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There are several reasons why Srimad Bhagavatam is considered the foremost of all Puranas. Firstly what must be understand is the that Puranas mirror Sruti. They are called Puranas because they complete the Vedas (Puran means to complete). And just like the Vedas contain different categories of knowledge in accordance with the eligibility of different Jivas, so do the Puranas. Of all the Puranas, the Sattvic Puranas are considered greatest because pure knowledge arises from Sattva Guna. Of the Sattvic Puranas, Srimad Bhagavatam is considered topmost for several reasons.

It is a very subjective opinion that Bhagvata Purana is considered foremost. It may be considered foremost by Vaishnavites. What about Shakta? or Shaivas?