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How has the icTracker performed against the Nifty 50?

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 50. Here is how this virtual portfolio has performed from March 2008 onwards:


As seen above, the initial corpus of Rs.100,000 invested on 31 March 2008 has grown to Rs.3,586,516 as of 31 March 2018.

In other words, the icTracker has outperformed the Nifty 50 by 1645% during this period.


Generated Portfolio Stats
CAGR Alpha Beta Std Deviation Sharpe Ratio Treynor Ratio Modigliani Ratio
43.02%35.21%0.555624928.80%123.63%64.07%33.55%

The detailed performance data for the above chart is shown below.
icTracker gen.Nifty 50
Qtr EndTrade DatePortfolio valueIndex ValuePortfolio value
31 Mar 200813 May 2008100,0004,957.80100,000
30 Jun 200812 Aug 200888,3794,552.2591,820
30 Sep 200812 Nov 200878,2472,848.4557,454
31 Dec 200812 Feb 200993,4362,893.0558,354
31 Mar 200913 May 2009118,8033,635.2573,324
30 Jun 200912 Aug 2009159,8764,457.5089,909
30 Sep 200912 Nov 2009208,1154,952.6599,896
31 Dec 200915 Feb 2010254,0334,801.9596,856
31 Mar 201013 May 2010305,3005,178.90104,460
30 Jun 201012 Aug 2010348,0225,416.45109,251
30 Sep 201012 Nov 2010343,4436,071.65122,467
31 Dec 201014 Feb 2011294,6035,456.00110,049
31 Mar 201113 May 2011352,1105,544.75111,839
30 Jun 201112 Aug 2011402,0855,072.95102,323
30 Sep 201114 Nov 2011360,1355,148.35103,844
30 Dec 201113 Feb 2012340,7645,390.20108,722
30 Mar 201214 May 2012354,4124,907.8098,991
30 Jun 201213 Aug 2012353,7005,347.90107,868
30 Sep 201212 Nov 2012395,5445,683.70114,642
31 Dec 201212 Feb 2013417,5295,922.50119,458
31 Mar 201313 May 2013438,4575,980.45120,627
30 Jun 201312 Aug 2013416,2805,612.40113,204
30 Sep 201312 Nov 2013472,3726,018.05121,386
31 Dec 201312 Feb 2014552,2946,084.00122,716
31 Mar 201413 May 2014709,7327,108.75143,385
30 Jun 201412 Aug 2014963,8617,727.05155,856
30 Sep 201412 Nov 20141,191,9138,383.30169,093
31 Dec 201412 Feb 20151,401,9618,711.55175,714
31 Mar 201513 May 20151,300,6538,235.45166,111
30 Jun 201512 Aug 20151,192,5108,349.45168,410
30 Sep 201513 Nov 20151,115,0017,762.25156,566
31 Dec 201512 Feb 20161,302,4366,980.95140,807
31 Mar 201613 May 20161,463,2067,814.90157,628
30 Jun 201612 Aug 20161,647,0628,672.15174,919
30 Sep 201615 Nov 20161,588,8498,108.45163,549
31 Dec 201613 Feb 20171,719,8028,805.05177,600
31 Mar 201715 May 20172,108,3799,445.40190,516
30 Jun 201714 Aug 20172,658,2369,794.15197,550
30 Sep 201713 Nov 20173,503,60210,224.95206,240
31 Dec 201712 Feb 20183,813,06610,539.75212,589
31 Mar 201814 May 20183,586,51610,806.60217,972
CAGR43.02%8.10%


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 Container Corporation of India13 May 200854934.4140.350,50512 Aug 200854879.947,464405(3,041)----
2 Manappuram Finance13 May 200856158.4141.08,87919 Jun 200856141.07,887--(992)----
3 Nestle India13 May 2008171,871.61,537.231,84915 Jul 2008171,536.726,097--(5,752)----
4 Symphony Limited13 May 200811157.440.96,37818 Jun 200811140.94,530--(1,848)----
5 Titan Company13 May 200821,194.61,001.92,39130 Jun 200821,000.01,998--(394)----
6 BASF India12 Aug 2008206285.2258.258,81018 Sep 2008206258.053,104--(5,706)----
7 Coromandel International12 Aug 200821175.1113.13,68010 Oct 200821113.12,373--(1,307)----
8 Hindustan Unilever12 Aug 200872243.0212.617,51027 Oct 200872212.415,278--(2,232)----
9 Bank of Maharashtra12 Aug 20085636.229.52,0266 Oct 20085629.31,638--(388)----
10 Page Industries12 Aug 200814450.0416.36,30616 Sep 200814415.35,808--(498)----
11 Allcargo Logistics12 Nov 200813508.9124.36,62212 Feb 200913684.68,890--2,269----
12 Dabur India12 Nov 200823085.771.419,71912 Feb 200923091.821,0931731,374----
13 Hero Motocorp12 Nov 200869752.8652.751,99213 May 2009691,194.982,362--30,371----
14 Eclerx Services12 Feb 200943100.293.14,31319 Feb 20094393.13,999--(314)----
15 Hero Motocorp12 Feb 200912918.4823.011,03113 May 2009121,194.914,324--3,293----
16 Info Edge India12 Feb 200926428.0402.711,13813 May 200926535.813,917--2,779----
17 Siemens India12 Feb 20099226.3153.22,03913 May 20099329.52,962--923----
18 Sun TV Network12 Feb 200913166.2144.02,16312 Mar 200913142.71,853--(310)----
19 Bajaj Finserv13 May 200997259.2148.825,16312 Aug 200997284.727,588972,426----
20 Honeywell Automation India13 May 2009361,116.3694.240,22712 Aug 2009361,545.255,572--15,345----
21 Sun TV Network13 May 200984205.7159.117,29212 Aug 200984270.622,708--5,416----
22 Symphony Limited13 May 200928951.240.114,81212 Aug 200928968.819,849--5,037----
23 Thermax Limited13 May 200982263.9160.021,66112 Aug 200982415.134,00441012,343----
24 Gujarat Mineral Development Corporation12 Aug 200922291.071.920,21112 Nov 2009222107.523,8414443,630----
25 IPCA Laboratories12 Aug 200970612.1495.642,88612 Nov 200970892.162,38135019,495----
26 Jagran Prakashan12 Aug 200933192.474.630,61512 Nov 2009331119.939,6471,3249,032----
27 Jindal Steel and Power12 Aug 2009132,966.3395.138,60014 Sep 200978431.133,590429(5,010)----
28 Manappuram Finance12 Aug 200986322.4237.127,75412 Nov 200986538.946,299--18,545----
29 Bayer CropScience12 Nov 2009130431.2364.656,10615 Feb 2010130541.470,305--14,200----
30 Kansai Nerolac Paints12 Nov 2009331,275.2887.942,12215 Feb 2010331,070.035,275--(6,847)----
31 Suprajit Engineering12 Nov 200958191.281.953,01115 Feb 2010581155.290,0811,30737,070----
32 Torrent Pharmaceuticals12 Nov 200957387.9308.022,13215 Feb 201057453.125,801--3,668----
33 Voltas Limited12 Nov 2009202171.6154.734,6985 Feb 2010202154.731,218--(3,480)----
34 Bajaj Auto15 Feb 2010371,792.71,669.666,39412 Aug 2010372,635.097,3981,48031,003----
35 HDFC Bank15 Feb 2010701,613.81,467.2113,07913 May 2010701,965.4137,437--24,358----
36 NESCO Limited15 Feb 201071,152.2390.28,07320 Jul 201014453.86,347--(1,727)----
37 Siemens India15 Feb 201048644.0517.830,94113 May 201048667.231,994--1,053----
38 TVS Srichakra15 Feb 2010151236.4198.235,73213 May 2010151299.445,1571,5109,425----
39 Apollo Tyres13 May 201014470.861.210,20527 Jul 201014461.18,792108(1,413)----
40 Bajaj Auto13 May 2010242,203.71,887.452,94012 Aug 2010242,635.063,17796010,236----
41 Divis Laboratories13 May 2010115690.7621.479,51012 Aug 2010115750.786,2386906,728----
42 NESCO Limited13 May 2010451,122.0517.350,54020 Jul 201090555.549,945--(596)----
43 Whirlpool of India13 May 2010111205.8174.122,86712 Nov 2010111306.133,938--11,071----
44 Central Bank12 Aug 2010404184.6152.074,63312 Nov 2010404227.891,91940417,286----
45 Prime Focus12 Aug 201048536.234.625,76129 Oct 201048041.019,666--(6,095)----
46 South Indian Bank12 Aug 2010794199.916.5158,84023 Sep 2010794017.6139,217--(19,622)----
47 Venkys India12 Aug 201031760.8535.823,60712 Nov 201031813.525,1921241,585----
48 Whirlpool of India12 Aug 2010108297.7251.632,17812 Nov 2010108306.133,020--842----
49 Delta Corp12 Nov 2010118134.581.215,88728 Jan 201111880.99,542--(6,345)----
50 Eclerx Services12 Nov 2010177661.8539.2117,25614 Feb 2011177651.0115,103--(2,153)----
51 Elgi Equipments12 Nov 2010631197.969.4125,00014 Dec 2010126274.493,743--(31,256)----
52 Suprajit Engineering12 Nov 2010280324.921.769,72426 Nov 2010280321.660,495--(9,229)----
53 TTK Prestige12 Nov 2010101,624.61,175.416,26214 Feb 2011101,642.116,405--142----
54 Bata India14 Feb 2011173340.5295.658,96512 Aug 2011173698.5120,71169261,746----
55 Mcleod Russel14 Feb 2011452215.3197.097,41313 May 2011452262.8118,667--21,254----
56 South Indian Bank14 Feb 2011412120.215.883,32712 Aug 2011412121.889,7482,0616,421----
57 UCO Bank14 Feb 2011368104.087.638,31021 Jul 201136887.432,1481,104(6,162)----
58 VIP Industries14 Feb 201130551.6461.216,56313 May 201130666.919,987--3,424----
59 Bajaj Auto13 May 2011241,336.61,225.032,11012 Aug 2011241,454.634,8749602,764----
60 Bata India13 May 201153462.7354.724,54812 Aug 201153698.536,98121212,433----
61 Divis Laboratories13 May 201164706.4590.345,25212 Aug 201164763.148,7866403,535----
62 South Indian Bank13 May 2011112723.521.126,5119 Aug 2011112721.023,682564(2,829)----
63 UCO Bank13 May 201110199.383.610,0392 Aug 201110183.38,403303(1,636)----
64 Asian Paints12 Aug 2011463,229.13,032.9148,6875 Oct 2011463,032.0139,333--(9,355)----
65 Balmer Lawrie12 Aug 2011159660.2588.6105,0775 Oct 2011159587.793,3444,134(11,733)----
66 TTK Prestige12 Aug 201153,022.02,670.315,12524 Aug 201152,650.913,241--(1,884)----
67 VIP Industries12 Aug 201130771.9130.123,18031 Oct 2011150138.720,786210(2,394)----
68 Voltas Limited12 Aug 2011807133.7108.8108,0043 Oct 2011807108.087,075--(20,929)----
69 GlaxoSmithKline Consumer Healthcare14 Nov 2011722,666.62,382.4192,18713 Aug 2012722,784.7200,2942,5208,107----
70 Hero Motocorp14 Nov 2011752,209.61,988.7165,88212 Dec 2011751,986.3148,820--(17,062)----
71 Asian Paints13 Aug 2012183,772.73,517.867,97612 Nov 2012184,089.673,5391715,564----
72 Kaveri Seed Company13 Aug 201268801.4683.354,55012 Nov 2012681,194.181,114--26,565----
73 Pidilite Industries13 Aug 2012437180.8167.079,06712 Nov 2012437208.591,023--11,957----
74 Torrent Pharmaceuticals13 Aug 2012152685.9601.2104,36112 Nov 2012152666.8101,245--(3,116)----
75 Whirlpool of India13 Aug 2012191253.7214.348,50512 Nov 2012191257.949,210--704----
76 Bayer CropScience12 Nov 2012961,178.01,059.4113,20112 Feb 2013961,129.7108,343--(4,858)----
77 City Union Bank12 Nov 2012173559.552.1103,33622 Nov 2012173551.989,950--(13,386)----
78 Kajaria Ceramics12 Nov 2012235222.1180.752,24612 Feb 2013235203.847,845--(4,401)----
79 La Opala RG12 Nov 2012405167.4143.067,84512 Feb 2013405300.9121,743--53,898----
80 Multi Commodity Exchange of India12 Nov 2012371,578.81,329.658,47412 Feb 2013371,319.248,761444(9,713)----
81 Bajaj Auto12 Feb 2013342,076.21,940.370,66026 Feb 2013341,936.665,778--(4,882)----
82 Britannia Industries12 Feb 2013278477.0453.6132,72513 May 2013278560.4155,622--22,897----
83 Emami Limited12 Feb 201399610.2386.360,46526 Jun 2013148397.858,8131,184(1,652)----
84 Torrent Pharmaceuticals12 Feb 2013128692.9638.888,77313 May 2013128700.189,517--743----
85 VST Industries12 Feb 2013361,799.81,685.764,85625 Feb 2013361,680.160,424--(4,432)----
86 City Union Bank13 May 2013126354.351.568,58624 Jul 2013126351.464,8481,263(3,738)----
87 Emami Limited13 May 2013124677.5409.084,08826 Jun 2013186416.077,2941,488(6,794)----
88 GlaxoSmithKline Consumer Healthcare13 May 2013104,147.63,779.641,51712 Aug 2013103,969.539,655--(1,863)----
89 Supreme Industries13 May 2013300352.5318.4105,84112 Aug 2013300336.9100,969--(4,872)----
90 VST Industries13 May 2013451,585.31,514.471,4087 Aug 2013451,512.768,0042,813(3,403)----
91 Castrol India12 Aug 2013377322.6296.9121,74212 Nov 2013377299.4112,742--(9,000)----
92 Colgate Palmolive India12 Aug 2013371,326.71,180.349,13512 Nov 2013371,232.045,537333(3,599)----
93 DB Corp12 Aug 2013124253.1217.631,41012 Nov 2013124264.932,815--1,405----
94 Kaveri Seed Company12 Aug 2013181,642.71,526.029,59727 Aug 2013181,524.727,418--(2,180)----
95 MindTree Limited12 Aug 2013185997.0812.5184,62012 Nov 20131851,368.0252,82792568,207----
96 Ajanta Pharma12 Nov 201341949.6711.238,97312 Feb 201441967.239,616--643----
97 Dhanuka Agritech12 Nov 20132069153.0136.9316,87412 Feb 20142069187.2386,930--70,056----
98 Eclerx Services12 Nov 20131041,113.9833.7115,96212 Feb 20141041,204.9125,184--9,223----
99 Atul Limited12 Feb 2014236421.8381.199,64413 May 2014236732.3172,650--73,006----
100 DB Corp12 Feb 2014575312.4277.6179,81013 May 2014575281.1161,471--(18,339)----
101 Jammu and Kashmir Bank12 Feb 2014471,375.81,211.364,72513 May 2014471,870.087,800--23,075----
102 La Opala RG12 Feb 2014243638.2584.4155,22613 May 2014243880.6213,772--58,546----
103 Suprajit Engineering12 Feb 201498553.239.952,45413 May 201498574.873,604--21,150----
104 Aurobindo Pharma13 May 2014164620.3546.5101,83112 Aug 2014164767.8125,78528723,954----
105 Balmer Lawrie13 May 2014830348.3299.7289,33712 Aug 2014830540.1447,793--158,457----
106 Hero Motocorp13 May 2014862,429.02,153.5209,10312 Aug 2014862,597.2223,1368,17014,033----
107 Kitex Garments13 May 2014257136.488.535,07712 Aug 2014257276.570,989--35,912----
108 South Indian Bank13 May 2014299424.421.973,12712 Aug 2014299428.184,0472,39510,921----
109 Akzo Nobel India12 Aug 20143481,047.1969.5364,75512 Nov 20143481,247.8433,783--69,028----
110 Kaveri Seed Company12 Aug 2014143796.8667.5114,05612 Nov 2014143901.3128,75070114,694----
111 PI Industries12 Aug 2014324405.5315.8131,49712 Nov 2014324447.2144,73232413,235----
112 Whirlpool of India12 Aug 2014876383.5329.5336,23812 Nov 2014876532.9466,310--130,072----
113 Britannia Industries12 Nov 20142061,599.51,383.6329,81612 Feb 20152061,967.5404,900--75,084----
114 Dhanuka Agritech12 Nov 2014171537.0446.391,91912 Feb 2015171510.587,200--(4,719)----
115 IndusInd Bank12 Nov 2014942727.7600.0686,13212 Feb 2015942870.0818,673--132,542----
116 TVS Srichakra12 Nov 2014461,538.01,047.970,81912 Feb 2015461,696.577,961--7,142----
117 Ajanta Pharma12 Feb 2015532,516.8892.3133,52420 Mar 2015132940.0123,956--(9,568)----
118 Century Plyboards12 Feb 2015367196.5152.472,16913 May 2015367175.964,472--(7,697)----
119 HDFC Bank12 Feb 20156021,076.0932.7648,40013 May 2015602990.3595,534--(52,865)----
120 PVR Limited12 Feb 2015545685.0649.8373,69820 Apr 2015545649.7353,718--(19,980)----
121 V-Mart Retail12 Feb 2015314550.5517.3173,0307 May 2015314515.9161,833--(11,197)----
122 Inox Wind13 May 20152871452.2415.51,299,4218 Jun 20152871415.41,191,277--(108,144)----
123 Manpasand Beverages12 Aug 20152838419.3336.01,191,16313 Nov 20152838391.81,110,8172,838(80,347)----
124 Dhanuka Agritech13 Nov 20151918431.8393.8829,02113 May 20161918630.11,207,32321,098378,303----
125 Rajesh Exports13 Nov 2015409697.9476.7285,70613 May 2016409573.1234,143368(51,563)----
126 Ajanta Pharma13 May 20162151,536.21,366.7330,60312 Aug 20162151,904.6409,069--78,466----
127 Eclerx Services13 May 20163621,391.81,315.8504,33612 Aug 20163621,517.7548,85836244,523----
128 ITC Limited13 May 2016505319.4202.1161,4331 Jul 2016757212.1160,4135,303(1,020)----
129 Maharashtra Scooters13 May 20161481,354.71,244.7200,68912 Aug 20161481,536.6227,189--26,501----
130 Supreme Industries13 May 2016309862.2775.3266,67113 Feb 20173091,013.0312,70492746,033----
131 Abbott India12 Aug 20161374,694.54,391.9643,78323 Jan 20171374,389.5600,762--(43,021)----
132 Avanti Feeds12 Aug 2016179598.7476.0107,26613 Nov 20171792,785.6498,1241,611390,858----
133 Kaveri Seed Company12 Aug 2016833381.1316.2317,73213 Feb 2017833476.8396,736--79,004----
134 Sundram Fasteners12 Aug 2016394234.4188.392,44613 Feb 2017394336.9132,60667040,160----
135 Supreme Industries12 Aug 2016197959.2879.0189,15126 Sep 2016197875.8172,360--(16,791)----
136 AIA Engineering13 Feb 20171281,383.71,273.2177,28415 May 20171281,509.6193,02951215,745----
137 Avanti Feeds13 Feb 2017344574.0487.2197,65413 Nov 20173442,785.6957,2883,096759,635----
138 Britannia Industries13 Feb 20171713,271.72,865.3560,02015 May 20171713,741.6639,165--79,145----
139 CRISIL Limited13 Feb 20171482,078.11,944.5307,85917 Mar 20171481,931.1285,514--(22,345)----
140 NESCO Limited13 Feb 20171642,259.52,017.2370,92915 May 20171642,585.9423,655--52,727----
141 Avanti Feeds15 May 20172061,076.9801.6222,05313 Nov 20172062,785.6573,2601,854351,207----
142 Balrampur Chini Mills15 May 2017892165.4147.2147,6848 Jun 2017892146.9130,913--(16,772)----
143 Lakshmi Vilas Bank15 May 2017953190.1162.5181,29914 Aug 2017953170.9162,7052,573(18,594)----
144 NATCO Pharma15 May 2017278934.4789.8260,00910 Aug 2017278771.0214,119--(45,890)----
145 UPL Limited15 May 2017876837.3705.8734,16414 Aug 2017876858.5751,2506,13217,086----
146 Avanti Feeds14 Aug 2017241,898.51,544.545,61013 Nov 2017242,785.666,788--21,178----
147 Bajaj Corp14 Aug 2017816411.0357.6335,67113 Nov 2017816459.2374,333--38,662----
148 DCM Shriram14 Aug 2017299384.5346.8115,06613 Nov 2017299546.3163,180--48,115----
149 TTK Prestige14 Aug 20171086,280.15,913.7678,92913 Nov 20171086,593.9711,424--32,495----
150 VIP Industries14 Aug 2017510195.5180.299,77913 Nov 2017510314.1160,031--60,252----
151 City Union Bank13 Nov 20174298166.4157.7715,6875 Feb 20184298157.6676,851--(38,837)----
152 Dhanuka Agritech13 Nov 20171304651.5619.5850,34012 Feb 20181304696.2906,937--56,597----
153 Gulf Oil Lubricants India13 Nov 2017503880.3794.1443,20912 Feb 20185031,039.7522,421--79,213----
154 Tata Elxsi13 Nov 2017426906.3130.4386,47012 Feb 20184261,007.7428,830--42,360----
155 TVS Srichakra13 Nov 20173513,150.92,967.91,107,07212 Feb 20183513,642.41,277,204--170,132----
156 12 Feb 2018910210.5181.2191,7477 Mar 2018910181.1164,638--------
157 12 Feb 20189921,970.61,829.01,956,7413 May 20189921,826.01,809,53715,872------
158 12 Feb 20184601,834.71,617.8844,78314 May 20184601,787.9821,589--------
159 12 Feb 20182343,249.63,081.0761,1556 Mar 20182343,063.9716,239--------
160 14 May 20188991,464.11,399.61,317,542--899--------1,549.61,393,090
161 14 May 2018773,215.72,695.2247,853--77--------3,347.3257,738
162 14 May 20182625542.2509.11,424,567--2625--------524.51,376,813
163 14 May 20184561,306.91,067.2596,520--456--------1,159.9528,914
Portfolio Totals107,3293,621,622 3,556,555

If you have any questions about the icTracker Backtesting, have a comment or otherwise want to provide feedback, please Contact Us.