Tax Treament for fund of funds???

The tax treatment on a fund of fund (FoF) scheme is similar to those of debt funds, because all FoFs are treated as debt funds as far as tax treatment is concerned.

Tax treatment for fund of funds:

Gains from FoFs are taxed on a par with debt MFs even if the underlying funds are all equity funds.

• Long Term Capital Gain Tax(after 1 year) of 11.33 % without indexation or 22.66 % with indexation will be applicable
• Short Term Capital Gains (before 1 Year) applicable as per tax slab for the investor

check this article Fund of Funds