SBI Funds Joins Hand With Dena Bank

Mumbai: SBI Funds Management Pvt Ltd, the investment managers for SBI Mutual Fund, has joined hands with Dena Bank to enhance the fund's reach. The total assets under management of SBI Mutual Fund is Rs 25,862 crore as of July 31, 2007. Bank branches are being converted into financial super markets providing a host of financial solutions like banking, insurance, and investments to customers under one roof.