UNIVERSITY OF MUMBAI
PROJECT REPORT ONMONEY MARKETBACHELOR OF COMMERCEFINANCIAL
MARKETSEMESTER VYEAR 2012 2013
SUBMITTED BY
RICHA SHUKLAROLL NO.14PROJECT GUDIEPROF PRAVIN AKOLKARSHRI
CHINAI COLLEGE OF COMMERCE ANDECONOMICSANDHERI
(EAST)MUMBAI-400069CertificateI, Prof. Pravin Akolkar hereby
certify that Richa Shukla of Shri Chinai College of Commerce &
Economics, of TYBFM has completed her project on Money Market
during the academic year 2012- 2013. The information submitted is
true and original to the best of my knowledge.
Signature of Course Coordinator Signature of the Principal
Signature of Internal Examiner
Signature of External Examiner
DeclarationI, Richa Shukla of Shri Chinai College of Commerce
& Economics, of TYBFM hereby declare that I have completed this
project on Money Market during the academic year 2012- 2013. The
information submitted is true and original to the best of my
knowledge.
Date: Signature of the Student ACKNOWLEDGEMENTWith immense
please I am presenting Money Market project report as a part of the
curriculum of Bachelors of Commerce in Financial Marketing. Special
thanks to University of Mumbai for organizing the course of
financial market.To list who all have helped me is difficult
because they are numerous and the depth is so enormous in the
completion of this project.So, first of all I would like to thank
our college Shri Chinai College of Commerce & Economics &
Principal of the college. I would like to thank our co-coordinator
& my project guide Prof. Pravin Akolkar for being very
supportive and help me to complete this project & also I would
like to thank my college Library for providing various reference
books related to my project. I would also like to thank librarian
& the entire library staffs for helping me in finding the books
related to my project.I would also like to acknowledge the
different websites which helped me immensely in completing the
project.I am ending this acknowledges to all my friends and parents
who have helped me directly or indirectly in completion of my
project.
Executive Summary The money market is a monetary system that
involves the lending & borrowing of short term funds. India
money has seen exponential growth just after the globalization
initiative in 1992. It has been observed that financial institution
do employ money market instruments for financing short term
monetary requirements of various sectors such as agriculture,
finance & manufacturing. The performance of the India money
market has been outstanding in the past 20years.The project is
based on money market. Money market is fixed income securities . It
is basically concerned with the lending & borrowing of short
terms funds. Money investment is the dedication of resources or
assets to creating financial benefits in the form of income or
profits n futures. As the name implies, it does not actually deal
in cash or money.Transaction has to be conducted without the help
of brokers. Trading in the money market involves Treasury bills,
commercial papers, bankers acceptance certificates of deposit,
fedreal funds, & short-lived mortgage- & asset- back
securities. It provides liquidity funding for the global financial
system. It is not a single homogenous market. The easiest way for
individual to access to the money market is through amoney market
mutual fund. The active part of the moneymarket is the market for
overninght call & term & conditions btween banks &
institutions & repo transactions. INDEX
Chapter No.TopicsPage No.
1.Money Market funds & its types1-21
1.1.Introduction2-3
1.2.Money market funds4-5
1.3.Participants in money market5-10
1.4.Money Market elements11-12
1.5.Different types of money market 13-21
2. Importance of money market22-26
2.1.Products & Services of money market23-24
2.2. Preambles of money market 25
2.3.Importance of money market 25-26
3. Overview of money market 27-34
3.1.The problems of money market 28
3.2.Origins & Descriptions28-29
3.3.History30
3.4.Non-monetary exchange 30-31
3.5.Criticism31
3.6.The Emergence of money31-34
4. Analysis & concepts of money market 35-38
4.1.Data collection & analysis 36-37
4.2.Identification37
4.3.Misconceptions of money market 38
5. Recommendation & Suggestions 39-42
5.1. Conclusions39-42
6. Appendix 43
7. Reference44
8. Annexure (Case study)45-46
