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 September 2011 onwards:

As seen above, the initial corpus of Rs.100,000 invested on 30 September 2011 has grown to Rs.4,324,253 as of 30 September 2021.

In other words, the icTracker has outperformed the Nifty 50 by 1229% during this period.

Generated Portfolio Stats
CAGR Alpha Beta Std Deviation Sharpe Ratio Treynor Ratio Modigliani Ratio
45.70%34.96%0.628823330.79%128.19%62.76%28.61%

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

icTracker gen.Nifty 50
Qtr EndTrade DatePortfolio valueIndex ValuePortfolio value
30 Sep 201114 Nov 2011100,0005,148.35100,000
31 Dec 201114 Feb 2012103,6375,416.05105,200
31 Mar 201215 May 2012115,2444,942.8096,007
30 Jun 201214 Aug 2012114,1935,380.35104,506
30 Sep 201215 Nov 2012136,2815,631.00109,375
31 Dec 201214 Feb 2013193,9055,896.95114,541
31 Mar 201315 May 2013191,0716,146.75119,393
30 Jun 201314 Aug 2013182,1755,742.30111,537
30 Sep 201314 Nov 2013228,8056,056.15117,633
31 Dec 201314 Feb 2014280,9646,048.35117,481
31 Mar 201415 May 2014368,1487,123.15138,358
30 Jun 201414 Aug 2014476,1637,791.70151,344
30 Sep 201414 Nov 2014605,3778,389.90162,963
31 Dec 201416 Feb 2015707,8458,809.35171,110
31 Mar 201515 May 2015655,3358,262.35160,485
30 Jun 201514 Aug 2015683,1368,518.55165,462
30 Sep 201516 Nov 2015620,3797,806.60151,633
31 Dec 201515 Feb 2016597,4597,162.95139,131
31 Mar 201616 May 2016651,1577,860.75152,685
30 Jun 201616 Aug 2016726,7298,642.55167,870
30 Sep 201615 Nov 2016719,5888,108.45157,496
31 Dec 201614 Feb 2017806,0718,792.30170,779
31 Mar 201715 May 20171,057,6069,445.40183,465
30 Jun 201714 Aug 20171,218,5089,794.15190,239
30 Sep 201714 Nov 20171,570,02910,186.60197,861
31 Dec 201714 Feb 20181,659,46410,500.90203,966
31 Mar 201815 May 20181,568,64410,801.85209,812
30 Jun 201814 Aug 20181,543,18811,435.10222,112
30 Sep 201814 Nov 20181,398,73510,576.30205,431
31 Dec 201814 Feb 20191,371,86410,746.05208,728
31 Mar 201915 May 20191,317,89011,157.00216,710
30 Jun 201914 Aug 20191,364,42311,029.40214,232
30 Sep 201914 Nov 20191,527,03211,872.10230,600
31 Dec 201914 Feb 20201,857,05512,113.45235,288
31 Mar 202015 May 20201,610,0769,136.85177,471
30 Jun 202014 Aug 20202,150,48811,178.40217,126
30 Sep 202014 Nov 20203,158,39712,780.25248,240
31 Dec 202015 Feb 20213,224,84715,314.70297,468
31 Mar 202117 May 20214,050,95814,923.15289,863
30 Jun 202116 Aug 20214,460,32116,563.05321,716
30 Sep 202115 Nov 20214,324,25318,109.45351,753
CAGR45.70%13.39%

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 Amara Raja Batteries14 Nov 201157213.3191.412,17014 Feb 201257287.116,348--4,178----
2 Balaji Amines14 Nov 201147336.933.917,44718 Nov 201147333.915,997--(1,451)----
3 Bliss GVS Phrma14 Nov 201115823.721.43,74830 Dec 201115821.43,37255(377)----
4 Dabur India14 Nov 2011608100.091.960,83014 Feb 2012608103.362,744--1,913----
5 Hero Motocorp14 Nov 201132,209.61,988.76,63512 Dec 201131,986.35,953--(682)----
6 Hindustan Unilever14 Feb 2012134391.9373.552,56015 May 2012134432.557,890--5,330----
7 South Indian Bank14 Feb 201218127.622.24,99211 May 201218122.14,002--(990)----
8 Triveni Turbine14 Feb 201273440.434.129,64715 May 201273442.431,054--1,407----
9 VST Industries14 Feb 2012111,265.91,080.413,93815 May 2012111,801.619,798--5,860----
10 Asian Paints15 May 2012113,768.13,333.441,49014 Aug 2012113,782.041,56033670----
11 Castrol India15 May 201262528.5485.232,79701 Jun 201262484.329,995--(2,802)----
12 Colgate Palmolive India15 May 2012121,225.91,117.414,72619 Jun 2012121,115.313,370--(1,355)----
13 Divis Laboratories15 May 20127897.4789.16,28814 Aug 201271,141.57,983841,695----
14 MindTree Limited15 May 201231614.6466.219,07014 Aug 201231644.119,94647875----
15 Hindustan Unilever14 Aug 201280495.9454.239,71215 Nov 201280533.842,6611,0002,950----
16 Kaveri Seed Company14 Aug 201210802.1688.68,02915 Nov 2012101,258.112,568--4,540----
17 Supreme Industries14 Aug 2012130273.0231.935,52515 Nov 2012130289.537,5975852,072----
18 Vaibhav Global14 Aug 201232750.845.216,61215 Nov 201232785.027,767--11,155----
19 Whirlpool of India14 Aug 201256257.9215.314,45415 Nov 201256254.614,241--(213)----
20 Caplin Point Laboratories15 Nov 201222476.853.517,20914 Feb 201322480.818,070--861----
21 La Opala RG15 Nov 2012485180.1145.087,41214 Feb 2013485297.2143,974--56,562----
22 Ratnamani Metals n Tubes15 Nov 2012158133.0113.921,03514 Feb 2013158134.221,175--139----
23 Union Bank of India15 Nov 201243230.3175.59,91114 Feb 201343232.29,972--62----
24 Britannia Industries14 Feb 201351493.1465.625,17315 May 201351570.629,069--3,896----
25 DB Corp14 Feb 2013331239.8215.579,45315 May 2013331234.877,625--(1,829)----
26 Emami Limited14 Feb 201385619.2591.152,68001 Mar 201385590.550,143--(2,537)----
27 Rhi Magnesita India14 Feb 201393738.836.636,34509 Apr 201393736.333,981--(2,364)----
28 Astra Microwave Products15 May 2013214839.838.585,57617 Jun 2013214838.582,525--(3,051)----
29 Century Plyboards15 May 2013106152.749.955,97111 Jun 2013106149.852,738--(3,232)----
30 City Union Bank15 May 201311455.651.86,34524 Jul 201311451.75,884114(460)----
31 Hawkins Cookers15 May 2013192,260.22,147.342,98613 Jun 2013192,145.340,719--(2,266)----
32 Bata India14 Aug 201323921.5829.321,21622 Aug 201323826.718,994--(2,222)----
33 Britannia Industries14 Aug 201327753.7692.020,36921 Aug 201327691.018,637--(1,732)----
34 MindTree Limited14 Aug 20131191,006.7817.3119,91714 Nov 20131191,391.4165,40559545,488----
35 Supreme Industries14 Aug 201323347.3316.77,99505 Sep 201323316.27,265127(730)----
36 VST Tillers14 Aug 201331409.0368.912,69014 Feb 201431799.424,755--12,065----
37 Ajanta Pharma14 Nov 201325976.5713.124,43614 Feb 201425947.423,661--(774)----
38 Alkyl Amines Chemicals14 Nov 2013119188.0141.122,39414 Feb 2014119224.826,724--4,330----
39 Bank of India14 Nov 201365223.2157.414,51914 Feb 201465173.711,279325(3,240)----
40 Dhanuka Agritech14 Nov 2013523155.6137.781,43414 Feb 2014523189.799,114--17,680----
41 VST Tillers14 Nov 2013120574.0468.168,94914 Feb 2014120799.495,826--26,877----
42 Aurobindo Pharma14 Feb 201422490.3350.810,79715 May 201422615.013,516--2,719----
43 La Opala RG14 Feb 2014165646.2588.3106,72115 May 2014165897.1147,865--41,144----
44 Symphony Limited14 Feb 201473502.7429.536,73015 May 201473808.458,954--22,224----
45 VST Industries14 Feb 2014751,607.41,514.3120,67615 May 2014751,892.2141,773--21,098----
46 Alkyl Amines Chemicals15 May 2014180359.3275.364,73014 Aug 2014180624.0112,2081,44047,478----
47 Astra Microwave Products15 May 201431383.458.726,13014 Aug 2014313131.641,13434415,004----
48 Hero Motocorp15 May 2014452,440.82,172.5109,94614 Aug 2014452,510.6112,8624,2752,916----
49 Kajaria Ceramics15 May 2014336495.1318.1166,52014 Aug 2014336601.5201,9021,17635,382----
50 Bharat Rasayan14 Aug 2014110527.9394.058,12714 Nov 2014110890.297,82411039,697----
51 Cummins India14 Aug 2014348668.0620.3232,69714 Nov 2014348849.0295,1571,74062,460----
52 Kaveri Seed Company14 Aug 2014148833.8673.1123,51814 Nov 2014148908.3134,29472510,776----
53 Marksans Pharma14 Aug 201476943.631.133,52314 Nov 201476960.146,1717712,647----
54 Wonderla Holidays14 Aug 201498287.1219.628,15914 Nov 201498296.228,994147835----
55 Britannia Industries14 Nov 2014931,624.31,398.5151,21116 Feb 2015932,034.2188,991--37,780----
56 CRISIL Limited14 Nov 2014761,954.61,724.2148,69416 Feb 2015762,126.0161,411--12,716----
57 IndusInd Bank14 Nov 2014340730.6606.8248,63516 Feb 2015340862.9293,093--44,457----
58 Ratnamani Metals n Tubes14 Nov 201478603.7468.447,13616 Feb 201578701.454,651--7,515----
59 Bajaj Auto16 Feb 2015712,261.92,055.7160,75213 Mar 2015712,049.1145,344--(15,408)----
60 HDFC Bank16 Feb 20152051,067.6936.8219,06715 May 2015205990.1202,768--(16,299)----
61 TVS Srichakra16 Feb 2015271,757.41,603.347,49726 Feb 2015271,596.843,071--(4,426)----
62 V-Mart Retail16 Feb 2015508547.4517.7278,35707 May 2015508516.2261,981--(16,377)----
63 AIA Engineering15 May 2015951,182.51,054.0112,45022 May 2015951,051.399,776--(12,674)----
64 Bajaj Consumer Care15 May 2015288451.2418.2130,07612 Jun 2015288418.0120,258--(9,817)----
65 Divis Laboratories15 May 20151081,795.01,669.3194,05414 Aug 20151082,183.0235,5232,16041,469----
66 Redington India15 May 20151495118.6106.4177,41012 Jun 20151495106.1158,434--(18,975)----
67 TVS Srichakra15 May 2015231,782.01,295.741,02714 Aug 2015232,901.466,665--25,638----
68 Hero Motocorp14 Aug 2015822,712.52,525.9222,64324 Aug 2015822,515.3206,045--(16,599)----
69 IndusInd Bank14 Aug 2015156959.0842.3149,75401 Sep 2015156840.1130,931--(18,823)----
70 PI Industries14 Aug 201564698.5638.144,74624 Aug 201564635.940,657--(4,088)----
71 Supreme Industries14 Aug 2015411645.7592.6265,64825 Aug 2015411590.4242,401--(23,247)----
72 Eclerx Services16 Nov 2015431,821.51,232.578,40317 Dec 2015571,271.372,394--(6,009)----
73 Indo Count Industries16 Nov 201565946.8851.361,60415 Feb 201665981.963,760--2,156----
74 NESCO Limited16 Nov 20151111,615.61,370.7179,51115 Feb 20161111,548.8171,745--(7,766)----
75 SJVN Limited16 Nov 2015482828.024.5135,31915 Feb 2016482828.3136,255--935----
76 Suprajit Engineering16 Nov 20151158143.9135.0166,80315 Jan 20161158133.6154,566--(12,237)----
77 TV Today Network15 Feb 20161945306.6262.5596,93316 May 20161945334.9650,632--53,699----
78 Accelya Solutions India16 May 2016861,124.4930.796,79516 Aug 2016861,239.9106,521--9,725----
79 Ajanta Pharma16 May 2016671,592.61,373.1106,80816 Aug 2016671,955.1130,857--24,050----
80 Hawkins Cookers16 May 20161062,616.02,471.6277,57316 Aug 20161062,857.2302,5556,36024,982----
81 HDFC Bank16 May 20161461,162.81,025.1169,93916 Aug 20161461,227.3179,0071,3879,068----
82 Bharat Rasayan16 Aug 20161011,477.31,173.6149,35215 Nov 20161011,753.8176,95212127,600----
83 DB Corp16 Aug 2016775409.0373.9317,29211 Nov 2016775373.3289,009--(28,283)----
84 Gujarat Heavy Chemicals16 Aug 2016588246.2172.9144,88115 Nov 2016588217.9127,997--(16,884)----
85 Sudarshan Chemical Industries16 Aug 2016140330.2174.946,27415 Nov 2016140329.646,091--(183)----
86 Sundram Fasteners16 Aug 2016272252.7190.068,80315 Nov 2016272290.178,82846210,025----
87 Alkem Laboratories15 Nov 20161731,648.71,519.6285,50214 Feb 20171731,874.3323,9211,03838,419----
88 Garware Technical Fibres15 Nov 2016784553.3506.2434,22114 Feb 2017784614.5481,247--47,026----
89 AIA Engineering14 Feb 20171501,413.61,274.8212,25215 May 20171501,509.6226,20660013,954----
90 Avanti Feeds14 Feb 2017282575.7489.0162,49614 Nov 20172822,702.6761,3572,538598,861----
91 Indraprastha Gas14 Feb 20172691,023.6877.5275,62415 May 20172691,000.3268,798--(6,826)----
92 V-Mart Retail14 Feb 2017248625.9499.1155,37815 May 20172481,041.4258,009--102,631----
93 Avanti Feeds15 May 2017271,076.9801.629,10414 Nov 2017272,702.672,89624343,792----
94 Balrampur Chini Mills15 May 2017922165.4147.2152,65108 Jun 2017922146.9135,316--(17,336)----
95 Centrum Capital15 May 201732349.334.015,92414 Aug 201732359.319,135--3,211----
96 City Union Bank15 May 2017753181.8138.3137,03214 Aug 2017828156.1129,122248(7,911)----
97 NATCO Pharma15 May 2017448934.4789.8419,00710 Aug 2017448771.0345,055--(73,953)----
98 Avanti Feeds14 Aug 2017681,898.51,544.5129,22714 Nov 2017682,702.6183,590--54,363----
99 DCM Shriram14 Aug 2017100384.5346.838,48314 Nov 2017100578.957,827--19,344----
100 SpiceJet14 Aug 2017308122.5108.437,76814 Nov 2017308142.143,723--5,955----
101 TTK Prestige14 Aug 2017686,280.15,913.7427,47414 Nov 2017686,649.6451,717--24,243----
102 Dhanuka Agritech14 Nov 2017369659.4627.5243,56214 Feb 2018369675.3248,918--5,356----
103 Hawkins Cookers14 Nov 20173432,802.52,706.0962,21914 Feb 20183432,891.6990,810--28,591----
104 TVS Srichakra14 Nov 20171153,155.62,971.1363,25714 Feb 20181153,644.9418,744--55,487----
105 CRISIL Limited14 Feb 20186702,005.01,831.41,344,66003 May 20186701,827.91,223,45210,720(121,208)----
106 Gulf Oil Lubricants India14 Feb 2018611,052.5912.864,26723 Mar 201861910.955,507244(8,760)----
107 Tata Elxsi14 Feb 20181211,021.7887.0123,74315 May 20181211,144.3138,322--14,579----
108 VST Tillers14 Feb 2018472,668.22,284.3125,52915 May 2018472,963.3139,134--13,605----
109 Dilip Buildcon15 May 20181741,204.3998.5209,75830 May 2018174982.5170,778--(38,980)----
110 HEG Limited15 May 2018213,277.82,698.268,90314 Aug 2018214,187.087,8391,05018,936----
111 Minda Industries15 May 20183551,082.4334.1384,63611 Jul 20181065351.0373,4581,704(11,178)----
112 Suven Life Sciences15 May 2018982190.0171.9186,71714 Aug 2018982236.8232,256--45,539----
113 UPL Limited15 May 2018981733.3693.6720,08721 May 2018981691.4677,560--(42,527)----
114 Bandhan Bank14 Aug 2018101698.9520.770,66001 Oct 2018101507.051,153--(19,506)----
115 Graphite India14 Aug 20181001,100.6833.5110,16527 Sep 2018100828.282,742--(27,423)----
116 Kaveri Seed Company14 Aug 2018210622.0541.9130,74003 Oct 2018210536.0112,455--(18,285)----
117 Oracle Financial Services Software14 Aug 20183034,017.93,764.91,218,64122 Oct 20183033,764.21,139,403--(79,238)----
118 Abbott India14 Nov 2018907,601.46,602.9684,81014 Feb 2019907,644.8687,340--2,529----
119 IndusInd Bank14 Nov 20183261,513.61,195.1493,91114 Feb 20193261,517.5494,210--300----
120 Tata Metaliks14 Nov 2018325687.7557.9223,71014 Feb 2019325597.6194,010--(29,700)----
121 Accelya Solutions India14 Feb 2019509935.4903.7476,59515 May 2019509903.5459,423--(17,172)----
122 Hindustan Construction Company14 Feb 2019363012.010.143,42215 May 2019363011.441,159--(2,263)----
123 SKF India14 Feb 20194011,966.01,916.9789,15418 Mar 20194011,915.5767,328--(21,826)----
124 Zee Entertainment Enterprises14 Feb 2019145433.5350.362,91308 May 2019145346.650,200--(12,713)----
125 AU Small Finance Bank15 May 2019537650.8575.3349,80214 Nov 2019537836.1448,51040398,708----
126 DCM Shriram15 May 2019113525.8431.359,47530 Jul 2019113427.348,234181(11,241)----
127 Endurance Technologies15 May 20192831,169.71,090.8331,35605 Jul 20192831,088.0307,591--(23,765)----
128 Huhtamaki PPL15 May 2019548254.4211.6139,52314 Aug 2019548223.7122,438--(17,086)----
129 Vinati Organics15 May 20192411,808.01,601.5436,16414 Aug 20192412,114.3509,0251,68772,861----
130 AU Small Finance Bank14 Aug 2019718695.2637.6499,61714 Nov 2019718836.1599,684--100,067----
131 Bharat Rasayan14 Aug 2019124,804.34,094.957,70914 Nov 2019126,599.179,1091821,400----
132 Indus Towers14 Aug 20191744248.9228.4434,42825 Oct 20191744226.1393,9736,366(40,456)----
133 Accelya Solutions India14 Nov 2019511,099.0872.956,10514 Feb 2020511,033.152,635510(3,470)----
134 Dhanuka Agritech14 Nov 20191776315.6283.8561,06614 Feb 20201776532.4944,508--383,442----
135 Swaraj Engines14 Nov 20195111,129.11,063.5577,54727 Nov 20195111,062.5542,415--(35,132)----
136 VST Industries14 Nov 2019674,560.53,766.7305,85612 Mar 2020673,759.0251,604--(54,251)----
137 Alkyl Amines Chemicals14 Feb 20201661,570.91,238.7261,03017 Mar 20201661,234.2204,6781,660(56,352)----
138 Castrol India14 Feb 20202288158.3134.4362,43809 Mar 20202288134.3306,871--(55,568)----
139 Hawkins Cookers14 Feb 2020185,399.34,058.797,28418 Mar 2020184,037.472,600--(24,684)----
140 IOL Chemicals and Pharmaceuticals14 Feb 2020524195.9175.7102,72820 Mar 2020524174.791,4401,572(11,288)----
141 VST Industries14 Feb 20201714,336.33,985.2742,24009 Mar 20201713,973.8678,846--(63,395)----
142 Aarti Drugs15 May 202068863.4635.258,76714 Aug 2020682,115.4143,703--84,937----
143 Bharat Electronics15 May 2020954867.857.9647,52414 Aug 20209548113.21,079,276--431,752----
144 Indian Energy Exchange15 May 20201619160.1116.8259,46114 Aug 20201619185.4299,862--40,401----
145 Ion Exchange India15 May 2020917702.4517.3644,74514 Aug 2020917685.6628,067--(16,678)----
146 IOL Chemicals and Pharmaceuticals14 Aug 2020108789.3438.385,32414 Nov 2020108681.273,491--(11,834)----
147 NIIT Limited14 Aug 202020254101.994.22,064,93314 Nov 202020254150.53,044,16740,508979,234----
148 Gujarat State Petronet14 Nov 20202765190.3173.6526,70615 Feb 20212765231.9640,562--113,857----
149 KNR Constructions14 Nov 20201809256.7120.3464,74403 Feb 20213618140.1506,288--41,544----
150 Shree Renuka Sugars14 Nov 202012051810.08.61,206,38515 Feb 20211205189.21,107,657--(98,728)----
151 VST Industries14 Nov 20202633,513.43,326.6924,93515 Feb 20212633,557.6934,713--9,778----
152 Black Box15 Feb 2021567916.7745.8520,26017 May 20215671,300.0736,335--216,074----
153 Deepak Nitrite15 Feb 20218741,178.8976.11,031,30217 May 20218741,718.71,500,598--469,296----
154 J.B.Chemicals n Pharmaceuticals15 Feb 20216241,243.51,037.8776,72017 May 20216241,376.2857,8905,30481,170----
155 Kalpataru Power Transmission15 Feb 20212423369.5308.9896,07317 May 20212423384.1929,74420,59633,671----
156 Motilal Oswal Financial Services17 May 20215549728.7646.24,047,32316 Aug 20215549799.04,428,94027,745381,618----
157 16 Aug 202110232,278.71,998.62,333,44115 Nov 202110232,170.72,218,3549,719------
158 16 Aug 2021892,278.91,707.3203,02515 Nov 2021892,466.2219,27289------
159 16 Aug 20214482358.6329.11,608,85317 Sep 20214482327.51,466,3788,964------
160 16 Aug 2021560563.1401.1315,62315 Nov 2021560718.0401,650448------
161 15 Nov 20212284,873.74,630.61,112,303--228--------4,598.11,048,355
162 15 Nov 202113271,787.21,715.22,373,920--1327--------1,696.02,250,592
163 15 Nov 20211581,774.81,642.4280,691--158--------1,729.9273,316
164 15 Nov 20214681,182.41,068.4553,917--468--------1,114.7521,656
Portfolio Totals167,9474,211,596 4,093,919

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