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 June 2011 onwards:

As seen above, the initial corpus of Rs.100,000 invested on 30 June 2011 has grown to Rs.4,844,125 as of 30 June 2021.

In other words, the icTracker has outperformed the Nifty 50 by 1473% during this period.

Generated Portfolio Stats
CAGR Alpha Beta Std Deviation Sharpe Ratio Treynor Ratio Modigliani Ratio
47.36%37.43%0.589299430.48%135.52%70.10%29.59%

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

icTracker gen.Nifty 50
Qtr EndTrade DatePortfolio valueIndex ValuePortfolio value
30 Jun 201116 Aug 2011100,0005,035.80100,000
30 Sep 201114 Nov 2011107,0205,148.35102,235
31 Dec 201114 Feb 2012110,9615,416.05107,551
31 Mar 201215 May 2012123,5274,942.8098,153
30 Jun 201214 Aug 2012122,6765,380.35106,842
30 Sep 201215 Nov 2012146,5025,631.00111,819
31 Dec 201214 Feb 2013208,5215,896.95117,101
31 Mar 201315 May 2013205,4996,146.75122,061
30 Jun 201314 Aug 2013195,8605,742.30114,030
30 Sep 201314 Nov 2013245,9306,056.15120,262
31 Dec 201314 Feb 2014301,9456,048.35120,107
31 Mar 201415 May 2014395,7597,123.15141,450
30 Jun 201414 Aug 2014511,9067,791.70154,726
30 Sep 201414 Nov 2014651,0688,389.90166,605
31 Dec 201416 Feb 2015761,0048,809.35174,935
31 Mar 201515 May 2015704,3668,262.35164,072
30 Jun 201514 Aug 2015734,5368,518.55169,160
30 Sep 201516 Nov 2015667,0447,806.60155,022
31 Dec 201515 Feb 2016642,4917,162.95142,241
31 Mar 201616 May 2016700,2487,860.75156,097
30 Jun 201616 Aug 2016781,5608,642.55171,622
30 Sep 201615 Nov 2016773,9658,108.45161,016
31 Dec 201614 Feb 2017866,9538,792.30174,596
31 Mar 201715 May 20171,137,3989,445.40187,565
30 Jun 201714 Aug 20171,310,1839,794.15194,491
30 Sep 201714 Nov 20171,687,90810,186.60202,284
31 Dec 201714 Feb 20181,784,25810,500.90208,525
31 Mar 201815 May 20181,686,71210,801.85214,501
30 Jun 201814 Aug 20181,658,82511,435.10227,076
30 Sep 201814 Nov 20181,503,48710,576.30210,022
31 Dec 201814 Feb 20191,474,61310,746.05213,393
31 Mar 201915 May 20191,416,59111,157.00221,554
30 Jun 201914 Aug 20191,466,81911,029.40219,020
30 Sep 201914 Nov 20191,641,80111,872.10235,754
31 Dec 201914 Feb 20201,996,55112,113.45240,547
31 Mar 202015 May 20201,729,9039,136.85181,438
30 Jun 202014 Aug 20202,310,42311,178.40221,979
30 Sep 202014 Nov 20203,393,27912,780.25253,788
31 Dec 202015 Feb 20213,464,65415,314.70304,117
31 Mar 202117 May 20214,352,07814,923.15296,341
30 Jun 202116 Aug 20214,844,12516,563.05328,906
CAGR47.36%12.63%

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 Balmer Lawrie16 Aug 201131666.5590.120,68205 Oct 201131588.918,237806(2,445)----
2 Gujarat Mineral Development Corporation16 Aug 2011422164.0148.869,27714 Nov 2011422182.977,0861,2667,808----
3 Godfrey Phillips India16 Aug 201113,265.02,435.83,26814 Nov 201113,171.73,16935(100)----
4 Page Industries16 Aug 201112,641.01,995.72,64414 Nov 201112,600.52,598--(46)----
5 VIP Industries16 Aug 20114789.3133.63,16031 Oct 201120141.52,82728(333)----
6 Amara Raja Batteries14 Nov 201161213.3191.413,02414 Feb 201261287.117,496--4,471----
7 Balaji Amines14 Nov 201150636.933.918,66518 Nov 201150633.917,113--(1,552)----
8 Bliss GVS Phrma14 Nov 201116923.721.44,00930 Dec 201116921.43,60659(403)----
9 Dabur India14 Nov 2011651100.091.965,13314 Feb 2012651103.367,181--2,049----
10 Hero Motocorp14 Nov 201132,209.61,988.76,63512 Dec 201131,986.35,953--(682)----
11 Hindustan Unilever14 Feb 2012144391.9373.556,48315 May 2012144432.562,211--5,728----
12 South Indian Bank14 Feb 201219427.622.25,35011 May 201219422.14,289--(1,061)----
13 Triveni Turbine14 Feb 201278640.434.131,74715 May 201278642.433,254--1,507----
14 VST Industries14 Feb 2012121,265.91,080.415,20515 May 2012121,801.621,598--6,392----
15 Asian Paints15 May 2012123,768.13,333.445,26214 Aug 2012123,782.045,33836676----
16 Castrol India15 May 201266528.5485.234,91301 Jun 201266484.331,930--(2,982)----
17 Colgate Palmolive India15 May 2012121,225.91,117.414,72619 Jun 2012121,115.313,370--(1,355)----
18 Divis Laboratories15 May 20128897.4789.17,18614 Aug 201281,141.59,123961,937----
19 MindTree Limited15 May 201234614.6466.220,91614 Aug 201234644.121,87651960----
20 Hindustan Unilever14 Aug 201286495.9454.242,69015 Nov 201286533.845,8611,0753,171----
21 Kaveri Seed Company14 Aug 201211802.1688.68,83115 Nov 2012111,258.113,825--4,994----
22 Supreme Industries14 Aug 2012139273.0231.937,98515 Nov 2012139289.540,2006262,215----
23 Vaibhav Global14 Aug 201235150.845.217,83115 Nov 201235185.029,805--11,974----
24 Whirlpool of India14 Aug 201260257.9215.315,48615 Nov 201260254.615,258--(229)----
25 Caplin Point Laboratories15 Nov 201224176.853.518,51514 Feb 201324180.819,441--926----
26 La Opala RG15 Nov 2012522180.1145.094,08014 Feb 2013522297.2154,957--60,877----
27 Ratnamani Metals n Tubes15 Nov 2012170133.0113.922,63314 Feb 2013170134.222,783--150----
28 Union Bank of India15 Nov 201246230.3175.510,60214 Feb 201346232.210,668--66----
29 Britannia Industries14 Feb 201355493.1465.627,14815 May 201355570.631,349--4,201----
30 DB Corp14 Feb 2013356239.8215.585,45415 May 2013356234.883,487--(1,967)----
31 Emami Limited14 Feb 201391619.2591.156,39901 Mar 201391590.553,683--(2,716)----
32 Rhi Magnesita India14 Feb 2013100738.836.639,06009 Apr 2013100736.336,520--(2,541)----
33 Astra Microwave Products15 May 2013231039.838.592,03017 Jun 2013231038.588,749--(3,281)----
34 Century Plyboards15 May 2013114252.749.960,24411 Jun 2013114249.856,765--(3,479)----
35 City Union Bank15 May 201312355.651.86,84624 Jul 201312351.76,349123(497)----
36 Hawkins Cookers15 May 2013212,260.22,147.347,51113 Jun 2013212,145.345,006--(2,505)----
37 Bata India14 Aug 201325921.5829.323,06122 Aug 201325826.720,646--(2,415)----
38 Britannia Industries14 Aug 201329753.7692.021,87821 Aug 201329691.020,018--(1,860)----
39 MindTree Limited14 Aug 20131281,006.7817.3128,98714 Nov 20131281,391.4177,91564048,928----
40 Supreme Industries14 Aug 201325347.3316.78,69005 Sep 201325316.27,896138(794)----
41 VST Tillers14 Aug 201333409.0368.913,50914 Feb 201433799.426,352--12,843----
42 Ajanta Pharma14 Nov 201326976.5713.125,41314 Feb 201426947.424,608--(805)----
43 Alkyl Amines Chemicals14 Nov 2013128188.0141.124,08814 Feb 2014128224.828,746--4,658----
44 Bank of India14 Nov 201370223.2157.415,63614 Feb 201470173.712,147350(3,489)----
45 Dhanuka Agritech14 Nov 2013562155.6137.787,50714 Feb 2014562189.7106,505--18,998----
46 VST Tillers14 Nov 2013129574.0468.174,12014 Feb 2014129799.4103,013--28,893----
47 Aurobindo Pharma14 Feb 201423490.3350.811,28815 May 201423615.014,131--2,843----
48 La Opala RG14 Feb 2014177646.2588.3114,48315 May 2014177897.1158,619--44,136----
49 Symphony Limited14 Feb 201479502.7429.539,74915 May 201479808.463,800--24,051----
50 VST Industries14 Feb 2014811,607.41,514.3130,33015 May 2014811,892.2153,115--22,785----
51 Alkyl Amines Chemicals15 May 2014194359.3275.369,76414 Aug 2014194624.0120,9351,55251,171----
52 Astra Microwave Products15 May 201433683.458.728,05014 Aug 2014336131.644,15737016,106----
53 Hero Motocorp15 May 2014482,440.82,172.5117,27614 Aug 2014482,510.6120,3864,5603,110----
54 Kajaria Ceramics15 May 2014361495.1318.1178,91014 Aug 2014361601.5216,9241,26438,015----
55 Bharat Rasayan14 Aug 2014119527.9394.062,88314 Nov 2014119890.2105,82811942,945----
56 Cummins India14 Aug 2014374668.0620.3250,08214 Nov 2014374849.0317,2091,87067,127----
57 Kaveri Seed Company14 Aug 2014159833.8673.1132,69914 Nov 2014159908.3144,27577911,576----
58 Marksans Pharma14 Aug 201482743.631.136,05214 Nov 201482760.149,6538313,601----
59 Wonderla Holidays14 Aug 2014106287.1219.630,45814 Nov 2014106296.231,361159903----
60 Britannia Industries14 Nov 20141001,624.31,398.5162,59216 Feb 20151002,034.2203,217--40,624----
61 CRISIL Limited14 Nov 2014821,954.61,724.2160,43316 Feb 2015822,126.0174,154--13,720----
62 IndusInd Bank14 Nov 2014364730.6606.8266,18616 Feb 2015364862.9313,782--47,595----
63 Ratnamani Metals n Tubes14 Nov 201483603.7468.450,15716 Feb 201583701.458,154--7,997----
64 Bajaj Auto16 Feb 2015772,261.92,055.7174,33713 Mar 2015772,049.1157,626--(16,711)----
65 HDFC Bank16 Feb 20152211,067.6936.8236,16515 May 2015221990.1218,593--(17,571)----
66 TVS Srichakra16 Feb 2015291,757.41,603.351,01626 Feb 2015291,596.846,261--(4,754)----
67 V-Mart Retail16 Feb 2015546547.4517.7299,17907 May 2015546516.2281,578--(17,602)----
68 AIA Engineering15 May 20151021,182.51,054.0120,73622 May 20151021,051.3107,128--(13,607)----
69 Bajaj Consumer Care15 May 2015310451.2418.2140,01212 Jun 2015310418.0129,445--(10,567)----
70 Divis Laboratories15 May 20151161,795.01,669.3208,42814 Aug 20151162,183.0252,9692,32044,541----
71 Redington India15 May 20151606118.6106.4190,58212 Jun 20151606106.1170,197--(20,384)----
72 TVS Srichakra15 May 2015251,782.01,295.744,59514 Aug 2015252,901.472,462--27,868----
73 Hero Motocorp14 Aug 2015882,712.52,525.9238,93424 Aug 2015882,515.3221,121--(17,813)----
74 IndusInd Bank14 Aug 2015168959.0842.3161,27301 Sep 2015168840.1141,002--(20,271)----
75 PI Industries14 Aug 201569698.5638.148,24124 Aug 201569635.943,834--(4,408)----
76 Supreme Industries14 Aug 2015442645.7592.6285,68525 Aug 2015442590.4260,684--(25,000)----
77 Eclerx Services16 Nov 2015461,821.51,232.583,87317 Dec 2015611,271.377,475--(6,398)----
78 Indo Count Industries16 Nov 201570946.8851.366,34215 Feb 201670981.968,664--2,322----
79 NESCO Limited16 Nov 20151191,615.61,370.7192,44915 Feb 20161191,548.8184,123--(8,326)----
80 SJVN Limited16 Nov 2015519128.024.5145,49315 Feb 2016519128.3146,499--1,006----
81 Suprajit Engineering16 Nov 20151245143.9135.0179,33515 Jan 20161245133.6166,178--(13,157)----
82 TV Today Network15 Feb 20162092306.6262.5642,04916 May 20162092334.9699,806--57,757----
83 Accelya Solutions India16 May 2016931,124.4930.7104,67416 Aug 2016931,239.9115,191--10,517----
84 Ajanta Pharma16 May 2016721,592.61,373.1114,77816 Aug 2016721,955.1140,623--25,845----
85 Hawkins Cookers16 May 20161142,616.02,471.6298,52216 Aug 20161142,857.2325,3896,84026,867----
86 HDFC Bank16 May 20161571,162.81,025.1182,74216 Aug 20161571,227.3192,4931,4929,751----
87 Bharat Rasayan16 Aug 20161091,477.31,173.6161,18115 Nov 20161091,753.8190,96813129,786----
88 DB Corp16 Aug 2016834409.0373.9341,44711 Nov 2016834373.3311,011--(30,436)----
89 Gujarat Heavy Chemicals16 Aug 2016633246.2172.9155,96915 Nov 2016633217.9137,793--(18,176)----
90 Sudarshan Chemical Industries16 Aug 2016150330.2174.949,58015 Nov 2016150329.649,383--(196)----
91 Sundram Fasteners16 Aug 2016293252.7190.074,11515 Nov 2016293290.184,91449810,799----
92 Alkem Laboratories15 Nov 20161861,648.71,519.6306,95614 Feb 20171861,874.3348,2621,11641,306----
93 Garware Technical Fibres15 Nov 2016843553.3506.2466,89814 Feb 2017843614.5517,463--50,565----
94 AIA Engineering14 Feb 20171611,413.61,274.8227,81715 May 20171611,509.6242,79564414,977----
95 Avanti Feeds14 Feb 2017303575.7489.0174,59614 Nov 20173032,702.6818,0542,727643,457----
96 Indraprastha Gas14 Feb 20172901,023.6877.5297,14115 May 20172901,000.3289,782--(7,358)----
97 V-Mart Retail14 Feb 2017267625.9499.1167,28215 May 20172671,041.4277,776--110,493----
98 Avanti Feeds15 May 2017291,076.9801.631,26014 Nov 2017292,702.678,29626147,036----
99 Balrampur Chini Mills15 May 2017992165.4147.2164,24108 Jun 2017992146.9145,589--(18,652)----
100 Centrum Capital15 May 201734749.334.017,10714 Aug 201734759.320,557--3,450----
101 City Union Bank15 May 2017810181.8138.3147,40514 Aug 2017891156.1138,946267(8,459)----
102 NATCO Pharma15 May 2017482934.4789.8450,80710 Aug 2017482771.0371,242--(79,565)----
103 Avanti Feeds14 Aug 2017731,898.51,544.5138,72914 Nov 2017732,702.6197,089--58,360----
104 DCM Shriram14 Aug 2017108384.5346.841,56214 Nov 2017108578.962,453--20,891----
105 SpiceJet14 Aug 2017331122.5108.440,58814 Nov 2017331142.146,988--6,400----
106 TTK Prestige14 Aug 2017736,280.15,913.7458,90614 Nov 2017736,649.6484,932--26,026----
107 Dhanuka Agritech14 Nov 2017397659.4627.5262,04414 Feb 2018397675.3267,806--5,763----
108 Hawkins Cookers14 Nov 20173692,802.52,706.01,035,15714 Feb 20183692,891.61,065,915--30,758----
109 TVS Srichakra14 Nov 20171243,155.62,971.1391,68614 Feb 20181243,644.9451,516--59,830----
110 CRISIL Limited14 Feb 20187212,005.01,831.41,447,01503 May 20187211,827.91,316,58111,536(130,434)----
111 Gulf Oil Lubricants India14 Feb 2018651,052.5912.868,48123 Mar 201865910.959,146260(9,335)----
112 Tata Elxsi14 Feb 20181301,021.7887.0132,94715 May 20181301,144.3148,610--15,663----
113 VST Tillers14 Feb 2018512,668.22,284.3136,21215 May 2018512,963.3150,975--14,763----
114 Dilip Buildcon15 May 20181871,204.3998.5225,42930 May 2018187982.5183,537--(41,892)----
115 HEG Limited15 May 2018223,277.82,698.272,18414 Aug 2018224,187.092,0221,10019,838----
116 Minda Industries15 May 20183811,082.4334.1412,80711 Jul 20181143351.0400,8101,829(11,997)----
117 Suven Life Sciences15 May 20181056190.0171.9200,78814 Aug 20181056236.8249,758--48,970----
118 UPL Limited15 May 20181055733.3693.6774,40521 May 20181055691.4728,670--(45,735)----
119 Bandhan Bank14 Aug 2018109698.9520.776,25601 Oct 2018109507.055,205--(21,051)----
120 Graphite India14 Aug 20181081,100.6833.5118,97827 Sep 2018108828.289,361--(29,617)----
121 Kaveri Seed Company14 Aug 2018226622.0541.9140,70103 Oct 2018226536.0121,023--(19,678)----
122 Oracle Financial Services Software14 Aug 20183254,017.93,764.91,307,12322 Oct 20183253,764.21,222,132--(84,992)----
123 Abbott India14 Nov 2018967,601.46,602.9730,46414 Feb 2019967,644.8733,162--2,698----
124 IndusInd Bank14 Nov 20183501,513.61,195.1530,27214 Feb 20193501,517.5530,594--322----
125 Tata Metaliks14 Nov 2018349687.7557.9240,23014 Feb 2019349597.6208,336--(31,893)----
126 Accelya Solutions India14 Feb 2019547935.4903.7512,17615 May 2019547903.5493,721--(18,454)----
127 Hindustan Construction Company14 Feb 2019390112.010.146,66415 May 2019390111.444,232--(2,431)----
128 SKF India14 Feb 20194311,966.01,916.9848,19318 Mar 20194311,915.5824,734--(23,459)----
129 Zee Entertainment Enterprises14 Feb 2019156433.5350.367,68608 May 2019156346.654,008--(13,678)----
130 AU Small Finance Bank15 May 2019578650.8575.3376,51014 Nov 2019578836.1482,754434106,244----
131 DCM Shriram15 May 2019122525.8431.364,21230 Jul 2019122427.352,075195(12,136)----
132 Endurance Technologies15 May 20193051,169.71,090.8357,11505 Jul 20193051,088.0331,503--(25,613)----
133 Huhtamaki PPL15 May 2019589254.4211.6149,96214 Aug 2019589223.7131,598--(18,364)----
134 Vinati Organics15 May 20192601,808.01,601.5470,55014 Aug 20192602,114.3549,1551,82078,605----
135 AU Small Finance Bank14 Aug 2019771695.2637.6536,49714 Nov 2019771836.1643,950--107,453----
136 Bharat Rasayan14 Aug 2019134,804.34,094.962,51814 Nov 2019136,599.185,7022023,184----
137 Indus Towers14 Aug 20191874248.9228.4466,81125 Oct 20191874226.1423,3406,840(43,471)----
138 Accelya Solutions India14 Nov 2019551,099.0872.960,50514 Feb 2020551,033.156,764550(3,742)----
139 Dhanuka Agritech14 Nov 20191909315.6283.8603,08314 Feb 20201909532.41,015,240--412,157----
140 Swaraj Engines14 Nov 20195491,129.11,063.5620,49627 Nov 20195491,062.5582,751--(37,745)----
141 VST Industries14 Nov 2019724,560.53,766.7328,68112 Mar 2020723,759.0270,381--(58,300)----
142 Alkyl Amines Chemicals14 Feb 20201791,570.91,238.7281,47217 Mar 20201791,234.2220,7071,790(60,765)----
143 Castrol India14 Feb 20202460158.3134.4389,68409 Mar 20202460134.3329,940--(59,745)----
144 Hawkins Cookers14 Feb 2020205,399.34,058.7108,09318 Mar 2020204,037.480,667--(27,426)----
145 IOL Chemicals and Pharmaceuticals14 Feb 2020564195.9175.7110,57020 Mar 2020564174.798,4201,692(12,150)----
146 VST Industries14 Feb 20201844,336.33,985.2798,66809 Mar 20201843,973.8730,454--(68,214)----
147 Aarti Drugs15 May 202073863.4635.263,08814 Aug 2020732,115.4154,270--91,182----
148 Bharat Electronics15 May 20201025867.857.9695,67514 Aug 202010258113.21,159,532--463,858----
149 Indian Energy Exchange15 May 20201739160.1116.8278,69214 Aug 20201739185.4322,088--43,396----
150 Ion Exchange India15 May 2020985702.4517.3692,55614 Aug 2020985685.6674,641--(17,915)----
151 IOL Chemicals and Pharmaceuticals14 Aug 2020116789.3438.391,64514 Nov 2020116681.278,934--(12,710)----
152 NIIT Limited14 Aug 202021760101.994.22,218,47214 Nov 202021760150.53,270,51843,5201,052,046----
153 Gujarat State Petronet14 Nov 20202971190.3173.6565,94715 Feb 20212971231.9688,286--122,339----
154 KNR Constructions14 Nov 20201943256.7120.3499,17003 Feb 20213886140.1543,791--44,621----
155 Shree Renuka Sugars14 Nov 202012948110.08.61,296,10515 Feb 20211294819.21,190,034--(106,071)----
156 VST Industries14 Nov 20202823,513.43,326.6991,75615 Feb 20212823,557.61,002,240--10,484----
157 AGC Networks15 Feb 2021609916.7745.8558,79817 May 20216091,300.0790,878--232,080----
158 Deepak Nitrite15 Feb 20219391,178.8976.11,108,00017 May 20219391,718.71,612,199--504,198----
159 J.B.Chemicals n Pharmaceuticals15 Feb 20216701,243.51,037.8833,97817 May 20216701,376.2921,1325,69587,154----
160 Kalpataru Power Transmission15 Feb 20212603369.5308.9962,64017 May 20212603384.1998,81322,12636,172----
161 17 May 20212144282.2229.3605,53516 Aug 20212144320.9687,322--------
162 17 May 20211696728.7646.21,237,02616 Aug 20211696799.01,353,6648,480------
163 17 May 20212196186.6146.1410,18316 Aug 20212196172.4378,212--------
164 17 May 202112791,589.61,403.22,035,13216 Aug 202112791,771.92,263,99488,251------
165 16 Aug 202111112,278.71,998.62,534,168--1111--------2,218.32,464,531
166 16 Aug 2021962,278.91,707.3218,993--96--------2,257.7216,739
167 16 Aug 20214868358.6329.11,747,411--4868--------347.11,689,439
168 16 Aug 2021608563.1401.1342,677--608--------554.9337,379
Portfolio Totals228,8494,119,964 4,708,088

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