Vellinakshatram movie is about Ammukutty (Tharuni), who is a girl with royal lineage and an intuitive power to understand super natural things. Her father Vinod (Prithviraj), a widower, who is skeptical of the whole thing. Yet, others around him are convinced that Ammukutty is special and force Vinod to appoint a caretaker for Ammukuuty.
The arrival of the caretaker Indu (Meenakshi) complicates the situation. Re-incarnations and revenge become the theme