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 2016 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 2016 has grown to Rs.3,239,923 as of 30 June 2026.

In other words, the icTracker has outperformed the BSE 200 by 1044% during this period.

Generated Portfolio Stats
CAGR Alpha Beta Std Deviation Sharpe Ratio Treynor Ratio Modigliani Ratio
41.57%29.01%1.11418953.29%65.40%31.28%17.78%

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

icTracker gen.BSE 200
Qtr EndTrade DatePortfolio valueIndex ValuePortfolio value
30 Jun 201616 Aug 2016100,0003,697.04100,000
30 Sep 201615 Nov 201698,8023,478.0894,077
31 Dec 201614 Feb 2017111,2453,811.33103,091
31 Mar 201715 May 2017145,2474,147.25112,178
30 Jun 201714 Aug 2017210,9634,266.76115,410
30 Sep 201714 Nov 2017285,5234,488.13121,398
31 Dec 201714 Feb 2018307,0024,613.28124,783
31 Mar 201815 May 2018285,6434,678.22126,540
30 Jun 201814 Aug 2018280,9234,906.75132,721
30 Sep 201814 Nov 2018270,3964,521.57122,302
31 Dec 201814 Feb 2019253,0914,527.35122,459
31 Mar 201915 May 2019235,9034,660.92126,072
30 Jun 201914 Aug 2019237,5134,599.91124,421
30 Sep 201914 Nov 2019277,9054,964.60134,286
31 Dec 201914 Feb 2020366,7605,097.54137,882
31 Mar 202015 May 2020323,7833,868.53104,639
30 Jun 202014 Aug 2020426,0904,729.85127,936
30 Sep 202014 Nov 2020617,1265,365.47145,129
31 Dec 202015 Feb 2021747,7366,478.34175,230
31 Mar 202117 May 2021868,7546,450.91174,489
30 Jun 202116 Aug 20212,126,1357,127.02192,776
30 Sep 202115 Nov 20212,001,8447,878.72213,109
31 Dec 202114 Feb 20221,860,4417,274.37196,762
31 Mar 202216 May 20221,767,5546,887.71186,303
30 Jun 202216 Aug 20221,775,2357,785.88210,598
30 Sep 202214 Nov 20221,826,8557,970.68215,596
31 Dec 202214 Feb 20231,708,9037,596.18205,467
31 Mar 202315 May 20231,865,8897,872.74212,947
30 Jun 202314 Aug 20232,150,1018,430.48228,033
30 Sep 202315 Nov 20232,829,3088,675.17234,652
31 Dec 202314 Feb 20243,109,6039,866.16266,867
31 Mar 202415 May 20242,881,05810,254.42277,368
30 Jun 202414 Aug 20243,200,28711,179.43302,389
30 Sep 202414 Nov 20243,152,94210,803.52292,221
31 Dec 202414 Feb 20252,865,22410,260.16277,524
31 Mar 202515 May 20252,692,16911,302.31305,712
30 Jun 202514 Aug 20252,794,20611,150.89301,617
30 Sep 202514 Nov 20253,035,75311,744.36317,669
31 Dec 202516 Feb 20263,133,65811,649.03315,091
31 Mar 202615 May 20262,961,41910,986.48297,170
30 Jun 202614 Aug 20263,239,92311,471.94310,301
CAGR41.57%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 Bharat Rasayan16 Aug 2016151,477.31,173.622,16115 Nov 2016151,753.826,304184,143----
2 DB Corp16 Aug 2016122409.0373.949,90311 Nov 2016122373.345,537--(4,366)----
3 Gujarat Heavy Chemicals16 Aug 201680246.2172.919,69415 Nov 201680217.917,430--(2,264)----
4 Rajratan Global Wire16 Aug 20167448.5260.73,14015 Nov 20167631.94,423--1,283----
5 Sudarshan Chemical Industries16 Aug 201616330.2174.95,28415 Nov 201616329.65,272--(11)----
6 Alkem Laboratories15 Nov 2016291,648.71,519.647,81614 Feb 2017291,874.354,3481746,532----
7 Garware Technical Fibres15 Nov 201694553.3506.252,01514 Feb 201794614.557,753--5,737----
8 AIA Engineering14 Feb 2017161,413.61,274.822,62015 May 2017161,509.624,150641,531----
9 Avanti Feeds14 Feb 201736575.7489.020,72514 Nov 2017362,702.697,28232476,557----
10 Indraprastha Gas14 Feb 2017381,023.6877.538,90115 May 2017381,000.338,006--(895)----
11 NATCO Pharma14 Feb 201712776.0640.59,31315 May 201712934.411,211721,898----
12 V-Mart Retail14 Feb 201732625.9499.120,03115 May 2017321,041.433,321--13,291----
13 Avanti Feeds15 May 2017301,076.9801.632,30914 Nov 2017302,702.681,06827048,760----
14 Centrum Capital15 May 201739849.334.019,60314 Aug 201739859.323,599--3,996----
15 City Union Bank15 May 2017177181.8138.332,18214 Aug 2017194156.130,28058(1,901)----
16 Sharda Motor Industries15 May 2017121,887.11,463.122,64714 Aug 2017122,616.331,392--8,744----
17 Avanti Feeds14 Aug 201711,898.51,544.51,89914 Nov 201712,702.62,702--804----
18 DCM Shriram14 Aug 201768384.5346.826,14514 Nov 201768578.939,358--13,213----
19 SpiceJet14 Aug 201753122.5108.46,49314 Nov 201753142.17,531--1,037----
20 TTK Prestige14 Aug 201776,280.15,913.743,96514 Nov 201776,649.646,542--2,577----
21 VIP Industries14 Aug 201732195.5180.26,25514 Nov 201732316.810,135--3,880----
22 Cyient Limited14 Nov 2017100540.6490.154,06014 Feb 2018100624.062,3944008,333----
23 Dhanuka Agritech14 Nov 201743659.4627.528,35714 Feb 201843675.329,033--676----
24 Gulf Oil Lubricants India14 Nov 201716982.7797.915,72415 May 201816895.614,32864(1,396)----
25 Hawkins Cookers14 Nov 2017522,802.52,706.0145,74514 Feb 2018522,891.6150,346--4,601----
26 TVS Srichakra14 Nov 2017133,155.62,971.141,02714 Feb 2018133,644.947,379--6,352----
27 CRISIL Limited14 Feb 20181202,005.01,831.4240,61803 May 20181201,827.9219,3231,920(21,295)----
28 Gulf Oil Lubricants India14 Feb 2018181,052.5912.818,94723 Mar 201818910.916,39472(2,553)----
29 VST Tillers14 Feb 2018102,668.22,284.326,68415 May 2018102,963.329,630--2,945----
30 Dilip Buildcon15 May 2018191,204.3998.522,88430 May 201819982.518,665--(4,219)----
31 Suven Life Sciences15 May 2018231190.0171.943,88314 Aug 2018231236.854,684--10,801----
32 UPL Limited15 May 2018251733.3693.6184,07721 May 2018251691.4173,518--(10,559)----
33 UNO Minda Limited15 May 2018301,082.4334.132,47511 Jul 201890351.031,588144(887)----
34 Graphite India14 Aug 2018271,100.6833.529,71827 Sep 201827828.222,360--(7,357)----
35 Kama Holdings14 Aug 2018124,381.13,877.152,57814 Nov 2018125,338.464,05418011,476----
36 Kaveri Seed Company14 Aug 201854622.0541.933,58903 Oct 201854536.028,943--(4,646)----
37 Oracle Financial Services Software14 Aug 2018404,017.93,764.9160,73222 Oct 2018403,764.2150,552--(10,180)----
38 Automotive Axles14 Nov 2018111,251.5995.013,76714 Feb 2019111,144.912,592--(1,175)----
39 IndusInd Bank14 Nov 2018661,513.61,195.199,90414 Feb 2019661,517.5100,145--241----
40 Kewal Kiran Clothing14 Nov 20181141,325.01,183.2151,06522 Jan 20191141,181.7134,695--(16,370)----
41 Accelya Solutions India14 Feb 2019194935.4903.7181,48615 May 2019194903.5175,262--(6,224)----
42 Hindustan Construction Company14 Feb 201991712.010.110,95915 May 201991711.410,407--(552)----
43 Vinati Organics14 Feb 2019101,623.31,471.516,23527 Feb 2019101,469.614,694--(1,541)----
44 Zee Entertainment Enterprises14 Feb 2019102433.5350.344,21608 May 2019102346.635,345--(8,872)----
45 AU Small Finance Bank15 May 2019165650.8575.3107,38514 Feb 20201651,146.1189,07912481,695----
46 Avantel15 May 2019230250.8218.357,69015 Jul 2019230216.949,875460(7,815)----
47 DCM Shriram15 May 201931525.8431.316,30130 Jul 201931427.313,24450(3,057)----
48 Huhtamaki PPL15 May 2019182254.4211.646,29614 Aug 2019182223.740,700--(5,596)----
49 Refex Industries15 May 201920740.031.98,27014 Aug 201920788.918,400--10,130----
50 AU Small Finance Bank14 Aug 201978695.2637.654,22714 Feb 2020781,146.189,383--35,156----
51 Indus Towers14 Aug 2019128248.9228.431,85625 Oct 2019128226.128,941467(2,914)----
52 Kaveri Seed Company14 Aug 201915479.8405.77,19714 Nov 201915527.07,90445707----
53 Pokarna14 Aug 2019213134.3106.828,60914 Nov 2019213170.636,3341287,725----
54 Accelya Solutions India14 Nov 201961,099.0872.96,59514 Feb 202061,033.16,19860(397)----
55 AU Small Finance Bank14 Nov 20195836.1672.84,18114 Feb 202051,146.15,730--1,549----
56 Dhanuka Agritech14 Nov 201968315.6283.821,46314 Feb 202068532.436,196--14,733----
57 Swaraj Engines14 Nov 2019191,129.11,063.521,45527 Nov 2019191,062.520,186--(1,269)----
58 VST Industries14 Nov 201954,560.53,766.722,80512 Mar 202053,759.018,793--(4,011)----
59 Alkyl Amines Chemicals14 Feb 2020251,570.91,238.739,27617 Mar 2020251,234.230,853250(8,424)----
60 Castrol India14 Feb 2020600158.3134.494,96009 Mar 2020600134.380,546--(14,414)----
61 IOL Chemicals and Pharmaceuticals14 Feb 2020243195.9175.747,59620 Mar 2020243174.742,443729(5,154)----
62 VST Industries14 Feb 2020364,336.33,985.2156,12109 Mar 2020363,973.8143,044--(13,077)----
63 Bharat Electronics15 May 2020189767.857.9128,53514 Aug 20201897113.2214,624--86,089----
64 Gujarat Themis Biosyn15 May 202062190.7124.411,82514 Aug 202062180.811,205--(619)----
65 Indian Energy Exchange15 May 2020272160.1116.843,55214 Aug 2020272185.450,424--6,872----
66 Ion Exchange India15 May 2020146702.4517.3102,56114 Aug 2020146685.6100,088--(2,473)----
67 Tata Elxsi15 May 202048777.9504.737,34114 Aug 2020481,020.748,98679211,646----
68 IOL Chemicals and Pharmaceuticals14 Aug 202041789.3438.332,36215 Feb 202141659.427,033164(5,330)----
69 NIIT Limited14 Aug 20203865101.994.2393,69014 Nov 20203865150.5581,4317,730187,741----
70 IOL Chemicals and Pharmaceuticals14 Nov 2020140681.2585.295,37115 Feb 2021140659.492,307560(3,064)----
71 KNR Constructions14 Nov 2020806256.7120.3206,88103 Feb 20211612140.1225,780--18,899----
72 Refex Industries14 Nov 2020228158.647.7133,68015 Feb 2021228195.2217,1302,28183,450----
73 Shree Renuka Sugars14 Nov 2020764310.08.676,43815 Feb 202176439.270,309--(6,129)----
74 Tips Music14 Nov 2020278276.3220.176,81915 Feb 2021278403.5112,162--35,343----
75 Carysil15 Feb 20212678279.1192.0747,50517 May 20212678323.6866,3802,142118,876----
76 Easy Trip Planners17 May 20214533191.6167.6868,61016 Aug 20214533469.12,125,991--1,257,381----
77 India Pesticides16 Aug 20216511326.5308.82,125,72923 Aug 20216511307.42,001,438--(124,291)----
78 Chambal Fertilisers and Chemicals15 Nov 2021856356.0286.9304,76714 Feb 2022856373.2319,3853,85214,618----
79 Eclerx Services15 Nov 2021782,466.22,247.4192,38329 Nov 2021782,229.6173,888--(18,495)----
80 Swaraj Engines15 Nov 20215401,774.81,642.4958,46129 Nov 20215401,642.1886,669--(71,792)----
81 Thangamayil Jewellery15 Nov 2021359651.5540.1233,91209 Feb 2022359538.7193,3601,795(40,552)----
82 Thyrocare Technologies15 Nov 20212631,182.41,068.4311,00208 Dec 20212631,065.4280,174--(30,829)----
83 Maithan Alloys14 Feb 2022911,136.01,012.0103,38624 Feb 2022911,007.291,642--(11,745)----
84 Patanjali Foods14 Feb 20221791832.8769.51,491,69424 Feb 20221791767.41,374,333--(117,361)----
85 Rhi Magnesita India14 Feb 2022537494.0395.8265,30516 May 2022537561.6301,522--36,218----
86 AU Small Finance Bank16 May 20222801,306.2538.5365,77309 Jun 2022560553.5309,919--(55,854)----
87 Bharat Dynamics16 May 2022355689.0399.0244,62016 Aug 2022355852.2302,501--57,881----
88 Ion Exchange India16 May 20224951,733.51,593.5858,16816 Aug 20224951,794.7888,288--30,119----
89 Share India Securities16 May 20221751,275.7982.2223,27016 Aug 20221751,163.4203,575350(19,695)----
90 Shilchar Technologies16 May 2022122618.6304.475,47116 Aug 2022122572.769,862488(5,608)----
91 Apar Industries16 Aug 20222471,240.2862.9306,34814 Nov 20222471,490.0367,993--61,646----
92 AU Small Finance Bank16 Aug 20221190639.9315.8761,49814 Nov 20221190636.2756,943--(4,555)----
93 Aditya Vision16 Aug 20221621,204.0833.1195,06814 Nov 20221621,300.2210,61197215,544----
94 Deepak Fertilisers n Petrochemicals16 Aug 202295908.0677.586,26914 Nov 202295856.681,364855(4,905)----
95 Gujarat Heavy Chemicals16 Aug 2022688619.5552.7426,22414 Nov 2022688593.5408,287--(17,937)----
96 Accelya Solutions India14 Nov 2022751,551.51,182.1116,37014 Feb 2023751,179.388,4422,625(27,928)----
97 Dynacons Systems and Solutions14 Nov 2022134337.9287.345,27614 Feb 2023134449.560,220--14,944----
98 Gujarat Themis Biosyn14 Nov 202270848.7660.859,41103 Feb 202370659.846,184308(13,228)----
99 Hawkins Cookers14 Nov 20221266,451.95,910.3813,02114 Feb 20231266,018.6758,261--(54,759)----
100 Narayana Hrudayalaya14 Nov 20221036763.4699.4790,96215 May 20231036769.2796,812--5,850----
101 AIA Engineering14 Feb 2023822,799.52,515.2229,57815 May 2023822,752.5225,682--(3,895)----
102 Narayana Hrudayalaya14 Feb 2023798725.0692.7578,56815 May 2023798769.2613,760--35,192----
103 Shilchar Technologies14 Feb 2023641,330.9924.085,18615 May 2023641,892.3121,092--35,906----
104 Waaree Renewable Technologies14 Feb 202372596.2502.042,92715 May 202372989.471,230--28,303----
105 WPIL Limited14 Feb 2023131,742.31,195.822,65215 May 2023132,951.838,369--15,717----
106 Bharat Electronics15 May 20238672107.793.4933,63414 Aug 20238672130.51,131,583--197,949----
107 Nucleus Software Exports15 May 2023262627.2546.4164,33014 Aug 2023262995.5260,7822,62096,452----
108 State Bank of India15 May 20231292581.9520.4751,89014 Aug 20231292560.8724,48114,600(27,409)----
109 Ajanta Pharma14 Aug 20233451,738.61,396.0599,87715 Nov 20233451,949.3672,441--72,564----
110 Apar Industries14 Aug 20231494,145.33,101.4617,70415 Nov 20231495,621.5837,512--219,808----
111 Ashapura Minechem14 Aug 20231296214.9145.5278,53815 Nov 20231296332.4430,747--152,209----
112 Jyothy Laboratories14 Aug 2023966321.7205.5310,79315 Nov 2023966458.6442,963--132,170----
113 Motilal Oswal Financial Services14 Aug 2023366943.7750.7345,42915 Nov 20233661,223.9447,884--102,456----
114 Chennai Petroleum Corporation15 Nov 2023104639.0530.966,45714 Feb 2024104901.093,695--27,237----
115 Equitas Small Finance Bank15 Nov 2023241898.086.9236,98814 Feb 20242418100.3242,380--5,393----
116 Hawkins Cookers15 Nov 20232207,241.86,730.31,593,35514 Feb 20242207,096.61,561,096--(32,260)----
117 State Bank of India15 Nov 20231415584.7555.0827,43314 Feb 20241415743.41,051,806--224,373----
118 Shilchar Technologies15 Nov 2023402,687.21,550.7107,49914 Feb 2024404,076.7163,052--55,553----
119 Canara Bank14 Feb 20242191566.593.81,241,21615 May 20241095598.81,082,456--(158,760)----
120 Castrol India14 Feb 20243064197.1154.1603,97515 May 20243064189.2579,49813,788(24,477)----
121 Neuland Laboratories14 Feb 2024246,674.55,143.8160,20415 May 2024246,240.5149,756--(10,448)----
122 Oracle Financial Services Software14 Feb 2024487,765.94,014.0372,79815 May 2024487,780.4373,42011,520621----
123 Suyog Telematics14 Feb 20245841,251.9947.2731,15415 May 20245841,148.0670,365--(60,789)----
124 Bharat Electronics15 May 20242377232.9185.7553,54014 Aug 20242377293.7698,0551,902144,515----
125 Hindustan Aeronautics15 May 2024854,182.43,205.7355,53514 Aug 2024854,661.7396,205--40,670----
126 Mazagon Dock Shipbuilders15 May 20241232,392.11,959.6294,25814 Aug 20241234,998.5614,754--320,496----
127 Sanofi India15 May 20241978,352.37,618.91,645,55813 Jun 20241977,397.71,457,204--(188,354)----
128 Aditya Vision14 Aug 20241454,517.8357.3655,14727 Aug 20241450386.1559,826--(95,320)----
129 Cholamandalam Financial Holdings14 Aug 20245861,569.51,282.3919,81914 Nov 20245861,573.8922,155--2,336----
130 Grauer n Weil India14 Aug 20241047394.383.8987,80714 Nov 202410473105.11,100,6025,237112,795----
131 RattanIndia Enterprises14 Aug 2024763083.674.2637,62703 Oct 2024763074.1565,235--(72,392)----
132 Eclerx Services14 Nov 20243423,339.52,771.51,142,22303 Mar 20253422,741.7937,563--(204,660)----
133 Marksans Pharma14 Nov 20241058308.3271.7326,21410 Jan 20251058269.5285,086--(41,128)----
134 NESCO Limited14 Nov 202412461,002.6926.91,249,30214 Feb 20251246926.61,154,416--(94,887)----
135 Pix Transmissions14 Nov 20242022,157.11,590.8435,77817 Feb 20252021,562.9315,680--(120,098)----
136 Banco Products India15 May 2025212403.9328.585,62514 Aug 2025212536.9113,811--28,187----
137 Hindustan Zinc15 May 20251840440.8394.3811,06114 Aug 20251840426.7784,95818,400(26,104)----
138 Jyoti Resins Adhesives15 May 20258351,294.81,244.31,081,26614 Aug 20258351,314.21,097,247--15,981----
139 South Indian Bank15 May 20252212827.824.6614,11314 Aug 20252212829.3648,2868,85134,172----
140 Tega Industries15 May 2025661,509.11,306.399,61114 Aug 2025661,851.1122,160--22,550----
141 Accelya Solutions India14 Aug 20259421,396.71,357.61,315,82306 Nov 20259421,356.21,277,45837,680(38,365)----
142 AU Small Finance Bank14 Aug 2025188750.6681.9141,12715 May 2026188990.5186,195--45,068----
143 State Bank of India14 Aug 20251528826.6796.71,263,09514 Nov 20251528967.91,478,727--215,632----
144 Swaraj Engines14 Aug 2025194,001.63,645.876,03825 Nov 2025193,642.169,193--(6,845)----
145 AU Small Finance Bank14 Nov 2025864890.6713.2769,55515 May 2026864990.5855,706--86,151----
146 Canara Bank14 Nov 20252885146.1114.3421,45416 Feb 20262885145.8420,706--(748)----
147 Lupin Limited14 Nov 20254262,055.31,929.0875,64516 Feb 20264262,221.5946,264--70,619----
148 Swaraj Engines14 Nov 2025914,017.53,657.5365,62925 Nov 2025913,651.4332,248--(33,382)----
149 Thyrocare Technologies14 Nov 20252311,564.0425.1361,32028 Nov 2025693439.2304,344--(56,977)----
150 AU Small Finance Bank16 Feb 20266991,010.0971.9706,06127 Feb 2026699969.2677,407--(28,653)----
151 Bombay Burmah Trading Corp16 Feb 20261151,801.91,674.6207,23902 Mar 20261151,668.5191,8571,955(15,382)----
152 Computer Age Management Services16 Feb 2026637737.2687.2469,61227 Feb 2026637685.3436,485--(33,127)----
153 Diamond Power Infrastructure16 Feb 20261008140.8119.9141,98123 Mar 20261008119.5120,468--(21,513)----
154 Ksolves India16 Feb 20261912285.5259.2545,93130 Mar 20261912256.8491,029--(54,902)----
155 15 May 20261557183.6160.0285,81614 Aug 20261557182.0283,4082,258------
156 15 May 20261711,541.41,071.1263,60614 Aug 20261711,524.7260,6981,454------
157 15 May 20264445,300.04,830.12,353,43514 Aug 20264445,932.02,633,545--------
158 14 Aug 2026446624.7549.3278,622--446--------624.7278,594
159 14 Aug 2026525780.0682.0409,515--525--------780.0409,474
160 14 Aug 20261911,828.010,013.0224,755--19--------11,828.0224,732
161 14 Aug 202611317118.0109.31,335,540--11317--------118.01,335,406
162 14 Aug 20262743,638.23,347.1996,967--274--------3,638.2996,867
Portfolio Totals151,2522,713,880 3,245,073

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.