How has the icTracker performed against the BSE 200?

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 BSE 200. Here is how this virtual portfolio has performed from June 2015 onwards:

Performance of icTracker v/s BSE 200 over time (in multiples of initial corpus)

As seen above, the initial corpus of Rs.100,000 invested on 30 June 2015 has grown to Rs.2,678,557 as of 30 June 2025.

In other words, the icTracker has outperformed the BSE 200 by 863% during this period.

Generated Portfolio Stats
CAGR Alpha Beta Std Deviation Sharpe Ratio Treynor Ratio Modigliani Ratio
38.89%26.68%1.0413553.35%61.07%31.29%17.10%

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

icTracker gen.BSE 200
Qtr EndTrade DatePortfolio valueIndex ValuePortfolio value
30 Jun 201514 Aug 2015100,0003,594.45100,000
30 Sep 201516 Nov 201590,7703,300.7491,829
31 Dec 201515 Feb 201683,1733,026.3484,195
31 Mar 201616 May 201696,6913,332.4292,710
30 Jun 201616 Aug 2016106,7963,697.04102,854
30 Sep 201615 Nov 2016105,4393,478.0896,763
31 Dec 201614 Feb 2017118,2803,811.33106,034
31 Mar 201715 May 2017154,1234,147.25115,379
30 Jun 201714 Aug 2017223,8334,266.76118,704
30 Sep 201714 Nov 2017303,3324,488.13124,863
31 Dec 201714 Feb 2018325,7434,613.28128,345
31 Mar 201815 May 2018302,7174,678.22130,151
30 Jun 201814 Aug 2018297,2394,906.75136,509
30 Sep 201814 Nov 2018285,8664,521.57125,793
31 Dec 201814 Feb 2019267,0834,527.35125,954
31 Mar 201915 May 2019248,5294,660.92129,670
30 Jun 201914 Aug 2019249,9874,599.91127,973
30 Sep 201914 Nov 2019292,2614,964.60138,119
31 Dec 201914 Feb 2020385,3305,097.54141,817
31 Mar 202015 May 2020339,3463,868.53107,625
30 Jun 202014 Aug 2020445,6844,729.85131,588
30 Sep 202014 Nov 2020644,3575,365.47149,271
31 Dec 202015 Feb 2021779,3376,478.34180,232
31 Mar 202117 May 2021903,3676,450.91179,469
30 Jun 202116 Aug 20212,201,7867,127.02198,279
30 Sep 202115 Nov 20212,069,8687,878.72219,191
31 Dec 202114 Feb 20221,920,0507,274.37202,378
31 Mar 202216 May 20221,820,9526,887.71191,621
30 Jun 202216 Aug 20221,825,5707,785.88216,608
30 Sep 202214 Nov 20221,875,2657,970.68221,750
31 Dec 202214 Feb 20231,751,2517,596.18211,331
31 Mar 202315 May 20231,909,0837,872.74219,025
30 Jun 202314 Aug 20232,195,8048,430.48234,542
30 Sep 202315 Nov 20232,767,7148,675.17241,349
31 Dec 202314 Feb 20243,036,4069,866.16274,483
31 Mar 202415 May 20242,808,10010,254.42285,285
30 Jun 202414 Aug 20243,114,23911,179.43311,019
30 Sep 202414 Nov 20243,062,64610,803.52300,561
31 Dec 202414 Feb 20252,779,33010,260.16285,445
31 Mar 202515 May 20252,610,26211,302.31314,438
30 Jun 202514 Aug 20252,678,55711,150.89310,225
CAGR38.89%11.98%

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 Hero Motocorp14 Aug 201592,712.52,525.924,43624 Aug 201592,515.322,615--(1,822)----
2 IndusInd Bank14 Aug 201535959.0842.333,59901 Sep 201535840.129,376--(4,223)----
3 Shilchar Technologies14 Aug 201518170.2116.23,06716 Nov 201518169.83,053--(13)----
4 Supreme Industries14 Aug 201553645.7592.634,25625 Aug 201553590.431,259--(2,998)----
5 TVS Srichakra14 Aug 201512,901.41,957.82,90416 Nov 201512,699.32,69734(208)----
6 Control Print16 Nov 201529458.3359.013,30414 Jan 201629354.610,272--(3,032)----
7 Eclerx Services16 Nov 2015151,821.51,232.527,35017 Dec 2015191,271.324,131--(3,218)----
8 Indo Count Industries16 Nov 201510946.8851.39,47715 Feb 201610981.99,809--332----
9 NESCO Limited16 Nov 2015241,615.61,370.738,81315 Feb 2016241,548.837,134--(1,679)----
10 Tata Motors15 Feb 2016131317.3254.741,60116 May 2016131392.751,392--9,791----
11 TV Today Network15 Feb 2016135306.6262.541,43216 May 2016135334.945,160--3,727----
12 Accelya Solutions India16 May 2016141,124.4930.715,75716 Aug 2016141,239.917,341--1,583----
13 Ajanta Pharma16 May 2016101,592.61,373.115,94116 Aug 2016101,955.119,531--3,590----
14 Hawkins Cookers16 May 201662,616.02,471.615,71216 Aug 201662,857.217,1263601,414----
15 HDFC Bank16 May 2016391,162.81,025.145,39516 Aug 2016391,227.347,8173712,422----
16 Supreme Industries16 May 20164865.2779.23,46416 Aug 20164958.63,830--366----
17 Bharat Rasayan16 Aug 2016161,477.31,173.623,66015 Nov 2016161,753.828,032194,372----
18 DB Corp16 Aug 2016130409.0373.953,22311 Nov 2016130373.348,479--(4,744)----
19 Gujarat Heavy Chemicals16 Aug 201685246.2172.920,94415 Nov 201685217.918,503--(2,441)----
20 Rajratan Global Wire16 Aug 20168448.5260.73,59215 Nov 20168631.95,050--1,459----
21 Sudarshan Chemical Industries16 Aug 201617330.2174.95,61915 Nov 201617329.65,597--(22)----
22 Alkem Laboratories15 Nov 2016301,648.71,519.649,50914 Feb 2017301,874.356,1711806,662----
23 Garware Technical Fibres15 Nov 2016100553.3506.255,38514 Feb 2017100614.561,384--5,998----
24 AIA Engineering14 Feb 2017171,413.61,274.824,05515 May 2017171,509.625,637681,581----
25 Avanti Feeds14 Feb 201738575.7489.021,89714 Nov 2017382,702.6102,59434280,698----
26 Indraprastha Gas14 Feb 2017401,023.6877.540,98515 May 2017401,000.339,970--(1,015)----
27 NATCO Pharma14 Feb 201713776.0640.510,09815 May 201713934.412,134782,036----
28 V-Mart Retail14 Feb 201734625.9499.121,30215 May 2017341,041.435,372--14,070----
29 Avanti Feeds15 May 2017321,076.9801.634,49414 Nov 2017322,702.686,39528851,901----
30 Centrum Capital15 May 201742349.334.020,85414 Aug 201742359.325,059--4,205----
31 City Union Bank15 May 2017188181.8138.334,21314 Aug 2017206156.132,12462(2,088)----
32 Sharda Motor Industries15 May 2017131,887.11,463.124,55714 Aug 2017132,616.333,977--9,420----
33 Avanti Feeds14 Aug 201721,898.51,544.53,80114 Nov 201722,702.65,400--1,599----
34 DCM Shriram14 Aug 201773384.5346.828,09314 Nov 201773578.942,214--14,121----
35 SpiceJet14 Aug 201756122.5108.46,86714 Nov 201756142.17,950--1,083----
36 TTK Prestige14 Aug 201776,280.15,913.744,00514 Nov 201776,649.646,500--2,496----
37 VIP Industries14 Aug 201734195.5180.26,65214 Nov 201734316.810,759--4,107----
38 Cyient Limited14 Nov 2017107540.6490.157,89714 Feb 2018107624.066,7014288,805----
39 Dhanuka Agritech14 Nov 201746659.4627.530,36314 Feb 201846675.331,030--668----
40 Gulf Oil Lubricants India14 Nov 201717982.7797.916,72215 May 201817895.615,21068(1,512)----
41 Hawkins Cookers14 Nov 2017552,802.52,706.0154,29214 Feb 2018552,891.6158,876--4,585----
42 TVS Srichakra14 Nov 2017143,155.62,971.144,22314 Feb 2018143,644.950,978--6,755----
43 CRISIL Limited14 Feb 20181272,005.01,831.4254,88303 May 20181271,827.9231,9082,032(22,975)----
44 Gulf Oil Lubricants India14 Feb 2018191,052.5912.820,01823 Mar 201819910.917,28976(2,729)----
45 VST Tillers14 Feb 2018112,668.22,284.329,37915 May 2018112,963.332,563--3,184----
46 Dilip Buildcon15 May 2018201,204.3998.524,11030 May 201820982.519,630--(4,480)----
47 Suven Life Sciences15 May 2018245190.0171.946,58414 Aug 2018245236.857,946--11,361----
48 UPL Limited15 May 2018266733.3693.6195,25321 May 2018266691.4183,722--(11,531)----
49 UNO Minda Limited15 May 2018311,082.4334.133,58811 Jul 201893351.032,612149(976)----
50 Graphite India14 Aug 2018281,100.6833.530,84627 Sep 201828828.223,168--(7,679)----
51 Kama Holdings14 Aug 2018134,381.13,877.157,01114 Nov 2018135,338.469,33019512,319----
52 Kaveri Seed Company14 Aug 201857622.0541.935,48703 Oct 201857536.030,524--(4,963)----
53 Oracle Financial Services Software14 Aug 2018434,017.93,764.9172,94322 Oct 2018433,764.2161,698--(11,245)----
54 Automotive Axles14 Nov 2018111,251.5995.013,78014 Feb 2019111,144.912,581--(1,199)----
55 IndusInd Bank14 Nov 2018701,513.61,195.1106,05514 Feb 2019701,517.5106,119--64----
56 Kewal Kiran Clothing14 Nov 20181211,325.01,183.2160,48522 Jan 20191211,181.7142,837--(17,648)----
57 Accelya Solutions India14 Feb 2019205935.4903.7191,94915 May 2019205903.5185,033--(6,916)----
58 Hindustan Construction Company14 Feb 201996412.010.111,53115 May 201996411.410,930--(601)----
59 Vinati Organics14 Feb 2019101,623.31,471.516,24927 Feb 2019101,469.614,681--(1,568)----
60 Zee Entertainment Enterprises14 Feb 2019108433.5350.346,85908 May 2019108346.637,390--(9,469)----
61 AU Small Finance Bank15 May 2019174650.8575.3113,34414 Feb 20201741,146.1199,21313185,870----
62 Avantel15 May 2019242250.8218.360,75415 Jul 2019242216.952,430484(8,324)----
63 DCM Shriram15 May 201932525.8431.316,84230 Jul 201932427.313,65951(3,183)----
64 Huhtamaki PPL15 May 2019191254.4211.648,62914 Aug 2019191223.742,674--(5,955)----
65 Refex Industries15 May 201921840.031.98,71814 Aug 201921888.919,361--10,643----
66 AU Small Finance Bank14 Aug 201982695.2637.657,05914 Feb 2020821,146.193,882--36,823----
67 Indus Towers14 Aug 2019135248.9228.433,62825 Oct 2019135226.130,497493(3,132)----
68 Kaveri Seed Company14 Aug 201915479.8405.77,20314 Nov 201915527.07,89745694----
69 Pokarna14 Aug 2019223134.3106.829,97914 Nov 2019223170.638,0061348,027----
70 Accelya Solutions India14 Nov 201961,099.0872.96,60114 Feb 202061,033.16,19260(408)----
71 AU Small Finance Bank14 Nov 20195836.1672.84,18414 Feb 202051,146.15,725--1,540----
72 Dhanuka Agritech14 Nov 201971315.6283.822,43014 Feb 202071532.437,759--15,329----
73 Swaraj Engines14 Nov 2019201,129.11,063.522,60527 Nov 2019201,062.521,230--(1,375)----
74 VST Industries14 Nov 201954,560.53,766.722,82512 Mar 202053,759.018,776--(4,049)----
75 Alkyl Amines Chemicals14 Feb 2020271,570.91,238.742,45717 Mar 2020271,234.233,291270(9,166)----
76 Castrol India14 Feb 2020632158.3134.4100,11409 Mar 2020632134.384,765--(15,349)----
77 IOL Chemicals and Pharmaceuticals14 Feb 2020256195.9175.750,18820 Mar 2020256174.744,673768(5,515)----
78 VST Industries14 Feb 2020384,336.33,985.2164,94209 Mar 2020383,973.8150,855--(14,088)----
79 Bharat Electronics15 May 2020198667.857.9134,68614 Aug 20201986113.2224,491--89,805----
80 Gujarat Themis Biosyn15 May 202065190.7124.412,40814 Aug 202065180.811,737--(671)----
81 Indian Energy Exchange15 May 2020285160.1116.845,67414 Aug 2020285185.452,786--7,112----
82 Ion Exchange India15 May 2020153702.4517.3107,57514 Aug 2020153685.6104,792--(2,783)----
83 Tata Elxsi15 May 202050777.9504.738,93114 Aug 2020501,020.750,98182512,050----
84 IOL Chemicals and Pharmaceuticals14 Aug 202043789.3438.333,97215 Feb 202143659.428,326172(5,646)----
85 NIIT Limited14 Aug 20204039101.994.2411,78414 Nov 20204039150.5607,0608,078195,276----
86 IOL Chemicals and Pharmaceuticals14 Nov 2020146681.2585.299,54715 Feb 2021146659.496,176584(3,371)----
87 KNR Constructions14 Nov 2020841256.7120.3216,05903 Feb 20211682140.1235,372--19,314----
88 Refex Industries14 Nov 2020237958.647.7139,54915 Feb 2021237995.2226,2542,37986,706----
89 Shree Renuka Sugars14 Nov 2020797110.08.679,79015 Feb 202179719.273,260--(6,530)----
90 Tips Music14 Nov 2020290276.3220.180,20715 Feb 2021290403.5116,898--36,691----
91 Carysil15 Feb 20212778279.1192.0776,11517 May 20212778323.6897,9232,222121,808----
92 Easy Trip Planners17 May 20214691191.6167.6899,69416 Aug 20214691469.12,198,113--1,298,419----
93 India Pesticides16 Aug 20216710326.5308.82,192,67023 Aug 20216710307.42,060,752--(131,918)----
94 Chambal Fertilisers and Chemicals15 Nov 2021885356.0286.9315,37514 Feb 2022885373.2329,9083,98314,532----
95 Eclerx Services15 Nov 2021812,466.22,247.4199,96229 Nov 2021812,229.6180,414--(19,549)----
96 Swaraj Engines15 Nov 20215581,774.81,642.4991,30129 Nov 20215581,642.1915,400--(75,901)----
97 Thangamayil Jewellery15 Nov 2021371651.5540.1241,94809 Feb 2022371538.7199,6431,855(42,305)----
98 Thyrocare Technologies15 Nov 20212721,182.41,068.4321,93408 Dec 20212721,065.4289,501--(32,434)----
99 Maithan Alloys14 Feb 2022941,136.01,012.0106,89124 Feb 2022941,007.294,578--(12,313)----
100 Patanjali Foods14 Feb 20221846832.8769.51,538,88624 Feb 20221846767.41,415,263--(123,623)----
101 Rhi Magnesita India14 Feb 2022554494.0395.8273,95016 May 2022554561.6310,788--36,838----
102 AU Small Finance Bank16 May 20222881,306.2538.5376,56209 Jun 2022576553.5318,487--(58,075)----
103 Bharat Dynamics16 May 2022366689.0399.0252,42616 Aug 2022366852.2311,593--59,167----
104 Ion Exchange India16 May 20225091,733.51,593.5883,23416 Aug 20225091,794.7912,589--29,355----
105 Share India Securities16 May 20221811,275.7982.2231,13316 Aug 20221811,163.4210,365362(20,768)----
106 Shilchar Technologies16 May 2022126618.6304.478,01516 Aug 2022126572.772,088504(5,927)----
107 Apar Industries16 Aug 20222541,240.2862.9315,31314 Nov 20222541,490.0378,082--62,768----
108 AU Small Finance Bank16 Aug 20221223639.9315.8783,31914 Nov 20221223636.2777,234--(6,086)----
109 Aditya Vision16 Aug 20221661,204.0833.1200,06414 Nov 20221661,300.2215,61799615,553----
110 Deepak Fertilisers n Petrochemicals16 Aug 202298908.0677.589,07314 Nov 202298856.683,858882(5,215)----
111 Gujarat Heavy Chemicals16 Aug 2022707619.5552.7438,38914 Nov 2022707593.5419,185--(19,204)----
112 Accelya Solutions India14 Nov 2022771,551.51,182.1119,58114 Feb 2023771,179.390,7192,695(28,862)----
113 Dynacons Systems and Solutions14 Nov 2022137337.9287.346,33214 Feb 2023137449.561,513--15,181----
114 Gujarat Themis Biosyn14 Nov 202272848.7660.861,16403 Feb 202372659.847,460317(13,704)----
115 Hawkins Cookers14 Nov 20221306,451.95,910.3839,58614 Feb 20231306,018.6781,629--(57,957)----
116 Narayana Hrudayalaya14 Nov 20221063763.4699.4812,30615 May 20231063769.2816,842--4,536----
117 AIA Engineering14 Feb 2023842,799.52,515.2235,38915 May 2023842,752.5230,979--(4,410)----
118 Narayana Hrudayalaya14 Feb 2023817725.0692.7592,87715 May 2023817769.2627,808--34,932----
119 Shilchar Technologies14 Feb 2023661,330.9924.087,92715 May 2023661,892.3124,764--36,836----
120 Waaree Renewable Technologies14 Feb 202373596.2502.043,56215 May 202373989.472,154--28,592----
121 WPIL Limited14 Feb 2023131,742.31,195.822,67215 May 2023132,951.838,334--15,662----
122 Bharat Electronics15 May 20238854107.793.4954,08614 Aug 20238854130.51,154,292--200,205----
123 Nucleus Software Exports15 May 2023268627.2546.4168,24414 Aug 2023268995.5266,5142,68098,270----
124 State Bank of India15 May 20231319581.9520.4768,29414 Aug 20231319560.8738,95614,905(29,338)----
125 Ajanta Pharma14 Aug 20233701,738.61,396.0643,92515 Nov 20233701,949.3720,520--76,594----
126 Apar Industries14 Aug 20231444,145.33,101.4597,51315 Nov 20231445,621.5808,679--211,166----
127 Jyothy Laboratories14 Aug 20231177321.7205.5379,02015 Nov 20231177458.6539,232--160,213----
128 Mazagon Dock Shipbuilders14 Aug 20231121,863.11,159.1208,87615 Nov 20231121,998.7223,63176814,755----
129 Motilal Oswal Financial Services14 Aug 2023390943.7750.7368,41115 Nov 20233901,223.9476,824--108,413----
130 Chennai Petroleum Corporation15 Nov 2023102639.0530.965,23814 Feb 2024102901.091,810--26,572----
131 Equitas Small Finance Bank15 Nov 2023236398.086.9231,80614 Feb 20242363100.3236,654--4,848----
132 Hawkins Cookers15 Nov 20232157,241.86,730.31,558,54414 Feb 20242157,096.61,524,243--(34,301)----
133 State Bank of India15 Nov 20231383584.7555.0809,44914 Feb 20241383743.41,027,094--217,645----
134 Shilchar Technologies15 Nov 2023392,687.21,550.7104,90614 Feb 2024394,076.7158,832--53,927----
135 Canara Bank14 Feb 20242137566.593.81,211,71415 May 20241068598.81,054,827--(156,887)----
136 Castrol India14 Feb 20242989197.1154.1589,72115 May 20242989189.2564,80413,451(24,917)----
137 Neuland Laboratories14 Feb 2024246,674.55,143.8160,34815 May 2024246,240.5149,621--(10,727)----
138 Oracle Financial Services Software14 Feb 2024477,765.94,014.0365,36015 May 2024477,780.4365,31111,280(49)----
139 Suyog Telematics14 Feb 20245691,251.9947.2713,01515 May 20245691,148.0652,559--(60,456)----
140 Bharat Electronics15 May 20242315232.9185.7539,58714 Aug 20242315293.7679,2361,852139,649----
141 Hindustan Aeronautics15 May 2024834,182.43,205.7347,48214 Aug 2024834,661.7386,534--39,052----
142 Mazagon Dock Shipbuilders15 May 20241202,392.11,959.6287,33914 Aug 20241204,998.5599,220--311,881----
143 Sanofi India15 May 20241928,352.37,618.91,605,23613 Jun 20241927,397.71,418,941--(186,295)----
144 Aditya Vision14 Aug 20241414,517.8357.3637,64727 Aug 20241410386.1543,893--(93,754)----
145 Cholamandalam Financial Holdings14 Aug 20245691,569.51,282.3893,93914 Nov 20245691,573.8894,597--658----
146 Grauer n Weil India14 Aug 20241018394.383.8961,31914 Nov 202410183105.11,069,1635,092107,844----
147 RattanIndia Enterprises14 Aug 2024741883.674.2620,46803 Oct 2024741874.1549,035--(71,433)----
148 Eclerx Services14 Nov 20243323,339.52,771.51,109,82303 Mar 20253322,741.7909,330--(200,493)----
149 Marksans Pharma14 Nov 20241027308.3271.7316,94110 Jan 20251027269.5276,483--(40,457)----
150 NESCO Limited14 Nov 202412101,002.6926.91,214,29914 Feb 20251210926.61,120,053--(94,246)----
151 Pix Transmissions14 Nov 20241962,157.11,590.8423,21417 Feb 20251961,562.9306,028--(117,187)----
152 15 May 2025185403.9328.574,78714 Aug 2025185536.999,227--------
153 15 May 2025441,573.91,361.069,32114 Aug 2025441,541.567,758--------
154 15 May 20251816440.8394.3801,20214 Aug 20251816426.7774,02218,160------
155 15 May 20258261,294.81,244.31,070,57414 Aug 20258261,314.21,084,444--------
156 15 May 20252143227.824.6595,33314 Aug 20252143229.3627,3308,573------
157 14 Aug 20259011,396.71,357.61,259,685--901--------1,404.71,265,635
158 14 Aug 2025180750.6681.9135,243--180--------758.5136,530
159 14 Aug 20251463826.6796.71,210,452--1463--------830.41,214,875
160 14 Aug 2025184,001.63,645.872,101--18--------4,055.372,995
Portfolio Totals109,8012,427,195 2,690,035

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


Standard Disclaimer

  1. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
  2. Past performance, by way of backtesting or by way of actuals, is no guarantee of future returms.
  3. Securities mentioned on this website are for educational purpose only and do not constitute investment advice.
Standard Warning - Investment in securities markets are subject to market risk. Read all the related documents carefully before investing.