Ura valley in Bumthang is known for its famous festival known as the Ura Yakchoe. This festival that is held annually in the month of May is a festival where a sacred and an important relic are put on display for the people to receive blessings. Myth has it that one day an old woman while sitting outside her house had a visitor, a lama who asked her for a glass of water. When she came out with a glass of water, the lama had vanished leaving behind a sack. Out of curiosity, she checked the bag and found a statue that is now being displayed annually. The festival begins with reception of the main relics from Gaden lhakhang on the first day and ends touring the relics round the village on final day.