The Śrī Sūktam assumes specific significance because of Śrī Mahālakṣmī's presence on Lord Śrī Venkaṭeśvara, at Tirumala, or Viṣṇu's chest, at the Heart.
Śrī or Lakṣmī is also the personification of the spiritual energy within us and universe called kuṇḍalinī.