The festival marks the sun’s transit into Makara (Capricorn), which means the end of the winter solstice and the start of longer days is observed at the beginning of the Nepali month of Magh. Newar community observes this festival as ‘Ghyo Chaku Sanhu’ by having ghyo (ghee), chaku with Samay baji. This festival is also celebrated in the Newar community by getting an oil massage on the scalp in the Sun from elder members of the family. Likewise,the Tharu community mark this day as the beginning of the New Year.

Shree Panchami is regarded as an auspicious day for performing traditional marriage rituals or other life rituals. The wall of Swaraswati temples across the country are scribbled by Nepali Alphabet, numbers and slokas. In LMC, there are Saraswati temples in every neighbourhood and townships of which Saraswati Nani (courtyard) near the Golden Temple in Patan.