By Admin 
Consolidated Account Statement: Indian investment market has witnessed tremendous growth in the last few years. Today, Indian investors are placing their bets on the stock market along with traditional investment options. Today, more than 20 crore demat accounts and about 25 crore mutual fund accounts are active across the country.
Digital platforms and new brokerage houses have provided many easy ways for people to invest. But it has now become difficult for many investors to track the investments made at different places and get information about them. In such a situation, Consolidated Account Statement (CAS) has emerged as one such option. Using which you can see all the information related to your investment at one place. This is providing a lot of convenience to investors.
What is Consolidated Account Statement (CAS)?
Under the Consolidated Account Statement, investors are shown all the information related to their demat and mutual fund investments at one place. It provides information about the investments made by the investor based on his PAN number.
Consolidated account statement was introduced in March 2015. With its help, investors can get information about their investment performance, financial transactions and other investment related information.
Who issues consolidated account statement?
Consolidated account statements are sent to investors by their default depository. It depends on which platform the investor opened his first demat account. Investors can also change it by informing the depository participant.
Whereas for those who have invested only in mutual funds, the consolidated account statement is issued by the registrar and transfer agent of the mutual fund.
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