Mutual Funds

Consolidated account statements (CAS) in Mutual Funds

3 min read

Apr 18, 2025

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If you have invested in Mutual Funds, you would have received a Consolidated Account Statement (CAS) but likely ignored it. However, CAS can provide valuable insights into your investments to help you make better financial decisions.

What is a consolidated account statement (CAS)?

A consolidated account statement (CAS) combines all Mutual Funds transactions carried out during a month. It includes every transaction under your PAN (permanent account number).

CAS is generated every month. However, if no transactions are made, it is sent half-yearly.

What does a consolidated account statement show?

Financial transactions: Details of transactions like sale and purchase of Mutual Funds, dividend payments etc.
Balances: The opening and closing balances of your Mutual Fund investments.
Personal details: Your registered email address, KYC status, client code, mobile number, etc.

Benefits of consolidated account statement

Comprehensive overview: View transactions across different Mutual Funds in one place.
Easy tracking: Monitor your investments, their value, and overall portfolio composition.
Reduced paperwork: Eliminates the need for multiple statements, simplifying record-keeping.
Monitoring transactions: Helps track transactions made by brokers, ensuring transparency and accuracy.

How to download a CAS?

Go to the CAS page on the official website of CAMS.
Select a statement type: summarised (only balances and valuation) or detailed (with transaction details).
Enter the date of the statement and whether you have zero-balance folios, without zero-balance folios or transacted folios and folios with balances.
Enter your email ID and create a password to protect your CAS.
Click on 'submit' to get your CAS delivered to your email.

Computing CAS

All your transactions—like money invested, withdrawals, and dividends—are collected to prepare CAS. Then, the current value of your investments is calculated using the latest prices. A special formula called XIRR (extended internal rate of return) is used to understand how well your investments are performing, which gives the annual return considering different investment dates.

Conclusion

A consolidated account statement (CAS) is designed to provide an overview of your Mutual Fund-related transactions during the month. You must learn the basic financial jargon to understand this important statement. It will help you keep track of your investments in securities.

Also Read: Does NAV matter in Mutual Funds?

FAQs

Who issues Mutual Fund CAS?

Mutual Fund consolidated account statements are issued by CAMS, KFintech, or other Registrar and Transfer Agents (RTAs) on behalf of the fund houses. They provide a unified view of all Mutual Fund holdings linked to a PAN.

What is the difference between a statement and a consolidated statement?

A regular statement shows transactions and holdings for a specific Mutual Fund, while a consolidated statement includes all Mutual Fund investments linked to a PAN.

When do you get Mutual Fund CAS?

CAS is sent monthly if there is a financial transaction in any Mutual Fund during the month; otherwise, a half-yearly statement is issued.

Disclaimer: This article is for information purpose only. The views expressed in this article are personal and do not necessarily constitute the views of Axis Bank Ltd. and its employees. Axis Bank Ltd. and/or the author shall not be responsible for any direct / indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Please consult your financial advisor before making any financial decision.
Mutual Fund investments are subject to market risk, read all scheme related documents carefully. Axis Bank Ltd is acting as an AMFI registered MF Distributor (ARN code: ARN-0019). Purchase of Mutual Funds by Axis Bank’s customer is purely voluntary and not linked to availment of any other facility from the Bank. T&C apply.