To save cost and also to promote green initiatives, mutual funds are now going to stop sending CAS (Combined Account Statement) through physical letters. That means you will get the CAS only through email in future. And there is another catch also here. Since these investments might have happened over a time period, it is possible that investors might have given different email ids for investment with different mutual funds. As the monthly CAS will be issued only to one email id of the investor, investors must have a common email id across all folios with different mutual funds. Else, the CAS may go to different email ids every month (ie depending on the folio in which the transaction has taken place during the month). The best way to avoid this problem is to write to the concerned mutual funds and consolidated your email ids to a common id.
Best Regards
Prakash Nair
www.keralites.net          |
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