Hey agkrishna and welcome to the Forum.
The <a href="#"> is how you would place a link using HTML. If the end user clicks on the text, in this case "Wedding Wishes Registry", they would be directed to the place that the href has specified. In this case, the user wouldn't be directed as "#" is what you use when building a site before applying links.
As you have said this does re-direct you, can you provide the website so we can take a look?