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NIC 2025 MoSPI source

NIC Class 6433 - Activities of trust, estate and agency accounts

NIC Class 6433 covers Activities of trust, estate and agency accounts. This is the main comparison layer for deciding which specific six-digit Sub-class best fits the real activity described in Udyam, MCA or MSME...

Level Class
Depth 4/5
Children 5
Last verified 2026-04-21

Official note

Class note from the source layer

This class includes legal entities, not acting as collective investment schemes, organised to pool securities, estates and other financial assets, without managing, on behalf of shareholders or beneficiaries. The portfolios are customised to achieve specific investment characteristics, e.g. diversification, risk, rate of return and price volatility. These entities earn interest, dividends and other property income, but have little or no employment and no revenue from the sale of services. This class excludes: - raising funds by issuing shares or units and acting as collective investment schemes, see 6431 and 6432 - carrying out securitisation transactions by issuing of financial instrument, see 6494 - trust, estate and agency accounts, that earn revenue from the sale of goods or services, see ISIC class according to their principal activity

Hierarchy tree

Sub-class 643301
Trusts (other than family Trusts), estates or agency accounts, administered on behalf of the beneficiaries under the terms of a trust agreement, will or agency agreement
 Sub-class 643302
Activities of companies holding financial assets for individuals and families (family trusts), home office
 Sub-class 643303
Activities of shareholding companies, not owning controlling levels of equity
 Sub-class 643304
Venture companies where the only financing is by shares and no fee is received
 Sub-class 643399
Activities of other trust, estate and agency accounts n.e.c.