Baby with Swastika on Head. The swastika is an ancient symbol that has been found worldwide, but it is especially common in India. Its name comes the Sanskrit word svasti (sv = well; asti = is), meaning good fortune, luck and well-being. To the Nazis the swastika was understood as an Aryan symbol indicating racial purity and superiority. They may also have been drawn to it because of the swastika's suggested magical powers. Hitler and other Nazi leaders were keenly interested in the occult.