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Mulbekh Monastery consists of two gompas: Serdung Gompa of the Drukpa sect and Rgaldan-se Gompa of the Gelugpa sect. The monastery is said to have been founded some 800 years ago by Tibetan scholar Lotsawa Rinchen Zangpo's disciples. Mulbekh Monastery, with its gompas, is perched on a ridge above the Srinagar-Leh highway. Mulbekh Monastery is also famous for its 30-foot-long limestone sculpture of Maitreya Buddha. While the Buddha's sculpture beautifully combines Shaivite and Buddhist influences, one may also find ancient inscriptions close to the sculpture.