NSDL CAS or Consolidated Account Statement, provides a beautiful consolidated holdings across different demat accounts for us. In this post, we will look at what CAS means, why its good to view it and how we can request it. CAS can be requested at anytime from the NSDL website.
What CAS offers?
Let us look at some excerpts from the CAS statement and then understand why its important. So the CAS comes to us in the form of a PDF attachment in an email. The CAS for the previous month comes 20 days into the next month. In the CAS, we can see our holding/transactions across all the demat accounts we hold.
Look below at what CAS is offering.
What I like most about the CAS is also the last one year movement of my portfolio. this tells me how my investments have fared month on month and how its reaching its target. A friend of mine actually tracks this way back from 2018. In his own words – “This view helps me keep my motivation and see how my investment decisions is paying me off in the long term”.
How to request CAS?
CAS can be requested anytime from the NSDL website link here. You need to know your CAS ID for requesting.
If you dont know your CAS ID, you can request the same using your PAN + Demat ID combination.
And what do I use the CAS statement for? A few reasons why I do this –
- Making sure transactions from different MF platforms / Demat accounts happen correctly
- Making sure my investment decisions are leading to longer time wealth creation
- Source of inspiration to continue the good habits and weed out the bad habits
