Consolidated Account Statement (CAS)

How it works

Instead of juggling separate statements from each fund house, a Consolidated Account Statement pulls together every mutual fund holding tied to your PAN into one single document. It lists your folios, units held, current value, transactions, and — in the detailed versions — your gains and the impact of expenses. It is generated by the two RTAs (CAMS and KFintech) that service almost the entire industry.

A CAS may also include holdings in your demat account when generated jointly by the depositories (NSDL and CDSL), giving you an even broader view spanning shares, bonds and funds in one place.

In India

Investors receive a CAS by email periodically, and can also request one on demand from CAMS, KFintech, MF Central, or the NSDL/CDSL portals whenever they like. SEBI mandates regular CAS dispatch so investors always get a transparent, consolidated picture without having to chase each individual AMC for statements.

It becomes especially valuable at tax time — the detailed CAS version shows the realised capital gains you need to report when filing your income tax return.

Why it matters

The CAS is simply the easiest way to see your entire mutual fund portfolio in one place, track overall performance, spot dormant or forgotten folios, and reconcile your holdings against your own records. For families with investments spread across many AMCs and platforms, it eliminates the chaos of scattered, inconsistent statements.

Common mistakes

Don't overlook old folios — a CAS often surfaces long-forgotten investments, including those of deceased relatives that heirs never knew existed. Ensure all folios are linked to the correct PAN and email address, or some holdings simply won't appear on it. And use the dedicated capital-gains statement version (not just the holding view) when filing taxes, since the basic CAS doesn't always compute the gains for you.