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SAMCO Securities Mutual Fund Advisor salaries in Mumbai

Annual salary range
0 - 2 years exp.
₹1.1 Lakh - ₹2.2 Lakhs
Salary of majority employees
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42% 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)
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₹1.1 L/yr - ₹2.2 L/yr

Sales & Business Development
Mutual Fund Advisor Salary
Fresher (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.3 L/yr

Aviation & Aerospace
Mutual Fund Advisor Salary
1 year exp. (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr

Last Updated: 5 Jan 2024

Companies similar to SAMCO Securities for Mutual Fund Advisor in Mumbai

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SAMCO Securities Mutual Fund Advisor Salary

0 - 2 years exp. (6 salaries)

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₹1.1 L/yr - ₹2.2 L/yr

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Company name Avg Annual Salary Open Jobs
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Sharekhan Mutual Fund Advisor Salary

0 - 6 years exp. (25 salaries)

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₹1.9 L/yr - ₹3.2 L/yr

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₹3 L/yr - ₹6 L/yr

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IIFL Finance Mutual Fund Advisor Salary

0 - 5 years exp. (9 salaries)

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₹2.1 L/yr - ₹3.4 L/yr

arrow icon 80% more
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CAMS Mutual Fund Advisor Salary

0 - 5 years exp. (8 salaries)

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₹1.6 L/yr - ₹2.5 L/yr

arrow icon 45% more
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HDFC Securities Mutual Fund Advisor Salary

0 - 3 years exp. (7 salaries)

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₹2.5 L/yr - ₹3.9 L/yr

arrow icon 101% 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 6 latest salaries received from various employees of SAMCO Securities.

Latest annual salaries shared by SAMCO Securities Mutual Fund Advisor in Mumbai

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Experience wise SAMCO Securities Mutual Fund Advisor salaries in Mumbai

Last Updated: 5 Jan 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1 L/yr - ₹1.3 L/yr
1 year  (3 salaries)

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₹1.5 L/yr - ₹1.8 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr

Similar Designation salaries in SAMCO Securities

Team Lead Salary
(15 salaries)
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₹2.05 L/yr - ₹6.87 L/yr
Deputy Manager Salary
(3 salaries)
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₹7.4 L/yr - ₹9.4 L/yr

Salary related reviews for SAMCO Securities

3.9

Rated by 2 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 28 Jul 2023

2.0
 for  Salary and Benefits

Likes

Nothing

  • Job security - Good

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.

read more
  • Salary - Poor
  • +5 more

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

read more
  • Job security - Good

Dislikes

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

read more
  • Promotions - Poor

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.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

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

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

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Dislikes

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

read more
  • Salary - Bad
  • +6 more

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.

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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 - Bad
  • +6 more
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SAMCO Securities Mutual Fund Advisor Salary FAQs

What is the salary of Mutual Fund Advisor at SAMCO Securities in Mumbai?
The average salary of a Mutual Fund Advisor at SAMCO Securities in Mumbai typically ranges from ₹1.1 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Mutual Fund Advisor in Mumbai at SAMCO Securities earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Mutual Fund Advisor Salaries at SAMCO Securities 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 SAMCO Securities employees in India.
What is the estimated take home salary of a Mutual Fund Advisor at SAMCO Securities in Mumbai?
The estimated take-home salary of a Mutual Fund Advisor at SAMCO Securities in Mumbai typically ranges from ₹10,477 to ₹11,599 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from Fresher to 2 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 SAMCO Securities. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SAMCO Securities for Mutual Fund Advisor in India?
ICICI Prudential Mutual Fund ₹3.0 Lakhs to ₹6.0 Lakhs per year
HDFC Securities ₹2.5 Lakhs to ₹3.9 Lakhs per year
IIFL Finance ₹2.1 Lakhs to ₹3.4 Lakhs per year
Sharekhan ₹1.9 Lakhs to ₹3.2 Lakhs per year
CAMS ₹1.6 Lakhs to ₹2.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SAMCO Securities, depending on the role and experience level.
How the salary growth look like for a Mutual Fund Advisor at SAMCO Securities in Mumbai?
The salary growth for a Mutual Fund Advisor at SAMCO Securities in Mumbai depends on factors such as experience, performance, and promotions. On average, a Mutual Fund Advisor in Mumbai can expect the following growth trajectory at SAMCO Securities:

Experience Average Salary Range
Fresher ₹1.0 Lakhs to ₹1.3 Lakhs per year
1 year ₹1.5 Lakhs to ₹1.8 Lakhs per year
2 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
and so on.

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SAMCO Securities Mutual Fund Advisor salary in Mumbai ranges between ₹1.1 Lakh to ₹2.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 SAMCO Securities latest salaries received from various employees of SAMCO Securities.