Data last verified: June 2026
How to Read Your Mutual Fund Statement: A Complete Guide
Learn how to read your mutual fund statement like a pro. Understand folio numbers, NAV, units, CAS statements, and track your true SIP returns.
Jashmin is a finance professional and founder of AbacusHand. She specialises in EMI & loan planning, income tax under old and new regimes, and SIP investment analysis for Indian households. Every calculator and article on AbacusHand is personally reviewed by her for accuracy.
Most investors only check their mutual fund app for the XIRR and current value, completely ignoring the detailed account statement. However, your mutual fund statement is a goldmine of information. It tells you exactly where your money is going, how many units you own, and if there are any hidden charges. If you've ever received a statement and felt overwhelmed by the financial jargon, this step-by-step guide will teach you how to read your mutual fund statement like a pro.
What is a Mutual Fund Statement (and CAS)?
When you invest in mutual funds, you receive a statement either directly from the Asset Management Company (AMC) or a Consolidated Account Statement (CAS) from the registrars (CAMS or KFintech). While an AMC statement only shows investments in that specific fund house, a CAS consolidates all your mutual fund investments across all AMCs into a single master document. It is the ultimate statement for tracking your entire mutual fund portfolio in one place.
Key Sections of Your Mutual Fund Statement
A standard mutual fund statement is divided into several critical sections. Here is what you need to look for:
- Investor Details: Your name, PAN, email, mobile number, and KYC status.
- Nominee Details: The name(s) of the nominee(s) registered for your investments.
- Folio Information: Your unique account numbers (folios) for each fund house.
- Scheme Details: The specific mutual fund schemes you are invested in, along with the plan (Regular/Direct) and option (Growth/IDCW).
- Transaction History: A chronological list of all buys, sells, switches, and dividend payouts.
- Summary: The total invested value, current market value, and overall returns.
How to Read the Transaction Details
The transaction history is the most critical part of the statement. It is usually presented in a table with columns like Date, Description, NAV (Net Asset Value), Units, Amount, and Balance. When you make a SIP payment, the 'Description' will say 'Purchase' or 'New Fund Offer'. The 'NAV' is the price at which you bought the units on that specific day. The 'Units' column shows how many mutual fund units were credited to your account, and the 'Balance' shows your total units after that transaction.
Understanding Key Terms: Folio, NAV, and Units
To understand your statement, you must know these three fundamental terms:
- Folio Number: Think of this as your mutual fund bank account number. Each AMC assigns a unique folio number to track all your investments with them.
- NAV (Net Asset Value): The price of a single mutual fund unit on a specific date. Your units are calculated by dividing your investment amount by the NAV.
- Units: Mutual funds are bought and sold in units, not rupees. The number of units you own remains constant unless you buy more or redeem some; it is the NAV that fluctuates daily.
Checking Your Returns: Absolute vs XIRR
At the bottom of your scheme holdings, you will see your 'Invested Value' and 'Current Value'. The difference between these two is your absolute profit or loss. However, absolute returns can be highly misleading for SIPs because they don't account for the time value of money. To know the true annualized return of your SIPs, you need to calculate the XIRR. You can easily find this by entering your transaction dates and amounts into our free XIRR calculator, or by checking the XIRR directly on modern investment apps. You can also project your future wealth using our SIP calculator.
How to Download Your Consolidated Account Statement (CAS)
If you want a complete statement of all your investments across all AMCs, follow these steps to download your CAS:
- Visit the official website of CAMS (cvlcams.com) or KFintech (mfs.kfintech.com).
- Select the 'Consolidated Account Statement' or 'CAS' option.
- Enter your PAN card number and select your registered email address.
- Choose the time period (e.g., last 6 months, 1 year, or all transactions since inception).
- Enter the CAPTCHA and click submit. A password-protected PDF will be sent to your email.
Pro Tip: Always check the 'Nominee Details' section in your statement. If it says 'Not Registered', you should immediately update your nominee details through your AMC or investment app. This ensures your wealth is smoothly transferred to your loved ones without legal hurdles in case of an unfortunate event.
Stop guessing your portfolio's performance. Find out exactly how much your SIPs have earned you annually.
Calculate XIRR NowFrequently Asked Questions
An AMC statement only shows your investments in a specific mutual fund house (like SBI Mutual Fund or HDFC Mutual Fund). A Consolidated Account Statement (CAS) is a master document that consolidates all your mutual fund investments across all AMCs into a single statement, making it easier to track your entire portfolio.
A folio number is a unique identification number assigned to you by a mutual fund house. It acts like your bank account number for that specific AMC. All your investments, units, and transactions for that fund house are tracked under this single folio number.
In the transaction history section of your statement, look at the 'Units' and 'NAV' columns. The NAV is the price per unit on the date of your transaction, and the Units column shows exactly how many units were credited to your account. Your total units are listed in the 'Balance' column after every transaction.
Your invested value is the total amount of money you have put into the mutual fund. Your current value is the present market value of your units based on the latest NAV. If the market has gone up, your current value will be higher than your invested value (showing a profit). If the market has fallen, your current value will be lower (showing a loss).