Fund Accountant
Also known as: Fund Accounting Associate · NAV Analyst · Fund Administration Associate
Calculates the daily or periodic net asset value (NAV) of mutual funds and investment funds.
What you’d do
Fund accountants keep the books of mutual funds, hedge funds and other investment funds, and calculate their net asset value (NAV). In India much of this work is done at fund administrators, custodian banks and global firms' service centres, often for overseas funds. A typical day involves booking transactions, reconciling positions and checking NAV before a deadline.
- Record trades, income and expenses for funds
- Calculate and check NAV
- Reconcile cash and holdings with custodians
- Prepare reports for fund managers
How you get in
Large service centres hire B.Com graduates through campus drives and walk-ins, with aptitude, accounting and communication tests. Knowledge of accounting basics, financial instruments and Excel helps; some employers train new hires from scratch.
Salary in India
Fresher salary over the years
middle of the 0–1 yr range, ₹ lakh a year
Fewer than two years of fresher data so far — the trend shows once there are two.
Skills you’ll use
From our guide · a curated list is coming
- Accounting and journal entries
- Reconciliations
- Understanding of equities, bonds and funds
- Excel
About this field · for freshers
Job openings by year
Is demand growing?
Not added yet.
Competition4
How many graduates enter each year?
B.Com graduates in 2023-24 at institutions that reported to AISHE — everyone finishing that degree, not only those entering this role.
Who hires
IT firms, banks, government, startups?
Not added yet.
Where the jobs are
Which cities?
Not added yet.
Women in the field4
Is it diverse?
Share of women among B.Com graduates in 2023-24 — the entry degree, not people already working in this role.
At a glance
- Many roles follow US or European hours, so night or late shifts are common.
- Common next steps: senior fund accountant, NAV reviewer, or fund operations team lead.
- CFA or similar study can help move into investment-side roles later.
Stay safe
No legitimate employer ever asks you to pay to get a job.