Akshaya Trithiya, or Akha Teej, is a highly auspicious day which falls on the third day after Amavasi (no moon) in the Hindu month of Vaishakha. In 2016 the date of Akshaya Trithiya is May 9. As per Hindu astrology and almanac, each second on the Akshaya Trithiya day is auspicious. It is said that there is no need to look for a ‘muhurat’ on the day. The word Akshaya means ‘that which never diminishes’ and the day is ideal for beginning new ventures as it is believed that all investments on this day appreciates.

 

In a traditional Hindu lunar calendar, Akshay Tritiya is observed on the third day of Shukla Paksha (waxing phase of moon) in Vaishakh Month.

 

It is believed that the sun and the moon are most radiant and best placed on the day. Therefore it is one of the most popular dates in Hindu calendar for marriages, for beginning new ventures, for investing and for purchasing valuables like gold and diamond.