Makhanas, also called fox nuts, or lotus seeds, come from a plant called Euryale Fox which grows in the stagnant water of wetlands or ponds in Eastern Asia. Phool Makhana also finds significance in religious ceremonies in India and is a popular 'fasting' dish prepared during Navratri and other occasions. They are low in cholesterol, fat and sodium. This makes them an ideal snack to satiate those in-between meal hunger pangs.Popular as a fasting food, its health benefits are superior to those of dry fruits such as almonds and walnuts. Some of the health benefits of makhana are: It's a good source of protein, carbohydrates, fibre, magnesium, potassium, phosphorus, iron and zinc. High in fiber and low in calories, it enables weight loss.