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?

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[Expert]

It normally takes 2:30PM as cutoff time. So if the amount is invested before that than that date NAV will be charged otherwise next day's. So in your case your amount is before 2:30PM so same date NAV will be charged.