Three options would be given to the recipients of the units, which includes festival cash option, under which once in a year on the occasion of a chosen festival the unit-holder could withdraw a part of the money. Under growth option, the investor could withdraw money partly or fully after completion of three years from subscription. The third option, called "Gold Redemption Option," is unique in a way as it allows unit-holders to encash the units in the form of gold and it would keep earning interest till then. This will have some lock-in period, which is yet to be decided by the trust. "The third option takes into a account the typical Indian woman's dream - gold, which by itself cannot give an assured return. Thus, it has been positioned to satisfy two needs, to give a feeling that they have gold, and that it's also earning some returns," Dr Nayak said.

However, the trust is yet to designate a bank to facilitate such encashment of units at the market price of this precious metal prevailing at the time of redemption. Such a bank should have the required infrastructure and expertise to service the needs at several branches in the country.