The main festivals and mela celebrated here are Kartik Purnima and Buddha Jayanti.
According to legend, 6000 years ago Prince Mahasatwo (also known as Ngingdui Tshenpo) discovered a starving tigress and her five cubs.
To save the lives of the tigers, Mahasatwo cut his body so that the warm blood drew the tigress to him.
The bones of the prince were brought back to the village and buried in a tomb which became the stupa of Namo Buddha.
The Shree Mangal Dvip Branch School for young monks is also part of the monastery complex.