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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 September 2007 onwards:


As seen above, the initial corpus of Rs.100,000 invested on 30 September 2007 has grown to Rs.2,353,635 as of 30 September 2017.

In other words, the icTracker has outperformed the Nifty 50 by 1361% during this period.


Generated Portfolio Stats
CAGR Alpha Beta Std Deviation Sharpe Ratio Treynor Ratio Modigliani Ratio
37.11%30.79%0.386874631.32%96.91%78.44%31.85%

The detailed performance data for the above chart is shown below.
icTracker gen.Nifty 50
Qtr EndTrade DatePortfolio valueIndex ValuePortfolio value
30 Sep 200716 Nov 2007100,0005,906.85100,000
31 Dec 200718 Feb 200898,2175,276.9089,335
31 Mar 200820 May 200881,7545,104.9586,424
30 Jun 200818 Aug 200875,4704,393.0574,372
30 Sep 200817 Nov 200866,7992,799.5547,395
31 Dec 200816 Feb 200966,7992,848.5048,224
31 Mar 200918 May 200979,3384,323.1573,189
30 Jun 200917 Aug 2009102,1764,387.9074,285
30 Sep 200916 Nov 2009140,1915,058.0585,630
31 Dec 200916 Feb 2010170,4674,855.7582,205
31 Mar 201017 May 2010217,9675,059.9085,662
30 Jun 201016 Aug 2010233,4685,418.3091,729
30 Sep 201016 Nov 2010283,6955,988.70101,386
31 Dec 201016 Feb 2011242,2615,481.7092,802
31 Mar 201117 May 2011242,1225,438.9592,079
30 Jun 201116 Aug 2011279,4415,035.8085,254
30 Sep 201116 Nov 2011277,5285,030.4585,163
30 Dec 201115 Feb 2012304,5115,531.9593,653
30 Mar 201216 May 2012386,1054,858.2582,248
30 Jun 201216 Aug 2012409,9735,362.9590,792
30 Sep 201216 Nov 2012462,9145,574.0594,366
31 Dec 201218 Feb 2013442,3155,898.2099,854
31 Mar 201317 May 2013540,5826,187.30104,748
30 Jun 201316 Aug 2013557,2305,507.8593,245
30 Sep 201318 Nov 2013565,5906,189.00104,777
31 Dec 201317 Feb 2014547,9666,073.30102,818
31 Mar 201419 May 2014692,1627,263.55122,968
30 Jun 201418 Aug 2014857,8007,874.25133,307
30 Sep 201417 Nov 20141,245,2128,430.75142,728
31 Dec 201416 Feb 20151,333,5138,809.35149,138
31 Mar 201518 May 20151,406,7388,373.65141,762
30 Jun 201517 Aug 20151,454,0988,477.30143,516
30 Sep 201516 Nov 20151,363,4457,806.60132,162
31 Dec 201516 Feb 20161,294,7267,048.25119,323
31 Mar 201617 May 20161,501,2357,890.75133,586
30 Jun 201616 Aug 20161,572,7498,642.55146,314
30 Sep 201616 Nov 20161,424,4758,111.60137,325
31 Dec 201616 Feb 20171,542,3068,778.00148,607
31 Mar 201717 May 20172,277,6919,525.75161,266
30 Jun 201716 Aug 20172,238,3349,897.30167,556
30 Sep 201716 Nov 20172,353,63510,214.75172,931
CAGR37.11%5.63%


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 63 Moons Technologies16 Nov 200792,479.12,271.522,33421 Jan 200892,248.920,220--(2,114)----
2 City Union Bank16 Nov 2007214242.022.551,82923 Jan 2008214026.155,881--4,052----
3 Godrej Consumer Products16 Nov 2007177133.2113.223,60021 Jan 2008177112.419,879--(3,721)----
4 63 Moons Technologies18 Feb 200882,196.01,816.617,5867 Mar 200881,812.714,487--(3,099)----
5 Castrol India18 Feb 2008279279.3232.077,98919 Mar 2008279231.964,625--(13,364)----
6 Blue Star20 May 200827459.7406.212,4236 Jun 200827405.510,938--(1,485)----
7 Colgate Palmolive India20 May 200839448.8392.517,5216 Jun 200839391.715,263--(2,258)----
8 CRISIL Limited20 May 2008103,670.53,131.236,74110 Oct 2008103,124.331,211100(5,530)----
9 City Union Bank20 May 20089431.824.82,99227 Jun 20089424.72,323--(669)----
10 Sun Pharma Advanced Research20 May 200812794.276.711,96925 Jul 200812776.79,733--(2,236)----
11 CRISIL Limited18 Aug 200893,700.53,434.133,33712 Sep 200893,427.930,820--(2,517)----
12 Infosys Limited18 Aug 200811,704.41,466.11,70626 Sep 200811,462.31,461--(245)----
13 Jagran Prakashan18 Aug 20081472.263.21,01217 Oct 20081463.188314(129)----
14 AstraZeneca Pharma16 Feb 20097523.0476.33,66518 May 20097523.03,657105(7)----
15 Colgate Palmolive India16 Feb 200928434.7405.812,18217 Aug 200928602.116,8411684,658----
16 Hero Motocorp16 Feb 200924934.5829.922,45018 May 2009241,487.335,660--13,209----
17 ITC Limited16 Feb 2009129181.2169.623,3925 Mar 2009129169.121,788--(1,604)----
18 Sun TV Network16 Feb 200928175.3149.94,9139 Mar 200928149.24,173--(740)----
19 Bank of India18 May 20098290.5228.52,32617 Aug 20098316.02,52540199----
20 Castrol India18 May 200958343.7306.019,95517 Aug 200958459.626,6275806,673----
21 Colgate Palmolive India18 May 200926485.4445.212,63217 Aug 200926602.115,638--3,006----
22 City Union Bank18 May 2009104617.812.018,58517 Aug 2009104622.723,6687855,083----
23 Nestle India18 May 200971,740.01,502.312,19216 Nov 200972,620.018,3221896,129----
24 KPIT Technologies17 Aug 200953057.347.330,37316 Nov 2009530101.753,847--23,474----
25 Nestle India17 Aug 2009262,202.01,840.457,30916 Nov 2009262,620.068,05270210,743----
26 Coromandel International16 Nov 200978222.2190.417,34516 Feb 201078260.920,3264682,981----
27 Hero Motocorp16 Nov 2009121,647.11,499.219,78516 Feb 2010121,695.420,324--539----
28 Titan Company16 Nov 2009641,376.11,237.588,15816 Feb 2010641,727.5110,449--22,291----
29 TTK Prestige16 Nov 200942340.6220.814,31717 May 201042595.324,978--10,660----
30 AstraZeneca Pharma16 Feb 201015912.9824.013,70617 May 201015831.012,453150(1,254)----
31 Bajaj Auto16 Feb 2010221,797.51,670.339,58517 May 2010222,167.047,625--8,041----
32 MphasiS Limited16 Feb 20105739.4688.33,70025 Feb 20105685.53,424--(276)----
33 TTK Prestige16 Feb 2010216436.1392.694,28117 May 2010216595.3128,456--34,175----
34 Castrol India17 May 201087380.556.633,13216 Aug 201087463.540,2846097,152----
35 GlaxoSmithKline Consumer Healthcare17 May 2010731,678.81,548.1122,67116 Aug 2010731,816.0132,432--9,760----
36 Nestle India17 May 2010222,858.92,731.462,95916 Aug 2010222,772.760,938--(2,020)----
37 Canara Bank16 Aug 2010159504.6435.680,30416 Feb 2011159590.093,708--13,405----
38 Eclerx Services16 Aug 201034544.6378.518,53516 Feb 201134657.722,3393403,805----
39 Indraprastha Gas16 Aug 2010189315.3254.259,65116 Feb 2011189305.657,701851(1,951)----
40 Jindal Steel and Power16 Aug 201071663.7618.747,17026 Nov 201071617.443,78889(3,381)----
41 Whirlpool of India16 Aug 201094298.2252.828,05414 Jan 201194252.323,691--(4,363)----
42 Bajaj Auto16 Feb 20111261,332.11,108.0168,01316 Aug 20111261,456.4183,3175,04015,304----
43 City Union Bank16 Feb 201144043.635.819,18117 May 201144042.118,484--(698)----
44 TTK Prestige16 Feb 2011111,683.91,381.718,54117 May 2011112,309.225,375--6,834----
45 UCO Bank16 Feb 2011350104.791.836,66417 May 201135095.333,322--(3,342)----
46 Bajaj Auto17 May 2011121,310.21,194.715,73816 Aug 2011121,456.417,4594801,721----
47 Bata India17 May 201134473.9358.616,12716 Aug 201134699.423,7541367,627----
48 ITC Limited17 May 2011244187.9165.745,88116 Aug 2011244200.548,8731,0862,992----
49 Asian Paints16 Aug 2011443,260.13,032.6143,5885 Oct 2011443,031.8133,265--(10,323)----
50 Hero Motocorp16 Aug 2011501,890.31,764.294,61016 Nov 2011502,103.8105,0821,75010,473----
51 VIP Industries16 Aug 201150789.3133.639,50431 Oct 2011250141.535,341350(4,163)----
52 MindTree Limited16 Nov 2011540396.9343.1214,54016 Aug 2012540649.7350,460810135,920----
53 Nestle India16 Nov 2011114,419.84,189.048,66623 Nov 2011114,187.946,021--(2,645)----
54 Prime Focus16 Nov 201120859.252.312,32623 Nov 201120851.410,687--(1,639)----
55 Eclerx Services16 Aug 201242799.0662.733,5928 Nov 201242661.227,743--(5,848)----
56 Kaveri Seed Company16 Aug 201297812.0693.978,83816 Nov 2012971,274.4123,488--44,650----
57 Page Industries16 Aug 2012263,180.02,943.382,76118 Feb 2013263,252.184,4703121,709----
58 Supreme Industries16 Aug 2012345277.6233.395,86816 Nov 2012345291.1100,3291,5534,461----
59 UCO Bank16 Aug 2012168769.460.2117,19516 Nov 2012168771.6120,668--3,474----
60 Bayer CropScience16 Nov 20121351,171.21,007.0158,27018 Feb 20131351,114.7150,327--(7,943)----
61 Colgate Palmolive India16 Nov 2012891,329.91,246.7118,48018 Feb 2013891,331.8118,407534(72)----
62 Indraprastha Gas16 Nov 201270261.9242.718,35118 Feb 201370259.318,133--(218)----
63 Kajaria Ceramics16 Nov 2012278236.1183.965,68818 Feb 2013278201.155,836--(9,852)----
64 Page Industries16 Nov 201243,350.03,062.013,41318 Feb 201343,252.112,995--(418)----
65 Ajanta Pharma18 Feb 2013138582.1370.180,40317 May 2013138953.6131,458--51,055----
66 Blue Dart Express18 Feb 2013902,127.42,025.0191,65317 May 2013902,618.8235,452--43,799----
67 Cera Sanitaryware18 Feb 201330415.0388.812,46217 May 201330450.813,510--1,048----
68 Emami Limited18 Feb 201370623.2591.843,6681 Mar 201370591.141,336--(2,331)----
69 MindTree Limited18 Feb 2013142798.2698.4113,45117 May 2013142828.9117,5795684,128----
70 Astra Microwave Products17 May 201353040.338.821,38011 Jun 201353038.720,512--(869)----
71 Britannia Industries17 May 2013177570.7520.9101,11516 Aug 2013177742.8131,3351,50530,220----
72 Emami Limited17 May 2013221693.6414.0153,43926 Jun 2013331420.0138,8662,648(14,573)----
73 VST Industries17 May 20131661,587.31,516.1263,7477 Aug 20131661,514.1251,09010,375(12,657)----
74 Blue Dart Express16 Aug 2013172,338.22,088.839,78818 Nov 2013172,757.846,835--7,047----
75 CRISIL Limited16 Aug 20133331,163.31,104.2387,7502 Sep 20133331,102.0366,602--(21,147)----
76 Hero Motocorp16 Aug 2013491,985.41,726.397,37918 Nov 2013492,055.2100,6022,9403,222----
77 PI Industries16 Aug 2013217132.9118.328,86818 Nov 2013217206.944,84232615,973----
78 Ajanta Pharma18 Nov 201361983.6712.960,05717 Feb 201461946.957,703--(2,353)----
79 Bank of India18 Nov 201383240.8183.920,0023 Feb 201483183.615,221415(4,782)----
80 Hindustan Unilever18 Nov 2013601596.7554.4358,9459 Jan 2014601554.3332,807--(26,138)----
81 Page Industries18 Nov 2013254,962.74,444.9124,19217 Feb 2014255,552.6138,67575014,483----
82 Adani Ports and Special Economic Zone17 Feb 20141274151.2138.6192,82119 May 20141274231.7294,827--102,006----
83 CRISIL Limited17 Feb 20141761,114.51,048.1196,34819 May 20141761,372.4241,2922,28844,944----
84 Eclerx Services17 Feb 2014481,228.71,053.959,03728 Mar 2014481,051.850,438--(8,599)----
85 HCL Technologies17 Feb 2014421,502.41,220.463,16419 May 2014421,307.254,848168(8,316)----
86 KRBL Limited17 Feb 201479446.033.436,52119 May 201479460.848,227--11,706----
87 Astra Microwave Products19 May 2014111889.460.399,99318 Aug 20141118131.2146,4791,23046,486----
88 Hero Motocorp19 May 2014392,448.42,190.995,58318 Aug 2014392,511.597,8493,7052,266----
89 South Indian Bank19 May 20141037426.523.3275,18618 Aug 20141037429.2302,1008,29926,914----
90 Symphony Limited19 May 2014255864.4637.5220,64217 Nov 20142552,048.9521,9342,805301,292----
91 Britannia Industries18 Aug 2014291,270.11,026.836,87016 Feb 2015292,034.258,933--22,063----
92 PI Industries18 Aug 201442412.6320.217,34717 Nov 201442432.918,16492817----
93 Symphony Limited18 Aug 2014131,166.2979.915,17617 Nov 2014132,048.926,60814311,433----
94 Torrent Pharmaceuticals18 Aug 2014649754.8672.2490,35517 Nov 2014649967.3627,118--136,762----
95 Bayer CropScience17 Nov 2014172,822.42,412.148,02916 Feb 2015173,483.459,159--11,130----
96 Britannia Industries17 Nov 20141571,644.01,406.2258,36616 Feb 20151572,034.2319,050--60,684----
97 Hero Motocorp17 Nov 20142233,028.92,775.3676,1209 Feb 20152232,766.0616,201--(59,919)----
98 KRBL Limited17 Nov 2014201799.886.3201,49818 May 20152017168.9340,230--138,732----
99 Ajanta Pharma16 Feb 2015452,782.8986.4125,34920 Mar 20151121,015.3113,601--(11,748)----
100 CRISIL Limited16 Feb 20151142,126.01,885.7242,60118 May 20151142,092.4238,2891,596(4,311)----
101 HDFC Bank16 Feb 20154541,067.6936.8485,15218 May 20154541,009.9458,013--(27,139)----
102 KRBL Limited16 Feb 20151261132.296.7166,87118 May 20151261168.9212,707--45,836----
103 TVS Srichakra16 Feb 2015281,757.41,603.349,25626 Feb 2015281,596.844,666--(4,590)----
104 Blue Star18 May 20151537331.9306.4510,56417 Aug 20151537361.5555,0707,68544,506----
105 Cera Sanitaryware18 May 2015482,132.01,629.0102,43617 Aug 2015482,007.296,249300(6,187)----
106 Kajaria Ceramics18 May 2015494783.1734.9387,21429 Jun 2015494733.9362,181--(25,032)----
107 TVS Srichakra18 May 2015231,819.11,300.641,88117 Aug 2015233,181.173,092--31,211----
108 VST Industries18 May 20152171,675.51,523.2363,93617 Aug 20152171,585.1343,62315,190(20,314)----
109 Bajaj Corp17 Aug 2015211469.0425.199,05813 Oct 2015211424.489,459--(9,599)----
110 Eclerx Services17 Aug 2015961,697.21,146.4163,09417 Dec 20151271,202.5152,567--(10,528)----
111 Supreme Industries17 Aug 20151367657.8601.8900,11224 Aug 20151367600.1819,495--(80,617)----
112 Torrent Pharmaceuticals17 Aug 20151691,599.21,366.8270,52716 Nov 20151691,530.1258,320--(12,207)----
113 Eclerx Services16 Nov 20153471,821.51,232.5632,69317 Dec 20154621,271.3586,775--(45,918)----
114 SJVN Limited16 Nov 20151983028.024.5555,79516 Feb 20161983027.4542,79912,493(12,997)----
115 Interglobe Aviation16 Feb 201642840.9490.335,35117 May 2016421,050.044,054--8,703----
116 Dr Lal PathLabs16 Feb 20161497840.6761.11,259,56217 May 20161497974.51,457,368--197,806----
117 Eclerx Services17 May 2016311,390.51,278.843,14916 Aug 2016311,606.749,756316,608----
118 GlaxoSmithKline Consumer Healthcare17 May 2016696,095.05,738.1420,97624 May 2016695,736.5395,422--(25,553)----
119 Hero Motocorp17 May 20161312,932.52,735.2384,53516 Aug 20161313,291.3430,729--46,194----
120 ITC Limited17 May 2016685330.5212.1226,6191 Jul 20161027220.2225,8847,193(735)----
121 Supreme Industries17 May 2016483878.5783.4424,74016 Aug 2016483958.6462,517--37,777----
122 DB Corp16 Aug 20162386409.0373.9976,85011 Nov 20162386373.3889,775--(87,075)----
123 Gujarat Heavy Chemicals16 Aug 2016423246.2172.9104,22616 Nov 2016423224.995,016--(9,209)----
124 Rain Industries16 Aug 2016226439.535.389,40416 Nov 2016226446.2104,3792,26414,975----
125 Rural Electrification Corporation16 Aug 20161697228.283.7387,64328 Sep 2016339491.4309,7598,655(77,884)----
126 Dhanuka Agritech16 Nov 2016315711.6660.9224,36216 Feb 2017315764.8240,671--16,309----
127 Siemens16 Nov 201610741,115.9995.91,199,67516 Feb 201710741,206.81,294,7546,44495,078----
128 Avanti Feeds16 Feb 2017990599.1492.9593,65317 May 20179901,301.81,287,493--693,841----
129 Indraprastha Gas16 Feb 20173371,053.1935.0355,25017 May 20173371,019.1343,093--(12,156)----
130 NATCO Pharma16 Feb 201792767.1583.070,63916 Aug 201792763.570,167667(472)----
131 VST Industries16 Feb 20171842,757.82,428.3507,94317 May 20171842,958.4543,792--35,849----
132 Balrampur Chini Mills17 May 20171317166.3147.6219,2368 Jun 20171317147.3193,771--(25,465)----
133 Gulf Oil Lubricants India17 May 20171371780.2702.91,070,65516 Nov 20171371956.61,310,1196,855239,463----
134 NATCO Pharma17 May 2017463955.9796.4443,00110 Aug 2017463776.3359,065--(83,936)----
135 UPL Limited17 May 2017549830.5709.1456,37316 Aug 2017549852.1467,3353,84310,962----
136 Gulf Oil Lubricants India16 Aug 2017972834.1788.3811,55631 Aug 2017972788.1765,289--(46,267)----
137 Varun Beverages16 Aug 2017503521.3493.1262,47616 Nov 2017503496.3249,3641,258(13,112)----
138 16 Nov 20178061,284.91,213.51,036,625--806--------1,494.11,204,245
139 16 Nov 2017126,047.95,187.272,647--12--------6,500.178,001
140 16 Nov 201766895.6193.459,169--66--------956.863,149
141 16 Nov 20173363,406.52,791.81,145,712--336--------3,249.91,091,966
Portfolio Totals129,9722,123,669 2,437,361

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