INVESTMENT MANAGER / SALARY
MUMBAI

SALARY SURVEYS

12

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

83.19 INR = 1 USD

3,162,558 INR

$38,017 USD

Bangalore

4,242,837 INR

998,256 INR

$12,000 USD

Including "Bangalore"

Excluding "Bangalore"

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Average Salary / Investment Manager / Mumbai

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Average salary for Investment Manager / Mumbai is 3,162,558 INR per year. The most typical earning is 998,256 INR. All data are based on 12 salary surveys. Salaries are different between men and women. Men receive an average salary of 3,269,288 INR. Women receive a salary of 6,447,070 INR.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 11,638,001 INR. The second most paid education level is Masters Degree with salary of 2,537,234 INR.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 11,638,001 INR. Employees with 8-12 Years of experience receive 3,252,650 INR.

Levels / Investment Manager / Mumbai (Gross INR)

Salary Levels (INR) per Year	Surveys	[%]
83,200 INR - 166,299 INR	0	n/a
166,400 INR - 249,499 INR	0	n/a
249,600 INR - 415,899 INR	0	n/a
415,900 INR - 831,799 INR	1	100% 8.33%
THE MOST TYPICAL SALARY
831,900 INR - 1,247,699 INR	3	91.67% 25%
1,247,800 INR - 1,663,699 INR	0	n/a
1,663,800 INR - 2,079,599 INR	1	66.67% 8.33%
2,079,700 INR - 2,495,599 INR	1	58.33% 8.33%
2,495,600 INR - 2,911,499 INR	1	50% 8.33%
2,911,600 INR - 3,327,399 INR	2	41.67% 16.67%
3,327,500 INR - 3,743,399 INR	1	25% 8.33%
3,743,500 INR - 4,159,299 INR	0	n/a
4,159,400 INR - 4,575,299 INR	0	n/a
4,575,300 INR - 4,991,199 INR	0	n/a
4,991,300 INR - 5,407,099 INR	0	n/a
5,407,200 INR - 5,823,099 INR	0	n/a
5,823,200 INR - 6,238,999 INR	0	n/a
6,239,100 INR - 6,654,999 INR	1	16.67% 8.33%
6,655,000 INR - 7,070,899 INR	0	n/a
7,071,000 INR - 7,486,799 INR	0	n/a
7,486,900 INR - 7,902,799 INR	0	n/a
7,902,900 INR - 8,318,699 INR	0	n/a
8,318,800 INR - 8,734,699 INR	0	n/a
8,734,700 INR - 9,150,599 INR	0	n/a
9,150,700 INR - 9,566,499 INR	0	n/a
9,566,600 INR - 9,982,499 INR	0	n/a
9,982,600 INR - 10,398,399 INR	0	n/a
10,398,500 INR - 10,814,399 INR	0	n/a
10,814,400 INR - 11,230,299 INR	0	n/a
11,230,400 INR - 11,646,199 INR	1	8.33% 8.33%
11,646,300 INR - 12,062,199 INR	0	n/a
12,062,300 INR - 12,478,099 INR	0	n/a
HIGH SALARIES
12,478,200 INR - 13,309,999 INR	0	n/a
13,310,100 INR - 14,141,899 INR	0	n/a
14,142,000 INR - 14,973,799 INR	0	n/a
14,973,800 INR - 15,805,599 INR	0	n/a
15,805,700 INR - 16,637,499 INR	0	n/a
16,637,600 INR - 17,469,399 INR	0	n/a
17,469,500 INR - 18,301,299 INR	0	n/a
18,301,400 INR - 19,133,199 INR	0	n/a
19,133,200 INR - 19,964,999 INR	0	n/a
19,965,100 INR - 20,796,899 INR	0	n/a
20,797,000 INR - 29,115,799 INR	0	n/a

Gender / Investment Manager / Mumbai (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Women	1	6,447,070 INR
2	Men	9	3,269,288 INR

Education / Investment Manager / Mumbai (Gross INR)

#		Surveys
1	Doctorate Degree	1	11,638,001 INR
2	Masters Degree	10	2,537,234 INR
3	Bachelors Degree	1	973,299 INR

Experience / Investment Manager / Mumbai (Gross INR)

#		Surveys
1	20+ Years	1	11,638,001 INR
2	8-12 Years	5	3,252,650 INR
3	12-16 Years	1	3,236,013 INR
4	2-4 Years	2	2,104,656 INR
5	0-1 Year	2	1,031,531 INR
6	4-8 Years	1	532,403 INR

Age / Investment Manager / Mumbai (Gross INR)

#		Surveys
1	41-45	2	7,303,906 INR
2	31-35	3	3,610,359 INR
3	36-40	1	3,236,013 INR
4	26-30	3	2,112,975 INR
5	n/a	2	1,031,531 INR
6	21-25	1	873,474 INR

Work Type / Investment Manager / Mumbai (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Self Employed	1	3,335,838 INR
2	Permanent	11	3,144,506 INR

People's individual salary examples (surveys)

Fundmanager

Posted 24 May 2020
Key knowledge and tasks

"Investment portfolio management."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Doctorate Degree	20+ Years	n/a	11,634,800 INR

Wealth Manager

Posted 14 October 2019
Key knowledge and tasks

"Financial sales."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	2-4 Years	n/a	872,000 INR

Relationship Manager

Posted 09 April 2019
Key knowledge and tasks

"Managing hni portfolios."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	8-12 Years	n/a	2,557,800 INR

Business Head

Posted 15 December 2018
Key knowledge and tasks

"Business head Commodity Business."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	12-16 Years	n/a	3,239,400 INR

Senior Manager

Posted 03 July 2018
Key knowledge and tasks

"Independent consultant offering portfolio and investment advisory services to HNI clients
? Comprehensive portfolio advisory and asset allocation; preparing detailed reports for clients
? Mean-Variance Optimization using MCS-based tools; simulating Markowitz efficient frontier
? Portfolio Buy/Sell/Hold recommendations based on relative valuations and asset allocation
? Financial Modelling of equity and fixed income securities using DCF and Relative Valuations
? Sensitivity analysis of stock price to fundamental variables (using Excel and Python)
? Used sophisticated forecasting techniques to predict equilibrium price of Gold (in Python)."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	8-12 Years	n/a	2,980,300 INR

Senior Analyst

Posted 19 June 2018
Key knowledge and tasks

"Asset management company."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	8-12 Years	n/a	2,461,900 INR

INVESTMENT MANAGER / SALARY MUMBAI

12