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 September 2012 onwards:

As seen above, the initial corpus of Rs.100,000 invested on 30 September 2012 has grown to Rs.3,886,287 as of 30 September 2022.

In other words, the icTracker has outperformed the Nifty 500 by 1117% during this period.

Generated Portfolio Stats
CAGR Alpha Beta Std Deviation Sharpe Ratio Treynor Ratio Modigliani Ratio
44.17%33.85%0.501907631.44%117.10%73.36%29.00%

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

icTracker gen.Nifty 500
Qtr EndTrade DatePortfolio valueIndex ValuePortfolio value
30 Sep 201215 Nov 2012100,0004,497.00100,000
31 Dec 201214 Feb 2013130,4844,650.35103,410
31 Mar 201315 May 2013135,6574,810.95106,981
30 Jun 201314 Aug 2013128,4754,392.0597,666
30 Sep 201314 Nov 2013142,4094,670.10103,849
31 Dec 201314 Feb 2014195,7024,677.80104,021
31 Mar 201415 May 2014208,1845,580.30124,089
30 Jun 201414 Aug 2014270,9466,215.65138,218
30 Sep 201414 Nov 2014280,3516,785.75150,895
31 Dec 201416 Feb 2015331,8047,175.00159,551
31 Mar 201515 May 2015305,5846,827.05151,813
30 Jun 201514 Aug 2015332,9667,112.50158,161
30 Sep 201516 Nov 2015302,0106,551.45145,685
31 Dec 201515 Feb 2016294,7835,999.05133,401
31 Mar 201616 May 2016328,9626,608.25146,948
30 Jun 201616 Aug 2016363,4527,339.25163,203
30 Sep 201615 Nov 2016358,4746,916.45153,801
31 Dec 201614 Feb 2017402,3007,605.05169,114
31 Mar 201715 May 2017524,1218,351.30185,708
30 Jun 201714 Aug 2017677,3858,541.50189,938
30 Sep 201714 Nov 2017911,1199,051.50201,279
31 Dec 201714 Feb 2018961,1439,326.70207,398
31 Mar 201815 May 2018893,2379,365.90208,270
30 Jun 201814 Aug 2018877,2579,726.15216,281
30 Sep 201814 Nov 2018843,4088,921.45198,387
31 Dec 201814 Feb 2019833,5408,869.30197,227
31 Mar 201915 May 2019792,9619,160.10203,694
30 Jun 201914 Aug 2019786,5138,971.10199,491
30 Sep 201914 Nov 2019913,7609,650.40214,596
31 Dec 201914 Feb 20201,196,4409,961.05221,504
31 Mar 202015 May 20201,043,9067,504.05166,868
30 Jun 202014 Aug 20201,501,5269,214.40204,901
30 Sep 202014 Nov 20202,170,86910,440.35232,163
31 Dec 202015 Feb 20212,346,01012,632.05280,900
31 Mar 202117 May 20212,719,44012,672.10281,790
30 Jun 202116 Aug 20212,993,35714,070.80312,893
30 Sep 202115 Nov 20213,810,07915,592.60346,733
31 Dec 202114 Feb 20223,585,29414,400.40320,222
31 Mar 202216 May 20223,400,08813,571.20301,783
30 Jun 202216 Aug 20223,783,50615,280.50339,793
30 Sep 202214 Nov 20223,886,28715,650.20348,014
CAGR44.17%13.27%

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 Caplin Point Laboratories15 Nov 201212176.853.59,29614 Feb 201312180.89,761--465----
2 La Opala RG15 Nov 2012255180.1145.045,95914 Feb 2013255297.275,697--29,739----
3 Ratnamani Metals n Tubes15 Nov 2012216133.0113.928,75714 Feb 2013216134.228,947--191----
4 Union Bank of India15 Nov 201262230.3175.514,29014 Feb 201362232.214,379--89----
5 Britannia Industries14 Feb 201390493.1465.644,42315 May 201390570.651,298--6,875----
6 DB Corp14 Feb 2013106239.8215.525,44415 May 2013106234.824,859--(586)----
7 Emami Limited14 Feb 201348619.2591.129,74901 Mar 201348590.528,316--(1,433)----
8 Rhi Magnesita India14 Feb 201350638.836.619,62709 Apr 201350636.318,350--(1,277)----
9 Pidilite Industries14 Feb 201343255.0223.110,97415 May 201343292.612,567--1,593----
10 Astra Microwave Products15 May 201371239.838.528,36617 Jun 201371238.527,355--(1,011)----
11 Century Plyboards15 May 201398352.749.951,85611 Jun 201398349.848,861--(2,995)----
12 City Union Bank15 May 201325655.651.814,24824 Jul 201325651.713,214256(1,034)----
13 Hawkins Cookers15 May 2013162,260.22,147.336,19913 Jun 2013162,145.334,290--(1,909)----
14 Union Bank of India15 May 201319243.6218.74,63205 Jun 201319218.34,143--(489)----
15 Bata India14 Aug 201322921.5829.320,29322 Aug 201322826.718,168--(2,125)----
16 Britannia Industries14 Aug 201325753.7692.018,86021 Aug 201325691.017,257--(1,604)----
17 Supreme Industries14 Aug 2013106347.3316.736,84505 Sep 2013106316.233,480583(3,365)----
18 VST Tillers14 Aug 201342409.0368.917,19314 Nov 201342574.024,084--6,891----
19 Ajanta Pharma14 Nov 20135976.5713.14,88714 Feb 20145947.44,732--(155)----
20 Bank of India14 Nov 201336223.2157.48,04114 Feb 201436173.76,247180(1,794)----
21 Dhanuka Agritech14 Nov 2013332155.6137.751,69414 Feb 2014332189.762,917--11,223----
22 Paushak Limited14 Nov 201344684.872.337,83614 Feb 2014446147.865,853--28,017----
23 R Systems International14 Nov 2013114351.030.440,05426 Feb 2014114036.941,986--1,932----
24 Aurobindo Pharma14 Feb 201422490.3350.810,79715 May 201422615.013,516--2,719----
25 Caplin Point Laboratories14 Feb 201438124.361.84,72815 May 201438173.56,586--1,858----
26 La Opala RG14 Feb 201440646.2588.325,87215 May 201440897.135,846--9,974----
27 R Systems International14 Feb 201437490.238.218,15426 Feb 201437043.015,910--(2,244)----
28 VST Industries14 Feb 2014501,607.41,514.380,45015 May 2014501,892.294,515--14,065----
29 Alkyl Amines Chemicals15 May 201480359.3275.328,76914 Aug 201480624.049,87064021,101----
30 Astra Microwave Products15 May 201427783.458.723,12514 Aug 2014277131.636,40330513,278----
31 Hero Motocorp15 May 2014312,440.82,172.575,74014 Aug 2014312,510.677,7492,9452,009----
32 Kajaria Ceramics15 May 2014142495.1318.170,37514 Aug 2014142601.585,32849714,953----
33 Kitex Garments15 May 201457163.2109.09,31214 Aug 201457287.116,345--7,034----
34 Wonderla Holidays14 Aug 2014939287.1219.6269,81014 Nov 2014939296.2277,8071,4097,997----
35 Bharat Rasayan14 Nov 20147890.2691.16,23816 Feb 201571,144.38,002--1,764----
36 Britannia Industries14 Nov 2014601,624.31,398.597,55516 Feb 2015602,034.2121,930--24,374----
37 CRISIL Limited14 Nov 2014331,954.61,724.264,56516 Feb 2015332,126.070,086--5,522----
38 IndusInd Bank14 Nov 2014130730.6606.895,06616 Feb 2015130862.9112,065--16,998----
39 Ratnamani Metals n Tubes14 Nov 201429603.7468.417,52516 Feb 201529701.420,319--2,794----
40 Ajanta Pharma16 Feb 201552,782.8986.413,92820 Mar 2015121,015.312,171--(1,756)----
41 Bajaj Auto16 Feb 2015292,261.92,055.765,65913 Mar 2015292,049.159,366--(6,294)----
42 HDFC Bank16 Feb 20152181,067.6936.8232,95915 May 2015218990.1215,626--(17,333)----
43 V-Mart Retail16 Feb 201526547.4517.714,24707 May 201526516.213,408--(838)----
44 AIA Engineering15 May 2015341,182.51,054.040,24522 May 2015341,051.335,709--(4,536)----
45 Bajaj Consumer Care15 May 2015153451.2418.269,10312 Jun 2015153418.063,887--(5,215)----
46 Divis Laboratories15 May 2015801,795.01,669.3143,74414 Aug 2015802,183.0174,4611,60030,718----
47 Redington India15 May 2015325118.6106.438,56712 Jun 2015325106.134,442--(4,125)----
48 TVS Srichakra15 May 201581,782.01,295.714,27016 Nov 201582,699.321,5722707,302----
49 Hero Motocorp14 Aug 2015312,712.52,525.984,17024 Aug 2015312,515.377,895--(6,275)----
50 IndusInd Bank14 Aug 2015101959.0842.396,95601 Sep 2015101840.184,769--(12,187)----
51 PI Industries14 Aug 201534698.5638.123,77124 Aug 201534635.921,599--(2,172)----
52 Supreme Industries14 Aug 2015146645.7592.694,36625 Aug 2015146590.486,108--(8,258)----
53 TVS Srichakra14 Aug 201542,901.41,957.811,61716 Nov 201542,699.310,786135(831)----
54 Eclerx Services16 Nov 2015291,821.51,232.552,87617 Dec 2015381,271.348,263--(4,613)----
55 Indo Count Industries16 Nov 201526946.8851.324,64115 Feb 201626981.925,504--862----
56 NESCO Limited16 Nov 2015621,615.61,370.7100,26715 Feb 2016621,548.895,930--(4,338)----
57 SJVN Limited16 Nov 2015444528.024.5124,58515 Feb 2016444528.3125,446--861----
58 Dabur India15 Feb 2016590248.9220.3146,99816 May 2016590285.0167,952--20,955----
59 TV Today Network15 Feb 2016479306.6262.5147,00816 May 2016479334.9160,233--13,224----
60 Accelya Solutions India16 May 2016471,124.4930.752,90016 Aug 2016471,239.958,215--5,315----
61 Ajanta Pharma16 May 2016331,592.61,373.152,60716 Aug 2016331,955.164,452--11,845----
62 Hawkins Cookers16 May 2016222,616.02,471.657,61016 Aug 2016222,857.262,7941,3205,185----
63 HDFC Bank16 May 20161321,162.81,025.1153,64316 Aug 20161321,227.3161,8421,2548,199----
64 Supreme Industries16 May 201615865.2779.212,99116 Aug 201615958.614,364--1,373----
65 Bharat Rasayan16 Aug 2016541,477.31,173.679,85115 Nov 2016541,753.894,6086514,757----
66 DB Corp16 Aug 2016443409.0373.9181,36811 Nov 2016443373.3165,201--(16,167)----
67 Gujarat Heavy Chemicals16 Aug 2016289246.2172.971,20815 Nov 2016289217.962,910--(8,298)----
68 Rajratan Global Wire16 Aug 201626448.5260.711,67315 Nov 201626631.916,413--4,740----
69 Sudarshan Chemical Industries16 Aug 201657330.2174.918,84015 Nov 201657329.618,766--(75)----
70 Alkem Laboratories15 Nov 20161031,648.71,519.6169,98114 Feb 20171031,874.3192,85561822,874----
71 Garware Technical Fibres15 Nov 2016339553.3506.2187,75614 Feb 2017339614.5208,090--20,334----
72 AIA Engineering14 Feb 2017571,413.61,274.880,65615 May 2017571,509.685,9582285,303----
73 Avanti Feeds14 Feb 2017131575.7489.075,48614 Nov 20171312,702.6353,6801,179278,195----
74 Indraprastha Gas14 Feb 20171381,023.6877.5141,39815 May 20171381,000.3137,897--(3,502)----
75 NATCO Pharma14 Feb 201743776.0640.533,40114 Aug 201743738.531,722258(1,680)----
76 V-Mart Retail14 Feb 2017114625.9499.171,42415 May 20171141,041.4118,601--47,177----
77 Avanti Feeds15 May 2017631,076.9801.667,90914 Nov 2017632,702.6170,090567102,181----
78 Centrum Capital15 May 201775649.334.037,27014 Aug 201775659.344,786--7,516----
79 City Union Bank15 May 2017299181.8138.354,41314 Aug 2017328156.151,15098(3,263)----
80 NATCO Pharma15 May 2017141934.4789.8131,87510 Aug 2017141771.0108,600--(23,275)----
81 Sharda Motor Industries15 May 2017271,887.11,463.151,00314 Aug 2017272,616.370,568--19,565----
82 Avanti Feeds14 Aug 201751,898.51,544.59,50214 Nov 201752,702.613,499--3,997----
83 DCM Shriram14 Aug 2017247384.5346.895,05414 Nov 2017247578.9142,833--47,779----
84 SpiceJet14 Aug 2017191122.5108.423,42114 Nov 2017191142.127,114--3,693----
85 TTK Prestige14 Aug 2017256,280.15,913.7157,16014 Nov 2017256,649.6166,073--8,913----
86 VIP Industries14 Aug 2017115195.5180.222,49914 Nov 2017115316.836,390--13,891----
87 Dhanuka Agritech14 Nov 2017189659.4627.5124,75114 Feb 2018189675.3127,495--2,743----
88 Gulf Oil Lubricants India14 Nov 201749982.7797.948,19815 May 201849895.643,841196(4,357)----
89 Hawkins Cookers14 Nov 20171912,802.52,706.0535,81314 Feb 20181912,891.6551,734--15,921----
90 TVS Srichakra14 Nov 2017583,155.62,971.1183,20814 Feb 2018583,644.9211,193--27,985----
91 CRISIL Limited14 Feb 20183742,005.01,831.4750,60103 May 20183741,827.9682,9425,984(67,659)----
92 Gulf Oil Lubricants India14 Feb 2018571,052.5912.860,05323 Mar 201857910.951,867228(8,186)----
93 VST Tillers14 Feb 2018322,668.22,284.385,46615 May 2018322,963.394,729--9,263----
94 Dilip Buildcon15 May 2018581,204.3998.569,91930 May 201858982.556,926--(12,993)----
95 UNO Minda Limited15 May 2018931,082.4334.1100,76411 Jul 2018279351.097,836446(2,928)----
96 Suven Life Sciences15 May 2018722190.0171.9137,28114 Aug 2018722236.8170,763--33,482----
97 UPL Limited15 May 2018784733.3693.6575,48221 May 2018784691.4541,495--(33,987)----
98 Graphite India14 Aug 2018831,100.6833.591,43727 Sep 201883828.268,676--(22,761)----
99 Kama Holdings14 Aug 2018384,381.13,877.1166,64814 Nov 2018385,338.4202,65657036,008----
100 Kaveri Seed Company14 Aug 2018169622.0541.9105,21503 Oct 2018169536.090,500--(14,715)----
101 Oracle Financial Services Software14 Aug 20181264,017.93,764.9506,76222 Oct 20181263,764.2473,811--(32,951)----
102 Abbott India14 Nov 2018297,601.46,602.9220,66114 Feb 2019297,644.8221,476--815----
103 Alkyl Amines Chemicals14 Nov 201852800.6625.841,67014 Feb 201952721.837,496--(4,174)----
104 Automotive Axles14 Nov 2018581,251.5995.072,65714 Feb 2019581,144.966,335--(6,322)----
105 IndusInd Bank14 Nov 20183061,513.61,195.1463,61014 Feb 20193061,517.5463,891--281----
106 Sonata Software14 Nov 2018141335.3263.747,31814 Feb 2019141332.646,850--(468)----
107 Accelya Solutions India14 Feb 2019322935.4903.7301,50015 May 2019322903.5290,637--(10,863)----
108 Hindustan Construction Company14 Feb 2019140312.010.116,78315 May 2019140311.415,908--(874)----
109 SKF India14 Feb 20192191,966.01,916.9430,98518 Mar 20192191,915.5419,065--(11,920)----
110 Zee Entertainment Enterprises14 Feb 2019193433.5350.383,74008 May 2019193346.666,818--(16,922)----
111 AU Small Finance Bank15 May 2019374650.8575.3243,62414 Feb 20203741,146.1428,194281184,570----
112 DCM Shriram15 May 201983525.8431.343,68530 Jul 201983427.335,428133(8,257)----
113 Endurance Technologies15 May 20191901,169.71,090.8222,46505 Jul 20191901,088.0206,510--(15,955)----
114 Huhtamaki PPL15 May 2019633254.4211.6161,16514 Aug 2019633223.7141,429--(19,736)----
115 Vinati Organics15 May 2019671,808.01,601.5121,25714 Aug 2019672,114.3141,51346920,256----
116 AU Small Finance Bank14 Aug 2019370695.2637.6257,46314 Feb 20203701,146.1423,615--166,152----
117 Bharat Rasayan14 Aug 201974,804.34,094.933,66414 Nov 201976,599.146,1471112,483----
118 GMM Pfaudler14 Aug 2019581,324.01,172.276,86914 Nov 2019581,641.695,1155818,246----
119 Indus Towers14 Aug 2019539248.9228.4134,26425 Oct 2019539226.1121,7611,967(12,503)----
120 Kaveri Seed Company14 Aug 201949479.8405.723,53114 Nov 201949527.025,7971472,266----
121 Accelya Solutions India14 Nov 2019221,099.0872.924,20214 Feb 2020221,033.122,705220(1,497)----
122 AU Small Finance Bank14 Nov 201920836.1672.816,73814 Feb 2020201,146.122,898--6,160----
123 Dhanuka Agritech14 Nov 2019265315.6283.883,71814 Feb 2020265532.4140,932--57,214----
124 Swaraj Engines14 Nov 2019741,129.11,063.583,63727 Nov 2019741,062.578,549--(5,088)----
125 VST Industries14 Nov 2019184,560.53,766.782,17012 Mar 2020183,759.067,595--(14,575)----
126 Alkyl Amines Chemicals14 Feb 2020721,570.91,238.7113,21817 Mar 2020721,234.288,776720(24,442)----
127 Castrol India14 Feb 20201873158.3134.4296,69909 Mar 20201873134.3251,210--(45,489)----
128 Hawkins Cookers14 Feb 2020125,399.34,058.764,85618 Mar 2020124,037.448,400--(16,456)----
129 IOL Chemicals and Pharmaceuticals14 Feb 2020763195.9175.7149,58320 Mar 2020763174.7133,1462,289(16,437)----
130 VST Industries14 Feb 20201144,336.33,985.2494,82709 Mar 20201143,973.8452,564--(42,263)----
131 Aarti Drugs15 May 2020125863.4635.2108,02714 Aug 20201252,115.4264,161--156,134----
132 Amrutanjan Healthcare15 May 2020212360.2256.676,43914 Aug 2020212478.8101,394--24,955----
133 Bharat Electronics15 May 2020586467.857.9397,68314 Aug 20205864113.2662,848--265,165----
134 Indian Energy Exchange15 May 2020801160.1116.8128,36814 Aug 2020801185.4148,357--19,989----
135 Ion Exchange India15 May 2020474702.4517.3333,27114 Aug 2020474685.6324,649--(8,621)----
136 IOL Chemicals and Pharmaceuticals14 Aug 2020145789.3438.3114,55615 Feb 2021145659.495,517580(19,038)----
137 NIIT Limited14 Aug 202013608101.994.21,387,36114 Nov 202013608150.52,045,27627,216657,916----
138 Gujarat State Petronet14 Nov 20203874190.3173.6737,95915 Feb 20213874231.9897,482--159,523----
139 IOL Chemicals and Pharmaceuticals14 Nov 2020215681.2585.2146,59415 Feb 2021215659.4141,629860(4,964)----
140 KNR Constructions14 Nov 20201137256.7120.3292,10303 Feb 20212274140.1318,214--26,111----
141 Shree Renuka Sugars14 Nov 20201425310.08.6142,67315 Feb 2021142539.2130,997--(11,676)----
142 VST Industries14 Nov 20202143,513.43,326.6752,60915 Feb 20212143,557.6760,565--7,956----
143 Carysil15 Feb 20218364279.1192.02,336,72717 May 20218364323.62,703,4666,691366,739----
144 Motilal Oswal Financial Services17 May 20213713728.7646.22,708,18316 Aug 20213713799.02,963,53518,565255,352----
145 HG Infra Engineering16 Aug 20215289563.1401.12,980,95015 Nov 20215289718.03,793,4404,231812,491----
146 Chambal Fertilisers and Chemicals15 Nov 20211863356.0286.9663,89114 Feb 20221863373.2694,4838,38430,592----
147 Eclerx Services15 Nov 20211362,466.22,247.4335,73929 Nov 20211362,229.6302,916--(32,822)----
148 Swaraj Engines15 Nov 202112061,774.81,642.42,142,48929 Nov 202112061,642.11,978,445--(164,044)----
149 Thyrocare Technologies15 Nov 20215611,182.41,068.4663,99008 Dec 20215611,065.4597,095--(66,895)----
150 Maithan Alloys14 Feb 20221761,136.01,012.0200,13624 Feb 20221761,007.2177,082--(23,054)----
151 Rhi Magnesita India14 Feb 20221034494.0395.8511,30716 May 20221034561.6580,062--68,755----
152 Patanjali Foods14 Feb 20223448832.8769.52,874,36624 Feb 20223448767.42,643,460--(230,907)----
153 AU Small Finance Bank16 May 20221161,306.2538.5151,67109 Jun 2022232553.5128,279--(23,391)----
154 Bharat Dynamics16 May 2022148689.0399.0102,07416 Aug 2022148852.2126,000--23,926----
155 Castrol India16 May 202223862105.3100.32,515,18216 Aug 202223862115.22,744,962143,172229,780----
156 Ion Exchange India16 May 20223111,733.51,593.5539,65816 Aug 20223111,794.7557,594--17,936----
157 Share India Securities16 May 2022711,275.7982.290,66516 Aug 2022711,163.482,519142(8,146)----
158 16 Aug 20225251,240.2862.9651,73014 Nov 20225251,490.0781,468--------
159 16 Aug 20222534639.9315.81,623,00114 Nov 20222534636.21,610,392--------
160 16 Aug 20223451,204.0833.1415,79514 Nov 20223451,300.2448,1202,070------
161 16 Aug 2022203908.0677.5184,50814 Nov 2022203856.6173,7061,827------
162 16 Aug 20221464619.5552.7907,78214 Nov 20221464593.5868,015--------
163 14 Nov 20221651,551.51,182.1256,245--165--------1,574.6259,801
164 14 Nov 20222590763.4699.41,979,183--2590--------758.21,963,738
165 14 Nov 20222944,362.84,049.81,283,946--294--------4,327.51,272,285
166 14 Nov 2022316784.4713.9248,118--316--------842.5266,214
167 14 Nov 2022193604.0518.7116,679--193--------590.6113,986
Portfolio Totals241,8643,431,986 3,876,024

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