Consolidated account statement or CAS is a single combined statement that shows all the mutual fund investments done by an investor in a month. CAS is an important document for an investor as it provides a snapshot of all ongoing investments and has the details regarding the total number of units and the systematic investment plans (SIPs), among other things. While each fund house sends a statement to the investor, it would include details of investments made only through that particular AMC. Does CAS include all MF investments? Based on PAN, a CAS is able to include details of all the investments.
Source: The Hindu September 29, 2019 16:41 UTC