Creation of literature in the English language by Indians is termed as Indian writings in English or Indian literature. Most of the Indian writers have gained varied range of fame through their literary genius. M.T. Vasudevan Nair is one of the creative genius of Malayalam Literature. His magnum opus works includes Naalukettu (The Legacy), Manju (Mist), Kaalam (Time), Asuravithu (The Demon Seed), Randamoozham (The Second Turn). Much of his fiction is against the social backdrop of the matrilineal Nair ‘tharavad’ at the point of time. Naalukettu is a Malayalam novel written by M.T. Vasudevan Nair. The novel has been translated into various Indian and Foreign languages. It is a veritable depiction of a typical Nair family and the decline of Nair dynasty as result of ‘marumakkathayam’. This paper attempts to study M.T’s novel Naalukettu’s in the aspect of ‘New Historicism’. New Historicism is a method based on the parallel reading of literary and non- literary texts of the same historical period. It refuses to privilege the literary text instead of a literary foreground and a historical background.