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SEBI revised timelines for Consolidated Account Statement (CAS) issuance by depositories. Effective May 14, 2025, AMCs/MF-RTAs must provide monthly common PAN data to depositories within 5 days from month-end. Depositories shall dispatch e-CAS within 12 days and physical CAS within 15 days from month-end. For half-yearly CAS, data submission deadline is 8th day of April/October, with e-CAS dispatch by 18th and physical CAS by 21st of these months. Monthly CAS required for active accounts; half-yearly CAS for inactive accounts. Investors retain option to receive physical CAS at registered address. Implementation requires depositories to amend bylaws, update systems, and report compliance in Monthly Development Reports.
SEBI revised timelines for Consolidated Account Statement (CAS) issuance by depositories. Effective May 14, 2025, AMCs/MF-RTAs must provide monthly common PAN data to depositories within 5 days from month-end. Depositories shall dispatch e-CAS within 12 days and physical CAS within 15 days from month-end. For half-yearly CAS, data submission deadline is 8th day of April/October, with e-CAS dispatch by 18th and physical CAS by 21st of these months. Monthly CAS required for active accounts; half-yearly CAS for inactive accounts. Investors retain option to receive physical CAS at registered address. Implementation requires depositories to amend bylaws, update systems, and report compliance in Monthly Development Reports.
Note: It is a system-generated summary and is for quick reference only.