Consolidated Account Statement
A single statement showing an investor's holdings across all mutual funds and demat accounts, linked by PAN.
How it is identified
Test: holdings across all fund houses and depositories are aggregated under one permanent account number
Unit
qualitative
In depth
The CAS is issued by the registrars and by the depositories and is the only document that shows an investor's whole portfolio in one place, including schemes they may have forgotten. It is the practical starting point for any portfolio review and for locating dormant folios, which are common after address or bank changes. It also reports transactions and, in the annual version, the total expense ratio charged in rupee terms — a disclosure introduced so investors could see the cost as an amount rather than a percentage. Reconciling it once a year catches errors, unclaimed dividends and duplicate folios.
Worked example
An annual CAS shows ₹18,400 of expenses charged across a ₹12,00,000 portfolio — an all-in 1.53%. The same information as a percentage in each scheme document had never prompted a second thought.
Illustrative figures, chosen so the arithmetic is easy to follow. Not a live price and not a valuation of any company.
Educational reference only
This entry explains what “Consolidated Account Statement” means. It is not investment advice and not a recommendation to buy or sell any security. Any numbers above are illustrative, not live prices, and nothing here predicts price direction or rates a stock. Consider your own circumstances and consult a SEBI-registered investment adviser before acting.