A Consolidated Account Statement (CAS) is a statement that provides a comprehensive view of an investor’s holdings across all mutual fund schemes and intermediaries. It is a statement that consolidates all the mutual fund transactions of an investor, including purchases, redemptions, and switches, across various mutual fund houses in a single document.
CAS is issued by the mutual fund registrar and transfer agent (RTA), which is responsible for maintaining the investor’s records and keeping track of their investments. The RTA compiles the data from various mutual fund houses and intermediaries and prepares the CAS for the investor.
The CAS contains details of the investor’s investments, including the scheme name, the number of units held, the NAV, the investment value, and the current value. It also provides information on the transactions carried out during a specified period, including purchases, redemptions, and switches.