The annual festival held in the Malyalam month of Kumbham is one of the most well-known festivals of Kerala. The festival and the temple are dedicated to Goddess Bhagavathy. Almost all the folk arts of South Kerala are presented at the temple. The all-night Kathakali performances are a must-see for Kathakali buffs.

Some other spectacular features include a Kettukazhcha procession, Kuthiyottam, Padayani, Kolkali and Ammankudam. The Kettukazhcha, a ceremonious procession that draws large crowds of devotees includes brightly decorated structures, the tall and bigger ones assumed as horses and smaller one as chariots, cultural performances forming part of the spectacular pageant.