The phalashruti (meritorious verse) of the hymn says that one who reads the text every day with full devotion achieves name, fame, wealth and knowledge in his life.

While Vaishanvas venerate other deities, they believe that the universe, including the other divinities such as Shiva and Devi, are ultimately a manifestation of the Supreme Vishnu.

[6] Again, he notes that "only Hari (Vishnu) is eulogized by names such as Shiva",[7] a position consistent with interpretations of the Srivaishnavite commentator Parasara Bhattar.

[8] However, this interpretation of the name Shiva has been challenged by Swami Tapasyananda's translation of Shankara's commentary on the Vishnu Sahasranama.

However, it is important to realize that those verses in those puranas are not to be interpreted literally, as many believe that there is no difference between Vishnu and Krishna and Rama.

For example, the 135th name of Vishnu, Dharmadhyaksha, in Sankara's interpretation means, "One who directly sees the merits (Dharma) and demerits (Adharma), of beings by bestowing their due rewards on them.

[14] Sections from Swami Tapasyananda's translation of the concluding verses of Vishnu Sahasranama, state the following: "Nothing evil or inauspicious will befall a man here or hereafter who daily hears or repeats these names."

[15] In the commentary to this sloka Sankara states that a fall akin to that of king Nahusha will not happen to that devotee who recites Vishnu Sahasranama daily.