Ramkund, the 'Ganges' of the south, is the most important and holy place in Panchavati (5kms from Nasik). This sacred bathing tank on the bank of river Godavari is believed to be the spot where lord Rama had taken his bath during their vanvasa period. It is also said that the Lord Rama have performed his father’s funeral rites in this kund and hence Ramkund is also known as Asthi Vilaya Tirtha (Bone Immersion Tank). This holy tank, measuring 27 x 12 sq m was built in AD 1696 by Chitrarao Khatarkar. There is a popular belief that salvation ( moksha) to the soul of the dead person is easily achieved by immersing their asthi (ashes) in the holy waters of this tank. Therefore every year, thousands of pilgrim gather here to do this ritual and take a holy dip in the water which is believed to wipe away all sins. 

Ashes of prominent personalities like Mahatma Gandhi, Jawaharlal Nehru, Indira Gandhi, Rajiv Gandhi and Dr Rajendra Prasad were immersed in the Asthi Vilaya Tirtha. Adjacent to the Ramkund, there is a Gandhi Talav (lake) having a white marbled monument, built in memory of Mahatma Gandhi.