The Indian investment market has grown rapidly in recent years. More people are now investing in the stock market along with traditional options like fixed deposits or gold.
Currently, there are over 200 million demat accounts and around 250 million mutual fund accounts active across the country.
The rise of digital platforms and new brokerage firms has made investing much easier for everyone.
However, with multiple accounts and platforms, many investors find it difficult to track and monitor all their investments in one place.
To solve this problem, the Consolidated Account Statement (CAS) was introduced — a simple way to view all investment details together for better convenience.
What is a Consolidated Account Statement (CAS)?
A Consolidated Account Statement is a document that provides complete information about an investor’s demat and mutual fund investments in one place.
It combines all investment details using the investor’s PAN number, making it easier to track performance, transactions, and overall portfolio.
The CAS system was launched in March 2015 to help investors easily monitor all their financial activities and investment growth in a single statement.
Who Issues the Consolidated Account Statement?
The default depository issues the CAS based on where the investor first opened their demat account.
If the investor wishes, they can change this by informing their depository participant.
For investors who have only mutual fund investments, the CAS is issued by the registrar and transfer agent (RTA) of the mutual fund.
