Professional Documents
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Composition
Functions
Saving Function
Liquidity Function
Payment Function
Risk Function
Policy Function
Defined as the market in which financial assets
are created or transferred.
Money market
(Short term instrument)
Capital markets
(Long term instrument)
Flexible Maturity
Transferable in nature
MMMF
Open Ended
Close Ended
Provided resources needed by medium and
large scale industries.
One time activity by the company. Helps in mobilising the funds for the
investors in the short run.