Mutual fund RTAs (Registrar and transfer agents) provide a host of statements to enable mutual fund investors manage their investment-related information efficiently. Registering one’s email ID in the folio is a prerequisite to receive these statements as a mail-back service from the registrar’s websites.

Portfolio valuation statement This statement gives the most recent status of the portfolio.

It is emailed to the registered email ID on request. It contains portfolio details, giving balances by scheme/security, cost value, market value, period of holding and return on investment.

An asset allocation chart is also included in the portfolio valuation statement. This can be used as a one-view family portfolio statement for your mutual fund investments.

Consolidated account This statement is consolidated for holdings across mutual funds serviced by all Registrar and transfer agents. It is also provided on demand using the mail-back facility.

Among the links available in the Registrar’s website, select the consolidated account statement (across all Registrar and transfer agents) and choose the summary or detailed statement. The summary statement gives only the balances and valuation on a particular date. The detailed statement provides transaction-wise details across all folios across mutual funds.

Capital gains statement

Mutual funds and their Registrar and transfer agents provide the capital gains statement on request from the investor. This statement reflects the gains along with indexation details.

Investors can make use of the investor mail-back facility through Registrar and transfer agents’ websites to receive these statements in their registered email IDs.

However, seek appropriate guidance from your tax consultant before filing any tax returns.

Common account statement SEBI has mandated all mutual funds to send one industry-level consolidated account statement (Industry CAS) covering all mutual funds. The Association of Mutual Funds in India (AMFI) has issued common guidelines to its members for this purpose and Industry CAS is being dispatched on a monthly basis.

However, this statement contains only transactions done during the month in the participating mutual funds along with the summary of holdings in transacted folios in these mutual funds.

For example, if you hold schemes in A, B, C, D mutual funds and have made a purchase in A and C mutual funds in the month, you will get a single statement at the end of the month which will provide details of only the transacted mutual funds i.e., mutual fund A and C only.

Of a particular fund To get a physical copy of account statement for any particular fund, investors may walk into the nearest customer service centre of the Registrar and transfer agent or the nearest branch of AMC.

Upon providing proof of identity along with the request letter or any other document(s) as per the respective fund-specific guidelines, the investor can obtain a copy of the account statement across the counter.

Alternately, investors may email the Registrar and transfer agents or AMC branches or call the toll-free phone numbers requesting a physical or soft copy of the account statement.

(Contributed by CAMS Viveka. Views are general practices in the MF industry and may vary on a case-to-case basis).

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