Public sector lender Dena Bank, has entered into an agreement with Fidelity Mutual Fund, for the distribution of its products.

Under the arrangement, Fidelity Mutual Fund's entire range of mutual funds will now be available at the branches of Dena Bank.

Dena bank's latest tie-up with Fidelity Mutual Fund is considered by market experts, as another step towards fulfilling lender's commitment to its customers to bring to them a variety of savings and investment solutions.

With this tie-up, now Dena Bank's customers will have the convenience of buying Fidelity's mutual funds from its branches.

Fidelity International's Indian asset management company started operations in the country in 2004. Its first fund, the Fidelity Equity Fund, was launched in March 2005.

Today, with total assets under management of over Rs. 8600 crores (Source: AMFI average AUM in May 2009) and more than 1.6 million customer accounts.