Mutual fund Fund of fund taxation

Zerodha Coin - Direct MF
1

I sold Navi US Total Stock Market Fund of Fund recently. Why Navi US Total Stock Market Fund of Fund - is categorized under the debt category in tax P&L?

2

@Quicko - Does Navi US Total Stock Market Fund of Fund come under the debt category - pls advice?

3

@GopiKiran this depends on the underlying of the MF, any of the MF with foreign underlying are marked under debut tax category, you can check out the SID and factsheet of the scheme as well.,