Lakhs to ₹7.8 Lakhs per year
NJ Wealth	₹1.8 Lakhs to ₹6.0 Lakhs per year
Association of Mutual Funds in India	₹2.0 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Mutual Fund Distributor in companies similar to Mutual Funds Services in India?

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

SBI Mutual Fund

₹1.0 Lakhs to ₹5.0 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 Mutual Fund Distributor at Mutual Funds Services in India?

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

Experience	Average Salary Range
Fresher	₹0.6 Lakhs to ₹1.5 Lakhs per year
1 year	₹1.0 Lakhs to ₹1.3 Lakhs per year
2 years	₹1.3 Lakhs to ₹1.6 Lakhs per year
3 years	₹0.7 Lakhs to ₹2.0 Lakhs per year

and so on.

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Mutual Funds Services Mutual Fund Distributor Salaries

Mutual Funds Services Mutual Fund Distributor salary in India ranges between ₹0.6 Lakh to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mutual Funds Services latest salaries received from various employees of Mutual Funds Services.