Does system will buy for me on lowest of market on SIP day?

[ag35]

I have setup a SIP for Reliance MFs for Rs. 5000/ per month for 10th of every month. Does system will buy for me on lowest or whatever price at the opening of market on SIP day?

Similar Threads:

• CIBIL developing new data system for insurers
• Passed Associate (old syllabus) - Do I have to re-register again in for Credit Point System?
• Insurance Institute of India introduced the Credit Point System for Licentiate, Associateship and Fellowship Examinations from May, 2012
• Jargon Buster: Bear market and Bull market
• Market Value & Reinstatement Value ?