Bhagya Lakshmi (transl. Lakshmi's Fate) is an Indian Hindi-language romantic drama television series premiered on 3 August 2021 on Zee TV and streams digitally on ZEE5. Produced by Ekta Kapoor and Shobha Kapoor's Balaji Telefilms, it is a spin-off of Kumkum Bhagya and Kundali Bhagya. One of the longest running Indian television soap opera, the series starred Aishwarya Khare and Rohit Suchanti as leads. The show went off air on 29 June 2025.
On March 24, 2025, Bhagya Lakshmi was broadcast in German by the former Zee One channel on Samsung TV Plus and Rakuten TV in German.
Contents
Plot
The story begins with Lakshmi moving from Punjab to Mumbai after her parents' death. She is forced into an arranged marriage with the wealthy Rishi Oberoi. Unknown to her, the marriage is a sham orchestrated by Rishi’s mother, Neelam, because a priest predicted that Lakshmi’s horoscope is the only thing that can save Rishi from a death curse (Markesh Dosh). Abhay successfully deceives Virendra into signing property documents by catching him while he is distracted by a phone call.
Malishka tampers with the brakes of Virendra's car. While Virendra is driving with Lakshmi, his car brakes fail, putting his life in grave danger. An accident occurs; Virendra's car falls into a deep ditch, Lakshmi manages to get out while Virendra falls into the ditch. Following the crash, a severely injured Virendra gets BBB hospitalized ٫ Malishka plans to kill and goes to his room to remove his oxygen mask and does it but before she succeeds Lakshmi comes to the room and Malishka puts it back and hides, Virendra then slips into coma, Malishka makes it appear Lakshmi causes the accident, Neelam and Rishi oust her from the Oberoi house and she gets into a train accident while on her way to the village and is presumed dead by the Oberois. After the 7 year leap, Lakshmi lives and raises her and Rishi's daughter Paro in her village while Rishi is shown to be married to Malishka and adopts, Rohan who turns out to be Lakshmi and Rishi's son. Virendra is stated to be dead as Neelam hates Lakshmi for the responsible for Virendra's death. Rishi meets Paro and Lakshmi meets Rohan who both unaware of their truth. Early in the month, Lakshmi discovers that she is pregnant. She attempts to share the news with Rishi, but her announcement is overshadowed when Malishka also claims to be pregnant with Rishi's child to secure her position in the Oberoi house.
Malishka’s pregnancy is actually a scheme. She secretly collaborates with Balwinder, who visits her and demands money or the baby. Rishi is initially skeptical and refuses to hold a baby shower, but Malishka manipulates the family into celebrating her "good news" anyway. Anushka is revealed to be stealing money from Rishi's wardrobe to pay off her own secret debts. When Shalu finds evidence of Anushka's misdeeds, Anushka destroys Shalu’s phone and eventually plots with a man named Neel to kidnap Shalu.
On December 4, the police find an unidentifiable corpse. Malishka tries to convince everyone it is Lakshmi's body to permanently remove her from the picture, but Lakshmi is later revealed to be alive. By late December, Balwinder openly lays claim to "his child" (the one Malishka is pretending to carry), causing panic for Malishka and Kiran. Simultaneously, Neel and Anushka's goons accidentally take an unconscious Lakshmi hostage while trying to escape. Following her failure to kill Lakshmi, Malishka and her mother, Kiran, hatch a plan to trap Rishi. Malishka drugs Rishi's drink, causing him to become intoxicated and disoriented. A drugged Rishi accidentally gets close to Lakshmi, but Malishka intervenes by rendering Lakshmi unconscious. She then positions herself in bed with Rishi so the family will "catch" them together, leading everyone to believe Rishi was intimate with Malishka.
Meanwhile, a man named Neel appears and confronts Anushka, revealing that she is already married to him and never got a divorce before marrying Aayush. He begins blackmailing her for money to keep the secret. Despite Malishka’s schemes, Rishi repeatedly tells her that he only loves Lakshmi and wants to be with her, which further fuels Malishka's vengeful actions. Shalu and Aayush become highly suspicious of Malishka’s behavior and her secret connection with Balwinder, who returns to help Malishka distract Shalu during a family party. Aayush and Harleen recover data proving that Anushka is already married to a man named Neel. Neel briefly holds Rishi and Lakshmi hostage before being arrested, though Anushka initially manages to evade capture. Aayush finally confesses his love for Shalu when he proposes marriage during the Lohri celebration in front of the entire family, shocking Neelam. Anushka later attacks Shalu with a knife, Aayush saves her and symbolically marries her by filling her hair parting with his own blood. Malishka and Kiran continue their schemes to drive Lakshmi out of the house. They attempt to frame her for stealing a valuable necklace during the Lohri festivities. Karishma and Neelam finally agree to the union, Shalu and Aayush decide to get married. However, the month is filled with attempts to sabotage their happiness: Anushka frames Shalu for stealing an engagement ring to stop the wedding.
Rishi steps in to save Shalu from being arrested, leading to a confrontation with Anushka. Lakshmi becomes highly suspicious of Balwinder's presence and follows Malishka to a hospital to uncover who she is meeting. Malishka locks Lakshmi inside a cold storage room to prevent her from revealing the truth, Anushka plots to destroy the Oberoi family by mixing poison into laddoos (sweets). Shalu catches her in the kitchen and demands she eat one to prove they are safe. In the final months, Rishi’s mother, Neelam, is murdered. Malishka successfully frames Lakshmi for the crime, leading to her arrest and deep hatred from Rishi. Shalu exposes Malishka with proof and Rishi kicks her out of Oberoi mansion.
Cast
Main
Aishwarya Khare as Lakshmi Rishi Oberoi: Kuljeet and Manoj's eldest daughter; (2021–2025)
Rohit Suchanti as Rishi Oberoi: Neelam and Virendra's son; (2021—2025)
Recurring
Neena Cheema as Harleen Oberoi: The Matriarch of Oberoi family ; Vishwas's widow; (2021–2025)
Uday Tikekar as Virendra Oberoi: Harleen and Vishwas's son; (2021-2024)
Smita Bansal as Neelam Oberoi: Virendra's widow; (2021–2025)
Trisha Sarda / Pahal Chaudhary as Parvati "Paro" Oberoi: Rishi and Lakshmi's daughter; (2024—2025) / (2025)
Hanish Kaushal / Shreyansh Kaurav as Rohan Oberoi: Rishi and Malishka’s adopted son; (2024) / (2024—2025)
Shivani Jha as Sonia Oberoi: Neelam daughter; (2021–2024)
Parakh Madan as Aanchal Oberoi: Neelam's younger sister (2024—2025)
Bebika Dhurve as Devika Oberoi: Mahendra's daughter (2021—2023)
Parull Chaudhary as Karishma Chopra: Ayushmaan and Ahana's mother (2021–2025)
Aditi Shetty as Ahana Chopra: Karishma daughter; (2021–2023)
Aman Gandhi as Ayushmaan "Ayush" Chopra: Karishma son; (2021–2025)
Veerendra Saxena as Manoj Bajwa: Preetam's brother; (2021)
Neelu Dogra as Kuljeet Bajwa: Manoj's wife; (2021)
Munira Kudrati as Shalini "Shalu" Bajwa : Kuljeet and Manoj's second daughter; (2021–2025)
Manasi Bhanushali as Bani Bajwa: Kuljeet and Manoj's youngest daughter; (2021–2024)
Other recurring cast
Ankit Bhatia as Balwinder "Ballu" Sood: Lakshmi's one-sided obsessive ex-lover; (2021–2025)
Kavita Banerjee as Sonal: Malishka's college friend (2022–2024)
Shashank Chandra as Goon's aide (2021)
Melanie Pais as Inspector Durga (2021)
Akash Choudhary as Viraj Singhania: Malishka's ex-fiancé (2021)
Kaushal Kapoor as Darshan (2021)
Mridula Oberoi as Kalyani (2021)
Firdaus as Arnav: A kick boxer and swimmer (2021)
Syed Ashraf Karim as Gurucharan Anand (2021)
Girish Thapar as Pandit (2021)
Ajay Raju as Pandit Ji (2021)
Unknown as Kamli: Balwinder's ex-wife (2022—2023)
Saurabbh Ravi Dutta as Doctor (2022)
Jyoti Mukherjee / Rajani Gupta as Anjana Kakkar: Vikrant and Puneet's mother (2023)
Mohit Malhotra as Vikrant Kakkar: Anjana's son; (2023)
Shraddha Jaiswal as Saloni Kakkar: Vikrant's wife (2023)
Sandeep Kapoor as Puneet Kakkar: Vikrant's brother (2023)
Varsha Bhagwani as Ishita Iyer: Lakshmi's friend (2023–2025)
Special appearances
Sriti Jha as Pragya Arora Mehra (2021)
Shabir Ahluwalia as Abhishek Mehra (2021)
Shraddha Arya as Dr. Preeta Arora Luthra (2021)
Dheeraj Dhoopar as Karan Luthra (2021)
Anjum Fakih as Srishti Sameer Luthra (2021)
Manit Joura as Rishabh Luthra (2021)
Supriya Shukla as Sarla Arora (2021)
Anisha Hinduja as Rakhi Luthra (2021)
Abhishek Kapoor as Sameer Luthra (2021)
Mugdha Chaphekar as Prachi Arora Kohli (2021)
Krishna Kaul as Ranbir Kohli (2021)
Production
Aishwarya Khare and Rohit Suchanti were finalised to reprise their roles as leads in May 2021 itself, but due to the lockdown in Maharashtra, they signed the contract only in June. Filming and production began on 14 June 2021 in Film City, Mumbai.
In February 2024, the narrative underwent a 7 year leap. The show completed 1000 episodes in July 2024.
In May 2025, media reports indicated that Balaji Telefilms and Zee TV initially planned a generation leap to refresh the plot. However, due to declining TRP ratings and a broader channel programming overhaul, the proposed leap was scrapped, and the makers decided to cancel the series entirely. After a successful run of 4 years, the final episode aired on 29 June 2025.
Its timeslot was filled by Tumm Se Tumm Tak.
Casting
After the leap, Krutika Khira was cast as Anushka. Also child actors, Shreyansh Kaurav and Trisha Sarda were cast as Rohan and Parvati Oberoi respectively. In June 2024, Parakh Madan joined the show in a pivotal role as sister of Neelam. In May 2025, Smita Bansal portraying Neelam quit the series, as her character wraps up. Maera Mishra who played Malishka also quit the series, ahead of her weddingand replaced by Megha Prasad from February 2025.
Reception
During its run, Bhagya Lakshmi frequently entering the national top five programs at the 5th place with a peak TRP range of 2.0 to 2.2 during (2022-2023) period. Driven by major plot points, the drama later stabilized within a modest rating range of 1.1 to 1.3. However, by mid-2024, ratings began a noticeable decline, dropping to 1.7 TRP in February before further slipping to 1.2 by July.
Fans praised the on-screen chemistry between leads Aishwarya Khare (Lakshmi) and Rohit Suchanti (Rishi), audience popularly named them as "RishMi", became one of the most popular pair of Indian Television, with reviewers noting Khare's portrayal of the resilient Lakshmi as a standout for its nuance.



