Dormant Mutual Fund Account Statement (CAS) - Don't Get Confused!

Dormant Account status is creating confusion among Mutual Fund Investors.
Don't get confused if you have received any Account Statement (CAS) showing status as Dormant.

The term Dormant means inactivity in particular folio. As per Sebi's directions fund houses had issued CAS Dormant Statement to notify those investors who had not transacted for six months or more so.

Registrars tags folio as Dormant, if there is no transaction in that folio for six months, The purpose of sending this dormant statement is to inform investors about the investment they made and may be forget about that investment. Investor don't need to worry if you have received any such statement. 

Also refer

Dormant Mutual fund Account Statement is now replaced with Half Yearly Account Statement !

Update: June 20, 2012
 
From the next statement cycle - that is April-September 2012 reports due in Oct 12, the words "Dormant Account" will be removed and will be replaced with a more explicit statement which simply says that no transactions have been executed for the last 6 months. This move should help avoid the needless confusion from the terminology "dormant accounts".

- Wealth Forum