Peel and wash the beetroots.
Grate the beetroots. Big gratings are preferred for this stir fry.
Heat oil in a frying pan. Add in mustard seeds, urad dal, chana dal and broken red chili.
When mustard seed splutters, add in turmeric powder and asafoetida.
Followed by add in slit green chilis and curry leaves. Saute for a while.
Add in grated beetroot and give a quick mix under high flame.
Next add in salt, 1/4 cup water and mix well. Optionally you can add little jaggery, if you like it that way.
Close the lid and allow it to cook under low flame by stirring occasionally.
Wait until the beetroot is cooked and soft. It takes around 5 minutes. Add in grated coconut.
Mix well and switch off the stove. Serve it with hot rice or chapathi.