It is very important to review your mutual fund portfolio to ensure that your investment is on right track. Therefore, you should use CAS to review your MF portfolio regularly. In this post, I will discuss CAS Mutual Fund Statement: How to get CAS Statement?
Table of Contents
Consolidated Account Statement
A consolidated account statement is a comprehensive statement of your investments across mutual funds, bonds, and direct equity. It gives you all the details of your MF investments and their values in an orderly manner.
It is a useful document as it carries every piece of information regarding MF investments made by you in a given period. The consolidated account statement is issued by either NSDL (NSDL CAS) or CSDL.
Benefits of CAS Mutual Fund Statement
In simple words, it is similar to a bank account statement. It keeps track of all your monthly transactions across mutual funds, bonds, and direct equities. It is generated every month and is mailed to the investors by the 10th day of the following month.
The following are some benefits of the CAS statement.
1. Helps in fund’s performance evaluation
2. Reduces extra paperwork
3. Helps in understanding the tax liability
4. Helps in tracking redemptions and dividends
Download eCAS Mutual Fund Statement
In a joint initiative, CAMS, KFintech, FTAMIL have enabled the Mutual Funds investors to get a consolidated view of their MF holdings through an e-CAS statement. It will be sent to you via a mail-back service.
The CAS provides a comprehensive view of the investor’s investment across funds serviced by all the RTAs.
You can avail this facility to get an e-CAS statement in your registered email address if you have registered your email address with mutual funds serviced by CAMS, Karvy, FTAMIL, and SBFS.
The following are the RTAs for accessing the e-CAS web service.
1. CAMS
2. KFintech
3. Franklin Templeton
4. Sundaram
How to get CAS Statement online?
Follow the following steps to generate a consolidated account statement online.
1. Visit the CAMS official website camsonline.com.
2. Click on the “Services for Investors” on the left side top corner under the CAMS logo.
3. Next click on the “Statements” on the left menu bar.
4. Now click on the “CAS – CAMS+KFinteck+FTAMIL” option in the statements section.
5. Here, enter your email ID and PAN (Permanent Account Number).
6. Next enter a password of your choice. Re-enter the password to confirm your password.
7. Now you will see a success message on the screen.
8. You will get a password-protected CAS in PDF format via email.
9. You need to enter the password to open it.
10. The facility is paperless and free of cost for all.
Final Thoughts
A consolidated account statement is a comprehensive statement. Here you can assess the performance of all your mutual fund investments. Therefore, for a quick look at your portfolio use your CAS statement. So get your e-CAS Mutual Fund Statement online free of cost.
Also Read: How to Exit and Redeem Mutual Funds?
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