Akshaya Tritiya Significance Akshaya Tritiya, also known as Akha Teej, Akheti somewhere, is a holy day according to Ethics in Hindu. It falls on the third Tithi (lunar day) of Bright Half (Shukla Paksha) of the Hindu month Vaishakha, and one of the four most important days for Hinduism. This also an auspicious day celebrated as Lord Parasurama Jayanti, the sixth incarnation of God Vishnu. On this day Veda Vyas and God Ganesha began to write Mahabharata.