In an effort to provide enhanced convenience and transparency to mutual fund investors, two of India’s leading registrar and transfer agents—Computer Age Management Services Limited (CAMS) and KFin Technologies Ltd (KFintech)—have joined forces to offer an electronic Consolidated Account Statement (e-CAS) service. This collaborative initiative enables investors to access a consolidated view of their mutual fund holdings across multiple AMCs (Asset Management Companies) through a simple mail-back service.
What is e-CAS?
The Consolidated Account Statement (CAS) provides investors with a summary of their mutual fund holdings across various AMCs. Traditionally, these statements are issued by RTAs and mutual funds on a monthly or periodic basis. However, with the introduction of the Anytime e-CAS service, investors no longer need to wait for monthly statements. They can request an up-to-date soft copy of their holdings at any time, conveniently delivered to their registered email address.
Key Benefits of Anytime e-CAS
Comprehensive Overview:
The e-CAS consolidates an investor’s holdings across different mutual funds, offering a unified view of investments, regardless of the AMC or platform used for purchase.
24/7 Accessibility:
Investors can now request their consolidated statement whenever needed, without being bound by monthly schedules.
Seamless Delivery via Email:
The soft copy of the statement is directly sent to the registered email address, ensuring secure, instant access.
No Paper Hassle:
The e-CAS is eco-friendly, eliminating the need for physical documents while offering quick and efficient access to investment details.
How to Access Anytime e-CAS
To access the e-CAS, investors need to ensure their email address is registered with their mutual funds. If the email address is not yet registered, they must update it through their AMC or RTA portal. Once registered, investors can use the links provided by CAMS and KFintech to request their statements.
Here are the URLs to access the Anytime e-CAS service:
- CAMS: e-CAS Request Portal
- KFintech: e-CAS Request Portal
Steps to Request the e-CAS
- Click on the relevant portal link (CAMS or KFintech).
- Enter the required details such as your PAN, registered email address, and any additional verification information.
- Submit the request, and the e-CAS will be sent to your registered email address shortly.
Why This Initiative Matters
This collaboration between CAMS and KFintech underscores a growing trend in the mutual fund industry toward digitalization and customer convenience. Investors are increasingly looking for quick, paperless solutions that provide easy access to their financial information. The Anytime e-CAS initiative aligns perfectly with this demand, offering mutual fund investors greater control over their investment tracking.
Conclusion
With the introduction of Anytime e-CAS, mutual fund investors can stay updated on their investments with ease, ensuring that they have all the information they need to make informed decisions at their fingertips. This joint effort by CAMS and KFintech not only simplifies the investor experience but also promotes sustainable practices through digital solutions. Whether you're a seasoned investor or just starting your investment journey, Anytime e-CAS is an invaluable tool to keep you informed and empowered.
For a seamless, comprehensive view of your mutual fund holdings, take advantage of the Anytime e-CAS service today.