Managing mutual funds can be overwhelming, but the Import Consolidated Account Statement (CAS) feature from NIVESH simplifies your investment journey. If you’ve ever found yourself juggling between various investment platforms, you’re not alone. The good news? NIVESH has introduced a powerful new feature to streamline your investment journey: the Import Consolidated Account Statement (CAS). This Consolidated Mutual Fund Statement feature simplifies the process of managing all your mutual fund investments by consolidating them into a single platform.
What is a Consolidated Account Statement (CAS)?
Before we dive into the benefits of NIVESH’s new feature, let’s take a closer look at what a Consolidated Account Statement (CAS) is. A CAS is a unified report that gives investors a complete view of their mutual fund investments, regardless of where they’re held. Whether your investments are managed through CAMS, Karvy, or any other registrar and transfer agent (RTA), the CAS gathers all the data into one report. This eliminates the need to navigate multiple platforms just to see where you stand financially.
For example, if you hold MF across different platforms, a Consolidated Mutual Fund Statement provides you with a summary of all those investments in one place. It’s like having a single dashboard for your entire portfolio, making it easier to track, compare, and make informed decisions. CAMS Consolidated Statement is a commonly used CAS, but with NIVESH, you can import this data directly into the app and manage everything from one interface.
