The biggest cultural festival of the city, Karavali Utsav is held annually for three to four days near Rabindranath Tagore Beach. The festival exhibits the richness of the Karwar culture by bringing together all kinds of art such as dance, music, tableaux etc. The Mayura Varma Stage, named after the founder of the Kadamba dynasty who ruled Banavasi, usually becomes the platform for the performances. Many famous national and local artists perform in the festival. Besides the cultural programme, there is also a food festival, stalls and exhibition of wares. Fireworks on the concluding day gives magnificence to the festival. For the people who love adventure, water sports and parasailing facilities are available. The festival delivers a message of unity and bondage and helps people especially the youth to understand the culture, besides giving an exposure to new talents.