NIC code

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CMA R Madhanavalli

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Nov 25, 2023, 8:50:33 AM11/25/23
to Gyan Gurukul - CS Divesh Goyal
Please any one share NIC code for 
1.Mutual fund distribution
2. DSA for bank/NBFC

Thanks and Regards 
R Madhanavalli

Vinod Kumar Agarwal

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Nov 25, 2023, 9:08:52 PM11/25/23
to gyan-gurukul-cs-d...@googlegroups.com, Gyan Gurukul - CS Divesh Goyal
66190 Activities auxiliary to financial service activities n.e.c.

V K Agarwal
98 101 94149

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Vinod Kumar Agarwal

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Nov 25, 2023, 9:10:17 PM11/25/23
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Division 66 : Other financial activities
661 Activities auxiliary to financial service activities, except insurance and
pension funding
6611 Administration of financial markets
This class includes the operation and supervision of financial markets other
than by public authorities, such as commodity contracts exchanges, futures
commodity contracts exchanges, securities exchanges, stock exchanges,
stock or commodity options exchanges
66110 Administration of financial markets
6612 Security and commodity contracts brokerage
This class includes dealing in financial markets on behalf of others (e.g. stock
broking) and related activities, securities brokerage, commodity contracts
brokerage, activities of bureaux de change etc.
This class excludes:
- dealing in markets on own account, see 6499
66120 Security and commodity contracts brokerage
6619 Activities auxiliary to financial service activities n.e.c.
This class includes activities of investment advisors, mortgage advisors and
brokers, financial transaction processing and settlement activities, trustee,
fiduciary and custody services on a fee or contract basis

66190 Activities auxiliary to financial service activities n.e.c.

CMA R Madhanavalli

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Nov 26, 2023, 2:11:09 PM11/26/23
to Gyan Gurukul - CS Divesh Goyal

Ok sir. Thanks

Is  the same code applicable for both mutual fund distribution and DSA for bank/nbfc?

If the company name is chosen with the words financial/investment services,
MCA sent resubmission remark the words like  advisory, consultancy, broker to be included in the company's name for the object auxiliary to financial intermediaries

But as per AMFI guidelines,  the words like advisory, consultancy etc are not admissible for mutual fund distributor.

Main objects of the company are only
Mutual fund distribution
DSA for bank, nbfc

Any suggestion please let me know

Thanks and regards
 R Madhanavalli 

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