Sharad Purnima is recognized as Kojaagari Purnima. This day is commemorated on a full moon day of the Hindu lunar month of Ashwin. It is also identified as Kaumudi (moonlight) commemoration. It is hoped that on the day of Sharad Purnima, the Moon via its beams inundates amrit on earth. The luster of the full moon gives joy on earth.
Word ‘Sharad’ in Sharad Purnima indicates the ‘Sharad ritu’. This day marks great significance among people. It is hoped that people who pray Lord Lakshmi on this night gets lot of benefit.
It is believed that Lord Lakshmi was born on Sharad Purnima. People do fast on this day. After the finish of the fast, people consume cold milk and rice flakes.
This day marks great significance among people after durga puja. This festival is commemorated in every residence of West Bengal. In Orissa, it is commemorated as Kumar Purnima.
On Sharad Purnima, Unmarried girls who desire for a handsome husband pray Kumar.
Hindus hope that God Krishna starts his Raas Leela with Radha and the gopis on the dark of Sharad Purnima.