REIT Funds of Funds Scheme- Kotak Mahindra AMC

Current Context: The Kotak Mahindra Asset Management Company (Kotak Mutual Fund) launched Kotak International REIT (Real Estate Investment Trust) Fund of Funds.

• It is termed as India’s first REIT Mutual Fund.
• The Kotak international REIT Fund of Funds is basically an open-ended mutual fund scheme. It invests in units of SMAM Asia REIT Sub Trust Fund and provides long term capital appreciation and income.
• This Kotak’s REIT Mutual Fund invest in real estate projects like residential, office, data centres and hospitality. 
• About SMAM Asia REIT Sub Trust Fund: It is one of the largest Asia Pacific REIT funds (Excluding Japan) which invest in listed REITs in the Asia Pacific region. It is managed by Sumitomo Mitsui DS Asset Management Company.
• Static Part: 
• HQ of Kotak Mahindra AMC: Mumbai
• MD of Kotak Mahindra AMC: Nilesh Shah

Question: 

Q.1 Who among the following launched India’s first REIT Mutual Fund which is REIT Fund of Funds Scheme?
a. Kotak Mahindra AMC
b. UTI Mutual Funds
c. SBI Mutual Funds
d. Birla Sun Life AMC