New Delhi, Aug. 10 -- SBI Mutual Fund recently announced the launch of a thematicmutual fund i.e., SBI Innovative Opportunities Fund, which opened for public subscription on July 29, and will close on August 12, 2024.

The keyinvesting strategy of this scheme is to invest in a set of companies which significantly invest in R&D for new innovations, or those that innovate new processes, or which adapt to innovative business models within their own industry, and exhibit innovative strategies in specific segments that have potential to impact the business.

It is an open-ended equity scheme which falls under the category of 'thematic fund' and will invest in the theme of innovative opportunities.

The investment objective of the scheme is to ...