New Delhi, Aug. 13 -- If you check your mutual fund holdings report on a broker or wealth-management platform and then compare the value with your Consolidated Account Statement (CAS), you may notice that the two figures are different.

This does not necessarily mean there is an error in your mutual fund holdings. One possible reason for the difference is the date of the Net Asset Value (NAV) being used to calculate the value of your investments.

In other words, the number of mutual fund units you hold may be the same, but the value displayed can differ if the platforms are using NAV data from different dates.

A Consolidated Account Statement, or CAS, is a combined statement that provides details of an investor's financial transactions ...