Phyang Monastery, Phyang (or Phiyang) Gompa is a Buddhist monastery located just 15 or 16 kilometres west of Leh
, northern India
. It was established in 1515.Phyang contains numerous sacred shrines inside the monastery, frescoes dating from the royal period, and a 900 year old museum which has an extensive collection of idols including a number of fine Kashmiri bronzes probably dating to the 14th century, thangkas, Chinese, Tibetan and Mongolian firearms and weapons.
The Gang-Sngon Tsedup Festival is held annually from 17th day to 19th day of the first month of the Tibetan calendar. On the 2nd and 3rd day of the 6th month of the Tibetan calendar Phyang serves as a venue for sacred dances.The monastery is one of only two in Ladakh belonging to the Drikung Kagyu, Dri-gung-pa or Drigungpa school, one of eight schools derived from the teachings of Phakmadrupa Dorje Gyelpo (1110-1170 CE).