SAMCO Securities Mutual Fund Advisor Salaries by 7 Employees (Updated 2024)

0 - 2 years exp.

₹1.1 Lakh - ₹2.2 Lakhs

Salary of majority employees

44% less than the average Mutual Fund Advisor Salary in Financial Services Companies for 0 - 2 years of experience

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Salaries in different departments

Finance & Accounting Mutual Fund Advisor Salary 0 - 2 years exp. (4 salaries)	₹1.1 L/yr - ₹2.2 L/yr
BFSI, Investments & Trading Mutual Fund Advisor Salary 1 year exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
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Sales & Business Development Mutual Fund Advisor Salary Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.3 L/yr
Aviation & Aerospace Mutual Fund Advisor Salary 1 year exp. (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.6 L/yr

Last Updated: 5 Jan 2024

Companies similar to SAMCO Securities for Mutual Fund Advisor

Company name	Avg Annual Salary	Open Jobs
Angel One Mutual Fund Advisor Salary 0 - 4 years exp. (6 salaries)	₹1.6 L/yr - ₹3.2 L/yr 58% more
ICICI Direct Mutual Fund Advisor Salary 0 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹5.2 L/yr 127% more
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HDFC Securities Mutual Fund Advisor Salary 0 - 4 years exp. (15 salaries)	₹2 L/yr - ₹4 L/yr 110% more
Wishfin Mutual Fund Advisor Salary 1 - 4 years exp. (4 salaries)	₹3.1 L/yr - ₹3.5 L/yr 116% more
Sharekhan Mutual Fund Advisor Salary 0 - 4 years exp. (57 salaries)	₹2 L/yr - ₹3.5 L/yr 77% more

Mutual Fund Advisor salary at SAMCO Securities ranges between ₹1.1 Lakh to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 7 latest salaries received from various employees of SAMCO Securities.

Experience wise SAMCO Securities Mutual Fund Advisor salaries

Last Updated: 5 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.2 L/yr
1 year (4 salaries)	₹1.5 L/yr - ₹1.8 L/yr
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2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr

Similar Designation salaries in SAMCO Securities

Deputy Manager Salary

(4 salaries)

₹7.4 L/yr - ₹9.4 L/yr

Team Lead Salary

(15 salaries)

₹2.05 L/yr - ₹5 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Research Analyst Salary

(7 salaries)

₹5 L/yr - ₹8 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹33.8 L/yr - ₹43.1 L/yr

Salary related reviews for SAMCO Securities

3.9

Rated by 2 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Marketing & Communication Department

2.0

• posted on 28 Jul 2023

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Work is mostly things outside of KPI. You have to work on anything and everything. Extended work hours without compensation and recognition is common. You grow your knowledge but in unnecessary things.

Senior PHP Developer in Mumbai

Full Time

Engineering - Software & QA Department

3.0

• posted on 24 May 2022

3.0

for Salary and Benefits

Likes

- sat sun fixed of for IT team . - good work culture - good colleagueas - supportive and helpful seniors - great environment to learn

Dislikes

- less increment - less recognition for your work - salary late sometimes due to some irresponsible employees - they pay half salary during notice period

Software Engineer in Mumbai And Chennai

Full Time

Engineering - Software & QA Department

5.0

• posted on 29 Jan 2022

3.0

for Salary and Benefits

Likes

...ove your talent of IT KNOWLEDGE here.good TL's and Good management.normal hike.but if you are prove your stuff they give compensation,monthly one leave and weekly 5 days work.life balance are good.

Dislikes

It's an agile environment sometimes while build release all are very fast...Sometimes it not to adapt with our self

Account Opening Executive in Mumbai

Finance & Accounting Department

1.0

• posted on 11 Nov 2021

1.0

for Salary and Benefits

Likes

...h no scope in job no job security no learning on job don't waste time in go any other discount broking firm where salary is genuine

Dislikes

Salry is 10k in hand what should I say 9 hours working hours for this salary is 10k

Marketing Manager in Mumbai

Full Time

Marketing & Communication Department

2.0

• posted on 18 Apr 2024

1.0

for Salary and Benefits

Likes

Company culture lacks transparency, Work life balance is myth where you can subscribe to doctor services for anxiety and aggressive behaviour which is taught by senior leadership team, best part about working in Samco is you can see classic headless leadership which results in confusion, inconsistency and lack of direction within the organisation.

Dislikes

No Growth Opportunities, lack of investment in infra for customer facing systems leading to system outage almost every fortnight, funniest part is when your CTO admits how the clients are still associate with Samco despite all these issues are a surprise to him then imagine how would junior executives like us would be managing things around

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SAMCO Securities Mutual Fund Advisor Salary FAQs

What is the salary of Mutual Fund Advisor at SAMCO Securities?

Mutual Fund Advisor salary at SAMCO Securities in India ranges between ₹1.1 Lakhs to ₹2.2 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 44% less than the average Mutual Fund Advisor Salary in India. Salary estimates are based on 7 latest salaries received from various employees of SAMCO Securities India.

How does the salary of a Mutual Fund Advisor at SAMCO Securities India compare with the average salary range for this job?

The average salary of a Mutual Fund Advisor at SAMCO Securities is 44% less than the average salary of a Mutual Fund Advisor in India. To know exact salary insights, login to view.

Which similar companies are paying more than SAMCO Securities to a Mutual Fund Advisor in India?

ICICI Direct Mutual Fund Advisor Salary - ₹2.2 Lakhs to ₹5.2 Lakhs per year
Wishfin Mutual Fund Advisor Salary - ₹3.1 Lakhs to ₹3.5 Lakhs per year
HDFC Securities Mutual Fund Advisor Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Sharekhan Mutual Fund Advisor Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
Angel One Mutual Fund Advisor Salary - ₹1.6 Lakhs to ₹3.2 Lakhs per year

What is the estimated take home salary of a Mutual Fund Advisor at SAMCO Securities in India?

The estimated take-home salary of a Mutual Fund Advisor at SAMCO Securities ranges between ₹10,395 per month to ₹11,510 per month in India. The take-home salary calculation is based on the average SAMCO Securities Mutual Fund Advisor salary in India which ranges between ₹1.1 Lakhs to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Mutual Fund Advisor at SAMCO Securities?

According to AmbitionBox, 100% of the SAMCO Securities Mutual Fund Advisors reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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SAMCO Securities Mutual Fund Advisor Salaries

SAMCO Securities Mutual Fund Advisor salary in India ranges between ₹1.1 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SAMCO Securities latest salaries received from various employees of SAMCO Securities.