This Mahamantra mantra of Maa Lakshmi is supposed to provide wealth, opulence, good luck, and fame. It is considered beneficial to chant the mantra 108 times on a Friday by lighting a lamp of sesame oil.
 
Chanting the Shri Lakshmi Mahamantra with faith and devotion is believed to invoke the blessings of Goddess Lakshmi and bring about material and spiritual prosperity. It's recommended to chant this mantra regularly, preferably during the auspicious times of the day such as sunrise or sunset, while maintaining a pure and focused intention. Additionally, offering flowers, incense, and prayers to Goddess Lakshmi can enhance the efficacy of the mantra practice.