There are mainly two types of Shraddha: Varsha Shraddha (To be Performed on 1st year of demise.) Mahalay Paksha Bharani Shraddha ‘Shraddha’ is for your Close relatives like Father, Mother, Grandfather, Grandmother, Uncle, Aunt, etc. ‘Mahalay Paksha’ is performed for all your ancestors up to 3rd Generations (Pidhi) Both are important and has to be performed every year in the memory of deceased relative, so that their soul can get peace.