Located around 52 Kms from Leh, know as Klu-Kkhjil (water spirits) founded in the 11th century AD and was rededicated to another monastic order (the yellow sect) in the 15th century, its earlier gompa was destroyed in fire. The present gompa dates back to the 18th century.
It contains huge clay images of Buddha's (past, present & future) and various old manuscripts. It also houses an interesting collection of thankas, old religious and domestic costumes and implements etc. The site of the monastery was encircled by the bodies of two great spent spirits. Therefore, name became widely renowned as Likir. In the 15th century the disciple of Khasdubje know a lhawang Lodos Sangphu caused the monastery to flourish. This monastery also belongs to Gaylukpa school. Every year from the 17th to 19th of the 12th month the Likir festival is held.