SEBI/HO/MRD/PoD1/CIR/P/2025/16

CIRCULAR SEBI/HO/MRD/PoD1/CIR/P/2025/16 The Depositories Asset Management Companies Mutual Fund RTAs Dear Sir / Madam, Subject: Revised timelines for issuance of Consolidated Account Statement (CAS) by Depositories Para 1.24 of Chapter 1 of SEBI Master Circular for Depositories dated December 3, 2024 ("Master Circular") prescribes the modalities for issuance of ' Consolidated Account Statement (CAS) for all securities assets ' . In terms of the requirements specified under Para 1.24.5 of the Master Circular, CAS is required to be generated on a monthly basis. The AMCs /MF-RTAs are required to provide the data with respect to the common PANs to the depositories within three days from the month end, pursuant to which, the depositories are required to consolidate and dispatch the CAS within ten days from the month end. Pursuant to representations received from Depositories and Mutual Fund - Registrar and Transfer Agents (MF-RTAs) and to enhance ease of compliance with the timelines, it has been decided to rationalize the timelines for issuance of CAS. Accordingly, based on discussions held with MF-RTAs and Depositories, it has been decided that AMCs/ MF -RTAs shall send the monthly common PAN data to Depositories on or before the fifth (5 th ) day from the month end. The Depositories, in turn, shall consolidate and dispatch the monthly CAS to investors that have opted for delivery via electronic mode (e-CAS) by the twelfth (12 th ) day from the month end and to investors that have opted for delivery via physical mode by the fifteenth (15 th ) day from the month end . Further, in respect of half yearly CAS, it has been decided that the AMCs/MF-RTAs shall provide the data with respect to the common PANs to the depositories on or before eighth (8 th ) day of April and October

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