A ₹10 lakh investment in ICICI Prudential Value Fund from its August 2004 launch has grown to an estimated ₹4.85 crore by October 31, 2025, delivering a 20.1% compounded annual return. This significantly outperforms the Nifty 50 TRI's ₹2.1 crore growth over the same period. The fund's value strategy has driven this two-decade success, although analysts caution about potential periods of underperformance common to value funds.