In a large mixing bowl, mix the flour, sugar, brown sugar, baking powder, baking soda, and nutmeg,
Add the butter.
Add the vegetable oil, eggs: vanilla, and milk. Mix well.
Knead a few times until the dough comes together.
In a small bowl, add the sugar and ground cinnamon.
Grease your donut pan, roll your dough into a bowl, and then roll it into the topping. As you do this, place them in your donut pan.
Then add the pan to your air fryer set the temperature to 320 degrees F for 7 to 10 minutes. (air fryer setting)
Roll in Powdered sugar.
Plate, serve, and enjoy!