Ch.9 · KYC and Folio Management · medium

Which of the following is TRUE about the CAS issued post-SEBI's 2022 enhancement?

0% of students got this wrong

EXPLANATION

SEBI enhanced CAS to include the cost of acquisition of mutual fund units and unrealised gain/loss for each holding. This helps investors track investment performance without separate calculations.

A.CAS now includes EPFO and NPS holdings in addition to mutual funds

B.CAS now includes cost of acquisition and unrealised P&L for mutual fund holdings [✓ Correct]

C.CAS now also includes demat-held securities, insurance policies, and NPS

D.CAS is now sent daily via SMS for active investors

EXPLANATION

SEBI enhanced CAS to include the cost of acquisition of mutual fund units and unrealised gain/loss for each holding. This helps investors track investment performance without separate calculations.

Practising Chapter 9 one question at a time?

Try the full chapter — 80 questions, tracked score, weak area breakdown.

Practice Chapter 9 →Take the mock test →