If I am buying any mutual fund in lumpsum or SIP, how to know exactly what price I am hitting it at?
In case of SIP, at What price the Coin app is placing order on our behalf, say if my SIP date is falling on some Wednesday (considering no trading holidays falling within that week) and if I am having sufficient funds in my account for it.
Is there any chart, where we can see daily movement of the NAV of that particular MF?
If the order is placed before the cut-off time, the units will be allotted at the NAV of the day on which it was placed and executed.
In case, If the order is placed after the cut-off time, The units will be allotted at the next working day’s NAV as the order will be completed the next working day.
The cut-off time for liquid and Overnight schemes is 12 p.m., and for other schemes, it is 1:30 p.m. The cut-off time for redemptions of all scheme types is 1:30 pm. Learn more here.
The SIP orders will be triggered at 11 AM to the exchange. These orders can be deleted before 11 AM.
Again, the units will be allotted at the day’s nav order is executed.
