The minimum permissible limit of investment is 1 gram and the maximum limit is 4kg for Individuals, 4 Kgs for HUF, and 20 Kgs for trusts and similar entities per fiscal year. Joint holding is allowed and the limit applies to the first applicant. The annual ceiling would include bonds subscribed under different tranches during initial issuance by Government and those purchased from the secondary market. The ceiling on investment will not include the holdings as collateral by banks and other Financial Institutions.