How much do mutual fund managers earn in India?
How much do mutual fund managers earn in India?
Fund Manager salary in India ranges between ₹ 2.6 Lakhs to ₹ 93.8 Lakhs with an average annual salary of ₹ 17.8 Lakhs.
What does it take to become a mutual fund manager?
Typically, mutual fund managers will obtain a master’s degree in finance, business administration, economics or a related field. If they run a fund specializing in a certain field, such as utilities, energy or technology, they may hold an advanced degree in that field.
Who can be a mutual fund manager?
A fund manager is responsible for implementing a fund’s investing strategy and managing its portfolio trading activities. The fund can be managed by one person, by two people as co-managers, or by a team of three or more people.
How much money do mutual fund managers make?
A survey conducted by Russell Reynolds Associates revealed that fund managers at banks make an average of $140,000, while mutual fund managers at insurance companies make $175,000. Fund managers at brokerage firms make $222,000, and mutual fund companies’ mutual fund managers make an average of $436,500.
Who is the best fund manager in India?
Best Large Cap Fund Managers: Shridatta Bhandwaldar, Head of Equities, Canara Robeco Mutual Fund. Neelesh Surana, CIO, Mirae Asset Mutual Fund. Gaurav Misra, Senior Fund Manager, Mirae Asset Mutual Fund. Swati Kulkarni, EVP & Fund Manager – Equity, UTI Mutual Fund.
How can I become a portfolio manager in India?
In order to become a portfolio manager in India, it has become essential that a candidate have at least the following level of education.
- An undergraduate degree in the field of Finance, Commerce, Economics etc.
- Look for courses such as BBA, BBM, BBS, BMS etc.
- Chartered Accountant (CA)
- Chartered Financial Analyst (CFA)
Who is the best mutual fund manager in India?
Shreyash Devalkar, Senior Fund Manager – Equity, Axis Mutual Fund….Best Multi-Cap Fund Managers:
- Rajeev Thakkar, CIO, PPFAS Mutual Fund.
- Neelesh Surana, CIO, Mirae Asset Mutual Fund.
- Ajay Tyagi, Head of Equities, UTI Mutual Fund.
- Vinay Paharia, CIO, Union Mutual Fund.
- Srinivasan, CIO – Equity, SBI Mutual Fund.
How are fund managers paid?
As a fund manager, you generally receive a salary plus a bonus based off of the success of your fund. As a hedge fund manager, your firm may make as much as 20\% of the returns of the investment, and depending on your seniority and your employer, you receive a portion of that on top of your annual salary.