A CAS (Consolidated Account Statement) is one PDF that lists your Indian mutual fund investments across fund houses. Two kinds exist. The registrar CAS comes from CAMS or KFintech. The depository CAS comes from NSDL or CDSL. This guide explains which one you have, how to read each line, and why a fund you own might not be on it.
Want to track it instead of reading it by hand? Agni Folio imports your CAMS or KFintech CAS, including password-locked PDFs.
What is a CAS?
Every mutual fund investment in India is recorded under a folio: an account number with one fund house. If you invest with five fund houses, you have at least five folios. Without a CAS, you would get a separate statement from each fund house.
A CAS puts them together. It is linked to your PAN, so it covers the folios registered under your PAN, no matter whether you invested through a bank, a broker, an app or directly with the fund house.
It is free. You can request one whenever you want, and you also get one regularly by email after months with transactions.
CAMS vs KFintech vs MF Central vs NSDL/CDSL
These names confuse almost everyone. Here is who does what.
| Source | What it is | What its CAS covers |
|---|---|---|
| CAMS | A registrar: it keeps the records for many fund houses | Can send a CAS that covers both CAMS and KFintech fund houses |
| KFintech | The other big registrar, for the remaining fund houses | Can also send a CAS that covers both registrars |
| MF Central | A platform run jointly by CAMS and KFintech | A CAS for your folios with both registrars, from one place |
| NSDL / CDSL | Depositories: they hold your demat account | Shares, bonds and other securities in your demat account, plus mutual fund units held in demat form |
In short: CAMS, KFintech and MF Central give you the mutual fund view. NSDL and CDSL give you the demat view. If you have a demat account, you usually get the depository CAS by email without asking. Which depository sends it depends on where your demat accounts are.
Detailed or summary?
When you request a CAS from CAMS, KFintech or MF Central, you pick a type.
- Detailed CAS: every transaction in the period you choose, each with its date, amount, units and NAV. Choose the period from your first investment if you want your full history.
- Summary CAS: only the balance of each folio on the statement date. No transactions.
The detailed CAS is the useful one. With dated transactions you can work out your real return (XIRR) and your cost. A summary only tells you what you hold today.
How to read each part
Layouts differ a little between CAMS, KFintech and the depositories, but the pieces are the same.
Your details
At the top: your name, PAN, address, email and mobile number, and the statement period. Check that the PAN is yours. Everything below is matched to it.
Folio and scheme
Each block starts with the fund house and the folio number. Under it you see the scheme name, for example "XYZ Flexi Cap Fund - Direct Plan - Growth". The name tells you three things:
- The fund itself (Flexi Cap)
- Direct or Regular plan. Direct plans have no distributor commission. Regular plans pay one, through a higher expense ratio.
- Growth or IDCW (dividend) option
You may also see the advisor or distributor code (an ARN number), or "Direct" if you invested without one.
ISIN
The ISIN is a 12-character code that identifies one exact plan and option, for example INF.... The Direct Growth and Regular Growth plans of the same fund have different ISINs. A tracker uses the ISIN to find the right daily NAV.
Units, NAV, cost and value
- Units (or "closing unit balance"): how many units you hold. Units often have three or four decimal places.
- NAV: the price of one unit on the statement date.
- Cost value: the money you put in for the units you still hold.
- Market value: units × NAV on the statement date.
Market value minus cost value is your gain on paper. It does not tell you your yearly return, because it ignores when each rupee went in. That is what XIRR is for. See how XIRR works.
Transactions (detailed CAS only)
Each transaction row shows the date, the type (purchase, SIP, redemption, switch in, switch out, dividend payout or reinvestment), the amount, the units, the NAV used and the unit balance after it.
You may notice small lines for stamp duty on purchases. That is why amount ÷ NAV is often a little more than the units you actually got.
Nominee and KYC
Many statements also show whether a nominee is registered for each folio and your KYC status. If a folio has no nominee, it is worth adding one with the fund house.
The password
A CAS PDF is password-locked.
- CAMS, KFintech or MF Central: the password you chose when you requested the statement.
- NSDL or CDSL: usually your PAN in capital letters. Some statements add your date of birth as DDMMYYYY. The email that brought the statement says which.
Why are some funds missing?
This is the most common question. Check these in order.
- The units are in your demat account. If you bought a fund through a stock broker into your demat account, those units usually appear in your NSDL or CDSL CAS rather than the CAMS or KFintech one. Look at both.
- The folio is under another PAN. A CAS covers one PAN. A child's folio, a parent's folio, or a joint folio where someone else is the first holder may appear on their CAS, not yours.
- The folio is not linked to your PAN or email. Very old folios may not carry your PAN. If you requested the CAS by email address instead of PAN, folios registered with a different email can be left out.
- Direct and Regular look like two funds. The Direct and Regular plans of one fund are separate schemes with separate ISINs. If you switched from one to the other, you will see two entries, and the old one may show zero units.
- The period is too short. A detailed CAS for the last six months will not show a fund you sold two years ago. Request the full period if you need the history.
- You requested a summary. A summary shows balances only. A fully redeemed folio may not appear at all.
If a fund is still missing after these checks, contact the fund house or its registrar with your folio number.
Track it in Agni Folio
Reading the CAS once is useful. Keeping it up to date every month is where a tracker helps.
- Upload the PDF. Agni Folio imports CAS PDFs from CAMS, KFintech, MF Central, NSDL and CDSL, and asks for the password. From an NSDL or CDSL e-CAS, your mutual funds and the shares in your demat account come in together.
- Review before saving. Every row is shown for review and you can edit it. Nothing is added to your portfolio until you click Confirm & Import.
- One holding per folio. Each folio is matched by ISIN and folio number, so next month's CAS updates the same holdings instead of adding copies. Funds with an ISIN get their daily NAV from AMFI.
- XIRR with a detailed CAS. Dated transactions give you XIRR for each fund and for your portfolio.
- Everything in one place. Your mutual funds sit next to your stocks, FDs, PPF and EPF, crypto and property, in 20 base currencies. That helps NRIs living in Singapore, the US, the UK or the UAE who still hold Indian funds.
Be clear on privacy: the PDF is kept encrypted until you confirm the import, for at most 7 days, then deleted. The text read from it stays with the import record.
Step-by-step: how to import your CAMS or KFintech CAS. Overview: CAS statement portfolio tracker. Full reference: CAS import documentation.
Frequently Asked Questions
What is the difference between a CAMS CAS and an NSDL CAS?
A CAMS or KFintech CAS lists your mutual fund folios held directly with fund houses. An NSDL or CDSL CAS lists what is in your demat account: shares, bonds and mutual fund units held in demat form. If you have both kinds of holdings, you need both statements for the full picture.
Should I request a detailed or a summary CAS?
Detailed, if you can. It lists every dated transaction, which lets you work out your real return (XIRR) and cost. A summary shows only the balance of each folio on the statement date.
What is the password for my CAS PDF?
For CAMS, KFintech or MF Central, it is the password you chose when you requested the statement. For NSDL or CDSL, it is usually your PAN in capital letters, sometimes followed by your date of birth as DDMMYYYY. The email that brought the statement says which.
Why is a fund I own missing from my CAS?
The usual reasons: the units are in your demat account (check your NSDL or CDSL CAS), the folio is under another PAN, the folio is not linked to your PAN or email, or the statement period is too short. Direct and Regular plans also show as separate entries.
What does ISIN mean on a CAS?
The ISIN is a 12-character code for one exact plan and option of a fund. Direct and Regular plans, and Growth and IDCW options, each have their own ISIN.
Which portfolio tracker can import my CAS?
Agni Folio imports your CAS from all five sources: CAMS, KFintech, MF Central, NSDL and CDSL, including password-locked PDFs. Each mutual fund folio becomes its own holding, matched by ISIN and folio number, and the shares in an NSDL or CDSL e-CAS can be imported too, so one statement fills your portfolio next to your fixed deposits, PPF, crypto and property. Forward your monthly CAS email once and every new statement updates the same holdings. CAS import is part of the full-featured free plan.
