Wash the cilantro by filling a bowl with cold water and putting the cilantro in it. Move the cilantro around and shake off the excess water.
Roughly chop the stems and leaves and put them in a blender.
Add the peanuts, lemon juice, salt, sugar, turmeric, and 2 small chilies to the blender.
Pulse the mixture in the blender until it has a smooth, almost pesto-like consistency.
Add some water to help the mixture blend if necessary.
Adjust the balance of flavors by adding the remaining chili, lemon juice, salt, and sugar to your taste.
Spoon the chutney into a clean jar for storage.
