Most of us didn’t plan it this way. One SIP started on Groww in 2019. Another on ET Money when a colleague recommended a fund. A third directly with an AMC because the KYC was already done. Somewhere along the way, a spouse started their own set. Now there are four apps, four logins, and no single number.
The good news: you don’t need a fifth app to see all of it. India already has a free, regulated statement that pulls your mutual fund holdings — and more — into one document. It’s called a Consolidated Account Statement, or CAS.
Here’s what it is, the three ways to get one, and — just as important — what it won’t show you.
What is a Consolidated Account Statement (CAS)?
A Consolidated Account Statement is a single statement showing your investments across fund houses and depositories, consolidated on the basis of your PAN.
Because the consolidation key is PAN, it doesn’t matter which app you invested through. Groww, Zerodha Coin, ET Money, Kuvera, or directly with the AMC — if the folio carries your PAN, it should appear on the same statement.
Under SEBI’s framework, CAS covers:
- Mutual fund folios — open-ended, close-ended and ETF units
- Securities held in demat form — equities, bonds, ETF units
- NPS balances, where the PAN is registered against the account
In the case of joint holdings, consolidation happens on the PAN of the first holder and the pattern of holding. This detail catches a lot of people out, and we’ll come back to it.
The three ways to get your CAS
There isn’t one CAS — there are effectively three routes, and which one you want depends on what you hold.
1. Depository CAS (NSDL or CDSL) — the most comprehensive version. Issued when you hold securities in demat form and mutual funds against the same PAN. This is the one that shows equities, bonds and mutual funds together.
2. RTA CAS (CAMS or KFintech) — mutual funds only. Registrars and transfer agents service the back office for AMCs; CAMS and KFintech between them cover the large majority of Indian fund houses. This is the route to take if you don’t hold a demat account, or if your PAN isn’t linked at the depository.
3. MF Central — a joint platform from CAMS and KFintech that gives a single view of mutual fund folios held against the same PAN and registered mobile number, in both demat and non-demat form. It also handles non-financial service requests, like updating your details across AMCs.
How to request each one
NSDL / CDSL CAS: Visit the NSDL CAS portal or the CDSL portal and request a statement for a chosen period. You’ll need your PAN and, depending on the portal, your demat account details.
CAMS: Go to the CAMS investor statements section, choose Consolidated Account Statement, and enter your PAN and registered email ID. The statement is emailed to you — usually within minutes — and is password-protected.
KFintech: Use the KFintech investor portal’s Consolidated Account Statement page, submit the form, and receive the statement by email.
All three are free. None of them require you to hand over an app login or password.
Ask for the “detailed” statement, not the summary
Both CAMS and KFintech let you choose between a summary and a detailed CAS. The summary shows current holdings and value. The detailed version includes the underlying transaction history — every purchase, redemption and SIP instalment.
If you only want to know what you hold today, the summary is enough. If you want to work out your actual cost basis or check your SIP dates, request the detailed version. It’s the same effort and considerably more useful.
When does CAS arrive on its own?
You don’t have to request it every time. SEBI mandates automatic dispatch:
- Monthly, if there was any transaction in your demat account or mutual fund folios during that month
- Half-yearly, showing holdings, even if there were no transactions at all
Under revised timelines that took effect from 14 May 2025, AMCs and mutual fund RTAs share common PAN data with depositories within five days of month-end, and depositories then send the electronic CAS by the 12th of the following month (physical copies by the 15th). For the half-yearly cycle, PAN data goes to depositories by 8 April and 8 October, with e-CAS dispatched by 18 April and 18 October.
In practice: check the inbox tied to your PAN before assuming you don’t have one. It’s very likely already sitting there.
What CAS does not cover
This is the part most articles skip, and it matters more than the rest.
CAS is a securities statement. It is issued under SEBI’s framework by depositories and mutual fund registrars — so it only sees what sits inside that ecosystem. It does not show:
- Bank accounts — saving balances
- Fixed deposits held with banks
- Loans — home, personal or auto. Nothing on the liability side appears at all.
- NPS and EPF balances
That last group is not a footnote. For most Indian families, the home loan and the property are the two largest numbers on the balance sheet, and CAS shows neither. A CAS tells you what your investments are worth. It does not tell you what your household is worth.
There’s also a timing point: CAS reflects the position as at the statement date. It is a snapshot, not a live view, and the monthly cycle means it can be a few weeks behind.
Why your CAS might look incomplete
If you’ve pulled a CAS and something is obviously missing, it’s usually one of these:
- A folio with a different PAN. Investments in a spouse’s or parent’s name won’t appear on yours — by design.
- You’re the second holder. Consolidation runs on the first holder’s PAN, so a folio where you’re joint second holder appears on their statement, not yours.
- A different registered email. CAS is delivered to the email registered against the folio. Two email addresses across your folios means the statement may go somewhere you’re not checking.
- PAN not linked at the depository. If the PAN linkage between your folios and the depository isn’t established, you’ll get an RTA CAS from CAMS or KFintech rather than the fuller depository version.
- Incomplete KYC on an old folio. Older folios with mismatched details sometimes fail to consolidate.
Most of these are fixable — usually by updating the email or PAN on the folio through MF Central or the relevant RTA.
Frequently asked questions
Is CAS free?
Yes. CAMS, KFintech, NSDL and CDSL all provide it at no cost.
What’s the password on my CAS PDF?
The statement is password-protected, and the password is set at the time of the request — typically one you specify on the request form. If you can’t open it, request a fresh statement rather than trying to guess.
Does CAS show my bank balance?
No. CAS covers mutual funds, demat securities and NPS. Bank accounts, FDs and loans are outside its scope.
Can I see my spouse’s investments on my CAS?
No, unless they are held with your PAN as first holder. CAS consolidates by PAN, so each person gets their own.
Which is better, CAMS or KFintech?
Neither is better — they service different fund houses. Requesting from either usually returns holdings serviced by both, but if something looks missing, try the other, or use MF Central.
The bigger picture
CAS solves one specific problem well: it gathers your mutual fund and demat holdings into one PDF, for free, without you handing credentials to anyone. If your question is “what do I hold across all these apps,” request one this week.
If your question is the broader one — what does our family actually own, once the home loan, the FDs and the bank balances are counted — CAS is a piece of the picture, not the picture. That is the gap Famli was built to close: consolidating bank accounts, FDs, loans and investments into one view via the RBI-regulated Account Aggregator framework, so the number updates itself instead of being rebuilt in a spreadsheet each quarter.
Either way, start with the CAS. It’s free, it takes about two minutes, and it’s probably already in your inbox.
This article is for general information and does not constitute investment advice. Investments are subject to market risks. Famli is a SEBI-registered Investment Adviser (INA000021979). Registration does not guarantee performance of advice or assurance of returns. Please read all scheme related documents carefully before investing.