Nippon India MF launched auto ETF

Current Context: The Nippon Life India Asset Management Limited (NAM India) which is the asset manager of Nippon India Mutual Fund (NIMF) launched Nippon India Nifty Auto ETF.

• The offer for the new fund will be open from 5th Jan 2022 to 14th Jan 2022.
• The minimum amount of investment is Rs 1000 and investors can add Re 1 thereafter.
• It is basically an open-ended scheme.
• It will replicate the Nifty Auto Index as ETF will predominantly invest in stocks comprising the Nifty Auto Index in the same proportion which will further provide exposure to top 15 companies dealing in various domains like automobiles 4 wheelers, automobiles 2 and 3 wheelers, auto ancillaries, and tyres.
• The auto ETF will showcase the behavior and performance of the Automobiles sector and will be a benchmark against Nifty Auto TRI.
• Its aim is to offer investment returns in close to the total returns of the securities which are represented by the Nifty Auto Index before expenses and subject to tracking error.
• Static Part: 
• HQ of Nippon Life India Asset Management Limited: Mumbai

Question: 

Q.1 Which of the following organization launched India’s first Auto Exchange-Traded Fund?
a. DSP Mutual Fund
b. UTI Asset Management
c. Nippon Life India Asset Management Limited 

d. Aditya Birla Sun Life Asset Management