A monthly SIP of ₹10,000 in the ICICI Prudential Value Discovery Fund started 20 years ago, amounting to a total investment of ₹24 lakh, would be worth ₹2.30 crore as of July 31, 2024. This represents a CAGR (compound annual growth rate) of 19.41%. A similar investment in the Nifty50 TRI would have grown at a CAGR of 14.21%.