diff --git a/tokio/src/io/async_fd.rs b/tokio/src/io/async_fd.rs
index aaf175841..96d0518a6 100644
--- a/tokio/src/io/async_fd.rs
+++ b/tokio/src/io/async_fd.rs
@@ -3,6 +3,8 @@ use crate::runtime::io::{ReadyEvent, Registration};
 use crate::runtime::scheduler;
 
 use mio::unix::SourceFd;
+use std::error::Error;
+use std::fmt;
 use std::io;
 use std::os::unix::io::{AsRawFd, RawFd};
 use std::{task::Context, task::Poll};
@@ -249,15 +251,69 @@ impl<T: AsRawFd> AsyncFd<T> {
         handle: scheduler::Handle,
         interest: Interest,
     ) -> io::Result<Self> {
+        Self::try_new_with_handle_and_interest(inner, handle, interest).map_err(Into::into)
+    }
+
+    /// Creates an [`AsyncFd`] backed by (and taking ownership of) an object
+    /// implementing [`AsRawFd`]. The backing file descriptor is cached at the
+    /// time of creation.
+    ///
+    /// Only configures the [`Interest::READABLE`] and [`Interest::WRITABLE`] interests. For more
+    /// control, use [`AsyncFd::try_with_interest`].
+    ///
+    /// This method must be called in the context of a tokio runtime.
+    ///
+    /// In the case of failure, it returns [`AsyncFdTryNewError`] that contains the original object
+    /// passed to this function.
+    ///
+    /// # Panics
+    ///
+    /// This function panics if there is no current reactor set, or if the `rt`
+    /// feature flag is not enabled.
+    #[inline]
+    #[track_caller]
+    pub fn try_new(inner: T) -> Result<Self, AsyncFdTryNewError<T>>
+    where
+        T: AsRawFd,
+    {
+        Self::try_with_interest(inner, Interest::READABLE | Interest::WRITABLE)
+    }
+
+    /// Creates an [`AsyncFd`] backed by (and taking ownership of) an object
+    /// implementing [`AsRawFd`], with a specific [`Interest`]. The backing
+    /// file descriptor is cached at the time of creation.
+    ///
+    /// In the case of failure, it returns [`AsyncFdTryNewError`] that contains the original object
+    /// passed to this function.
+    ///
+    /// # Panics
+    ///
+    /// This function panics if there is no current reactor set, or if the `rt`
+    /// feature flag is not enabled.
+    #[inline]
+    #[track_caller]
+    pub fn try_with_interest(inner: T, interest: Interest) -> Result<Self, AsyncFdTryNewError<T>>
+    where
+        T: AsRawFd,
+    {
+        Self::try_new_with_handle_and_interest(inner, scheduler::Handle::current(), interest)
+    }
+
+    #[track_caller]
+    pub(crate) fn try_new_with_handle_and_interest(
+        inner: T,
+        handle: scheduler::Handle,
+        interest: Interest,
+    ) -> Result<Self, AsyncFdTryNewError<T>> {
         let fd = inner.as_raw_fd();
 
-        let registration =
-            Registration::new_with_interest_and_handle(&mut SourceFd(&fd), interest, handle)?;
-
-        Ok(AsyncFd {
-            registration,
-            inner: Some(inner),
-        })
+        match Registration::new_with_interest_and_handle(&mut SourceFd(&fd), interest, handle) {
+            Ok(registration) => Ok(AsyncFd {
+                registration,
+                inner: Some(inner),
+            }),
+            Err(cause) => Err(AsyncFdTryNewError { inner, cause }),
+        }
     }
 
     /// Returns a shared reference to the backing object of this [`AsyncFd`].
@@ -1257,3 +1313,47 @@ impl<'a, T: std::fmt::Debug + AsRawFd> std::fmt::Debug for AsyncFdReadyMutGuard<
 /// [`try_io`]: method@AsyncFdReadyGuard::try_io
 #[derive(Debug)]
 pub struct TryIoError(());
+
+/// Error returned by [`try_new`] or [`try_with_interest`].
+///
+/// [`try_new`]: AsyncFd::try_new
+/// [`try_with_interest`]: AsyncFd::try_with_interest
+pub struct AsyncFdTryNewError<T> {
+    inner: T,
+    cause: io::Error,
+}
+
+impl<T> AsyncFdTryNewError<T> {
+    /// Returns the original object passed to [`try_new`] or [`try_with_interest`]
+    /// alongside the error that caused these functions to fail.
+    ///
+    /// [`try_new`]: AsyncFd::try_new
+    /// [`try_with_interest`]: AsyncFd::try_with_interest
+    pub fn into_parts(self) -> (T, io::Error) {
+        (self.inner, self.cause)
+    }
+}
+
+impl<T> fmt::Display for AsyncFdTryNewError<T> {
+    fn fmt(&self, f: &mut fmt::Formatter<'_>) -> fmt::Result {
+        fmt::Display::fmt(&self.cause, f)
+    }
+}
+
+impl<T> fmt::Debug for AsyncFdTryNewError<T> {
+    fn fmt(&self, f: &mut fmt::Formatter<'_>) -> fmt::Result {
+        fmt::Debug::fmt(&self.cause, f)
+    }
+}
+
+impl<T> Error for AsyncFdTryNewError<T> {
+    fn source(&self) -> Option<&(dyn Error + 'static)> {
+        Some(&self.cause)
+    }
+}
+
+impl<T> From<AsyncFdTryNewError<T>> for io::Error {
+    fn from(value: AsyncFdTryNewError<T>) -> Self {
+        value.cause
+    }
+}
diff --git a/tokio/src/io/mod.rs b/tokio/src/io/mod.rs
index 5e903c048..7dab413ce 100644
--- a/tokio/src/io/mod.rs
+++ b/tokio/src/io/mod.rs
@@ -245,7 +245,7 @@ cfg_net_unix! {
 
     pub mod unix {
         //! Asynchronous IO structures specific to Unix-like operating systems.
-        pub use super::async_fd::{AsyncFd, AsyncFdReadyGuard, AsyncFdReadyMutGuard, TryIoError};
+        pub use super::async_fd::{AsyncFd, AsyncFdTryNewError, AsyncFdReadyGuard, AsyncFdReadyMutGuard, TryIoError};
     }
 }
 
diff --git a/tokio/tests/io_async_fd.rs b/tokio/tests/io_async_fd.rs
index 1fb203a65..6f8a10aef 100644
--- a/tokio/tests/io_async_fd.rs
+++ b/tokio/tests/io_async_fd.rs
@@ -18,6 +18,7 @@ use nix::unistd::{close, read, write};
 use futures::poll;
 
 use tokio::io::unix::{AsyncFd, AsyncFdReadyGuard};
+use tokio::io::Interest;
 use tokio_test::{assert_err, assert_pending};
 
 struct TestWaker {
@@ -834,3 +835,32 @@ async fn await_error_readiness_invalid_address() {
     let guard = fd.ready(Interest::ERROR).await.unwrap();
     assert_eq!(guard.ready(), Ready::ERROR);
 }
+
+#[derive(Debug, PartialEq, Eq)]
+struct InvalidSource;
+
+impl AsRawFd for InvalidSource {
+    fn as_raw_fd(&self) -> RawFd {
+        -1
+    }
+}
+
+#[tokio::test]
+async fn try_new() {
+    let original = Arc::new(InvalidSource);
+
+    let error = AsyncFd::try_new(original.clone()).unwrap_err();
+    let (returned, _cause) = error.into_parts();
+
+    assert!(Arc::ptr_eq(&original, &returned));
+}
+
+#[tokio::test]
+async fn try_with_interest() {
+    let original = Arc::new(InvalidSource);
+
+    let error = AsyncFd::try_with_interest(original.clone(), Interest::READABLE).unwrap_err();
+    let (returned, _cause) = error.into_parts();
+
+    assert!(Arc::ptr_eq(&original, &returned));
+}
diff --git a/tokio/tests/io_panic.rs b/tokio/tests/io_panic.rs
index b2cbad275..9e4cda21f 100644
--- a/tokio/tests/io_panic.rs
+++ b/tokio/tests/io_panic.rs
@@ -175,3 +175,48 @@ fn async_fd_with_interest_panic_caller() -> Result<(), Box<dyn Error>> {
 
     Ok(())
 }
+
+#[test]
+#[cfg(unix)]
+fn async_fd_try_new_panic_caller() -> Result<(), Box<dyn Error>> {
+    use tokio::io::unix::AsyncFd;
+    use tokio::runtime::Builder;
+
+    let panic_location_file = test_panic(|| {
+        // Runtime without `enable_io` so it has no IO driver set.
+        let rt = Builder::new_current_thread().build().unwrap();
+        rt.block_on(async {
+            let fd = unix::MockFd;
+
+            let _ = AsyncFd::try_new(fd);
+        });
+    });
+
+    // The panic location should be in this file
+    assert_eq!(&panic_location_file.unwrap(), file!());
+
+    Ok(())
+}
+
+#[test]
+#[cfg(unix)]
+fn async_fd_try_with_interest_panic_caller() -> Result<(), Box<dyn Error>> {
+    use tokio::io::unix::AsyncFd;
+    use tokio::io::Interest;
+    use tokio::runtime::Builder;
+
+    let panic_location_file = test_panic(|| {
+        // Runtime without `enable_io` so it has no IO driver set.
+        let rt = Builder::new_current_thread().build().unwrap();
+        rt.block_on(async {
+            let fd = unix::MockFd;
+
+            let _ = AsyncFd::try_with_interest(fd, Interest::READABLE);
+        });
+    });
+
+    // The panic location should be in this file
+    assert_eq!(&panic_location_file.unwrap(), file!());
+
+    Ok(())
+}