What is Consolidated Account Statement?
- 9th September 2025
- 10:00:00 AM
- 6 min read
As of 2025, in India, about 5.53 crore people have invested in mutual funds. This highlights an increasing investor interest towards such an investment option. If you are one of the mutual fund investors and are looking for a convenient way to track your investments, a consolidated account statement is the right solution for you.
A Brief Overview of the Consolidated Account Statement (CAS)
When you invest in a mutual fund, the Association of Mutual Funds in India (AMFI) provides you with a platform to generate a Consolidated Account Statement (CAS).
It helps streamline your mutual fund investment process as CAS provides you with a consolidated view of all your mutual fund investments across fund houses.
Suppose you have invested in 3 separate mutual funds, and instead of checking three separate return statements, one report can show INR 5 lakh invested growing to INR 6.2 lakh over your investment horizon.
Steps to Get a Consolidated Account Statement
Now that you know the consolidated account statement meaning, you must know how to generate one to track your fund holdings. Follow this 5-step guide and generate a CAS online:
Step 1: Visit the official CAS portal through the websites of registrars like CAMS or Karvy.
Step 2: To log in to your account, provide your mobile number, PAN and email ID.
Step 3: The portal might ask you to verify your account through an OTP or other authentication methods.
Step 4: After verifying your login, you can generate your consolidated account statement for all your mutual funds.
How AMCs Calculate Consolidated Account Statements?
To prepare a CAS for your mutual fund investments, entities like the Asset Management Companies, registrars, and transfer agents get involved.
The AMCs, aggregates, and furnish investor details and investment details like transaction-related data, month-wise holding, etc., every month from their schemes to the RTAs.
The RTAs then comprehend this CAS-ready information from multiple AMCs and prepare a standardised CAS format for investors like you.
Specific Contents of a Consolidated Account Statement
You can avail a e-CAS by the 12th day of a month as per the SEBI guidelines with the following details:
- Your basic details along with your contact information. It highlights in detail the names of the mutual fund schemes that you are invested in.
- Units of mutual funds held under each scheme. For instance, you hold 150 units of an HDFC mutual fund and 220 units of an ICICI mutual fund. Thus, it helps you understand the exact allocation of your investment across schemes in one place.
- The contents of the consolidated account statement also include Net Asset Values and the market value of every fund you hold.
- A CAS also includes the nominee details that you added while investing in the fund. This also shows the mutual fund investment modes that you chose, such as SIP or lump sum, for all your funds.
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Benefits and Drawbacks of Consolidated Account Statement
After what is the consolidated account statement and its contents, here are some specific advantages and disadvantages of it that you must know:
Advantages of CAS for Mutual Fund Investors
A consolidated account statement helps you locate discrepancies, comply with tax norms:
- CAS helps you identify any discrepancies in mutual fund transactions that might not be done by you. Suppose you have invested a total of INR 50,000 in Mutual Funds, but the statement shows ₹60,000. This signals an error or unauthorised activity that you must report.
- An STCG tax of 20% applies to investments less than 1 year, and a 12.5% LTCG applies if the total gain exceeds INR 1.25 lakh and funds are sold beyond the STCG threshold. A CAS shows capital gain details so that you can comply with the income tax norms.
Disadvantages of CAS for Mutual Fund Investors
Occasional errors and the fixed period of CAS generation are the two main disadvantages:
- Although AMCs always aim to provide accurate information in a CAS, occasional discrepancies or errors might happen. This leads to unnecessary hassle for investors.
- You can only generate a CAS for a period of a maximum of 6 months, and this becomes a limitation if you need to track your fund investment beyond the period.
Conclusion
A consolidated account statement is a document that you can use to keep track of your investment in a mutual fund. You can generate it by visiting the websites of Karvy or CAMS. It holds the information about how many fund units you have invested in, their current NAV and other crucial details.
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Frequently Asked Questions
1. How do I get my CAS statement online?
Log in to the CAS portal through the websites of CAMS or Karvy using your credentials. Download the statement and save it on your device from there.
2. How frequently is a Consolidated Account Statement (CAS) issued?
CAS is generated every month if there are transactions across your fund folios. You get an e-CAS by the 12th of every month or a physical copy by the 15th. However, depositories also dispatch the CAS on a half-early basis.
3. What happens if there are discrepancies in my Consolidated Account Statement (CAS)?
In case there are any issues or discrepancies in your CAS, contact your respective AMC of that fund to investigate and fix the problem.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
