Located around 26 kilometers away from Leh, on the picturesque Indus Valley, Matho Monastery is a Tibetan Buddhist monastery built under the Saskya Monastic Establishment. It was constructed around 500 years ago. It was established by Lama Dugpa Dorje in 1410, who belongs to Sakya order. It houses a marvelous collection of ancient Thangas and known for its Matho Nagrang Festival. It is an annual festival which takes place in the first half of March. It is a nice place where you can understand Buddhist teachings and philosophies. The nearby attraction of this place is Stakna Gompa.