Abstract: Saraca asoca belonging to family Caesalpinaceae commonly known as ‘Sita Ashok’, and assessed as endangered; and important indigenous plant of India and the state flower of Odisha. S. asoca is a medicinal plant that claims to cure several diseases according to Ayurvedic medicine. A study was conducted to investigate the effects of phosphate solubilizing fungi on the growth & establishment of Saraca asoca under nursery condition. Five phosphate solubilizing fungi were supplemented on Saraca asoca seedlings separately and their effects on morphological and physiological growth parameters were recorded. Inoculation of fungal culture Aspergillus kanagawaensis showed significant improvement in shoot height, root length and leaf number and Aspergillus japonicus developed the highest number of branches, Aspergillus niger showed highest leaf area. Overall, application of fungal culture Aspergillus kanagawaensis and Aspergillus niger resulted in increased biomass production as compared to control experimental sets.