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 December 2012 onwards:

As seen above, the initial corpus of Rs.100,000 invested on 31 December 2012 has grown to Rs.1,995,154 as of 31 December 2022.

In other words, the icTracker has outperformed the Nifty 50 by 656% during this period.

Generated Portfolio Stats
CAGR Alpha Beta Std Deviation Sharpe Ratio Treynor Ratio Modigliani Ratio
34.87%25.43%0.477917331.91%86.30%57.63%22.72%

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

icTracker gen.Nifty 50
Qtr EndTrade DatePortfolio valueIndex ValuePortfolio value
31 Dec 201214 Feb 2013100,0005,896.95100,000
31 Mar 201315 May 2013103,9656,146.75104,236
30 Jun 201314 Aug 201398,5075,742.3097,377
30 Sep 201314 Nov 2013102,4426,056.15102,700
31 Dec 201314 Feb 2014140,7786,048.35102,567
31 Mar 201415 May 2014149,8657,123.15120,794
30 Jun 201414 Aug 2014195,1677,791.70132,131
30 Sep 201414 Nov 2014201,9388,389.90142,275
31 Dec 201416 Feb 2015238,8308,809.35149,388
31 Mar 201515 May 2015220,2108,262.35140,112
30 Jun 201514 Aug 2015240,4258,518.55144,457
30 Sep 201516 Nov 2015218,0797,806.60132,384
31 Dec 201515 Feb 2016212,1527,162.95121,469
31 Mar 201616 May 2016236,7367,860.75133,302
30 Jun 201616 Aug 2016261,3778,642.55146,560
30 Sep 201615 Nov 2016257,8788,108.45137,502
31 Dec 201614 Feb 2017289,3918,792.30149,099
31 Mar 201715 May 2017376,9219,445.40160,174
30 Jun 201714 Aug 2017487,1539,794.15166,088
30 Sep 201714 Nov 2017655,86910,186.60172,744
31 Dec 201714 Feb 2018692,02210,500.90178,073
31 Mar 201815 May 2018643,21310,801.85183,177
30 Jun 201814 Aug 2018631,63711,435.10193,916
30 Sep 201814 Nov 2018606,75210,576.30179,352
31 Dec 201814 Feb 2019599,65810,746.05182,231
31 Mar 201915 May 2019570,47011,157.00189,200
30 Jun 201914 Aug 2019565,69311,029.40187,036
30 Sep 201914 Nov 2019656,89211,872.10201,326
31 Dec 201914 Feb 2020860,13212,113.45205,419
31 Mar 202015 May 2020749,8559,136.85154,942
30 Jun 202014 Aug 20201,085,19711,178.40189,562
30 Sep 202014 Nov 20201,569,04212,780.25216,727
31 Dec 202015 Feb 20211,695,70415,314.70259,705
31 Mar 202117 May 20211,797,98914,923.15253,066
30 Jun 202116 Aug 20212,300,69216,563.05280,875
30 Sep 202115 Nov 20212,110,55418,109.45307,099
31 Dec 202114 Feb 20221,985,97416,842.80285,619
31 Mar 202216 May 20221,883,46015,842.30268,652
30 Jun 202216 Aug 20222,095,98217,825.25302,279
30 Sep 202214 Nov 20222,152,96918,329.15310,824
31 Dec 202214 Feb 20231,995,15417,929.85304,053
CAGR34.87%11.76%

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 Britannia Industries14 Feb 201369493.1465.634,05815 May 201369570.639,329--5,271----
2 DB Corp14 Feb 201381239.8215.519,44315 May 201381234.818,996--(447)----
3 Emami Limited14 Feb 201337619.2591.122,93101 Mar 201337590.521,827--(1,104)----
4 Rhi Magnesita India14 Feb 201338738.836.615,01109 Apr 201338736.314,035--(976)----
5 Pidilite Industries14 Feb 201333255.0223.18,42215 May 201333292.69,644--1,223----
6 Astra Microwave Products15 May 201354539.838.521,71317 Jun 201354538.520,939--(774)----
7 Century Plyboards15 May 201375452.749.939,77611 Jun 201375449.837,479--(2,297)----
8 City Union Bank15 May 201319655.651.810,90924 Jul 201319651.710,117196(792)----
9 Hawkins Cookers15 May 2013122,260.22,147.327,14913 Jun 2013122,145.325,717--(1,431)----
10 Union Bank of India15 May 201314243.6218.73,41305 Jun 201314218.33,053--(360)----
11 Bata India14 Aug 201315921.5829.313,83622 Aug 201315826.712,387--(1,449)----
12 Britannia Industries14 Aug 201322753.7692.016,59721 Aug 201322691.015,186--(1,411)----
13 Page Industries14 Aug 201354,378.83,922.721,91614 Nov 201354,957.124,760--2,845----
14 Supreme Industries14 Aug 201387347.3316.730,24105 Sep 201387316.227,479479(2,762)----
15 VST Tillers14 Aug 201338409.0368.915,55614 Nov 201338574.021,790--6,235----
16 Ajanta Pharma14 Nov 20134976.5713.13,91014 Feb 20144947.43,786--(124)----
17 Bank of India14 Nov 201326223.2157.45,80814 Feb 201426173.74,512130(1,296)----
18 Dhanuka Agritech14 Nov 2013239155.6137.737,21414 Feb 2014239189.745,293--8,079----
19 Paushak Limited14 Nov 201332184.872.327,23214 Feb 2014321147.847,396--20,164----
20 R Systems International14 Nov 201382351.030.428,81126 Feb 201482036.930,200--1,389----
21 Aurobindo Pharma14 Feb 201416490.3350.87,85315 May 201416615.09,830--1,978----
22 Caplin Point Laboratories14 Feb 201427124.361.83,35915 May 201427173.54,680--1,320----
23 La Opala RG14 Feb 201429646.2588.318,75715 May 201429897.125,988--7,231----
24 R Systems International14 Feb 201426490.238.212,75726 Feb 201426043.011,180--(1,577)----
25 VST Industries14 Feb 2014361,607.41,514.357,92415 May 2014361,892.268,051--10,127----
26 Alkyl Amines Chemicals15 May 201458359.3275.320,85714 Aug 201458624.036,15646415,298----
27 Astra Microwave Products15 May 201419983.458.716,61314 Aug 2014199131.626,1522199,539----
28 Hero Motocorp15 May 2014222,440.82,172.553,75114 Aug 2014222,510.655,1772,0901,426----
29 Kajaria Ceramics15 May 2014103495.1318.151,04614 Aug 2014103601.561,89336110,846----
30 Kitex Garments15 May 201441163.2109.06,69814 Aug 201441287.111,757--5,059----
31 Wonderla Holidays14 Aug 2014676287.1219.6194,24014 Nov 2014676296.2199,9971,0145,757----
32 Bharat Rasayan14 Nov 20145890.2691.14,45516 Feb 201551,144.35,716--1,260----
33 Britannia Industries14 Nov 2014431,624.31,398.569,91516 Feb 2015432,034.287,383--17,468----
34 CRISIL Limited14 Nov 2014231,954.61,724.245,00016 Feb 2015232,126.048,848--3,848----
35 IndusInd Bank14 Nov 201494730.6606.868,74016 Feb 201594862.981,031--12,291----
36 Ratnamani Metals n Tubes14 Nov 201421603.7468.412,69016 Feb 201521701.414,714--2,023----
37 Ajanta Pharma16 Feb 201542,782.8986.411,14220 Mar 2015101,015.310,143--(999)----
38 Bajaj Auto16 Feb 2015212,261.92,055.747,54613 Mar 2015212,049.142,989--(4,557)----
39 HDFC Bank16 Feb 20151571,067.6936.8167,77315 May 2015157990.1155,290--(12,483)----
40 V-Mart Retail16 Feb 201518547.4517.79,86307 May 201518516.29,283--(580)----
41 AIA Engineering15 May 2015241,182.51,054.028,40822 May 2015241,051.325,207--(3,202)----
42 Bajaj Consumer Care15 May 2015110451.2418.249,68212 Jun 2015110418.045,932--(3,750)----
43 Divis Laboratories15 May 2015581,795.01,669.3104,21414 Aug 2015582,183.0126,4851,16022,270----
44 Redington India15 May 2015234118.6106.427,76812 Jun 2015234106.124,798--(2,970)----
45 TVS Srichakra15 May 201561,782.01,295.710,70316 Nov 201562,699.316,1792035,477----
46 Hero Motocorp14 Aug 2015222,712.52,525.959,73424 Aug 2015222,515.355,280--(4,453)----
47 IndusInd Bank14 Aug 201573959.0842.370,07701 Sep 201573840.161,269--(8,808)----
48 PI Industries14 Aug 201525698.5638.117,47924 Aug 201525635.915,882--(1,597)----
49 Supreme Industries14 Aug 2015105645.7592.667,86625 Aug 2015105590.461,927--(5,939)----
50 TVS Srichakra14 Aug 201532,901.41,957.88,71316 Nov 201532,699.38,090101(623)----
51 Eclerx Services16 Nov 2015211,821.51,232.538,29017 Dec 2015271,271.334,292--(3,998)----
52 Indo Count Industries16 Nov 201518946.8851.317,05915 Feb 201618981.917,657--597----
53 NESCO Limited16 Nov 2015451,615.61,370.772,77515 Feb 2016451,548.869,626--(3,148)----
54 SJVN Limited16 Nov 2015321028.024.589,97015 Feb 2016321028.390,592--622----
55 Dabur India15 Feb 2016424248.9220.3105,63916 May 2016424285.0120,698--15,059----
56 TV Today Network15 Feb 2016345306.6262.5105,88316 May 2016345334.9115,408--9,525----
57 Accelya Solutions India16 May 2016341,124.4930.738,26816 Aug 2016341,239.942,113--3,845----
58 Ajanta Pharma16 May 2016231,592.61,373.136,66516 Aug 2016231,955.144,921--8,256----
59 Hawkins Cookers16 May 2016162,616.02,471.641,89816 Aug 2016162,857.245,6699603,771----
60 HDFC Bank16 May 2016951,162.81,025.1110,57716 Aug 2016951,227.3116,4779035,900----
61 Supreme Industries16 May 201611865.2779.29,52716 Aug 201611958.610,534--1,007----
62 Bharat Rasayan16 Aug 2016391,477.31,173.657,67015 Nov 2016391,753.868,3284710,657----
63 DB Corp16 Aug 2016319409.0373.9130,60211 Nov 2016319373.3118,960--(11,642)----
64 Gujarat Heavy Chemicals16 Aug 2016208246.2172.951,25015 Nov 2016208217.945,278--(5,973)----
65 Rajratan Global Wire16 Aug 201619448.5260.78,53015 Nov 201619631.911,994--3,464----
66 Sudarshan Chemical Industries16 Aug 201641330.2174.913,55215 Nov 201641329.613,498--(54)----
67 Alkem Laboratories15 Nov 2016741,648.71,519.6122,12214 Feb 2017741,874.3138,55644416,434----
68 Garware Technical Fibres15 Nov 2016244553.3506.2135,14014 Feb 2017244614.5149,776--14,636----
69 AIA Engineering14 Feb 2017411,413.61,274.858,01615 May 2017411,509.661,8301643,814----
70 Avanti Feeds14 Feb 201794575.7489.054,16514 Nov 2017942,702.6253,786846199,621----
71 Indraprastha Gas14 Feb 2017991,023.6877.5101,43815 May 2017991,000.398,926--(2,512)----
72 NATCO Pharma14 Feb 201731776.0640.524,08014 Aug 201731738.522,869186(1,211)----
73 V-Mart Retail14 Feb 201782625.9499.151,37515 May 2017821,041.485,309--33,934----
74 Avanti Feeds15 May 2017461,076.9801.649,58514 Nov 2017462,702.6124,19341474,608----
75 Centrum Capital15 May 201754449.334.026,81914 Aug 201754459.332,227--5,408----
76 City Union Bank15 May 2017215181.8138.339,12614 Aug 2017236156.136,80371(2,323)----
77 NATCO Pharma15 May 2017102934.4789.895,39910 Aug 2017102771.078,562--(16,837)----
78 Sharda Motor Industries15 May 2017191,887.11,463.135,89114 Aug 2017192,616.349,659--13,768----
79 Avanti Feeds14 Aug 201741,898.51,544.57,60214 Nov 201742,702.610,799--3,198----
80 DCM Shriram14 Aug 2017177384.5346.868,11614 Nov 2017177578.9102,354--34,238----
81 SpiceJet14 Aug 2017137122.5108.416,79914 Nov 2017137142.119,448--2,649----
82 TTK Prestige14 Aug 2017186,280.15,913.7113,15514 Nov 2017186,649.6119,572--6,417----
83 VIP Industries14 Aug 201783195.5180.216,23914 Nov 201783316.826,264--10,025----
84 Dhanuka Agritech14 Nov 2017136659.4627.589,76814 Feb 2018136675.391,742--1,974----
85 Gulf Oil Lubricants India14 Nov 201735982.7797.934,42715 May 201835895.631,315140(3,112)----
86 Hawkins Cookers14 Nov 20171382,802.52,706.0387,13214 Feb 20181382,891.6398,635--11,503----
87 TVS Srichakra14 Nov 2017423,155.62,971.1132,66814 Feb 2018423,644.9152,933--20,265----
88 CRISIL Limited14 Feb 20182692,005.01,831.4539,87103 May 20182691,827.9491,2074,304(48,664)----
89 Gulf Oil Lubricants India14 Feb 2018411,052.5912.843,19623 Mar 201841910.937,308164(5,888)----
90 VST Tillers14 Feb 2018232,668.22,284.361,42915 May 2018232,963.368,087--6,658----
91 Dilip Buildcon15 May 2018421,204.3998.550,63130 May 201842982.541,222--(9,409)----
92 UNO Minda Limited15 May 2018671,082.4334.172,59311 Jul 2018201351.070,484322(2,110)----
93 Suven Life Sciences15 May 2018520190.0171.998,87314 Aug 2018520236.8122,987--24,114----
94 UPL Limited15 May 2018565733.3693.6414,72921 May 2018565691.4390,236--(24,493)----
95 Graphite India14 Aug 2018601,100.6833.566,09927 Sep 201860828.249,645--(16,454)----
96 Kama Holdings14 Aug 2018274,381.13,877.1118,40814 Nov 2018275,338.4143,99340525,585----
97 Kaveri Seed Company14 Aug 2018122622.0541.975,95403 Oct 2018122536.065,331--(10,623)----
98 Oracle Financial Services Software14 Aug 2018914,017.93,764.9365,99522 Oct 2018913,764.2342,197--(23,798)----
99 Abbott India14 Nov 2018217,601.46,602.9159,78914 Feb 2019217,644.8160,379--590----
100 Alkyl Amines Chemicals14 Nov 201837800.6625.829,65014 Feb 201937721.826,680--(2,970)----
101 Automotive Axles14 Nov 2018421,251.5995.052,61314 Feb 2019421,144.948,036--(4,578)----
102 IndusInd Bank14 Nov 20182201,513.61,195.1333,31414 Feb 20192201,517.5333,516--202----
103 Sonata Software14 Nov 2018102335.3263.734,23014 Feb 2019102332.633,891--(338)----
104 Accelya Solutions India14 Feb 2019232935.4903.7217,23015 May 2019232903.5209,403--(7,827)----
105 Hindustan Construction Company14 Feb 2019100912.010.112,07015 May 2019100911.411,441--(629)----
106 SKF India14 Feb 20191571,966.01,916.9308,97118 Mar 20191571,915.5300,425--(8,545)----
107 Zee Entertainment Enterprises14 Feb 2019139433.5350.360,31008 May 2019139346.648,123--(12,187)----
108 AU Small Finance Bank15 May 2019269650.8575.3175,22714 Feb 20202691,146.1307,979202132,752----
109 DCM Shriram15 May 201960525.8431.331,58030 Jul 201960427.325,61196(5,969)----
110 Endurance Technologies15 May 20191371,169.71,090.8160,40905 Jul 20191371,088.0148,905--(11,505)----
111 Huhtamaki PPL15 May 2019456254.4211.6116,10014 Aug 2019456223.7101,882--(14,217)----
112 Vinati Organics15 May 2019481,808.01,601.586,87114 Aug 2019482,114.3101,38333614,512----
113 AU Small Finance Bank14 Aug 2019266695.2637.6185,09514 Feb 20202661,146.1304,545--119,450----
114 Bharat Rasayan14 Aug 201954,804.34,094.924,04614 Nov 201956,599.132,96288,917----
115 GMM Pfaudler14 Aug 2019411,324.01,172.254,33814 Nov 2019411,641.667,2364112,898----
116 Indus Towers14 Aug 2019388248.9228.496,65025 Oct 2019388226.187,6501,416(9,000)----
117 Kaveri Seed Company14 Aug 201935479.8405.716,80814 Nov 201935527.018,4271051,619----
118 Accelya Solutions India14 Nov 2019161,099.0872.917,60214 Feb 2020161,033.116,513160(1,089)----
119 AU Small Finance Bank14 Nov 201914836.1672.811,71614 Feb 2020141,146.116,029--4,312----
120 Dhanuka Agritech14 Nov 2019191315.6283.860,34014 Feb 2020191532.4101,577--41,237----
121 Swaraj Engines14 Nov 2019531,129.11,063.559,90227 Nov 2019531,062.556,258--(3,644)----
122 VST Industries14 Nov 2019134,560.53,766.759,34512 Mar 2020133,759.048,819--(10,526)----
123 Alkyl Amines Chemicals14 Feb 2020521,570.91,238.781,76817 Mar 2020521,234.264,116520(17,653)----
124 Castrol India14 Feb 20201346158.3134.4213,21809 Mar 20201346134.3180,528--(32,690)----
125 Hawkins Cookers14 Feb 202095,399.34,058.748,64218 Mar 202094,037.436,300--(12,342)----
126 IOL Chemicals and Pharmaceuticals14 Feb 2020548195.9175.7107,43320 Mar 2020548174.795,6281,644(11,805)----
127 VST Industries14 Feb 2020824,336.33,985.2355,92809 Mar 2020823,973.8325,528--(30,400)----
128 Aarti Drugs15 May 202090863.4635.277,77914 Aug 2020902,115.4190,196--112,416----
129 Bharat Electronics15 May 2020412967.857.9280,02014 Aug 20204129113.2466,729--186,710----
130 Indian Energy Exchange15 May 2020534160.1116.885,57914 Aug 2020534185.498,905--13,326----
131 Ion Exchange India15 May 2020313702.4517.3220,07114 Aug 2020313685.6214,378--(5,693)----
132 Tata Elxsi15 May 2020111777.9504.786,42814 Aug 20201111,020.7113,1791,83226,751----
133 IOL Chemicals and Pharmaceuticals14 Aug 2020104789.3438.382,16415 Feb 2021104659.468,509416(13,655)----
134 NIIT Limited14 Aug 20209835101.994.21,002,69714 Nov 20209835150.51,478,19619,670475,500----
135 Gujarat State Petronet14 Nov 20202801190.3173.6533,56315 Feb 20212801231.9648,902--115,339----
136 IOL Chemicals and Pharmaceuticals14 Nov 2020155681.2585.2105,68415 Feb 2021155659.4102,105620(3,579)----
137 KNR Constructions14 Nov 2020822256.7120.3211,17703 Feb 20211644140.1230,055--18,877----
138 Shree Renuka Sugars14 Nov 20201030610.08.6103,16315 Feb 2021103069.294,720--(8,443)----
139 VST Industries14 Nov 20201553,513.43,326.6545,11415 Feb 20211553,557.6550,877--5,763----
140 Kalpataru Power Transmission15 Feb 20214567369.5308.91,688,96617 May 20214567384.11,752,43138,82063,465----
141 Dwarikesh Sugar Industries17 May 20213238055.337.31,790,78416 Aug 20213238069.72,253,01240,475462,228----
142 Gujarat State Petronet16 Aug 20216383358.6329.12,291,23317 Sep 20216383327.52,088,32912,766(202,904)----
143 Chambal Fertilisers and Chemicals15 Nov 20211032356.0286.9367,75914 Feb 20221032373.2384,7064,64416,946----
144 Eclerx Services15 Nov 2021762,466.22,247.4187,61929 Nov 2021762,229.6169,277--(18,342)----
145 Swaraj Engines15 Nov 20216681,774.81,642.41,186,71929 Nov 20216681,642.11,095,855--(90,863)----
146 Thyrocare Technologies15 Nov 20213101,182.41,068.4366,91108 Dec 20213101,065.4329,946--(36,965)----
147 Maithan Alloys14 Feb 2022971,136.01,012.0110,30224 Feb 2022971,007.297,596--(12,706)----
148 Rhi Magnesita India14 Feb 2022573494.0395.8283,34516 May 2022573561.6321,446--38,101----
149 Patanjali Foods14 Feb 20221910832.8769.51,592,23924 Feb 20221910767.41,464,329--(127,909)----
150 AU Small Finance Bank16 May 2022641,306.2538.583,68009 Jun 2022128553.570,775--(12,906)----
151 Bharat Dynamics16 May 202282689.0399.056,55516 Aug 202282852.269,811--13,256----
152 Castrol India16 May 202213218105.3100.31,393,24716 Aug 202213218115.21,520,53179,308127,283----
153 Ion Exchange India16 May 20221731,733.51,593.5300,19516 Aug 20221731,794.7310,173--9,977----
154 Share India Securities16 May 2022391,275.7982.249,80216 Aug 2022391,163.445,32778(4,475)----
155 Apar Industries16 Aug 20222911,240.2862.9361,24514 Nov 20222911,490.0433,156--71,912----
156 AU Small Finance Bank16 Aug 20221404639.9315.8899,24814 Nov 20221404636.2892,262--(6,986)----
157 Aditya Vision16 Aug 20221911,204.0833.1230,19414 Nov 20221911,300.2248,0901,14617,896----
158 Deepak Fertilisers n Petrochemicals16 Aug 2022112908.0677.5101,79814 Nov 2022112856.695,8381,008(5,960)----
159 Gujarat Heavy Chemicals16 Aug 2022811619.5552.7502,87614 Nov 2022811593.5480,847--(22,029)----
160 14 Nov 2022851,551.51,182.1132,00514 Feb 2023851,179.3100,1442,975------
161 14 Nov 20221466,451.95,910.3942,91914 Feb 20231466,018.6877,830--------
162 14 Nov 20221151763.4699.4879,552--1151--------749.1862,214
163 14 Nov 2022249784.4713.9195,51123 Dec 2022249710.8176,807--------
164 14 Feb 2023332,799.52,515.292,474--33--------2,650.787,471
165 14 Feb 2023744386.5344.3287,806--744--------376.7280,265
166 14 Feb 2023592725.0692.7429,600--592--------749.1443,467
167 14 Feb 2023866386.6352.8335,130--866--------347.2300,632
Portfolio Totals224,0731,831,872 1,974,049

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