Are gains from 'HDFC Developed World Indexes Fund of Funds' taxed like an equity mutual fund?

This is a fund of funds investing in foreign equity funds.

Fund portfolio

Fund allocation
CSIF (IE) MSCI USA Blue UCITS ETF 70.61%
CSIF (Lux) Equity Europe 17.25%
CSIF (Lux) Equity Japan 6.19%
CSIF (Lux) Equity Canada 3.05%
CSIF (Lux) Equity Pacific ex Japan 2.83%
TREPS < 1%
Net Current Assets < 1%

@Quicko

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This does not hold any Indian Equity. So gains from it will be taxed at slab rate.

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Thank you for your response, @Akash_Shah. I appreciate your tremendous support for the community. It’s amazing to have people like you around!

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