Japan's Sumitomo Mitsui Trust Bank, Limited (SuMiTB) on Friday announced its maiden investment in the Indian realty sector, committing an undisclosed sum in a fund promoted by HDFC Capital, the realty-focused private equity arm of the financial services group.

The investment has been made in the HDFC Capital Development of Real Estate Affordable and Mid-Income Fund (H-DREAM Fund), which is targeting to raise up to USD 1 billion, according to an official statement.