21 Years old. M&A Investment Banking Front End in a boutique Investment Bank. 6L CTC, 46K in hand. Bonus of 3L subjective, not counting it.   Is the compensation fair?

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21 Years old. M&A Investment Banking Front End in a boutique Investment Bank. 6L CTC, 46K in hand. Bonus of 3L subjective, not counting it. 

Is the compensation fair?

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Posting it again! Please respond - 

21 Years old. M&A Investment Banking Front End in a boutique Investment Bank. 6L CTC, 46K in hand. Bonus of 3L subjective, not counting it. 

Is the compensation fair?

Just wanted to check if my compensation is as per industry standards. I have 2.5 years of exp as a ML Engineer (focused on deep learning and computer vision). Graduated from tier 3 college in 2020 but have pretty good skill sets for the domain.
Joined a Series C funded startup last year in July for BP of 14.5LPA along with JB of 1L and ESOPs worth ~7L.
Just got an appraisal of 10% now and now my base is ~16L.

I feel I should have got more appraisal considering my compensation is low for my experience and I should be having somewhere around 18-20L.
Am I thinking correct or is it me being greedy?

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I need help understanding if 31 LPA fixed + (2.5 lpa variable extra) is a right as per standards both ways either underpaid or overpaid.

I am more comfortable in an MNC and wanted to get more insights before making a switch.

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1. Real estate (invested value)
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City - Bangalore 
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Education- BTech ( tier 2 private college)
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this offer is strictly "off-campus" (i come from a tier-3 college) and is a result of me switching careers.

am i high-balled? low-balled? 

note: i used to make 30-40LPA as a freelance writer in college before this.

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