Mahalakshmi Ashtakam is a great stotram composed by the head of Devas, Lord Indra to praise Devi Mahalakshmi. This Stotra is present in Padma Purana and contains eight stanzas. The Lyrics explain the divine nature of Goddess Maha-Lakshmi.
The Phalastuti or the benefits of reciting this stotram is clearly explained in three separate stanzas at the end. Reciting this devotional Ashtakam with meaning is believed to give more benefits and also the grace of the Goddess.
Lyrics : Namastestu Mahamaye Shree Pithe Sura Poojite Shanka Chakra Gadha Haste Maha Lakshmi Namoostute
Namastestu Garudarudhe Kolasura Bhayankari Sarva Papa Hare Devi Maha Lakshmi Namoostute
Sarvajne Sarva Varade Sarva Dushta Bhayankari Sarva Duhkha Hare Devi Maha Lakshmi Namoostute
Siddhi Buddhi Prade Devi Bhakti Mukti Pradayini Mantra Moorte Sada Devi Maha Lakshmi Namoostute
Adyanta Rahite Devi Adi Shakti Maheshwari Yogaje Yoga Sambhute Maha Lakshmi Namoostute
Sthula Sukshme Maha Raudre Maha Shakti Mahodari Maha Papa Hare Devi Maha Lakshmi Namoostute
Padmasana Sthithe Devi Parabrahma Swaroopini Parameshi Jagan Mata Maha Lakshmi Namoostute
Shwetambara Dhare Devi Nanalankara Shobhite Jagasthithe Jaganmata Maha Lakshmi Namoostute
Maha Lakshmyashtakam Stotram Yah Patheth Bhakti Man Narah Sarva Siddhi Mavapnoti Rajyam Prapnoti Sarvada
Eka Kalam Pathennityam Maha Papa Vinashanam Dwikalam Yah Pathennityam Dhana Dhanya Samanvitah
Trikalam Yah Pathennityam Maha Shatru Vinashanam Maha Lakshmi Bhavennityam Prasanna Varada Shubhah