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Apr 23, 2017

Akshaya Tritiya 2017 Muhurtham - 3 Interesting Facts That You Should Know

In this article, you can get details and updates on Akshaya Tritiya 2017 muhurtham followed with latest updates and gold rates.

(Also, a video on the making of the golden ring, scroll down.)

To help traders and gold buyers for this auspicious occasion of Akshaya Tritiya.
what to do on akshaya tritiya

Akshaya Tritiya In Hindi

Below video by grahonkakhel

Let us start with some questions and answers.

What is Akshaya Tritiya?

Akshaya Tritiya which is also known as Akti in Chhattisgarh, Akha Teej in Gujarat and Rajasthan.

This day is an auspicious day for Hindus and Jains and this day falls on the third day or "thadige" in Indian Calendar (panchanga)  of Vaishaka Masa.

akha teej 2017 date

This day is also known as the birthday of Parashurama who is ninth incarnation of Lord Vishnu.

"Akshaya" itself means never diminishing and would bring good luck and success, so most people will wait for this day to start their new ventures.

Akshaya Tritiya Puja Mahurat

akshaya tritiya significance

Puja mahurat is at 10:29 a.m to 12:36 p.m on 28 April 2017

Auspicious time to buy gold on Akshaya Tritiya

Tithi begins at 10:29 a.m on 28 April 2017 and this tithi ends at 06:55 p.m on 29th April 2017

On this auspicious day, devotees worship Goddess Lakshmi and Kubera who are well known as the god of wealth.

Powerful mantras for increasing wealth on Akshaya Tritiya

Chanting this powerful mantra seven times a day while worshiping Goddess Lakshmi will help you prosper:




Lakshmi Mantra For Money

video by bhajan india

When Is Akshaya Tritiya

As per Hindu calenderAkshaya Tritiya is celebrated on 29th of April 2017 which falls on Saturday

(Some would celebrate this on 28th April 2017 that is Friday OR Shukravar which is very auspicious)  
Also, a weekend most people plan on their purchases much before this date, some people will buy gold.

3 Interesting Facts About Akshaya Tritiya

  1. On the day of Akshaya Tritiya, the sandal paste is removed and abhisheka is performed in Simhachalam in Andra Pradesh so this is the only day devotees will get to see the form of the lord.
  2. Video by 99TVTelugu
  3. Every year the Ratha Yatra festival is celebrated at Jagannath Puri. The three chariots of Jagannath (Nandhighosha), Baladeva (Taladhvaja) and Subhadra (Darpadalana) are newly constructed every year with the wood of specific trees so the construction of the chariots for Ratha Yatra begins on the day of Akshaya Tritiya.
  4. In the temple of Kshira-chora Gopinatha (Remuna, Orissa) the Deities of Madana-Mohana, Govinda and Gopinatha are smeared with sandalwood pulp on this auspicious day of Akshaya Tritiya.

Paytm Introducing Digital Gold

Do you use digital wallets for your day to day life payments?

If your answer is yes then here is good new to you now by Paytm that you can buy and store 24k (999.9) purity gold for as low as Re 1 (one rupee)

It is a tradition in India of buying gold on many occasions include marriage, festival and other auspicious days.

Would you not find it easy to buy and store your gold easily and avoid paying heavy locker charges?

Paytm has partnered with MMTC-PAMP to launch digital gold for its customers.

So this option gives you a flexibility of buying, store and sell pure gold immediately and got it delivered to your home in the form of minted coins and sell it online instantly.

Below is a video by Paytm that explains this concept


Incorporated in India on 18 January 2008, MMTC-PAMP India Pvt Ltd., which is a joint venture between PAMP SA, Switzerland and MMTC Limited. Which is a Government of India undertaking

MMTC Limited is India's largest public sector trading organization which is engaged in the trading of several products including precious metals.

Making Of Golden Ring

Video by WildFilmsIndia

What to do on Akshaya Tritiya

It is believed that whatever you buy on this auspicious day it will multiply, grow and bring you good luck.

Perform shraddha ceremony on Akshaya Tritiya day to help departed souls, in turn, this will help them to avoid sufferings for their sinful reactions.

Annadana, provide food to hungry and by doing this they will be gain "punya" in return this will help them lead their life happily.

Donate to charitable causes, traditionally rich people of the society used to perform “homa” and distribute their wealth as charity on many auspicious days.

So helping poor by donating them with money, buying them medicine and supporting orphanages.

Help poor children for their education.

BSE, NSE Extend Trading Hour For Gold ETFs, SGB

On the auspicious day of Akshaya Tritiya NSE and BSE to have to extend trading hours from 14:30 till 19:00 hours on 28 April 2017.

This will help all Gold ETF and Sovereign Gold Bond, traders.

What is Gold Exchange Traded Fund?

Gold ETF which is also known as Gold Exchange Traded Fund is a simple way of investing in gold using your trading account.

ETFs are traded on National Stock Exchange like other stocks where it gives your flexibility to buy and sell it similar to your stocks or shares of any company which is traded in the stock market.

You can have complete list of ETFs traded here

Below is video by Bloomberg UTV India explaining Gold ETF

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