Skip to main content

Mutual Fund CAS

Best ELSS Funds Online 



Mutual Fund Consolidated Account Statement


At the end of every month, investors receive a communication from the registrar of mutual funds about transactions carried out during the month and MF holdings as on the date of the statement.

All mutual fund folios that witness financial transaction(s) in a month and identical unit holders based on a valid PAN are considered and consolidated to create the CAS. The CAS gives investors a fair idea of their mutual fund holdings.


Investor details: The CAS contains the name and address of the investor. Address is the latest registered as per KYC records. Any changes to these details must be addressed to the KYC Registration Agency (KRA).

Investment record: A record of all mutual fund transactions across fund houses during the month (fresh purchase, redemption, switch, SIP/SWP/STP) are recorded in the CAS. Each fund house and scheme transaction is shown as a separate entry.

Transaction details: Each entry states the transaction details date wise with nature of transaction, applicable NAV, units transacted and amount transacted. Current balance of units in the folio is also reflected.

Holding statement: A summary of holdings is provided. This contains all holdings including the folios in which there were no transactions during the month. Cost of investments is also displayed.

Other information: The CAS gives investors an idea of the applicable loads on each scheme that the investor holds. It also states contact details of respective fund house and its RTA.

Folios held in the name of minors are not considered for consolidation in the CAS.
 
  Investors who have opted for email communication receive CAS on email ids; while others receive in hard copy.  






SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich

For further information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com 

Popular posts from this blog

Save Tax With Mutual Funds

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300       Mutual funds are ideal as long term investment avenues for retail investors. To encourage investments in this avenue, the Government of India offers investors a spate of tax benefits thus ensuring maximum benefit from mutual funds held beyond a year. Sample some of the key benefits and refer to the table for a detailed list of tax rates for different types of schemes ·        Avail deductions under Sec 80C of the Income Tax Act by investing up to a maximum of Rs. 1 lakh in designated Equity Linked Savings Schemes (ELSS). Such investments have a compulsory lock in period of 3 years. ·        First time retail investors in equity with a gross total income of up to Rs. 12 lakh can invest up to Rs. 50,000 in specific MF schemes un...
Read more

How much to invest in gold ?

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India) Let your motivation dictate the share of the yellow metal in your portfolio Enough has been said and written about gold as an investment option. The latest argument is that the craze for gold among Indian households is endangering our country's balance of payments. The policymakers are busy trying to find ways of discouraging investment in gold, but if households keep the common good in mind, they would be paying the market price for gas cylinders as they do for, say, their mobile phone bills. After all, private decisions are driven by private motives. So, how should a household look at gold from its own perspective? Gold is primarily acquired for its merit as a store of value. Even if the worst crisis hits a family, the gold that it holds could be put to use anywhere in th...
Read more

Buying a Used Car

Invest in Mutual Funds Online Download Mutual Fund Application Forms   Pre-owned car can make sense in these inflationary times. But buying one can be trickier than getting a new vehicle    If you are thinking of buying a car but are worried about the rising inflation and higher EMIs eating into your budget, you should consider buying a used car. For those learning to drive, the general advice is that they should hone their driving skills in a used car. However, buying a used car is not an easy task. Though a used car costs less, there are a lot of aspects to be considered while buying one. You should do your due diligence before buying such a car. For example, two cars of the same model would carry two different prices. The difference in price could be on account of the age of the car, how many people have driven, etc. First Fix Your Budget Since used cars are available in a wide variety of models and prices, the starting point would be to determine your budget befor...
Read more

Debt Mutual Funds Best Fixed Income Investments

Debt Mutual Funds - Invest Online     In the last one year, except for a select few sectoral funds and small cap funds, not many of the equity funds have given great returns. On the other hand, debt funds have done relatively well in terms of returns. So far in the new year too, the stock market has been extremely volatile, pushing investors to look for safer havens. In this context, debt funds are looking safer bets for those investors who do not have the appetite for higher level of volatility. Investors who look for a regular income stream, also look at fixed income products like debt funds, bank fixed deposits and post office monthly income schemes.  Among the fixed income products, debt funds score over others because of chances of higher return, has nearly similar level of risks and liquidity. According to Shah, people looking for regular income could opt for a systematic withdrawal plan (SWP) in debt funds , which, if done judi ciously could also save on taxes. Shah explaine...
Read more

MNC Funds

An investor is typically suggested a combination of large-, mid and multi-cap equity funds, in varying proportions, to create a well-rounded equity portfolio. It is usually recommended that investors stay away from the more exotic offerings such as thematic funds. However, the consistent strong performance of MNC themed funds may be a compelling reason for investors to make space in their portfolio for these funds. MNC funds invest in multinational companies—businesses that derive a sizeable chunk of their revenue from overseas operations or via exports to foreign countries. Among the MNC-themed funds, only UTI MNC and Aditya Birla Sun Life MNC have been around for a long time. SBI Magnum Global only recently aligned 100% to this theme, moving away from its earlier mid-cap focus with an MNC bias. These funds have shown a high degree of consistency in their returns. For instance, during the past one year of high volatility in the equity markets, the...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now