The four main categories of securities are Equity securities, Debt securities, Derivative securities, and Hybrid securities. LAS-approved securities include DEMAT shares, LIC policies, Physical shares, UTI Bonds, Non-convertible debentures NCD, Mutual fund units (not exempt from capital gain tax), Kisan Vikas Patra (KVP), Gold deposit certificates, NABARD Bonds, and National Savings Certificate (NSC), and other securities. The types mentioned above of securities qualify as collateral for a loan against stock contracts.