How has the icTracker performed against the Nifty Midcap 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 Midcap 50. Here is how this virtual portfolio has performed from December 2013 onwards:

As seen above, the initial corpus of Rs.100,000 invested on 31 December 2013 has grown to Rs.3,571,452 as of 31 December 2023.

In other words, the icTracker has outperformed the Nifty Midcap 50 by 543% during this period.

Generated Portfolio Stats
CAGR Alpha Beta Std Deviation Sharpe Ratio Treynor Ratio Modigliani Ratio
42.96%23.35%0.917531653.06%67.36%38.96%23.19%

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

icTracker gen.Nifty Midcap 50
Qtr EndTrade DatePortfolio valueIndex ValuePortfolio value
31 Dec 201314 Feb 2014100,0002,092.90100,000
31 Mar 201415 May 2014118,8302,730.15130,448
30 Jun 201414 Aug 2014154,7173,103.05148,266
30 Sep 201414 Nov 2014160,0863,384.30161,704
31 Dec 201416 Feb 2015195,7523,409.70162,918
31 Mar 201515 May 2015180,0663,300.65157,707
30 Jun 201514 Aug 2015160,2573,418.20163,324
30 Sep 201516 Nov 2015145,2873,255.05155,528
31 Dec 201515 Feb 2016141,3352,846.10135,988
31 Mar 201616 May 2016157,7363,330.10159,114
30 Jun 201616 Aug 2016174,1893,690.65176,341
30 Sep 201615 Nov 2016171,9323,643.40174,084
31 Dec 201614 Feb 2017193,1134,079.45194,919
31 Mar 201715 May 2017260,5334,710.40225,066
30 Jun 201714 Aug 2017334,6774,628.00221,129
30 Sep 201714 Nov 2017448,1265,080.50242,749
31 Dec 201714 Feb 2018472,9575,254.75251,075
31 Mar 201815 May 2018439,6455,111.75244,243
30 Jun 201814 Aug 2018431,6965,095.00243,442
30 Sep 201814 Nov 2018415,3014,801.65229,426
31 Dec 201814 Feb 2019388,0184,507.00215,347
31 Mar 201915 May 2019361,0084,585.00219,074
30 Jun 201914 Aug 2019359,8134,271.75204,107
30 Sep 201914 Nov 2019421,7354,572.25218,465
31 Dec 201914 Feb 2020550,2114,887.55233,530
31 Mar 202015 May 2020479,3433,618.50172,894
30 Jun 202014 Aug 2020694,3024,537.80216,819
30 Sep 202014 Nov 20201,003,7945,124.60244,856
31 Dec 202015 Feb 20211,054,7066,859.65327,758
31 Mar 202117 May 20211,222,5806,911.70330,245
30 Jun 202116 Aug 20212,979,9157,485.65357,669
30 Sep 202115 Nov 20212,801,3648,965.00428,353
31 Dec 202114 Feb 20222,598,5487,880.25376,523
31 Mar 202216 May 20222,464,4297,468.95356,871
30 Jun 202216 Aug 20222,470,7188,456.15404,040
30 Sep 202214 Nov 20222,537,8288,678.55414,666
31 Dec 202214 Feb 20232,351,5268,627.35412,220
31 Mar 202315 May 20232,566,1229,239.25441,457
30 Jun 202314 Aug 20232,875,08010,827.45517,342
30 Sep 202315 Nov 20233,255,04311,774.95562,614
31 Dec 202314 Feb 20243,571,45213,776.35658,242
CAGR42.96%20.72%

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 Aurobindo Pharma14 Feb 201416490.3350.87,85315 May 201416615.09,830--1,978----
2 Caplin Point Laboratories14 Feb 201427124.361.83,35915 May 201427173.54,680--1,320----
3 La Opala RG14 Feb 201428646.2588.318,11015 May 201428897.125,092--6,982----
4 R Systems International14 Feb 201426490.238.212,75726 Feb 201426043.011,180--(1,577)----
5 VST Industries14 Feb 2014361,607.41,514.357,92415 May 2014361,892.268,051--10,127----
6 Alkyl Amines Chemicals15 May 201446359.3275.316,54214 Aug 201446624.028,67536812,133----
7 Astra Microwave Products15 May 201415883.458.713,19014 Aug 2014158131.620,7641747,574----
8 Hero Motocorp15 May 2014182,440.82,172.543,97814 Aug 2014182,510.645,1451,7101,166----
9 Kajaria Ceramics15 May 201481495.1318.140,14314 Aug 201481601.548,6732848,530----
10 Kitex Garments15 May 201432163.2109.05,22814 Aug 201432287.19,176--3,949----
11 Wonderla Holidays14 Aug 2014536287.1219.6154,01314 Nov 2014536296.2158,5788044,565----
12 Bharat Rasayan14 Nov 20144890.2691.13,56416 Feb 201541,144.34,573--1,008----
13 Britannia Industries14 Nov 2014421,624.31,398.568,28916 Feb 2015422,034.285,351--17,062----
14 Centum Electronics14 Nov 201412567.1415.06,81216 Feb 201512827.79,922123,110----
15 IndusInd Bank14 Nov 201493730.6606.868,00916 Feb 201593862.980,169--12,160----
16 Ratnamani Metals n Tubes14 Nov 201424603.7468.414,50316 Feb 201524701.416,816--2,312----
17 Ajanta Pharma16 Feb 201532,782.8986.48,35720 Mar 201571,015.37,100--(1,257)----
18 Bajaj Auto16 Feb 2015172,261.92,055.738,49013 Mar 2015172,049.134,801--(3,689)----
19 HDFC Bank16 Feb 20151291,067.6936.8137,85215 May 2015129990.1127,595--(10,256)----
20 V-Mart Retail16 Feb 201515547.4517.78,21907 May 201515516.27,736--(484)----
21 Inox Wind15 May 2015384467.1416.8179,54608 Jun 2015384416.4159,737--(19,809)----
22 Hero Motocorp14 Aug 2015152,712.52,525.940,72724 Aug 2015152,515.337,691--(3,036)----
23 IndusInd Bank14 Aug 201556959.0842.353,75801 Sep 201556840.147,001--(6,757)----
24 Shilchar Technologies14 Aug 201528170.2116.24,77016 Nov 201528169.84,750--(21)----
25 Supreme Industries14 Aug 201585645.7592.654,93925 Aug 201585590.450,132--(4,808)----
26 TVS Srichakra14 Aug 201522,901.41,957.85,80916 Nov 201522,699.35,39368(416)----
27 Eclerx Services16 Nov 2015141,821.51,232.525,52717 Dec 2015181,271.322,861--(2,665)----
28 Indo Count Industries16 Nov 201512946.8851.311,37315 Feb 201612981.911,771--398----
29 NESCO Limited16 Nov 2015301,615.61,370.748,51615 Feb 2016301,548.846,418--(2,099)----
30 SJVN Limited16 Nov 2015213828.024.559,92415 Feb 2016213828.360,338--414----
31 Dabur India15 Feb 2016283248.9220.370,50916 May 2016283285.080,560--10,051----
32 TV Today Network15 Feb 2016230306.6262.570,58916 May 2016230334.976,938--6,350----
33 Accelya Solutions India16 May 2016231,124.4930.725,88716 Aug 2016231,239.928,488--2,601----
34 Ajanta Pharma16 May 2016161,592.61,373.125,50616 Aug 2016161,955.131,250--5,743----
35 Hawkins Cookers16 May 2016102,616.02,471.626,18616 Aug 2016102,857.228,5436002,357----
36 HDFC Bank16 May 2016631,162.81,025.173,33016 Aug 2016631,227.377,2435993,913----
37 Supreme Industries16 May 20167865.2779.26,06216 Aug 20167958.66,703--641----
38 Bharat Rasayan16 Aug 2016261,477.31,173.638,44715 Nov 2016261,753.845,552317,105----
39 DB Corp16 Aug 2016212409.0373.986,79511 Nov 2016212373.379,058--(7,737)----
40 Gujarat Heavy Chemicals16 Aug 2016139246.2172.934,24915 Nov 2016139217.930,258--(3,991)----
41 Rajratan Global Wire16 Aug 201613448.5260.75,83615 Nov 201613631.98,206--2,370----
42 Sudarshan Chemical Industries16 Aug 201627330.2174.98,92415 Nov 201627329.68,889--(35)----
43 Alkem Laboratories15 Nov 2016501,648.71,519.682,51514 Feb 2017501,874.393,61930011,104----
44 Garware Technical Fibres15 Nov 2016163553.3506.290,27814 Feb 2017163614.5100,055--9,777----
45 Avanti Feeds14 Feb 201777575.7489.044,36914 Nov 2017772,702.6207,888693163,519----
46 Indraprastha Gas14 Feb 2017861,023.6877.588,11815 May 2017861,000.385,935--(2,182)----
47 NATCO Pharma14 Feb 201723776.0640.517,86615 May 201723934.421,4691383,603----
48 V-Mart Retail14 Feb 201766625.9499.141,35115 May 2017661,041.468,664--27,313----
49 Avanti Feeds15 May 2017111,076.9801.611,85714 Nov 2017112,702.629,6989917,841----
50 Centrum Capital15 May 201719349.334.09,51514 Aug 201719359.311,433--1,919----
51 City Union Bank15 May 201744181.8138.38,00714 Aug 201748156.17,48514(522)----
52 Kewal Kiran Clothing15 May 2017741,769.51,683.6131,07403 Aug 2017741,680.1124,199--(6,875)----
53 Sharda Motor Industries15 May 201791,887.11,463.117,00114 Aug 201792,616.323,523--6,522----
54 Avanti Feeds14 Aug 201731,898.51,544.55,70114 Nov 201732,702.68,100--2,398----
55 DCM Shriram14 Aug 2017134384.5346.851,56814 Nov 2017134578.977,488--25,921----
56 SpiceJet14 Aug 2017104122.5108.412,75314 Nov 2017104142.114,764--2,011----
57 TTK Prestige14 Aug 2017146,280.15,913.788,00914 Nov 2017146,649.693,001--4,991----
58 VIP Industries14 Aug 201763195.5180.212,32614 Nov 201763316.819,935--7,610----
59 Dhanuka Agritech14 Nov 201793659.4627.561,38614 Feb 201893675.362,735--1,350----
60 Gulf Oil Lubricants India14 Nov 201724982.7797.923,60715 May 201824895.621,47396(2,134)----
61 Hawkins Cookers14 Nov 2017942,802.52,706.0263,69814 Feb 2018942,891.6271,534--7,835----
62 TVS Srichakra14 Nov 2017293,155.62,971.191,60414 Feb 2018293,644.9105,596--13,992----
63 CRISIL Limited14 Feb 20181842,005.01,831.4369,28003 May 20181841,827.9335,9932,944(33,287)----
64 Gulf Oil Lubricants India14 Feb 2018281,052.5912.829,49923 Mar 201828910.925,478112(4,021)----
65 VST Tillers14 Feb 2018162,668.22,284.342,73315 May 2018162,963.347,365--4,632----
66 Dilip Buildcon15 May 2018291,204.3998.534,96030 May 201829982.528,463--(6,497)----
67 Suven Life Sciences15 May 2018356190.0171.967,69014 Aug 2018356236.884,199--16,509----
68 UPL Limited15 May 2018386733.3693.6283,33721 May 2018386691.4266,604--(16,733)----
69 UNO Minda Limited15 May 2018461,082.4334.149,84011 Jul 2018138351.048,392221(1,448)----
70 Graphite India14 Aug 2018411,100.6833.545,16827 Sep 201841828.233,924--(11,244)----
71 Kama Holdings14 Aug 2018194,381.13,877.183,32414 Nov 2018195,338.4101,32828518,004----
72 Kaveri Seed Company14 Aug 201883622.0541.951,67303 Oct 201883536.044,447--(7,227)----
73 Oracle Financial Services Software14 Aug 2018624,017.93,764.9249,35922 Oct 2018623,764.2233,145--(16,214)----
74 Automotive Axles14 Nov 2018171,251.5995.021,29614 Feb 2019171,144.919,443--(1,853)----
75 IndusInd Bank14 Nov 20181021,513.61,195.1154,53714 Feb 20191021,517.5154,630--94----
76 Kewal Kiran Clothing14 Nov 20181751,325.01,183.2232,10722 Jan 20191751,181.7206,583--(25,524)----
77 Accelya Solutions India14 Feb 2019297935.4903.7278,09215 May 2019297903.5268,072--(10,020)----
78 Hindustan Construction Company14 Feb 2019140012.010.116,74715 May 2019140011.415,874--(873)----
79 Vinati Organics14 Feb 2019151,623.31,471.524,37427 Feb 2019151,469.622,021--(2,353)----
80 Zee Entertainment Enterprises14 Feb 2019157433.5350.368,12008 May 2019157346.654,354--(13,765)----
81 AU Small Finance Bank15 May 2019189650.8575.3123,11514 Feb 20201891,146.1216,38714293,272----
82 Avantel15 May 2019301250.8218.375,56615 Jul 2019301216.965,213602(10,354)----
83 DCM Shriram15 May 201937525.8431.319,47430 Jul 201937427.315,79359(3,681)----
84 Huhtamaki PPL15 May 2019276254.4211.670,27114 Aug 2019276223.761,666--(8,605)----
85 Vinati Organics15 May 2019401,808.01,601.572,39214 Aug 2019402,114.384,48528012,093----
86 AU Small Finance Bank14 Aug 2019141695.2637.698,11414 Feb 20201411,146.1161,432--63,317----
87 Bharat Rasayan14 Aug 201934,804.34,094.914,42714 Nov 201936,599.119,77755,350----
88 Indus Towers14 Aug 2019231248.9228.457,54225 Oct 2019231226.152,183843(5,359)----
89 Kaveri Seed Company14 Aug 201921479.8405.710,08514 Nov 201921527.011,05663971----
90 Pokarna14 Aug 2019373134.3106.850,14414 Nov 2019373170.663,57022413,426----
91 Accelya Solutions India14 Nov 2019111,099.0872.912,10114 Feb 2020111,033.111,353110(748)----
92 AU Small Finance Bank14 Nov 201910836.1672.88,36914 Feb 2020101,146.111,449--3,080----
93 Dhanuka Agritech14 Nov 2019133315.6283.842,01714 Feb 2020133532.470,732--28,715----
94 Swaraj Engines14 Nov 2019371,129.11,063.541,81827 Nov 2019371,062.539,275--(2,544)----
95 VST Industries14 Nov 201994,560.53,766.741,08512 Mar 202093,759.033,798--(7,288)----
96 Alkyl Amines Chemicals14 Feb 2020331,570.91,238.751,89217 Mar 2020331,234.240,689330(11,203)----
97 Castrol India14 Feb 2020856158.3134.4135,59809 Mar 2020856134.3114,808--(20,789)----
98 Hawkins Cookers14 Feb 202065,399.34,058.732,42818 Mar 202064,037.424,200--(8,228)----
99 IOL Chemicals and Pharmaceuticals14 Feb 2020349195.9175.768,42020 Mar 2020349174.760,9021,047(7,518)----
100 VST Industries14 Feb 2020524,336.33,985.2225,71109 Mar 2020523,973.8206,433--(19,278)----
101 Aarti Drugs15 May 202058863.4635.250,12414 Aug 2020582,115.4122,571--72,446----
102 Bharat Electronics15 May 2020263967.857.9178,97114 Aug 20202639113.2298,304--119,333----
103 Indian Energy Exchange15 May 2020342160.1116.854,80914 Aug 2020342185.463,343--8,534----
104 Ion Exchange India15 May 2020200702.4517.3140,62114 Aug 2020200685.6136,983--(3,638)----
105 Tata Elxsi15 May 202071777.9504.755,28314 Aug 2020711,020.772,3941,17217,111----
106 IOL Chemicals and Pharmaceuticals14 Aug 202067789.3438.352,93315 Feb 202167659.444,136268(8,797)----
107 NIIT Limited14 Aug 20206292101.994.2641,48114 Nov 20206292150.5945,68512,584304,204----
108 IOL Chemicals and Pharmaceuticals14 Nov 2020127681.2585.286,59315 Feb 2021127659.483,660508(2,933)----
109 KNR Constructions14 Nov 2020779256.7120.3200,13003 Feb 20211558140.1218,020--17,890----
110 Shree Renuka Sugars14 Nov 20201103710.08.6110,48015 Feb 2021110379.2101,439--(9,042)----
111 Tips Industries14 Nov 2020322276.3220.189,05815 Feb 2021322403.5129,797--40,740----
112 VST Industries14 Nov 20201343,513.43,326.6471,26015 Feb 20211343,557.6476,242--4,982----
113 Carysil15 Feb 20213760279.1192.01,050,46617 May 20213760323.61,215,3323,008164,866----
114 Easy Trip Planners17 May 20216349191.6167.61,217,68516 Aug 20216349469.12,975,020--1,757,335----
115 India Pesticides16 Aug 20219082326.5308.82,967,78423 Aug 20219082307.42,789,233--(178,551)----
116 Chambal Fertilisers and Chemicals15 Nov 20211197356.0286.9426,55814 Feb 20221197373.2446,2145,38719,656----
117 Eclerx Services15 Nov 20211102,466.22,247.4271,55329 Nov 20211102,229.6245,006--(26,547)----
118 Swaraj Engines15 Nov 20217551,774.81,642.41,341,27629 Nov 20217551,642.11,238,579--(102,697)----
119 Thangamayil Jewellery15 Nov 2021502651.5540.1327,38009 Feb 2022502538.7270,1372,510(57,243)----
120 Thyrocare Technologies15 Nov 20213681,182.41,068.4435,55808 Dec 20213681,065.4391,677--(43,881)----
121 Maithan Alloys14 Feb 20221271,136.01,012.0144,41624 Feb 20221271,007.2127,780--(16,636)----
122 Patanjali Foods14 Feb 20222499832.8769.52,083,24824 Feb 20222499767.41,915,895--(167,354)----
123 Rhi Magnesita India14 Feb 2022750494.0395.8370,87116 May 2022750561.6420,741--49,871----
124 AU Small Finance Bank16 May 20223901,306.2538.5509,92709 Jun 2022780553.5431,284--(78,643)----
125 Bharat Dynamics16 May 2022495689.0399.0341,39616 Aug 2022495852.2421,417--80,021----
126 Ion Exchange India16 May 20226891,733.51,593.51,195,57616 Aug 20226891,794.71,235,312--39,736----
127 Share India Securities16 May 20222441,275.7982.2311,58216 Aug 20222441,163.4283,586488(27,996)----
128 Shilchar Technologies16 May 2022170618.6304.4105,25916 Aug 2022170572.797,262680(7,997)----
129 Apar Industries16 Aug 20223431,240.2862.9425,79714 Nov 20223431,490.0510,559--84,762----
130 AU Small Finance Bank16 Aug 20221655639.9315.81,060,01114 Nov 20221655636.21,051,775--(8,235)----
131 Aditya Vision16 Aug 20222251,204.0833.1271,17114 Nov 20222251,300.2292,2531,35021,082----
132 Deepak Fertilisers n Petrochemicals16 Aug 2022133908.0677.5120,88514 Nov 2022133856.6113,8071,197(7,078)----
133 Gujarat Heavy Chemicals16 Aug 2022956619.5552.7592,78614 Nov 2022956593.5566,819--(25,968)----
134 Accelya Solutions India14 Nov 20221011,551.51,182.1156,85314 Feb 20231011,179.3118,9953,535(37,858)----
135 Hawkins Cookers14 Nov 20221726,451.95,910.31,110,83714 Feb 20231726,018.61,034,155--(76,681)----
136 Narayana Hrudayalaya14 Nov 20221357763.4699.41,036,97015 May 20231357769.21,042,761--5,791----
137 Sharda Motor Industries14 Nov 2022294784.4713.9230,84423 Dec 2022294710.8208,760--(22,084)----
138 AIA Engineering14 Feb 20231162,799.52,515.2325,06115 May 20231162,752.5318,971--(6,090)----
139 Narayana Hrudayalaya14 Feb 20231139725.0692.7826,54415 May 20231139769.2875,243--48,699----
140 Shilchar Technologies14 Feb 2023921,330.9924.0122,56515 May 2023921,892.3173,913--51,348----
141 Waaree Renewable Technologies14 Feb 2023102596.2502.060,86815 May 2023102989.4100,818--39,950----
142 WPIL Limited14 Feb 2023181,742.31,195.831,39215 May 2023182,951.853,078--21,687----
143 Bharat Electronics15 May 202310296107.793.41,109,47314 Aug 202310296130.51,342,284--232,812----
144 Nucleus Software Exports15 May 2023357627.2546.4224,11714 Aug 2023357995.5355,0203,570130,904----
145 State Bank of India15 May 20231541581.9520.4897,60514 Aug 20231541560.8863,32917,413(34,276)----
146 West Coast Paper Mills15 May 2023576576.3506.1332,28109 Jun 2023576505.4290,816--(41,465)----
147 Ajanta Pharma14 Aug 20232431,738.61,396.0422,90215 Nov 20232431,949.3473,206--50,304----
148 Apar Industries14 Aug 2023954,145.33,101.4394,19315 Nov 2023955,621.5533,504--139,311----
149 Jyothy Laboratories14 Aug 2023809321.7205.5260,51615 Nov 2023809458.6370,636--110,121----
150 Motilal Oswal Financial Services14 Aug 2023205943.7750.7193,65215 Nov 20232051,223.9250,638--56,986----
151 Oracle Financial Services Software14 Aug 20234023,985.63,722.11,603,81415 Nov 20234024,051.51,627,054--23,241----
152 15 Nov 2023120639.0530.976,75114 Feb 2024120901.0108,012--------
153 15 Nov 2023277998.086.9272,61414 Feb 20242779100.3278,316--------
154 15 Nov 20232527,241.86,730.31,826,75914 Feb 20242527,096.61,786,555--------
155 15 Nov 20231627584.7555.0952,25814 Feb 20241627743.41,208,302--------
156 15 Nov 2023462,687.21,550.7123,73514 Feb 2024464,076.7187,341--------
157 14 Feb 20241390566.5468.9788,153--1390--------564.5784,586
158 14 Feb 20241976197.1154.1389,859--1976--------208.4411,798
159 14 Feb 20242437807.4722.91,969,602--2437--------816.91,990,785
160 14 Feb 2024146,674.55,143.893,536--14--------7,162.0100,267
161 14 Feb 2024427,765.94,014.0326,492--42--------7,673.0322,266
Portfolio Totals66,9273,088,117 3,609,702

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  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.
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