Key Facts
643100 at a Glance
Code 643100
Official title Issuing of certificates of deposit, money market mutual funds, commercial paper and other activities of money market funds
Version NIC 2025
Source authority MoSPI
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....
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