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CAMS : Services, Features & Consolidated CAMS Statement

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Divya Singhvi

CAMS
CAMSonline
income from trading
Income Tax
myCAMS
Last updated on May 11th, 2021

What is CAMS?

Computer Age Management Services (CAMS) is a SEBI agency under the R&T (Registrar and Transfer) category. It is a platform providing with technology-enabled services and processing related solutions to mutual fund houses as well as investors. It facilitates in building up an interactive and user-interactive delivery model to investors.

What does CAMS do?

Computer Age Management Services is under the collective ownership of NSE Investment Ltd, HDFC Group, Warburg Pincus LLC, and Acsys Investment Private Ltd to provide a variety of services. Below are a few services which it provides:

ITR for Capital Gains from Investment in Stocks
CA Assisted Income Tax Return filing for Individuals and HUFs having long term and short term Capital Gains / Loss from investing.
[Rated 4.8 stars by customers like you]
ITR for Capital Gains from Investment in Stocks
CA Assisted Income Tax Return filing for Individuals and HUFs having long term and short term Capital Gains / Loss from investing.
[Rated 4.8 stars by customers like you]

CAMS has myCAMS an online application for the convenience of the investors. Using this, you can make a single Login User ID. However, the validity of the login credentials you generate will have only 48 hours. This is because the information you give is confidential and sensitive. Therefore, if you delay beyond two days, you will have to start the whole process again.

How does CAMSonline work?

myCAMS is an online portal of CAMS. Here investors can easily retrieve their mutual fund statements by providing their PAN and registered email id. The user needs to access the ‘Mailback Services’ in order to get the statements.

Investors can find the details of NAV & the fees by scheme name in the app. The realized gain statements show data about long-term and short-term capital gain. Further, the Consolidated Account Statement shows details of all the mutual fund holdings of the person which are invested over multiple mutual fund houses, over a given period of time. It is a very popular mechanism to keep a track record of all the investments. However, they do not have any legal authorization to offer mutual fund recommendations or even distribute funds.

CAMS

Features of CAMS

CAMS Online Registration Process

Registration through CAMS online

CAMS online : Select CAMS
cams online : Registration Process

Registration through myCAMS App

Import Your Trades
File ITR Online

India’s fastest growing Tax Filing Platform

[Rated 4.8 stars by customers like you]

Import Your Trades

File ITR Online

India’s fastest growing Tax Filing Platform

[Rated 4.8 stars by customers like you]

Process to get Consolidated Account Statement Online

In order to download your account statements from Asset Management Companies (AMCs) for your mutual funds investment, follow the below given steps:

  1. Visit CAMsonline website.

    Click on “Investor Services” on the home page of Camsonline website.Consolidated Account Statement: Camsonline homepage

  2. Click on CAMS

    Consolidated Account Statement – CAMS + KFintech + FTAMILConsolidated Account Statement: Click on CAS

  3. Select the Statement Type, Date, Folio Listing, Email ID, PAN (Optional)

    Now enter the Password, Verification code, and click on “Submit”.Enter the required information - CAS

  4. You will receive a mail from Camsonline.

    In order to open and view the file, you need to provide the password which you had previously created.

FAQs

What should I do if some of my folios are missing in myCAMS user login portfolio valuation?

If in case any of your folios missing in the myCAMS login, please ensure that your email id is updated in all your Mutual Fund investments serviced by CAMS.

What is a Consolidated Account statement (CAS)?

Account Statement is a single account statement that consolidates financial transactions. Further, It consists of all the mutual fund holdings of the person which invested over multiple mutual fund houses.

What happens if there are no financial transactions in a particular folio for the month?

CAS will include only the folios with financial transactions and hence these folios will not reflect in the statement.

Got Questions? Ask Away!

  1. Hi @Jitendra_Kumar,

    You should calculate your advance tax liability for the financial year. If your income tax liability is above INR 10,000, you need to pay your advance tax. 15th March 2021 is the last date to pay your advance tax for the FY 2020-21.

    Since you have Capital Gains income, you need to file ITR 2. The sue date for the same is 31st July 2021.

    You can also use this tool to determine, which ITR form to file.

  2. Thank you for the reply
    I have 1 more doubt :
    When calculating capital gains can i subtract brokerage or Exchange Transaction Charges or anything else that will reduce capital gains tax?

  3. @Jitendra_Kumar,

    You cannot claim brokerage expenses or other such charges from your capital gains. But, you can still claim transfer expenses such as stamp duty from your capital gains.
    However, if you do intraday or F&O trading which is treated as business income for Income Tax purposes, you can claim the following expenses.

  4. Hi @Aditya_s ,

    CAMS will include only the folios with financial transactions. If in case any of your folios missing in the myCAMS login, please ensure that your email id is updated in all your Mutual Fund investments serviced by CAMS.

  5. Hey @Javed19, we are working on the same and will be released in the coming week. Stay tuned! :rocket:

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