Euronext Amsterdam · UCITS ETF
Invest in PLAY ETF from India
Indian and foreign residents can buy iShares Digital Entertainment and Education UCITS ETF (PLAY) units directly through Paasa.
By Paasa · Updated
PLAY at a glance
- Price
- $15.08+$0.05 (0.34%)
- Expense ratio
- 0.4%
- Day range
- $14.94 – $15.10
- Assets
- $77.5M
- Domicile
- Ireland
- Holdings
- 81
- Launched
- 2022
- Dividends
- —
- 1 month
- +1.75%
- 6 months
- +37.46%
- YTD
- +32.86%
- 1 year
- +24.73%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1META PLATFORMS CLASS A9.9%
- 2APPLE9.2%
- 3NVIDIA8.5%
- 4SAMSUNG ELECTRONICS LTD6.2%
- 5ADVANCED MICRO DEVICES5.5%
- 6SPOTIFY TECHNOLOGY4.7%
- 7NINTENDO4.7%
- 8MEDIATEK4.5%
- 9TAKE TWO INTERACTIVE SOFTWARE4.0%
- 10LENOVO GROUP3.8%
PLAY holds 81 securities in total. These 10 are 60.9% of the fund.
Where the money is invested
Sectors
- Information Technology45.9%
- Communication44.0%
- Consumer Discretionary9.7%
- Industrials0.0%
Countries
- United States59.5%
- Japan9.1%
- South Korea8.5%
- Sweden6.0%
- Taiwan5.3%
- Hong Kong4.5%
How to invest in PLAY 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 PLAY and buy
Find the fund by its ticker, PLAY, on Euronext Amsterdam, and place your order.
Why invest in PLAY from India
What PLAY holds
The Fund aims to achieve a return on your investment, through a combination of capital growth and income, which reflects the return of the STOXX Global Digital Entertainment and Education Index.
Outside US estate tax
PLAY 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
PLAY 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 PLAY's UCITS structure matters for Indian investors
PLAY 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 PLAY from India?
Yes. Indian residents can buy iShares Digital Entertainment and Education UCITS ETF (PLAY) through Paasa. It is listed on Euronext Amsterdam 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 PLAY invest in?
iShares Digital Entertainment and Education UCITS ETF holds 81 securities. Its largest holdings are META PLATFORMS CLASS A (9.9%), APPLE (9.2%) and NVIDIA (8.5%). Information Technology is its largest sector at 45.9%. The fund is domiciled in Ireland.
What is the expense ratio of PLAY?
iShares Digital Entertainment and Education UCITS ETF has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about $77.5M.
Is PLAY a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Digital Entertainment and Education 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 PLAY?
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.