icTracker Performance v/s Nifty

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How has the ICTracker performed against the Nifty?

In order to test the performance of the icTracker, we started with a corpus of Rs 1 lakh and constructed a virtual portfolio of 5 stocks based on its recommendations starting from March 2006 onwards. We rebalanced this portfolio every quarter thereafter depending on the recommendation of the icTracker for the quarter. Then we compared the value of this icTracker based portfolio against one purely based on the Nifty and another based on the top performing Mutual fund for the period.

The chart below shows how these three portfolios have performed from March 2006 onwards.

As seen above, over the long term, the icTracker portfolio has outperformed the Nifty by a whopping 376% and the top performing Mutual fund by an amazing 247%.

The detailed data supporting the above chart is shown below.

As Of	Portfolio value	Closing Value	Portfolio value	Top MF Scheme	Start NAV	NAV asof	Portfolio value
	icTracker	NIFTY		Top performing Equity Mutual Fund for the period starting 31 Mar 2006
31 Mar 2006	99,466.9	3,402.55	100,000.0				100,000.0
30 Jun 2006	100,417.7	3,128.20	91,936.9	LIC Nomura MF Index Sensex	23.61	23.72	100,465.9
30 Sep 2006	123,531.9	3,588.40	105,462.1	Reliance NRI Equity	18.78	22.72	120,979.8
31 Dec 2006	134,177.0	3,966.40	116,571.4	Reliance Regular Savings Equity	11.86	15.63	131,787.5
31 Mar 2007	131,759.6	3,821.55	112,314.3	Reliance NRI Equity	18.78	23.35	124,334.4
30 Jun 2007	170,833.8	4,318.30	126,913.6	Reliance Regular Savings Equity	11.86	17.30	145,868.5
30 Sep 2007	209,464.0	5,021.35	147,576.1	ICICI Prudential Infrastructure	14.84	25.78	173,719.7
31 Dec 2007	354,194.6	6,138.60	180,411.8	Reliance Regular Savings Equity	11.86	30.18	254,468.8
31 Mar 2008	308,313.9	4,734.50	139,145.6	Reliance Regular Savings Equity	11.86	21.88	184,485.7
30 Jun 2008	290,101.4	4,040.55	118,750.6	Reliance Regular Savings Equity	11.86	18.44	155,480.6
30 Sep 2008	367,454.8	3,921.20	115,243.0	Reliance Regular Savings Equity	11.86	17.88	150,758.8
31 Dec 2008	283,681.5	2,959.15	86,968.6	ICICI Prudential Infrastructure	14.84	17.26	116,307.3
31 Mar 2009	311,467.6	3,020.95	88,784.9	ICICI Prudential Infrastructure	14.84	17.48	117,789.8
30 Jun 2009	440,200.8	4,291.10	126,114.2	Reliance Regular Savings Equity	11.86	21.37	180,185.5
30 Sep 2009	498,454.6	5,083.95	149,415.9	Reliance Regular Savings Equity	11.86	25.68	216,526.1
31 Dec 2009	530,993.8	5,201.05	152,857.4	Reliance Regular Savings Equity	11.86	27.79	234,317.0
31 Mar 2010	580,075.8	5,249.10	154,269.6	Reliance Regular Savings Equity	11.86	28.62	241,315.3
30 Jun 2010	557,894.8	5,312.50	156,132.9	Reliance Regular Savings Equity	11.86	29.57	249,325.5
30 Sep 2010	657,854.8	6,029.95	177,218.6	Reliance Regular Savings Equity	11.86	33.33	281,028.7
31 Dec 2010	656,585.5	6,134.50	180,291.3	Reliance Regular Savings Equity	11.86	33.24	280,269.8
31 Mar 2011	574,764.2	5,833.75	171,452.3	Reliance Regular Savings Equity	11.86	30.31	255,564.9
30 Jun 2011	624,213.4	5,647.40	165,975.5	Reliance Regular Savings Equity	11.86	29.97	252,698.2
CAGR	41.88%	10.13%		19.31%

*Source of Mutual Fund performance data : valueresearchonline.com

The above calculation confirms the fact that the icTracker based Portfolio has not only outperformed the Nifty and the Top Equity Mutual fund over the long term, but in fact it has outperformed both of them at the end of every single quarter starting March 2006.

The icTracker recommendations based virtual portfolio that has achieved this incredible feat is reproduced below for your reference. Note that this portfolio includes dividends, stock splits and bonus where applicable, the details of which have been left out below for the sake of simplicty. Stock names for buy transactions less than a year old that are still open, remain undisclosed.

Name	Quantity	Buy Date	Buy Price	Buy Value	Sell Date	Sell Price	Sell Value	Gain/(Loss)
Stock		Buying			Selling
HDFC Bank	25	31 Mar 2006	774.25	19,462.7	31 Dec 2006	1,067.95	26,551.9	7,089.2
Hindalco Industries	110	31 Mar 2006	182.70	20,207.5	30 Jun 2006	175.50	19,198.8	(1,008.7)
ICICI Bank	33	31 Mar 2006	589.05	19,545.6	30 Sep 2007	1,060.20	34,794.2	15,248.6
Reliance Industries	25	31 Mar 2006	795.35	19,993.1	31 Dec 2006	1,270.15	31,579.1	11,586.0
Sesa Goa	16	31 Mar 2006	1,248.70	20,089.1	30 Sep 2006	975.75	15,526.1	(4,563.0)
Punjab National Bank	61	30 Jun 2006	325.55	19,967.8
National Aluminium Compnay	74	30 Sep 2006	212.45	15,807.8	31 Dec 2007	484.95	35,688.9	19,881.2
Jindal Steel & Power	11	31 Dec 2006	2,273.90	25,150.5	31 Dec 2007	15,395.40	168,418.0	143,267.5
Tata Steel	65	31 Dec 2006	482.25	31,518.7	31 Mar 2007	449.65	29,066.5	(2,452.2)
State Bank of India	31	31 Mar 2007	994.45	30,997.5
Ambuja Cements	255	30 Sep 2007	144.25	36,986.1	31 Mar 2010	119.85	30,393.7	(6,592.4)
Grasim Industries	9	31 Dec 2007	3,662.25	33,141.5	30 Sep 2008	1,687.80	15,106.7	(18,034.9)
Sun Pharmaceuticals	140	31 Dec 2007	1,203.75	169,451.9	30 Jun 2008	1,400.95	195,054.3	25,602.4
ACC	375	30 Jun 2008	525.50	198,146.3	30 Sep 2010	989.85	369,152.2	171,005.9
Sesa Goa	160	30 Sep 2008	119.85	19,281.5	30 Sep 2009	265.70	42,278.2	22,996.7
Sun Pharmaceuticals	34	30 Sep 2009	1,407.65	48,123.3	31 Dec 2009	1,508.80	51,017.1	2,893.7
Axis Bank	52	31 Dec 2009	989.20	51,721.3
Sesa Goa	77	31 Mar 2010	470.45	36,423.9
Hero Motocorp	200	30 Sep 2010	1,858.00	373,643.8