Sebi plans to have more fields of mutual fund info in monthly eCAS statementt.

Mumbai: The Securities and exchange board of India (SEBI) plans to facilitate the sharing of additional information fields relating to mutual funds and securities holdings on the electronic consolidated account statement (eCAS), Chairman Tuhin Kanta Pandey announced on Thursday.Addressing the samvaad 2026 conference on the Accoung aggregator framework organised by Sahamati, Pandey outlined a series of forward-looking regulatory priorities centered on expanding the Account aggregator (AA) framework, bridging capital market holdings with banking assets, improving system-wide interoperability, and tightening data security safeguards.A central highlight of the address was the capital markets regulator’s drive to make portfolio tracking far more comprehensive for retail investors.Currently, eCAS aggregates an investor’s demat holdings and mutual fund units across depositories and asset management companies. SEBI is now actively working to bring traditional banking assets under the same single-window umbrella through the AA network."SEBI is working to facilitate the inclusion of bank deposit information in the electronic consolidated account statement through the AA framework, giving investors a more comprehensive view of their financial assets," Pandey stated.Alongside bank deposits, the regulator intends to deepen the granular data shared on existing investment avenues. Pandey noted that the market watchdog is "working to facilitate the sharing of additional information fields relating to mutual funds and securities holdings, subject to appropriate consent and safeguards."Addressing cross-platform friction in the consent-based data ecosystem, Pandey threw SEBI's weight behind account aggregator interoperability, welcoming the Reserve Bank of India’s recent announcement on the matter.Under the current architecture, data access can often be restricted by bilateral tie-ups between specific Financial information providers (FIPs) and individual account aggregators. Interoperability is expected to dismantle these silos."Once implemented, interoperability would allow investors to share financial information more seamlessly, without being constrained by contractual relationships between a particular financial information provider and an account aggregator," Pandey said.While SEBI is engaging with industry alliance sahamati and market participants to drive broader adoption of the AA mechanism, Pandey stressed that expansion must not come at the cost of investor protection."As the ecosystem expands, the focus must increasingly shift to data quality, reliability, security, meaningful consent, grievance redressal, and accountability," Pandey emphasized, pointing out that sahamati, in its capacity as a self-regulatory organization (SRO), can play an instrumental role in standardizing technical and operational protocols across the board.The regulator believes a fully integrated financial view will serve as a foundation for broader market benefits, enabling "more holistic investment advice, better financial planning, more informed investment decisions, and improved investor services."You use AI every day. Now get your AI Quotient. Take the AIQ test.