How has the icTracker performed against the Nifty 500?

Starting with an initial corpus of Rs.100,000, we backtested the performance of the icTracker by constructing a virtual portfolio based on the icTracker recommendations, and benchmarked it against the Nifty 500. Here is how this virtual portfolio has performed from December 2008 onwards:

As seen above, the initial corpus of Rs.100,000 invested on 31 December 2008 has grown to Rs.3,768,133 as of 31 December 2018.

In other words, the icTracker has outperformed the Nifty 500 by 932% during this period.

Generated Portfolio Stats
CAGR Alpha Beta Std Deviation Sharpe Ratio Treynor Ratio Modigliani Ratio
43.72%32.08%0.563881629.69%122.56%64.52%30.75%

The detailed performance data for the above chart is shown below.

icTracker gen.Nifty 500
Qtr EndTrade DatePortfolio valueIndex ValuePortfolio value
31 Dec 200816 Feb 2009100,0002,193.30100,000
31 Mar 200915 May 2009116,2362,833.65129,196
30 Jun 200914 Aug 2009144,5973,749.60170,957
30 Sep 200916 Nov 2009171,7714,162.25189,771
31 Dec 200915 Feb 2010249,8744,096.20186,760
31 Mar 201017 May 2010296,3694,213.25192,096
30 Jun 201016 Aug 2010291,9304,554.45207,653
30 Sep 201015 Nov 2010363,7375,042.80229,918
31 Dec 201014 Feb 2011327,9544,365.75199,049
31 Mar 201116 May 2011401,3284,436.10202,257
30 Jun 201116 Aug 2011522,5924,081.30186,080
30 Sep 201114 Nov 2011559,0604,074.55185,773
30 Dec 201113 Feb 2012530,5464,264.80194,447
30 Mar 201214 May 2012551,3973,906.90178,129
30 Jun 201214 Aug 2012551,1614,234.50193,065
30 Sep 201215 Nov 2012610,6394,497.00205,034
31 Dec 201214 Feb 2013765,4164,650.35212,025
31 Mar 201315 May 2013771,1304,810.95219,348
30 Jun 201314 Aug 2013733,6634,392.05200,249
30 Sep 201314 Nov 2013906,4244,670.10212,926
31 Dec 201314 Feb 20141,012,2074,677.80213,277
31 Mar 201415 May 20141,338,7275,580.30254,425
30 Jun 201414 Aug 20141,571,6226,215.65283,393
30 Sep 201414 Nov 20141,954,3356,785.75309,385
31 Dec 201416 Feb 20152,186,0897,175.00327,133
31 Mar 201515 May 20152,023,3356,827.05311,268
30 Jun 201514 Aug 20151,800,3317,112.50324,283
30 Sep 201516 Nov 20151,608,1326,551.45298,703
31 Dec 201515 Feb 20161,549,2255,999.05273,517
31 Mar 201616 May 20161,913,5086,608.25301,293
30 Jun 201616 Aug 20162,115,1647,339.25334,621
30 Sep 201615 Nov 20162,044,1596,916.45315,344
31 Dec 201614 Feb 20172,482,6197,605.05346,740
31 Mar 201715 May 20173,257,0958,351.30380,764
30 Jun 201714 Aug 20173,689,7778,541.50389,436
30 Sep 201714 Nov 20174,728,8239,051.50412,689
31 Dec 201714 Feb 20184,949,9089,326.70425,236
31 Mar 201815 May 20184,578,1079,365.90427,023
30 Jun 201814 Aug 20184,281,9879,726.15443,448
30 Sep 201814 Nov 20183,926,5378,921.45406,759
31 Dec 201814 Feb 20193,768,1338,869.30404,382
CAGR43.72%14.99%

The icTracker recommendations based virtual portfolio that has achieved this incredible feat is reproduced below for your reference. This portfolio includes dividends, stock splits and bonus where applicable. Buy transactions less than six months old that are still open, remain undisclosed.

StockBUY TransactionsSELL TransactionsPROFITLATEST
NoNameDateQtyPriceSLValueDateQtyPriceValueDividendGainPriceValue
1 AstraZeneca Pharma16 Feb 200996523.0476.350,25815 May 200996523.050,1581,440(100)----
2 Hero Motocorp16 Feb 200952934.5829.948,64314 Aug 2009521,478.176,784--28,142----
3 ACC Limited15 May 200924635.0545.915,25414 Aug 200924830.519,9122404,658----
4 Bank of India15 May 200910247.2180.82,47414 Aug 200910319.43,19150717----
5 Hero Motocorp15 May 2009211,221.9960.525,68614 Aug 2009211,478.131,009--5,324----
6 Pidilite Industries15 May 20094894.184.04,52114 Aug 200948137.56,591842,070----
7 Thermax Limited15 May 200915280.8201.74,21614 Aug 200915408.16,115751,898----
8 Berger Paints14 Aug 200919947.942.09,54216 Nov 200919957.411,401--1,860----
9 Castrol India14 Aug 2009192460.6349.988,52416 Nov 2009192527.0101,073--12,550----
10 Exide Industries14 Aug 200920288.466.817,86516 Nov 2009202120.624,3371216,472----
11 Jagran Prakashan14 Aug 2009148100.482.414,87416 Nov 2009148119.917,7272962,853----
12 Voltas Limited14 Aug 200998143.0122.814,02816 Nov 200998174.217,050--3,022----
13 NESCO Limited16 Nov 200945762.3631.034,33815 Feb 2010451,152.251,797--17,459----
14 Suprajit Engineering16 Nov 200982092.382.175,72115 Feb 2010820155.2127,1371,84551,416----
15 TTK Prestige16 Nov 200948340.6220.816,36315 Feb 201048434.020,809--4,446----
16 TVS Srichakra16 Nov 200970200.2136.614,02817 May 201070293.920,5527006,524----
17 UCO Bank16 Nov 200956555.741.431,50215 Feb 201056556.631,919--417----
18 Bajaj Auto15 Feb 2010191,792.71,669.634,09417 May 2010192,167.041,131--7,036----
19 HDFC Bank15 Feb 2010751,613.81,467.2121,15617 May 2010751,928.9144,519--23,363----
20 Siemens India15 Feb 201082644.0517.852,85717 May 201082696.057,015--4,158----
21 TVS Srichakra15 Feb 2010108236.4198.225,55717 May 2010108293.931,7091,0806,153----
22 Apollo Tyres17 May 201027169.861.018,92127 Jul 201027160.916,497203(2,424)----
23 Divis Laboratories17 May 2010141702.9650.699,20116 Aug 2010141733.2103,2788464,077----
24 NESCO Limited17 May 2010881,116.5517.798,34620 Jul 2010176555.897,728--(618)----
25 Voltas Limited17 May 2010447178.3164.579,78025 May 2010447164.173,257--(6,523)----
26 BASF India16 Aug 2010243492.9415.4119,89515 Nov 2010243689.6167,393--47,499----
27 Central Bank16 Aug 2010192189.0153.636,32415 Nov 2010192233.644,7971928,472----
28 Hindustan Unilever16 Aug 2010362269.9254.997,80215 Nov 2010362303.7109,8301,08612,028----
29 Venkys India16 Aug 201029746.2444.721,66115 Nov 201029822.323,8231162,161----
30 Whirlpool of India16 Aug 201055298.2252.816,41515 Nov 201055303.416,668--253----
31 Bajaj Auto15 Nov 2010431,590.9978.468,47514 Feb 2011431,298.555,780--(12,695)----
32 Elgi Equipments15 Nov 2010139205.880.628,62814 Dec 201027883.323,125--(5,502)----
33 Greaves Cotton15 Nov 2010500473.285.4236,83724 Nov 2010250088.1220,0071,000(16,830)----
34 Prime Focus15 Nov 201016375.467.912,30219 Nov 201016367.410,970--(1,332)----
35 TTK Prestige15 Nov 2010111,677.21,189.518,46814 Feb 2011111,642.118,045--(423)----
36 Bata India14 Feb 2011331340.5295.6112,81816 Aug 2011331699.4231,2531,324118,435----
37 Mcleod Russel14 Feb 2011482215.3197.0103,87816 May 2011482260.9125,604--21,726----
38 South Indian Bank14 Feb 2011282220.215.857,06116 May 2011282223.566,110--9,048----
39 UCO Bank14 Feb 2011335104.087.634,87516 May 201133597.632,663--(2,212)----
40 VIP Industries14 Feb 201135551.6461.219,32416 May 201135671.223,469--4,145----
41 Bata India16 May 201138463.7356.617,63816 Aug 201138699.426,5491528,911----
42 Britannia Industries16 May 2011156375.1342.058,57416 Aug 2011156467.172,7951,01414,221----
43 Divis Laboratories16 May 201114707.9593.69,92116 Aug 201114737.410,313140392----
44 Grindwell Norton16 May 2011710227.6211.3161,75816 Aug 2011710246.5174,8404,26013,082----
45 Balmer Lawrie16 Aug 2011163666.5590.1108,74805 Oct 2011163588.995,8914,238(12,857)----
46 Gujarat Mineral Development Corporation16 Aug 20112207164.0148.8362,31014 Nov 20112207182.9403,1466,62140,836----
47 Godfrey Phillips India16 Aug 201163,265.02,435.819,60914 Nov 201163,171.719,011210(598)----
48 Page Industries16 Aug 201152,641.01,995.713,21814 Nov 201152,600.512,989--(229)----
49 VIP Industries16 Aug 201123789.3133.618,17231 Oct 2011115141.516,257161(1,915)----
50 Bliss GVS Phrma14 Nov 2011601823.721.4142,76930 Dec 2011601821.4128,4162,106(14,353)----
51 GlaxoSmithKline Consumer Healthcare14 Nov 20111102,666.62,382.4293,61914 Aug 20121102,792.4306,8573,85013,238----
52 Hero Motocorp14 Nov 2011562,209.61,988.7123,85912 Dec 2011561,986.3111,119--(12,739)----
53 Hindustan Unilever14 Aug 2012270495.9454.2134,02715 Nov 2012270533.8143,9823,3759,955----
54 Kaveri Seed Company14 Aug 201258802.1688.646,56515 Nov 2012581,258.172,897--26,331----
55 MindTree Limited14 Aug 2012218644.1592.5140,54315 Nov 2012218678.0147,6566547,113----
56 Supreme Industries14 Aug 2012631273.0231.9172,43515 Nov 2012631289.5182,4922,84010,057----
57 Whirlpool of India14 Aug 2012222257.9215.357,30015 Nov 2012222254.656,454--(846)----
58 Caplin Point Laboratories15 Nov 201277076.853.559,15714 Feb 201377080.862,115--2,959----
59 Indraprastha Gas15 Nov 2012464261.3241.8121,36414 Feb 2013464257.9119,523--(1,842)----
60 Kajaria Ceramics15 Nov 2012483229.4183.0110,91114 Feb 2013483204.098,433--(12,478)----
61 La Opala RG15 Nov 20121421180.1145.0256,10714 Feb 20131421297.2421,828--165,721----
62 Ratnamani Metals n Tubes15 Nov 2012472133.0113.962,83914 Feb 2013472134.263,255--417----
63 Britannia Industries14 Feb 2013220493.1465.6108,59115 May 2013220570.6125,396--16,805----
64 Cera Sanitaryware14 Feb 2013184412.0385.875,88415 May 2013184455.083,636--7,752----
65 DB Corp14 Feb 20131482239.8215.5355,73915 May 20131482234.8347,552--(8,187)----
66 Emami Limited14 Feb 2013357619.2591.1221,25801 Mar 2013357590.5210,602--(10,656)----
67 Astra Microwave Products15 May 2013950939.838.5378,83717 Jun 2013950938.5365,331--(13,505)----
68 Century Plyboards15 May 2013621552.749.9327,85811 Jun 2013621549.8308,924--(18,934)----
69 City Union Bank15 May 201341755.651.823,20824 Jul 201341751.721,524417(1,684)----
70 Symphony Limited15 May 2013119344.3313.441,00721 Jun 2013119313.337,245--(3,761)----
71 Bata India14 Aug 201365921.5829.359,95722 Aug 201365826.753,679--(6,279)----
72 Britannia Industries14 Aug 2013110753.7692.082,98421 Aug 2013110691.075,929--(7,056)----
73 MindTree Limited14 Aug 20134531,006.7817.3456,49114 Nov 20134531,391.4629,6512,265173,160----
74 Page Industries14 Aug 2013234,378.83,922.7100,81314 Nov 2013234,957.1113,898--13,085----
75 Supreme Industries14 Aug 201392347.3316.731,97905 Sep 201392316.229,058506(2,921)----
76 Ajanta Pharma14 Nov 2013117976.5713.1114,35914 Feb 2014117947.4110,735--(3,624)----
77 Bank of India14 Nov 2013300223.2157.467,01214 Feb 2014300173.752,0581,500(14,954)----
78 Dhanuka Agritech14 Nov 20133578155.6137.7557,11514 Feb 20143578189.7678,068--120,953----
79 Eclerx Services14 Nov 20131401,202.5945.4168,51814 Feb 20141401,218.6170,426--1,908----
80 Aurobindo Pharma14 Feb 201465490.3350.831,90115 May 201465615.039,935--8,034----
81 La Opala RG14 Feb 2014572646.2588.3369,96715 May 2014572897.1512,600--142,632----
82 Suprajit Engineering14 Feb 2014241554.741.4132,23315 May 2014241574.2178,893--46,661----
83 Symphony Limited14 Feb 2014210502.7429.5105,66215 May 2014210808.4169,594--63,932----
84 VST Industries14 Feb 20142321,607.41,514.3373,29015 May 20142321,892.2438,551--65,262----
85 Astra Microwave Products15 May 201491083.458.775,97014 Aug 2014910131.6119,5911,00143,621----
86 GlaxoSmithKline Consumer Healthcare15 May 20141434,370.54,187.0625,60714 Aug 20141434,923.2703,3146,43577,707----
87 Hero Motocorp15 May 2014942,440.82,172.5229,66514 Aug 2014942,510.6235,7568,9306,091----
88 Kajaria Ceramics15 May 2014819495.1318.1405,89214 Aug 2014819601.5492,1362,86786,243----
89 Akzo Nobel India14 Aug 20141541,048.3979.9161,59214 Nov 20141541,253.1192,784--31,192----
90 Amara Raja Batteries14 Aug 20141162538.8484.7626,65414 Nov 20141162698.6810,903--184,250----
91 Cummins India14 Aug 2014599668.0620.3400,53214 Nov 2014599849.0508,0432,995107,510----
92 Kaveri Seed Company14 Aug 2014370833.8673.1308,79614 Nov 2014370908.3335,7351,81326,939----
93 Marksans Pharma14 Aug 2014169343.631.173,80414 Nov 2014169360.1101,64816927,844----
94 Britannia Industries14 Nov 20142871,624.31,398.5466,64016 Feb 20152872,034.2583,232--116,591----
95 CRISIL Limited14 Nov 20141691,954.61,724.2330,64916 Feb 20151692,126.0358,926--28,277----
96 Excel Crop Care14 Nov 20143261,133.5981.8369,89127 Jan 2015326978.9318,801--(51,090)----
97 IndusInd Bank14 Nov 2014885730.6606.8647,18316 Feb 2015885862.9762,903--115,720----
98 Ratnamani Metals n Tubes14 Nov 2014231603.7468.4139,59416 Feb 2015231701.4161,850--22,256----
99 Bajaj Auto16 Feb 20152212,261.92,055.7500,36913 Mar 20152212,049.1452,407--(47,962)----
100 HDFC Bank16 Feb 20156341,067.6936.8677,50415 May 2015634990.1627,096--(50,408)----
101 TVS Srichakra16 Feb 2015841,757.41,603.3147,76926 Feb 2015841,596.8133,998--(13,771)----
102 V-Mart Retail16 Feb 20151570547.4517.7860,27807 May 20151570516.2809,664--(50,613)----
103 Inox Wind15 May 20154323467.1416.82,021,29308 Jun 20154323416.41,798,289--(223,004)----
104 Bajaj Auto14 Aug 2015952,558.62,271.6243,31024 Aug 2015952,255.6214,065--(29,245)----
105 IndusInd Bank14 Aug 2015728959.0842.3698,85001 Sep 2015728840.1611,010--(87,840)----
106 Supreme Industries14 Aug 20151328645.7592.6858,34725 Aug 20151328590.4783,233--(75,114)----
107 Eclerx Services16 Nov 20151101,821.51,232.5200,56517 Dec 20151461,271.3185,431--(15,134)----
108 Indo Count Industries16 Nov 2015169946.8851.3160,16915 Feb 2016169981.9165,775--5,606----
109 NESCO Limited16 Nov 20152871,615.61,370.7464,14115 Feb 20162871,548.8444,061--(20,080)----
110 SJVN Limited16 Nov 20151251628.024.5350,79915 Feb 20161251628.3353,223--2,425----
111 Suprajit Engineering16 Nov 20153002143.9135.0432,42015 Jan 20163002133.6400,696--(31,724)----
112 Tata Motors15 Feb 20164874317.3254.71,547,82316 May 20164874392.71,912,106--364,283----
113 Ajanta Pharma16 May 20162601,592.61,373.1414,47716 Aug 20162601,955.1507,805--93,328----
114 GlaxoSmithKline Consumer Healthcare16 May 20161726,007.15,556.01,034,24616 Aug 20161726,434.41,105,60212,04071,356----
115 HDFC Bank16 May 20163381,162.81,025.1393,41916 Aug 20163381,227.3414,4133,21120,993----
116 ITC Limited16 May 2016223329.4206.373,53001 Jul 2016334215.571,9172,342(1,612)----
117 DB Corp16 Aug 20161400409.0373.9573,17311 Nov 20161400373.3522,081--(51,092)----
118 Gujarat Heavy Chemicals16 Aug 2016747246.2172.9184,05814 Feb 2017747266.7198,9881,12114,930----
119 Rain Industries16 Aug 20161121139.535.3442,71614 Feb 20171121178.6880,30311,211437,587----
120 Rural Electrification Corporation16 Aug 20163003228.283.7685,97028 Sep 2016600691.4548,14815,315(137,822)----
121 Sundram Fasteners16 Aug 2016906252.7190.0229,17514 Feb 2017906335.7303,8401,54074,665----
122 AIA Engineering14 Feb 20174621,413.61,274.8653,73615 May 20174621,509.6696,7151,84842,978----
123 Avanti Feeds14 Feb 2017868575.7489.0500,16414 Nov 20178682,702.62,343,4687,8121,843,304----
124 Indraprastha Gas14 Feb 20178301,023.6877.5850,43815 May 20178301,000.3829,377--(21,060)----
125 V-Mart Retail14 Feb 2017764625.9499.1478,66615 May 20177641,041.4794,834--316,168----
126 Avanti Feeds15 May 2017441,076.9801.647,42914 Nov 2017442,702.6118,79339671,365----
127 Balrampur Chini Mills15 May 20172166165.4147.2358,61508 Jun 20172166146.9317,889--(40,726)----
128 Lakshmi Vilas Bank15 May 20173231190.1162.5614,66614 Aug 20173231170.9551,6268,724(63,040)----
129 NATCO Pharma15 May 20171392934.4789.81,301,91610 Aug 20171392771.01,072,134--(229,782)----
130 Avanti Feeds14 Aug 20171771,898.51,544.5336,37114 Nov 20171772,702.6477,873--141,502----
131 Bajaj Consumer Care14 Aug 2017626411.0357.6257,51214 Nov 2017626442.7276,822--19,310----
132 DCM Shriram14 Aug 2017410384.5346.8157,78214 Nov 2017410578.9237,091--79,309----
133 TTK Prestige14 Aug 20171916,280.15,913.71,200,69914 Nov 20171916,649.61,268,794--68,095----
134 APL Apollo Tubes14 Nov 20171511,897.91,615.8286,86214 Feb 20181512,054.6309,934--23,072----
135 Dhanuka Agritech14 Nov 20172373659.4627.51,566,32114 Feb 20182373675.31,600,766--34,445----
136 Essel Propack14 Nov 20174502288.0254.51,297,87314 Feb 20184502273.51,229,841--(68,032)----
137 TVS Srichakra14 Nov 20174803,155.62,971.11,516,20314 Feb 20184803,644.91,747,803--231,600----
138 CRISIL Limited14 Feb 201818932,005.01,831.43,799,16603 May 201818931,827.93,456,70930,288(342,457)----
139 Gulf Oil Lubricants India14 Feb 20181261,052.5912.8132,74823 Mar 2018126910.9114,653504(18,095)----
140 VST Industries14 Feb 20183103,268.93,142.61,014,35705 Mar 20183103,139.6972,316--(42,041)----
141 Dilip Buildcon15 May 20182781,204.3998.5335,13030 May 2018278982.5272,852--(62,278)----
142 HEG Limited15 May 2018313,277.82,698.2101,71314 Aug 2018314,187.0129,6671,55027,954----
143 Minda Industries15 May 20187311,082.4334.1792,02611 Jul 20182193351.0769,0083,509(23,017)----
144 UPL Limited15 May 20181531733.3693.61,123,80521 May 20181531691.41,057,435--(66,370)----
145 VST Industries15 May 20187173,100.92,871.92,225,56909 Jul 20187172,859.32,048,101--(177,468)----
146 Bandhan Bank14 Aug 2018127698.9520.788,84901 Oct 2018127507.064,322--(24,528)----
147 Kaveri Seed Company14 Aug 2018476622.0541.9296,34403 Oct 2018476536.0254,898--(41,446)----
148 Oracle Financial Services Software14 Aug 20188084,017.93,764.93,249,71022 Oct 20188083,764.23,038,408--(211,302)----
149 VST Industries14 Aug 20182132,993.32,555.5638,21109 Oct 20182132,554.3543,52816,508(94,682)----
150 14 Nov 2018478095.871.0458,38214 Feb 2019478074.5355,7541,434------
151 14 Nov 20181337,225.66,528.1961,95914 Feb 20191337,488.3994,941--------
152 14 Nov 201811991,513.61,195.11,816,56114 Feb 201911991,517.51,817,663--------
153 14 Nov 2018999687.7557.9687,64914 Feb 2019999597.6596,356--------
154 14 Feb 2019805395.5365.2318,696--805--------474.3381,812
155 14 Feb 201915811,966.01,916.93,111,355--1581--------1,926.73,046,113
156 14 Feb 2019312,919.32,706.390,589--31--------2,971.192,104
157 14 Feb 2019559433.5350.3242,541--559--------416.5232,796
Portfolio Totals188,5703,639,403 3,752,825

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