CAS or Consolidated account statement is a comprehensive statement of account of an individual's investments across equity, mutual funds and debt securities. The statement is issued by a depository which can be either NSDL or CSDL.
Why CAS Is Important and What All Information It Carries?
In a more simple way CAS is similar to a bank account statement that keeps note of all the transactions carried out by the investor across bonds, equities and mutual funds on a month on month basis. And from here one can know one's outstanding investments.
How To Get Your mutual fund CAS?
For standalone mutual fund investors, Karvy, CAMS, Sundaram BNP Paribas and Franklin Templeton in a joint initiative have started off with the Anytime E-CAS facility. And this feature available via a mail-back service enables investors to have a consolidated view of their holdings in mutual funds.
And for receiving this CAS mutual fund statement in their mail in the PDF format, investor needs to register their e- mail address with mutual fund houses that are being catered to by CAMS, Karvy, Franklin Templeton and Sundaram BNP Paribas.
Furthermore, for availing the e-CAS service from the 4 Registrar and Transfer Agents or RTAs, the URL is given for investor convenience.
Notably herein the mutual fund investor also gets hand on information on mutual funds held in statement of account format besides in demat account.