Ch.9 · Systematic Transactions — SIP, SWP, STP · easy

What does CAS stand for in the context of mutual fund investor services?

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EXPLANATION

CAS stands for Consolidated Account Statement. It provides a single, combined view of an investor's holdings across all mutual fund schemes and AMCs using their PAN as the identifier.

A.Consolidated Account Statement [✓ Correct]

B.Central Allocation System

C.Combined Asset Summary

D.Centralised AMC Statement

EXPLANATION

CAS stands for Consolidated Account Statement. It provides a single, combined view of an investor's holdings across all mutual fund schemes and AMCs using their PAN as the identifier.

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