Parshuram is revered as a symbol of righteousness, valor, and dedication to duty. He is often depicted wielding an axe, symbolizing his warrior nature and his role as a protector of dharm (righteousness).

It typically falls on the third day of the Shukla Paksha (waxing phase of the moon) in the Hindu month of Vaishakh, which usually corresponds to April or May in the Gregorian calender