Trikatu is a very well known 'Rasayana' in Ayurveda and widely used as a polyherbal ayurvedic formulation in India. It consists of three well known plants, viz., Piper longum Linn., Piper nigrum Linn. and Zingiber officinale Rosc. in equal ratio. It is mentioned in the ancient books of Ayurveda used for the treatment of fever, asthma, cold and cough, diabetes, nasal diseases, obesity, anorexia, digestive, respiratory system and normal urinary tract function. Phytochemical investigations indicate that 3 compounds reported from the polyherbal formulation and also it contains various chemical category viz. alkaloids, phytosterol, triterpenes, flavonoids and various other phenolic compounds. Pharmacological activities of Trikatu reported include hepatoprotective, antioxidant, analgesic, anti-anorectic, anti-inflammatory, antimicrobial, antifungal, anthelminitic, anti-arthritic, adaptogenic, antihyperlipidemic and antitumor activity. In the present review the literature data on the phytochemical and biological investigations on the Trikatu are summarized up to March 2015.