Examples of Consolidated Account in a sentence
Investors having MF investments and holding securities in Demat account shall receive a Consolidated Account Statement containing details of transactions across all Mutual Fund schemes and securities from the Depository by email / physical mode.
Such Consolidated Account Statement shall reflect the latest closing balance and value of the Units prior to the date of generation of the account statement.
Such Investors shall receive a single Consolidated Account Statement (CAS) from the Depository.
The principle followed for such aggregation will be similar as applied for compilation of Consolidated Account Statement (CAS).
For folios not included in the Consolidated Account Statement (CAS), the AMC shall henceforth issue account statement to the investors on a monthly basis, pursuant to any financial transaction in such folios on or before tenth day of succeeding month.