PhillipCapital Mumbai Equity Research Associate Salaries by 10 Employees (Updated 2025)

1 - 9 years exp.

₹8 Lakhs - ₹23 Lakhs

Salary of majority employees

28% more than the average Equity Research Associate Salary in Financial Services Companies for 1 - 9 years of experience

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Salaries in different departments

Finance & Accounting Equity Research Associate Salary 4 - 9 years exp. (6 salaries)	₹16 L/yr - ₹23 L/yr
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BFSI, Investments & Trading Equity Research Associate Salary 3 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹22.5 L/yr

Last Updated: 12 Dec 2024

Companies similar to PhillipCapital for Equity Research Associate in Mumbai

PhillipCapital Equity Research Associate Salary

1 - 9 years exp. (10 salaries)

₹8 L/yr - ₹23 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Equity Research Associate Salary 0 - 3 years exp. (8 salaries)	₹6 L/yr - ₹10 L/yr 62% less	2 job openings
Edelweiss Equity Research Associate Salary 0 - 4 years exp. (10 salaries)	₹13 L/yr - ₹16 L/yr 17% less
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ICICI Securities Equity Research Associate Salary 0 - 7 years exp. (14 salaries)	₹7 L/yr - ₹20 L/yr 21% less
Kotak Securities Equity Research Associate Salary 0 - 2 years exp. (4 salaries)	₹2.3 L/yr - ₹5.2 L/yr 79% less
HDFC Securities Equity Research Associate Salary 0 - 6 years exp. (17 salaries)	₹7 L/yr - ₹28 L/yr 11% less
Axis Direct Equity Research Associate Salary 1 - 2 years exp. (9 salaries)	₹4 L/yr - ₹7.2 L/yr 61% less
Motilal Oswal Financial Services Equity Research Associate Salary 1 - 4 years exp. (8 salaries)	₹6 L/yr - ₹14.3 L/yr 48% less
Reliance Securities Equity Research Associate Salary 4 - 7 years exp. (4 salaries)	₹8 L/yr - ₹9 L/yr 51% less
Karvy Stock Broking Equity Research Associate Salary 0 - 3 years exp. (3 salaries)	₹4.3 L/yr - ₹4.7 L/yr 74% less

Equity Research Associate salary at PhillipCapital ranges between ₹8 Lakhs to ₹23 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 10 latest salaries received from various employees of PhillipCapital.

Experience wise PhillipCapital Equity Research Associate salaries in Mumbai

Last Updated: 12 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹8 L/yr - ₹23.6 L/yr
2 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
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3 years (AmbitionBox Estimate)	₹12 L/yr - ₹27.5 L/yr
4 years (AmbitionBox Estimate)	₹12 L/yr - ₹18 L/yr
5 years (3 salaries)	₹16 L/yr - ₹18 L/yr
6 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.4 L/yr
7 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹20 L/yr
8 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹21.8 L/yr
9 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹23 L/yr

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Similar Designation salaries in PhillipCapital

Research Associate Salary

(7 salaries)

₹2 L/yr - ₹13.76 L/yr

Senior Equity Research Analyst Salary

(4 salaries)

₹8 L/yr - ₹14 L/yr

Equity Advisor Salary

(4 salaries)

₹4 L/yr - ₹5.4 L/yr

Deputy Manager Salary

(3 salaries)

₹6.5 L/yr - ₹8 L/yr

Equity Dealer Salary

(3 salaries)

₹5 L/yr - ₹6 L/yr

Salary related reviews for PhillipCapital

4.0

Rated by 1 employees for salary & benefits

Senior Manager Cum Team Leader in Andheri

BFSI, Investments & Trading Department

5.0

• posted on 10 Nov 2021

3.0

for Salary and Benefits

Likes

There is two things.... Company doesn't provide any other benefits except salary. I have seen lots of people who worked as dealer last 15 to 20 years but no chance to grow for any other role.they just got the hike on salary if they do 5 times of their salary. Thanks.

Skill development - Excellent

+1 more

Dislikes

No Data No Leads No activities No incentive No Tea No Coffee No water bottle I think this should be done from every organisations.

Promotions - Poor

Senior Manager in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 08 Aug 2024

3.0

for Salary and Benefits

Likes

Full freedom will be given for growth. Full entrepreneurship culture will be there for you.

Dislikes

Everything will depend on your boss, how he treats you. Very Kanjoos company. Every penny would be counted. As there is no system in place, your boss is only your future care taker.

Promotions - Poor

+1 more

Manager in Mumbai Suburban

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 May 2023

3.0

for Salary and Benefits

Likes

Phillipcapital is really good for job stability. I am working here from last 14 years. Management really balance at the time of recession at with out loose any employee. I really grow with this company. But now i wnat to move on only due to i want to grow financially, i wish to implement new ideas use my knowledge which i have achive by compliting of my second year of BCA. To inhance my technical knowledge.

Skill development - Excellent

+2 more

Dislikes

Averaglly growing at midlle mangment level.

Sales Girl in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 10 Jul 2024

1.0

for Salary and Benefits

Likes

Alauddin shaikh is harmful personal and that's good working for coming he can do anything he has freedom to do that

Dislikes

Alauddin shaikh AVP of compliance he can destroy career and life of middle class girl he is working seems 9 year so no one can complain or else he will blame you and make fake case he can do anything because he has power and money

Salary - Bad

+6 more

PMS Back Office in Lower Parel, Mumbai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 04 Jun 2023

3.0

for Salary and Benefits

Likes

There are so many wonderful things about working for the company. My favorite is probably the flexibility I have with my hours. I also love the company culture and enjoy working with everyone.

Skill development - Good

+1 more

Dislikes

I dislike the authoritative leadership they have in place. Look, I have many good ideas, and I tried to move them forward, trying to help the company. But from my position I am not allowed to suggest any improvements. I am supposed to follow the orders of my superior, and that's it.

Promotions - Poor

+1 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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PhillipCapital Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at PhillipCapital Mumbai?

Equity Research Associate salary at PhillipCapital in Mumbai ranges between ₹8.0 Lakhs to ₹23.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 28% more than the average Equity Research Associate Salary in India. Salary estimates are based on 10 latest salaries received from various employees of PhillipCapital Mumbai.

How does the salary of a Equity Research Associate at PhillipCapital Mumbai compare with the average salary range for this job?

The average salary of a Equity Research Associate at PhillipCapital is 28% more than the average salary of a Equity Research Associate in Mumbai. To know exact salary insights, login to view.

What is the salary of a Equity Research Associate in companies similar to PhillipCapital in Mumbai?

HDFC Securities Equity Research Associate Salary - ₹7.0 Lakhs to ₹28.0 Lakhs per year
Edelweiss Equity Research Associate Salary - ₹13.0 Lakhs to ₹16.0 Lakhs per year
ICICI Securities Equity Research Associate Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
Motilal Oswal Financial Services Equity Research Associate Salary - ₹6.0 Lakhs to ₹14.3 Lakhs per year
Reliance Securities Equity Research Associate Salary - ₹8.0 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Equity Research Associate at PhillipCapital in Mumbai?

The estimated take-home salary of a Equity Research Associate at PhillipCapital ranges between ₹1,18,088 per month to ₹1,21,394 per month in Mumbai. The take-home salary calculation is based on the average PhillipCapital Equity Research Associate salary in India which ranges between ₹8.0 Lakhs to ₹23.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Equity Research Associate at PhillipCapital in Mumbai?

According to AmbitionBox, 60% of the PhillipCapital Equity Research Associates in Mumbai reported a notice period of 2 Months, 40% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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PhillipCapital Equity Research Associate Salaries in Mumbai

PhillipCapital Equity Research Associate salary in Mumbai ranges between ₹8 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 PhillipCapital latest salaries received from various employees of PhillipCapital.