SEBI has mandated all Depositories to issue Monthly Consolidated Account Statement (CAS) based on PAN of unit holders detailing all the financial transactions during the month and unit holding at the end of the month across all schemes of all mutual funds. For the purpose of issuance of CAS, the folios that have a) financial transactions in a month and, b) identical unit holders, identified based on valid PAN are considered and consolidated.
Further, Depositories are also required to send a CAS every half year (September/March) detailing security and unit holding at the end of six months, across all schemes of all mutual funds, to all such investors in whose folios no transaction has taken place during those six months.
For your benefit and to promote green initiatives, it is proposed to start sending CAS via email to investors (eCAS). eCAS, consisting of transactions/unit holdings across all folios maintained with different mutual funds, will be sent via email to registered email id of the investor and hence it is imperative that you maintain a single (registered email id) across all your folios maintained with different mutual funds.
If you have registered different email ids in different folios, it is possible that every month eCAS may be emailed to a different email id, depending upon the folio in which you transact during the month or the email id available in your KYC records maintained with NDML’s KYC Registration Agency (KRA) system. eCAS will be sent to the valid email id registered in your Demat acount with NSDL. If the same is not available, eCAS will be sent to the email id registered at NSDL database system where you have transacted during the month.
Investors can now request to NSDL for a single Consolidated Account Statement across their entire holdings in Demat account with NSDL & Mutual Funds. If you have registered an email address in your folios across Funds, you can use this facility to obtain a consolidated PDF Account Statement at your registered email address.
Now send an email at email@example.com (with subject : Request for CAS) to get CAS for getting single view on different holdings held by you.