Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 66301 - Management of mutual funds
National Industrial Classification 2008 (NIC-2008) Code 66301 is used for Management of mutual funds. National Industrial Classification 2008 seeks to provide a basis for the standardized collection, analysis and dissemination of industry (economic activity) wise economic data for India. NIC code id required to obtain Udyog Aadhar or register a Company / LLP in India.
National Industrial Classification 2008 (NIC-2008) Code Structure
All the activities are grouped into several "activity groups" or "tabulation categories" in a hierarchical manner. Activities are first grouped into ‘section’ alphabetically coded from A through U, every section is divided into ‘division’ with 2-digit numeric code, every division into ‘group’ with 3-digit numeric code, every group into ‘class’ with 4-digit numeric code and every 4-digit class into 5-digit 'sub-class'.
The structure for NIC Code 66301 is shown below.
| Level | Description |
|---|---|
| Section K | FINANCIAL AND INSURANCE ACTIVITIES |
| Division 66 | Other financial activities |
| Group 663 | Fund management activities |
| Class 6630 | Fund management activities |
| Sub-Class 66301 | Management of mutual funds |
Why is NIC Code 66301 Important?
When registering your Management of mutual funds business in India, you'll need the NIC Code 66301 for official documentation and compliance. NIC Code 66301 ensures that your business is correctly categorized under Management of mutual funds for taxation and regulatory requirements.