Fi Section L Finance
NIC 2025 MoSPI source

NIC 643100 - Issuing of certificates of deposit, money market mutual funds, commercial paper and other activities of money market funds

NIC 643100 classifies issuing of certificates of deposit, money market mutual funds, commercial paper and other activities of money market funds as a final six-digit business activity under Section L and Division 64....

Level Sub-class
Depth 5/5
Children 0
Last verified 2026-04-21

Official note

Class 6431 note from source layer

This class includes activities of money market funds, i.e., collective investment schemes that raise funds by issuing shares or units to the public, of which the proceeds are invested primarily in short-term assets, i.e., assets with a remaining maturity of 1 year or less. Their units may be regarded as close substitutes for deposits. This class excludes: - activities of non-money market investment funds, see 6432