
Matho Monastery of Leh Ladakh hosts the Matho Nagrang Festival, on an annual basis. The festival takes place on the 14th and 15th day of the first month of the Tibetan calendar. All the monks participate in the sacred dances, performed at this annual event. It is believed that, during Matho Nagrang Festival, two gods, known as the Rongtsan, descend to visit the monastery. Matho Monastery also boasts of housing an amazingly rich collection of four hundred years old Thankas.
On the right side of the monastery courtyard, is the entrance to the Dukhang (the main assembly hall). Paintings of the Guardians of the Four Directions adorn the verandah of the Dukhang. Inside are two rows of seats for the lamas, along with a throne seat that is reserved for the Rimpoche, the head lama of Matho. There are four statues behind the throne seat, that of the thousand-armed Avalokitesvara, Maitreya, Sakyamuni and a blessing Buddha. The entrance wall displays Mahakala, the fiercest Buddhist guardian divinity, on the left and other protecting deities, on the right.