Get Mutual Fund Statement: Pan Power

Keeping track of your mutual fund investments is easy. You can use your Permanent Account Number (PAN) as a unique identifier to see the status of all your mutual fund investments at once. A Consolidated Account Statement (CAS) is a document that lists all of your monthly financial transactions with different mutual funds. It includes all purchase, redemption, and switching transactions, such as purchasing units in an NFO, redemption or maturity, SIP, STP, and SWP, dividend payout, and reinvestments. You can request a CAS from one of the two Registrar and Transfer Agents (RTAs), CAMS or Kfintech, by visiting their websites and filling in your PAN details. Alternatively, you can check your mutual fund status online by signing in to the AMC's website or apps and providing your folio number.

Visit the Registrar and Transfer Agents (RTA) websites

Registrar and Transfer Agents (RTAs) are essential to the operation of mutual funds. They are private firms registered with the Securities and Exchange Board of India (SEBI) that offer critical administrative and record-keeping services to mutual fund companies. RTAs act as a middleman between investors and mutual fund companies, ensuring effective handling of investor-related transactions and efficient operations. They maintain complete records of mutual fund investors, including their contact and personal information, and process various investor transactions such as buying, redeeming, switching, updating personal information, and changing bank mandates.

Step 1: Visit the Websites of RTAs

The two most well-known RTAs in India are Computer Age Management Services (CAMS) and KFin Technologies Limited (KFinTech). Visit their websites using the following URLs:

• CAMS: https://www.camsonline.com/
• KFinTech: https://mfs.kfintech.com/

Step 2: Select the Type of Statement

On the RTA websites, you will find options to choose from, such as "Summary" (which provides only balances and valuation) and "Detailed" (which includes transaction details). Select the option that best suits your requirements.

Step 3: Choose the Time Period

You will then need to select the time period for which you require the statement. Under the "Summary" option, you can specify a custom period, while the "Detailed" option usually offers three choices: the current financial year, the previous financial year, or a specific period.

Step 4: Fill in the Details

After selecting the summary or detailed option, proceed to fill in the required details, such as your email address (which is typically mandatory) and your Permanent Account Number (PAN) (which is often optional).

Step 5: Submit the Request

Once you have completed the form, click on the "Submit" button to send your request for the mutual fund statement.

Step 6: Receive the Consolidated Account Statement (CAS)

After submitting your request, you will receive a Consolidated Account Statement (CAS) from the RTA. This statement will provide a comprehensive overview of your mutual fund holdings across different Asset Management Companies (AMCs). The CAS is usually sent as a password-protected PDF, and you will need the password you provided during the request process to open it.

By following these steps and visiting the websites of RTAs such as CAMS and KFinTech, you can conveniently access and obtain your mutual fund statement.

Select the summary or detailed statement option

When requesting your mutual fund statement using your Permanent Account Number (PAN), you will likely encounter options to choose between a summary or a detailed statement. Here's a guide to help you understand the difference and make an informed decision:

Summary Statement:

A summary statement provides a concise overview of your mutual fund investments during a specific period. It offers high-level information about your transactions and holdings. In this statement, you will find key details such as the dates of purchase and redemption, the number of units held or transacted, and the financial values associated with these transactions. This type of statement is ideal for a quick review of your mutual fund activities and can be useful for tax purposes or a general understanding of your investment portfolio. If you require a broad snapshot of your mutual fund investments without delving into extensive details, the summary statement is a suitable choice.

Detailed Statement:

As the name suggests, a detailed statement provides a comprehensive view of your mutual fund investments. It includes extensive information beyond what is typically found in a summary statement. In addition to transaction dates, unit holdings, and financial values, the detailed statement offers deeper insights. It breaks down various types of transactions, such as purchases, redemptions, switches, and dividends. You will also find information on specific schemes or plans within the mutual fund, including scheme names, fund types, and folio numbers associated with your investments. This level of detail is particularly valuable for investors who want to closely monitor their mutual fund activities, analyze performance, or make informed decisions regarding their investment strategies.

Choosing Between Summary and Detailed:

The decision to select a summary or detailed statement depends on your specific needs and objectives. If simplicity and a quick overview are your priorities, a summary statement will suffice. However, if you require in-depth analysis, want to track specific transactions, or need detailed records for advanced tax planning or investment strategy formulation, then opting for a detailed statement is the way to go. Consider your familiarity with mutual funds and the level of insight you seek. For those new to mutual fund investing or with simpler portfolios, a summary statement can be enlightening without being overwhelming. On the other hand, seasoned investors or those with diverse and complex portfolios may benefit more from the granular information provided in a detailed statement.

Additionally, keep in mind that you are not limited to choosing one or the other permanently. You can opt for a summary statement for quick reference and switch to a detailed statement when you need a deeper analysis or vice versa. The flexibility allows you to tailor your choice according to your changing requirements over time. By understanding the differences between summary and detailed statements, you can make a more informed decision when requesting your mutual fund statement through your PAN. This ensures that you receive the level of information that aligns with your investment tracking, analysis, and decision-making needs.

Choose the statement period

When generating a Consolidated Account Statement (CAS) to check your mutual fund portfolio with your PAN number, you will be asked to select the period for which you require the statement. This step is necessary to ensure that you receive a statement that is relevant to your needs. Here is a detailed guide on choosing the statement period:

Statement Period Options

When selecting the statement period, you will typically have three options:

• Summary: This option provides a concise overview of your mutual fund holdings, including only the balances and valuations. It does not include transaction details. When choosing this option, you can specify a custom period for the statement.
• Detailed: As the name suggests, this option offers a more comprehensive statement, including all transaction details. Under the "Detailed" option, you will be given the following period choices:

• Current Financial Year
• Previous Financial Year
• Specific Period

Factors to Consider when Choosing the Statement Period

• Purpose of the Statement: Consider why you need the statement. If you simply want an overview of your current holdings and their values, the "Summary" option with a recent custom period may suffice. However, if you require detailed information about transactions or need to review your portfolio over a specific period, the "Detailed" option is more appropriate.
• Tax Purposes: If you are using the statement for tax-related purposes, ensure you select the relevant period. For example, if you need to calculate capital gains or losses for a specific period, choose the "Previous Financial Year" option under "Detailed".
• Frequency of Review: If you regularly review your mutual fund portfolio, a shorter statement period may be sufficient. However, if you are conducting an annual review or need to assess your long-term performance, opt for a longer period or the "Current Financial Year" option.
• Specific Events or Transactions: If you are trying to locate a particular transaction or event, such as a redemption or dividend payout, choosing the "Detailed" option with a "Specific Period" will allow you to focus on the relevant timeframe.
• Capital Gains Tax Considerations: Remember that equity funds are considered long-term after a one-year holding period, while debt funds become long-term after three years. If you need to assess your capital gains tax liability, choose a statement period that aligns with these holding periods.

By carefully considering your needs and selecting the appropriate statement period, you can ensure that the information you receive is relevant and useful for your financial analysis and decision-making.

Fill in your email and PAN details

To get a mutual fund statement from PAN, you will need to fill in your email and PAN details. Here is a step-by-step guide on how to do this:

Step 1: Visit the Websites of Registrar and Transfer Agents (RTAs)

Visit the websites of either of the two RTAs: KFinTech or CAMS. These are the Registrar and Transfer Agents that offer a unified account summary for mutual fund investors. The URLs for their websites are:

• KFinTech: https://mfs.kfintech.com/investor/General/ConsolidatedAccountStatement
• CAMS: https://www.camsonline.com/Investors/Statements/Consolidated-Account-Statement

Step 2: Choose Between Summary and Detailed Options

On the websites, you will find two options: Summary and Detailed. The Summary option will provide you with only the balances and valuation, while the Detailed option includes transaction listings. Choose the option that best suits your requirements on the CAS Request Form of KFinTech or CAMS.

Step 3: Select the Period for the Statement

If you choose the Summary option, you can select a custom period for the statement. If you choose the Detailed option, you will have three options: the current financial year, the previous financial year, or a specific period.

Step 4: Fill in Your Email and PAN Details

After selecting the Summary/Detailed option, you will need to fill in your email and PAN details. Email is mandatory, while PAN is optional. However, providing your PAN number will help identify your mutual fund investments more easily.

Step 5: Enter and Confirm a Password

In addition to your email and PAN, you will also need to create a password. Enter the password and then confirm it in the "Confirm password" field.

Step 6: Submit and Receive Your Consolidated Account Statement

Once you have completed the details, click on the "Submit" button. You will then receive a Consolidated Account Statement (CAS) as a password-protected PDF from KFinTech or CAMS. The password to open this PDF will be the one you created in Step 5.

Please note that the CAS will include all your financial transactions, such as purchases, redemptions, switches, SIPs, STPs, SWPs, dividend payouts, and dividend reinvestments. It will also include the opening and closing units of all your mutual fund portfolios.

Additionally, your PAN number serves as your unique identifier, making it easier to track all your mutual fund investments. The Consolidated Account Statement is sent on a monthly basis if there are any transactions in your mutual fund portfolios. If there are no transactions, the CAS is sent every six months, providing details of your holdings.

Receive the Consolidated Account Statement (CAS)

A Consolidated Account Statement (CAS) is a document that lists all of your monthly financial transactions with different mutual funds. It records every financial transaction, including purchases, redemptions, switches, SIPs, STPs, SWPs, dividend pay-outs, and dividend reinvestments. In other words, it provides an organised list of all your mutual fund investments.

CAMS and Kfintech, the two Registrar and Transfer Agents (RTA), offer a unified account summary for the benefit of Mutual Fund investors. This statement gives a complete picture of the investor's holdings across all of the RTA-served Funds. It's important to note that this statement might not contain all of the details on your DEMAT holdings.

To receive your CAS, follow these steps:

Visit the websites of any of the RTAs (KFinTech or CMAS):

• KFinTech: https://mfs.kfintech.com/investor/General/ConsolidatedAccountStatement
• CAMS: https://www.camsonline.com/Investors/Statements/Consolidated-Account-Statement

• Choose between the "Summary" (only balances and valuation) and "Detailed" (includes transaction listing) options on the CAS Request Form of KFinTech or CMAS.
• Select the period for which you require the statement. Under the Summary option, you can choose a custom period, while under the Detailed option, you can select from the Current Financial Year, Previous Financial Year, or a Specific Period.
• Fill in the details, including your email (mandatory) and PAN (optional).
• Enter and confirm a password.
• Submit the form.
• You will receive a Consolidated Account Statement (Password Protected PDF) from KfinTech or CMAS. Use the password you submitted to open the PDF.

Frequently asked questions