{"id":4119,"date":"2021-08-24T18:36:46","date_gmt":"2021-08-24T13:06:46","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=4119"},"modified":"2022-05-24T19:13:20","modified_gmt":"2022-05-24T13:43:20","slug":"consolidated-account-statement","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/consolidated-account-statement\/","title":{"rendered":"How To Get Mutual Fund Consolidated Account Statement \u2013 Step by Step Guide"},"content":{"rendered":"\n<p>Since a <a href=\"https:\/\/www.tickertape.in\/blog\/advantages-disadvantages-of-mutual-funds\/?utm_source=blog&amp;utm_medium=article\">mutual fund<\/a> refers to investing a pooled amount of money in different stocks, investors often assume their risk is quite diversified. However, experts recommend also diversify the type of different mutual fund schemes you <a href=\"https:\/\/www.tickertape.in\/blog\/why-should-you-prioritise-investing\/\">invest<\/a> in: you can choose different industry-focused funds or funds based on different market capitalization.<\/p>\n\n\n\n<p>But this is also not enough. A smart investor also needs to monitor the performance of different funds they own, and rebalance it depending on new market conditions and performance metrics.<\/p>\n\n\n\n<p>However, when you have multiple mutual fund investments, monitoring each independently can be a cumbersome process. This is where a consolidated <a href=\"https:\/\/www.tickertape.in\/blog\/these-new-tools-make-evaluating-mutual-funds-better\/?utm_source=blog&amp;utm_medium=article\">mutual fund<\/a> statement helps. In this article we dive deep into what is a consolidated mutual fund statement and its features.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/blog\/consolidated-account-statement\/#What-is-a-consolidated-mutual-fund-statement\" title=\"What is a consolidated mutual fund statement?\">What is a consolidated mutual fund statement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/blog\/consolidated-account-statement\/#Features-of-the-consolidated-MF-statement\" title=\"Features of the consolidated MF statement\">Features of the consolidated MF statement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/blog\/consolidated-account-statement\/#Components-of-the-consolidated-MF-statement\" title=\"Components of the consolidated MF statement\">Components of the consolidated MF statement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/blog\/consolidated-account-statement\/#Benefits-of-consolidated-mutual-fund-statement\" title=\"Benefits of consolidated mutual fund statement\">Benefits of consolidated mutual fund statement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tickertape.in\/blog\/consolidated-account-statement\/#How-to-get-the-mutual-fund-statement\" title=\"How to get the mutual fund statement?\">How to get the mutual fund statement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tickertape.in\/blog\/consolidated-account-statement\/#The-bottom-line\" title=\"The bottom line\">The bottom line<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"what\"><span class=\"ez-toc-section\" id=\"What-is-a-consolidated-mutual-fund-statement\"><\/span><strong>What is a consolidated mutual fund statement?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The consolidated mutual fund statement is an account statement of your mutual fund investments. The statement is issued monthly and shows the records of the financial transactions done across all the mutual fund <a href=\"https:\/\/www.tickertape.in\/blog\/information-on-tax-saving-mutual-funds\/?utm_source=blog&amp;utm_medium=article\">schemes<\/a> that are held against your name and PAN Card ID.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"of\"><span class=\"ez-toc-section\" id=\"Features-of-the-consolidated-MF-statement\"><\/span><strong>Features of the consolidated MF statement<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The mutual funds\u2019 consolidated statement exhibits the following salient features:<\/p>\n\n\n\n<ul><li>It is, usually, issued by the 10th of every mth.&nbsp;<\/li><li>As per <a href=\"https:\/\/www.tickertape.in\/blog\/securities-and-exchange-board-of-india-functions-powers-and-regulations-of-sebi\/?utm_source=blog&amp;utm_medium=article\">SEBI<\/a> guidelines, issuing a mutual fund statement is mandatory<\/li><li>To ensure you get this statement, you have to register your email ID with authorised mutual fund registrars. The mutual funds\u2019 consolidated statement is then mailed to you in an electronic format. Because of its online nature, it is also called an eCAS statement.<\/li><li>The statement is issued in PDF format and is always password protected. Your PAN ID is the password with which you can open the attached document and check your mutual fund transactions.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"the\"><span class=\"ez-toc-section\" id=\"Components-of-the-consolidated-MF-statement\"><\/span><strong>Components of the consolidated MF statement<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The mutual fund statement contains the following important details:<\/p>\n\n\n\n<ul><li>Your name, registered mobile number, email ID, and address<\/li><li>The list of your mutual fund investments with their opening and closing balances<\/li><li>The cost of investment vis-a-vis the current valuation<\/li><li>Folio numbers of all schemes<\/li><li>Nomination details<\/li><li>KYC compliance details<\/li><li>Mode of holding<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"fund\"><span class=\"ez-toc-section\" id=\"Benefits-of-consolidated-mutual-fund-statement\"><\/span><strong>Benefits of consolidated mutual fund statement<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The consolidated MF statement is quite beneficial for investors. This is why <a href=\"https:\/\/www.tickertape.in\/blog\/stock-exchange\/?utm_source=blog&amp;utm_medium=article\">SEBI<\/a> has made its issuance mandatory. The benefits of the eCAS statement are as follows:<\/p>\n\n\n\n<ul><li>&nbsp;You can easily evaluate the performance of all your mutual fund schemes under one consolidated statement. It eliminates the hassle of checking each scheme\u2019s performance independently.<\/li><li>The statement gives the overall value of your mutual fund <a href=\"https:\/\/www.tickertape.in\/blog\/mitigating-portfolio-risk-through-diversification\/?utm_source=blog&amp;utm_medium=article\">portfolio<\/a>. This helps you ascertain whether your combined portfolio value is aligned with your financial goals or whether you need to rebalance it<\/li><li>You can easily check the transactions done in your mutual fund schemes, i.e. the investments made, scheme switches, and redemptions.<\/li><li>You can also evaluate your <a href=\"https:\/\/www.tickertape.in\/blog\/what-is-short-term-capital-gain-on-shares\/?utm_source=blog&amp;utm_medium=article\">tax<\/a> liability if you are thinking of redeeming any scheme.<\/li><li>You can double-check your KYC, nomination, and other details contained in the statement.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"get\"><span class=\"ez-toc-section\" id=\"How-to-get-the-mutual-fund-statement\"><\/span><strong>How to get the mutual fund statement?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>You can access your consolidated mutual fund statement from any of the 4 <a href=\"https:\/\/www.tickertape.in\/blog\/margin-pledge-system\/?utm_source=blog&amp;utm_medium=article\">SEBI<\/a>-authorised mutual fund registrars. These registrars are as follows:<\/p>\n\n\n\n<ul><li>CAMS<\/li><li>Karvy<\/li><li>Franklin Templeton<\/li><li>Sundaram BNP Paribas Financial Services (SBFS)<\/li><\/ul>\n\n\n\n<p>You can visit the website of any of these Registrar and Transfer Agents (RTAs) authorised by <a href=\"https:\/\/www.tickertape.in\/blog\/securities-and-exchange-board-of-india-functions-powers-and-regulations-of-sebi\/\">SEBI<\/a> and get access to your statement.<\/p>\n\n\n\n<p>For example, CAMS online needs you to follow the following process to get a consolidated mutual fund statement:<\/p>\n\n\n\n<ul><li>Visit <a href=\"https:\/\/www.camsonline.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">https:\/\/www.camsonline.com\/<\/a><\/li><li>Under the head \u2018Statements\u2019, click on \u2018CAMS &#8211; CAMS+KFintech\u2019<\/li><li>Choose from the \u2018Detailed\u2019 or \u2018Summary\u2019 option and provide the other details like the date for which you need the statement, registered email ID, and password<\/li><li>Submit the form and the statement would be emailed to your registered email ID<\/li><\/ul>\n\n\n\n<p>For the consolidated mutual fund statement, CAMS online sends the details of all your mutual fund holdings, whether bought from CAMS or not. You can also choose to view individual portfolios or the holdings bought only through CAMS.<\/p>\n\n\n\n<p>Other RTAs, too, have a similar facility of offering the consolidated MF statement for your perusal.<\/p>\n\n\n\n<p>Similarly, you can use the KFintech website to access your eCAS statement through a mail-back service. Just visit <a href=\"https:\/\/mfs.kfintech.com\/investor\/General\/ConsolidatedAccountStatement\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">https:\/\/mfs.kfintech.com\/investor\/General\/ConsolidatedAccountStatement<\/a>, provide the relevant details and the statement would be sent to your registered email address.<\/p>\n\n\n<span class='bctt-click-to-tweet'><span class='bctt-ctt-text'><a href=\"https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Fwww.tickertape.in%2Fblog%2Fconsolidated-account-statement%2F&#038;text=Through%20a%20consolidated%20mutual%20fund%20statement%20you%20can%20monitor%20your%20portfolio%20and%20make%20suitable%20investment%20decisions&#038;via=TickertapeIN&#038;related=TickertapeIN\" target=\"_blank\" rel=\"noopener noreferrer\">Through a consolidated mutual fund statement you can monitor your portfolio and make suitable investment decisions <\/a><\/span><a href=\"https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Fwww.tickertape.in%2Fblog%2Fconsolidated-account-statement%2F&#038;text=Through%20a%20consolidated%20mutual%20fund%20statement%20you%20can%20monitor%20your%20portfolio%20and%20make%20suitable%20investment%20decisions&#038;via=TickertapeIN&#038;related=TickertapeIN\" target=\"_blank\" class=\"bctt-ctt-btn\" rel=\"noopener noreferrer\">Click To Tweet<\/a><\/span>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The-bottom-line\"><\/span><strong>The bottom line<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The consolidated mutual fund statement is a useful and informational tool that helps you monitor your portfolio and make suitable investment decisions. The statement is available free of cost through authorised RTAs and is sent to your registered email address. So, understand how to access the consolidated statement to track your <a href=\"https:\/\/www.tickertape.in\/blog\/long-term-capital-gain-on-mutual-funds\/?utm_source=blog&amp;utm_medium=article\">mutual fund<\/a> investments. Review the statement periodically so that you can ensure that your portfolio aligns with your financial goals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Want to know how to get mutual funds consolidated statements? Click here to know the features, benefits and the step by step process of getting a consolidated MF (Mutual Fund) statement.<\/p>\n","protected":false},"author":54,"featured_media":3993,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[8,1750],"tags":[578,577,579,576,580],"acf":[],"modified_by":"Aradhana Gotur","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2021\/08\/MF-1-2.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/4119"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/54"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=4119"}],"version-history":[{"count":4,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/4119\/revisions"}],"predecessor-version":[{"id":8740,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/4119\/revisions\/8740"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/3993"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=4119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=4119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=4119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}