How Consolidated Account Statement (CAS) works
Depending on the statement source and activity, it can include mutual funds held across AMCs and demat securities. It is a record of holdings and transactions, not a recommendation or proof that the portfolio is suitable.
An example
A family with funds across four AMCs may use a CAS to see the folios together instead of collecting four separate statements.
Why it matters for your family
A consolidated statement makes overlap, allocation and ownership easier to review. Protect it like a financial document because it contains sensitive account information.
Questions people ask
- What does Consolidated Account Statement (CAS) mean?
- A Consolidated Account Statement combines eligible securities and mutual-fund holdings linked to an investor's PAN into one periodic statement.
- Why does Consolidated Account Statement (CAS) matter for a family?
- A consolidated statement makes overlap, allocation and ownership easier to review. Protect it like a financial document because it contains sensitive account information.
- Where can I verify information about Consolidated Account Statement (CAS)?
- Start with SEBI Investor, linked on this page, and the current official document for the product or tax year involved.