Securities are defined under Section 2(h) of the Securities Contracts (Regulation) Act, 1956 (SCRA) to include:

☛ Shares, scrips, stocks, bonds, debentures, debenture stock or other marketable securities of a like nature in or of any incorporated company or other body corporate.

☛ Derivatives.

☛ Units or any other instrument issued by any collective investment scheme to the investors in such schemes.

☛ Security receipt as defined in Section 2(zg) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.

☛ Such other instruments as declared by the central government.

☛ Rights or interest in securities.

Equity-oriented mutual funds (not debt-oriented mutual funds).