Mumbai, Feb. 19 -- Mahindra Manulife Mutual Fund, a joint venture between Mahindra & Mahindra Financial Services Limited and Manulife Investment Management (Singapore) Pte. Ltd., said on Monday that it has launched a new New offer, 'Mahindra Manulife Multi Asset Allocation Fund' for investors looking to invest in diversified asset classes (equity, debt, and units of gold or silver ETFs and other gold or silver-related instruments, (including exchange-traded commodity derivatives).

The NFO of the scheme shall be open for subscription from February 20 to March 5, 2024. The scheme will subsequently reopen for continuous sale and repurchase on March 15, 2024.

The scheme aims to balance risk and reward by apportioning investments across speci...