The fairs of the valley portray rich cultural heritage of the valley. These fairs carry enormous religious worth and preserve a rich heritage native's belief in divine powers.

During these fairs, the spirit of Kullu is visible on the faces of gay people. These simple rural folks take delight in songs, dances, laughter and celebration. The people are in a happy and festive mood. They visit their relatives to greet them. On the day of fair the guests are heartily welcomed and the hosts feel great honour in serving them with food and drinks. For local people, it is time to relax and enjoy with their friends and relatives.

Phalgun month (mid-February and mid-March) marks the beginning of fairs and festivals in the valley. Fair of Phagli is held between mid-February to mid- March. The fair depicts victory of sages Manu and Shandalya over demon Tundi Raksh. From this day onwards, there are various fairs taking place at almost every village.

Nowadays, these fairs also have economic importance besides religious significance. During these fairs, people buy and sell various articles of basic necessity. Even as the years have passed, people still celebrate these fairs with full enthusiasm and exuberance as it used to be in the good old days.