London Stock Exchange ETF segment · UCITS ETF
Invest in HERU ETF from India
Indian and foreign residents can buy Global X - Video Games & Esports UCITS ETF (HERU) units directly through Paasa.
By Paasa · Updated
HERU at a glance
- Price
- $12.79-$0.03 (0.20%)
- Expense ratio
- 0.5%
- Day range
- $12.77 – $12.91
- Assets
- $4.7M
- Domicile
- Ireland
- Holdings
- 42
- Launched
- 2020
- Dividends
- —
- 1 month
- -2.55%
- 6 months
- +5.32%
- YTD
- -10.40%
- 1 year
- -19.89%
- 5 years
- -6.77%
Price change, excluding dividends.
Top 10 holdings
- 1OTHER PAYABLE & RECEIVABLES11.0%
- 2INTERNATIONAL GAMES SYSTEM C6.7%
- 3UNITY SOFTWARE INC6.1%
- 4CAPCOM CO LTD5.8%
- 5NEXON CO LTD5.2%
- 6SQUARE ENIX HOLDINGS CO LTD5.2%
- 7KONAMI GROUP CORPORATION5.1%
- 8NINTENDO CO LTD5.0%
- 9NC CORP4.6%
- 10KINGSOFT CORP LTD4.6%
HERU holds 42 securities in total. These 10 are 59.2% of the fund.
Where the money is invested
Sectors
- Communication Services90.9%
- Technology7.8%
- Industrials1.3%
Countries
- Japan35.1%
- United States16.0%
- China15.2%
- South Korea12.9%
- Sweden4.8%
- Taiwan4.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| HERONASDAQGlobal X Video Games & Esports ETF | 0.5% | 61.9M |
| HERGLSEGlobal X - Video Games & Esports UCITS ETF | 0.5% | 189.4K |
Assets are shown in each fund's own reporting currency.
How to invest in HERU from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search HERU and buy
Find the fund by its ticker, HERU, on the London Stock Exchange ETF segment, and place your order.
Why invest in HERU from India
What HERU holds
The Global X Video Games & Esports UCITS ETF, trading under the ticker HERU LN, is designed to broadly reflect the overall financial performance—including both capital appreciation and income—of the Solactive Video Games & Esports v2 Index. This objective is pursued prior to the deduction of any management fees or operating expenses.
Outside US estate tax
HERU is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
HERU is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why HERU's UCITS structure matters for Indian investors
HERU is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy HERU from India?
Yes. Indian residents can buy Global X - Video Games & Esports UCITS ETF (HERU) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does HERU invest in?
Global X - Video Games & Esports UCITS ETF holds 42 securities. Its largest holdings are OTHER PAYABLE & RECEIVABLES (11.0%), INTERNATIONAL GAMES SYSTEM C (6.7%) and UNITY SOFTWARE INC (6.1%). Communication Services is its largest sector at 90.9%. The fund is domiciled in Ireland.
What is the expense ratio of HERU?
Global X - Video Games & Esports UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $4.7M.
Is HERU a UCITS ETF, and why does that matter for Indian investors?
Yes. Global X - Video Games & Esports UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
What tax do I pay in India when I sell HERU?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.