UNIVERSITY OF MUMBAI

PROJECT REPORT ON

MONEY MARKET
BACHELOR OF COMMERCE
FINANCIAL MARKET
SEMESTER V
YEAR 2012 2013

SUBMITTED BY

RICHA SHUKLA
ROLL NO.14
PROJECT GUDIE

PROF PRAVIN AKOLKAR

SHRI CHINAI COLLEGE OF COMMERCE AND
ECONOMICS
ANDHERI (EAST)
MUMBAI-400069

Certificate

I, 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

Declaration
I, 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 20122013. The information submitted is true and original to the best
of my knowledge.

Date:

Signature of the Student

ACKNOWLEDGEMENT
With 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.

Topics

1.

Money Market funds & its types

1.1.
1.2.
1.3.
1.4.
1.5.

Page No.
1-21

Introduction
Money market funds
Participants in money market
Money Market elements
Different types of money market

2-3
4-5
5-10
11-12
13-21

2.
2.1.
2.2.
2.3.

Importance of money market

Products & Services of money market
Preambles of money market
Importance of money market

22-26
23-24
25
25-26

3.
3.1.
3.2.
3.3.
3.4.
3.5.
3.6.

Overview of money market

The problems of money market
Origins & Descriptions
History
Non-monetary exchange
Criticism
The Emergence of money

27-34
28
28-29
30
30-31
31
31-34

4.
4.1.
4.2.
4.3.

Analysis & concepts of money market

Data collection & analysis
Identification
Misconceptions of money market

35-38
36-37
37
38

5.
5.1.

Recommendation & Suggestions

Conclusions

39-42
39-42

6.

Appendix

43

7.

Reference

44

8.

Annexure (Case study)

45-46