Herbal cosmetic are the preparation which are used to beautify and enhance the human appearances. The aim of present work is to formulate, evaluate and characterization of Curcumin, Ashwagandha and Neem containing Herbal cold cream. The Curcumin, Ashwagandha and Neem containing Herbal cold cream is prepared by water in oil method by using suitable base for the purpose of nourishing and moisturizing the skin. The herbal extract containing cold cream gives cooling and soothing effect due to slow evaporation of water present in emulsion. The prepared herbal cold creams are characterized for production yields, DSC and SEM. The production yields of formulations were from 78.4% to 87.5%. DSC studies are revealed that the drug and base are compatible with each other during preparation. The changes in physical properties of the formulated creams were not observed. The formulated cream shows good consistency and spreadability, homogeneity, pH, non-greasy and no evidence of phase separation during study period. Stability parameters like visual appearance, nature, viscosity and fragrance of formulated creams showed that there was no significant variation during the study period. All nine herbal cold cream formulations showed significant activities. Based on the results, we can suggest that all the nine formulations F1, F2, F3, F4, F5, F6, F7, F8 and F9 were stable and can be safely used on the skin.