What is a Consolidated Account Statement (CAS)?
Key facts
- A CAS consolidates your mutual fund holdings across all fund houses, linked by PAN.
- It is issued monthly where there was a transaction, and otherwise half-yearly.
- You can request a CAS on demand from the registrars, CAMS and KFintech.
- If you hold units in demat form, the depositories (NSDL or CDSL) issue a CAS that also includes them.
One statement for everything
A Consolidated Account Statement, or CAS, does what its name says: it brings all your mutual fund holdings, across every fund house, into a single statement linked by your PAN. Instead of logging into each fund house, you see your folios, transactions and current values in one place.
How you get it
A CAS is emailed to you periodically. In practice you receive one monthly for any month you transacted, and a half-yearly summary otherwise. You can also request one on demand from the registrars, CAMS and KFintech, at any time.
If you hold any units in demat form, the depositories, NSDL or CDSL, issue a CAS that includes those alongside your other holdings.
Why it is worth keeping
The CAS is your single source of truth. At tax time it gives you the transactions, holding periods and values needed to compute capital gains and to reconcile against your AIS. Keeping each CAS, and checking it against your own records, turns filing from a scramble into a quick reconciliation. If your CAS and your records disagree, talk to us and we will help you trace it.
Frequently asked questions
How often do I get a CAS?
A CAS is generally sent by email monthly for any month in which you had a transaction, and half-yearly otherwise as a summary. You can also request one on demand from the registrars whenever you need it.
Does a CAS cover all my fund houses?
Yes. That is its purpose. Linked by your PAN, a CAS brings together your holdings across every fund house into one statement, so you do not have to collect statements one fund house at a time.
Why do I need my CAS at tax time?
The CAS lists your transactions, holding periods and values, which are exactly what you need to compute capital gains and reconcile against your AIS. Keeping it makes filing and any query far easier to handle.
This is general information, not a recommendation for your situation. If it would help to talk it through, we are happy to. Talk to Nico Wealth.
The information on this website is general and educational. It is not financial, tax, or legal advice, and not a recommendation for your situation. We try to keep it accurate and up to date, but it may contain errors or become outdated. Please verify important details from official sources, and consider your own circumstances, before acting.
Sources
- AMFI (investor resources) and registrar processes (CAMS, KFintech)
- SEBI investor guidance and the depositories (NSDL, CDSL)
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