Tövkhön Monastery (Mongolian: Төвхөн хийд), one of Mongolia's oldest Buddhist monasteries, is located in Övörkhangai Province, Mongolia, about 47 km (29 mi) southwest of Kharkhorin.

The monastery was first established in 1648, by the then-14-year-old Zanabazar, the first Jebtsundamba Khutuktu and spiritual head of Tibetan Buddhism for the Khalkha in Outer Mongolia.

Zanabazar, who was a gifted sculptor, painter, and musician, used the monastery, originally called Bayasgalant Aglag Oron (Happy Secluded Place), as his personal retreat over the course of 30 years.

Restored in 1773, the monastery suffered severe damage during the Stalinist purges of the late 1930s, as Mongolia's communist regime sought to destroy the Buddhist religion in the country.

Ceremonies were staged to re-consecrate the monastery and a new statue of Gombo Makhagal (Mahakala) was carved and placed there.