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

1. 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.

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

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

4. Such other instruments as declared by the central government and Rights or interest in securities.

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