devanagari

prajba-paramita maha-mantrah maha-vidya-mantrah
      |               |               |              |               |           |              |
   N.f.          N.f.          adj.         N.m.        adj.       N.f.        N.m.
      |         Nom.sg.         |         Nom.sg.         |           |         Nom.sg.
      |________|               |________|               |______|               |
             |                               |                             |___________|
             |                               |______________________|
             |_____________________________|

mahat-, adj.: big, great,

mantra-, m.: mantra, incantation, spell, magical formula,

vidya-, f.: knowledge,

the perfection of wisdom as the great mantra, the mantra of great knowledge,

    Here we can see the influence of popular beliefs on the monastic Buddhism. It is believed that short spell can be used in many ways - its repetition can not only cure sickness, dispel demons and bring prosperity, but more and more also bring the peace of mind and even the highest goal - the liberation from sajsara. That is what this sentence suggests.
    The whole of prajbaparamita can be brought together in one spell, or mantra. The constant repetition of this mantra will have the very same result as years of patient practice of the six perfections - the understanding of emptiness, the realization of awakenment.
    So, the prajbaparamita is a great mantra, the mantra of great knowledge - because its repetition brings the desired knowledge.

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