icTracker Performance v/s Nifty Junior

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How has the ICTracker performed against the Nifty Junior?

The methodology followed for testing the performance of the icTracker against the Nifty Junior is similar to the one we followed for the Nifty, i.e. 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 and rebalanced this portfolio every quarter thereafter. Then we compared the value of this icTracker based portfolio against one purely based on the Nifty Junior 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 Junior by a whopping 291% and the top performing Mutual fund by an amazing 202%.

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 Junior		Top performing Equity Mutual Fund for the period starting 31 Mar 2006
31 Mar 2006	99,457.4	6,412.10	100,000.0				100,000.0
30 Jun 2006	89,646.2	5,264.30	82,099.5	LIC Nomura MF Index Sensex	23.61	23.72	100,465.9
30 Sep 2006	118,839.2	6,510.40	101,533.0	Reliance NRI Equity	18.78	22.72	120,979.8
31 Dec 2006	123,133.1	7,106.35	110,827.2	Reliance Regular Savings Equity	11.86	15.63	131,787.5
31 Mar 2007	135,927.3	6,878.05	107,266.7	Reliance NRI Equity	18.78	23.35	124,334.4
30 Jun 2007	169,990.8	8,699.05	135,666.2	Reliance Regular Savings Equity	11.86	17.30	145,868.5
30 Sep 2007	228,740.7	9,820.90	153,162.0	ICICI Prudential Infrastructure	14.84	25.78	173,719.7
31 Dec 2007	315,753.4	12,488.25	194,760.7	Reliance Regular Savings Equity	11.86	30.18	254,468.8
31 Mar 2008	263,186.4	7,975.75	124,385.9	Reliance Regular Savings Equity	11.86	21.88	184,485.7
30 Jun 2008	241,239.9	6,233.20	97,210.0	Reliance Regular Savings Equity	11.86	18.44	155,480.6
30 Sep 2008	231,401.6	6,043.15	94,246.0	Reliance Regular Savings Equity	11.86	17.88	150,758.8
31 Dec 2008	191,037.0	4,555.70	71,048.5	ICICI Prudential Infrastructure	14.84	17.26	116,307.3
31 Mar 2009	201,130.7	4,336.45	67,629.2	ICICI Prudential Infrastructure	14.84	17.48	117,789.8
30 Jun 2009	346,170.0	7,794.70	121,562.4	Reliance Regular Savings Equity	11.86	21.37	180,185.5
30 Sep 2009	526,885.1	9,360.65	145,984.2	Reliance Regular Savings Equity	11.86	25.68	216,526.1
31 Dec 2009	573,590.9	10,382.70	161,923.5	Reliance Regular Savings Equity	11.86	27.79	234,317.0
31 Mar 2010	536,864.2	10,773.75	168,022.2	Reliance Regular Savings Equity	11.86	28.62	241,315.3
30 Jun 2010	512,453.2	11,304.45	176,298.7	Reliance Regular Savings Equity	11.86	29.57	249,325.5
30 Sep 2010	582,755.8	12,585.30	196,274.2	Reliance Regular Savings Equity	11.86	33.33	281,028.7
31 Dec 2010	651,297.1	12,232.05	190,765.1	Reliance Regular Savings Equity	11.86	33.24	280,269.8
31 Mar 2011	502,720.0	11,279.55	175,910.4	Reliance Regular Savings Equity	11.86	30.31	255,564.9
30 Jun 2011	509,985.1	11,234.90	175,214.0	Reliance Regular Savings Equity	11.86	29.97	252,698.2
CAGR	36.53%	11.27%		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 Junior 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 2007.

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
Asian Paints	30	31 Mar 2006	646.05	19,488.1	31 Mar 2008	1,199.90	35,799.0	16,310.9
Container Corporation of India	14	31 Mar 2006	1,445.45	20,347.6	31 Dec 2006	2,125.35	29,591.3	9,243.7
Exide Industries	75	31 Mar 2006	263.95	19,905.1	31 Dec 2009	1,153.00	85,999.4	66,094.3
IDBI Bank	258	31 Mar 2006	78.30	20,312.5	30 Jun 2007	188.70	48,416.8	28,104.3
Indian Overseas Bank	200	31 Mar 2006	96.75	19,456.4	31 Mar 2010	91.95	18,288.9	(1,167.6)
Biocon	82	31 Dec 2006	373.70	30,811.9	31 Mar 2007	486.20	39,649.1	8,837.2
Shriram Transport Finance Company	337	31 Mar 2007	118.90	40,289.7	31 Mar 2008	337.60	113,145.5	72,855.8
IFCI	555	30 Jun 2007	55.80	31,139.3	31 Dec 2007	93.15	51,413.9	20,274.6
Canara Bank	150	31 Dec 2007	331.45	49,991.0	30 Jun 2008	178.05	26,560.6	(23,430.3)
Container Corporation of India	25	31 Mar 2008	1,725.80	43,382.3	31 Dec 2009	2,616.70	65,057.7	21,675.4
Tata Chemicals	384	31 Mar 2008	280.55	108,323.7	30 Jun 2008	286.90	109,563.7	1,239.9
Patni Computer Systems	496	30 Jun 2008	217.95	108,697.8	30 Sep 2008	178.80	88,197.0	(20,500.7)
Syndicate Bank	576	30 Jun 2008	51.10	29,595.5
MphasiS	470	30 Sep 2008	187.90	88,798.7	30 Jun 2011	434.50	203,091.8	114,293.1
Rural Electrification Corporation	358	31 Dec 2009	242.80	87,400.5	31 Mar 2010	250.65	89,239.2	1,838.7
UltraTech Cement	75	31 Dec 2009	914.20	68,942.1	30 Sep 2010	1,062.60	79,256.7	10,314.6
Andhra Bank	172	31 Mar 2010	108.20	18,712.8
Biocon	317	31 Mar 2010	284.45	90,666.6	31 Dec 2010	420.85	132,675.7	42,009.1
Lupin	215	30 Sep 2010	388.10	83,900.4	30 Jun 2011	449.20	96,046.8	12,146.4
Torrent Power	476	31 Dec 2010	276.40	132,290.0
	225	30 Jun 2011	929.90	210,378.3
	625	30 Jun 2011	152.70	95,962.4