The Ulaan Tsutgalan Waterfall () is a waterfall in Bat-ÃÂlzii District, ÃÂvörkhangai Province, Mongolia.
During the Quaternary period, a volcanic eruption occurred at the source of Tsagaan Azarga River. It flew down the Orkhon Valley and created thick layers of volcanic rock which stretched out for several kilometers. The Orkhon River then passed through these layers creating the gorge of the waterfall today.
The waterfall stands at a height of 24meters and a width of 10meters. It is the widest waterfall in Mongolia. It receives the water source from Orkhon River.
The waterfall and the surrounding area is also the venue for the annual Karakorum Ice Festival. The festival also includes ice archery, ice knucklebones shooting, and speed skating.