Ind Quiz : Hybrid mutual funds invest in both stocks and debt. What is the tax on gains made by investors in these funds?

Hybrid mutual funds invest in both stocks and debt. What is the tax on gains made by investors in these funds? Ind Quiz Answer

Q1# Hybrid mutual funds invest in both stocks and debt. What is the tax on gains made by investors in these funds?
Taxed like a equity funds
Taxed like a debt funds
Depends upon equity and debt portion

None of these

Correct Answer 4 is: Depends upon equity and debt portion

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