It is the document issued by the mutual fund, giving details of various transactions and holdings of an investor in schemes of the fund.

This is a summary of transactions (purchases, redemptions, dividends, etc.) in your mutual fund account over a specific time period.

An Account Statement contains the details of all the transactions related to an account for a specified time period. It can be for a particular month, quarter or a year. Account statements contain information such as the opening balance, debits (or payments), credits (receipts) and the closing balance. A common example is a statement issued by banks to their customers.

For example, Asset Management Companies, i.e. AMC’s give an Account Statement to their customers with a record of all the transactions within that period, units, transaction date, folio details, Fund Name, etc. for your record. The statement is generated at the duration requested, i.e. if you need monthly statements, the same is sent to you, either in hard copy or via email, as desired.