That exists already, Ganesh. If you look in Tools > Options > Hotkeys and 
then scroll down to the "Tasks" group, you'll find "Toggle folder" as a 
Hotkey to which you can assign your own key combination.

All the best,
Stéphane

On Monday, 2 January 2023 at 10:07:33 UTC Ganesh Ram Jayaraman wrote:

> Is there a possibility to assign hotkey for converting tasks or project to 
> folder? 

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