SEBI relaxes timelines to send Consolidated Account Statement (CAS) for AMCs and RTAs

In a recircular, SEBI has revised timelines for AMCs and RTAs to send the monthly and half-yearly CAS. Currently, the AMCs provide data of investment of PAN holders to the depositories before 3^rd of the next month, following which the CAS are dispatched before the 10^th by the depositories.

According to the revised timelines, the AMCs and RTAs will now have to share the monthly PAN data to the depositories on or before 5^th of the next month. The depositories, in turn, will dispatch the electronic CAS to the investors by the 12^th of the next month and the physical CAS by 15^th of the next month.

When it comes to half-yearly CAS, the AMCs and RTAs can provide the PAN data to depositories by 8^th April and 8^th October every year. The depositories can then dispatch the half-yearly CAS in electronic form by 18^th April and 18^th October and physical CAS by 21^st April and 21^st October every year.

The circular will be effective from May 14, 2025.