CAS — Consolidated Account Statement, read end-to-end

The Consolidated Account Statement (CAS) is a single document listing every mutual fund transaction across every AMC you've ever invested in (subject to KYC linkage). CAMS and KFintech — the two Registrar and Transfer Agents (RTAs) serving the Indian MF industry — generate it; the AMCs they don't service are covered by the other RTA's CAS.

How it arrives

• Monthly: auto-emailed by CAMS / KFintech for accounts with transactions that month. PDF, password-protected by your PAN.
• Half-yearly: sent by AMFI in April and October regardless of transaction activity.
• On demand: log into the CAMS or KFintech website / app and request CAS for any date range.

What it contains

A typical CAS shows, per folio per scheme:

• Folio number.
• Scheme name with plan and option.
• ISIN.
• Transaction history: date, type (purchase, redemption, SIP, switch-in, switch-out, dividend, bonus, STT), amount, units, NAV, balance units after transaction.
• Period-opening and period-closing balance.
• Total amount invested / redeemed in the period.

What it doesn't show

• Direct mutual fund holdings in demat form (those appear in your demat NSDL / CDSL statement, not CAS).
• Investments through ETFs (also in demat).
• Realised capital gains computation — you need a separate "Tax Statement" from each AMC.
• Current market value of each holding (the CAS shows units, not their current NAV value).

Reading the transaction types

Reconciliation routine

A useful monthly habit: open your CAS, scroll through each AMC's section, verify that the SIPs you registered actually ran, and that the units allotted match the expected NAV × amount. This catches AMC errors and gives you a real-time view of where your money is.

For tax filing

The CAS is your audit trail. For ITR-2 Schedule CG, you'll work from the AMC's annual capital-gains statement, but the CAS verifies the underlying transactions. Keep at least the financial year-end (April) CAS for 7 years.