Just like a school report card shows the score of a child in various exams held during the academic year across different subjects that are taught by different teachers, a Consolidated Account Statement(CAS) is a physical statement that captures all financial transactions done by an investor across different Mutual Funds during a month. If you have invested in three different funds, all the financial transactions like purchase, redemption, switches, SIPs /STPs/SWPs, dividend payouts/reinvestment of dividends are captured.
The CAS also captures opening and closing balances of the various portfolios linked to a PAN. Non-financial transactions like changes to bank detail, address, nominees etc are however not captured in a CAS. A CAS not only captures monthly financial transactions across different fund houses, it also captures
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