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 March 2011 onwards:

As seen above, the initial corpus of Rs.100,000 invested on 31 March 2011 has grown to Rs.5,474,276 as of 31 March 2021.

In other words, the icTracker has outperformed the Nifty 50 by 2017% during this period.

Generated Portfolio Stats
CAGR Alpha Beta Std Deviation Sharpe Ratio Treynor Ratio Modigliani Ratio
49.17%39.76%0.747789630.81%139.48%57.47%30.70%

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

icTracker gen.Nifty 50
Qtr EndTrade DatePortfolio valueIndex ValuePortfolio value
31 Mar 201116 May 2011100,0005,499.00100,000
30 Jun 201116 Aug 2011125,5975,035.8091,577
30 Sep 201114 Nov 2011134,3635,148.3593,623
31 Dec 201114 Feb 2012139,5175,416.0598,492
31 Mar 201215 May 2012155,2664,942.8089,885
30 Jun 201214 Aug 2012154,1655,380.3597,842
30 Sep 201215 Nov 2012184,2225,631.00102,400
31 Dec 201214 Feb 2013262,1585,896.95107,237
31 Mar 201315 May 2013258,3256,146.75111,779
30 Jun 201314 Aug 2013246,2595,742.30104,424
30 Sep 201314 Nov 2013309,4046,056.15110,132
31 Dec 201314 Feb 2014379,9096,048.35109,990
31 Mar 201415 May 2014497,9327,123.15129,535
30 Jun 201414 Aug 2014643,9707,791.70141,693
30 Sep 201414 Nov 2014818,8648,389.90152,571
31 Dec 201416 Feb 2015956,8808,809.35160,199
31 Mar 201515 May 2015885,5938,262.35150,252
30 Jun 201514 Aug 2015924,2698,518.55154,911
30 Sep 201516 Nov 2015839,2147,806.60141,964
31 Dec 201515 Feb 2016808,3877,162.95130,259
31 Mar 201616 May 2016881,0537,860.75142,949
30 Jun 201616 Aug 2016983,3388,642.55157,166
30 Sep 201615 Nov 2016973,7818,108.45147,453
31 Dec 201614 Feb 20171,090,7328,792.30159,889
31 Mar 201715 May 20171,430,9539,445.40171,766
30 Jun 201714 Aug 20171,648,3399,794.15178,108
30 Sep 201714 Nov 20172,123,47210,186.60185,245
31 Dec 201714 Feb 20182,244,67610,500.90190,960
31 Mar 201815 May 20182,121,82310,801.85196,433
30 Jun 201814 Aug 20182,087,07311,435.10207,949
30 Sep 201814 Nov 20181,891,90710,576.30192,331
31 Dec 201814 Feb 20191,855,59410,746.05195,418
31 Mar 201915 May 20191,782,60411,157.00202,891
30 Jun 201914 Aug 20191,845,86411,029.40200,571
30 Sep 201914 Nov 20192,065,46411,872.10215,896
31 Dec 201914 Feb 20202,511,67312,113.45220,285
31 Mar 202015 May 20202,176,5329,136.85166,155
30 Jun 202014 Aug 20202,905,93011,178.40203,281
30 Sep 202014 Nov 20204,267,90012,780.25232,410
31 Dec 202015 Feb 20214,357,69615,314.70278,500
31 Mar 202117 May 20215,474,27614,923.15271,379
CAGR49.17%10.49%

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 Ajanta Pharma16 May 201196274.6221.226,38816 Aug 201196303.429,0924802,705----
2 Bata India16 May 201148463.7356.622,28016 Aug 201148699.433,53519211,255----
3 Britannia Industries16 May 201180375.1342.030,03816 Aug 201180467.137,3315207,293----
4 Divis Laboratories16 May 20117707.9593.64,96016 Aug 20117737.45,15670196----
5 Supreme Petrochem16 May 201126261.448.816,09016 Aug 201126272.518,976--2,886----
6 Balmer Lawrie16 Aug 201139666.5590.126,01905 Oct 201139588.922,9431,014(3,076)----
7 Gujarat Mineral Development Corporation16 Aug 2011530164.0148.887,00714 Nov 2011530182.996,8141,5909,807----
8 Godfrey Phillips India16 Aug 201113,265.02,435.83,26814 Nov 201113,171.73,16935(100)----
9 Page Industries16 Aug 201112,641.01,995.72,64414 Nov 201112,600.52,598--(46)----
10 VIP Industries16 Aug 20116789.3133.64,74131 Oct 201130141.54,24142(500)----
11 Amara Raja Batteries14 Nov 201177213.3191.416,44114 Feb 201277287.122,085--5,644----
12 Balaji Amines14 Nov 201163536.933.923,42318 Nov 201163533.921,476--(1,947)----
13 Bliss GVS Phrma14 Nov 201121223.721.45,02930 Dec 201121221.44,52474(506)----
14 Dabur India14 Nov 2011817100.091.981,74114 Feb 2012817103.384,312--2,571----
15 Hero Motocorp14 Nov 201132,209.61,988.76,63512 Dec 201131,986.35,953--(682)----
16 Hindustan Unilever14 Feb 2012181391.9373.570,99615 May 2012181432.578,195--7,199----
17 South Indian Bank14 Feb 201224427.622.26,72911 May 201224422.15,394--(1,335)----
18 Triveni Turbine14 Feb 201298840.434.139,90615 May 201298842.441,800--1,894----
19 VST Industries14 Feb 2012151,265.91,080.419,00715 May 2012151,801.626,997--7,990----
20 Asian Paints15 May 2012153,768.13,333.456,57714 Aug 2012153,782.056,67345895----
21 Castrol India15 May 201283528.5485.243,90501 Jun 201283484.340,155--(3,751)----
22 Colgate Palmolive India15 May 2012151,225.91,117.418,40719 Jun 2012151,115.316,713--(1,694)----
23 Divis Laboratories15 May 201210897.4789.18,98214 Aug 2012101,141.511,4041202,421----
24 MindTree Limited15 May 201242614.6466.225,83714 Aug 201242644.127,023631,186----
25 Hindustan Unilever14 Aug 2012108495.9454.253,61115 Nov 2012108533.857,5931,3503,982----
26 Kaveri Seed Company14 Aug 201214802.1688.611,24015 Nov 2012141,258.117,596--6,356----
27 Supreme Industries14 Aug 2012175273.0231.947,82315 Nov 2012175289.550,6127882,789----
28 Vaibhav Global14 Aug 201244250.845.222,45415 Nov 201244285.037,532--15,079----
29 Whirlpool of India14 Aug 201275257.9215.319,35815 Nov 201275254.619,072--(286)----
30 Caplin Point Laboratories15 Nov 201230276.853.523,20214 Feb 201330280.824,362--1,160----
31 La Opala RG15 Nov 2012656180.1145.0118,23114 Feb 2013656297.2194,736--76,505----
32 Ratnamani Metals n Tubes15 Nov 2012213133.0113.928,35714 Feb 2013213134.228,545--188----
33 Union Bank of India15 Nov 201258230.3175.513,36814 Feb 201358232.213,451--83----
34 Britannia Industries14 Feb 201369493.1465.634,05815 May 201369570.639,329--5,271----
35 DB Corp14 Feb 2013448239.8215.5107,53815 May 2013448234.8105,063--(2,475)----
36 Emami Limited14 Feb 2013115619.2591.171,27301 Mar 2013115590.567,841--(3,432)----
37 Rhi Magnesita India14 Feb 2013126738.836.649,14509 Apr 2013126736.345,949--(3,197)----
38 Astra Microwave Products15 May 2013290439.838.5115,69517 Jun 2013290438.5111,570--(4,124)----
39 Century Plyboards15 May 2013143552.749.975,70011 Jun 2013143549.871,328--(4,372)----
40 City Union Bank15 May 201315455.651.88,57124 Jul 201315451.77,949154(622)----
41 Hawkins Cookers15 May 2013262,260.22,147.358,82313 Jun 2013262,145.355,721--(3,101)----
42 Bata India14 Aug 201331921.5829.328,59522 Aug 201331826.725,601--(2,995)----
43 Britannia Industries14 Aug 201336753.7692.027,15921 Aug 201336691.024,849--(2,309)----
44 MindTree Limited14 Aug 20131611,006.7817.3162,24114 Nov 20131611,391.4223,78380561,543----
45 Supreme Industries14 Aug 201331347.3316.710,77605 Sep 201331316.29,791171(984)----
46 VST Tillers14 Aug 201342409.0368.917,19314 Feb 201442799.433,539--16,346----
47 Ajanta Pharma14 Nov 201333976.5713.132,25514 Feb 201433947.431,233--(1,022)----
48 Alkyl Amines Chemicals14 Nov 2013161188.0141.130,29814 Feb 2014161224.836,157--5,858----
49 Bank of India14 Nov 201388223.2157.419,65714 Feb 201488173.715,270440(4,387)----
50 Dhanuka Agritech14 Nov 2013707155.6137.7110,08414 Feb 2014707189.7133,984--23,900----
51 VST Tillers14 Nov 2013162574.0468.193,08114 Feb 2014162799.4129,365--36,284----
52 Aurobindo Pharma14 Feb 201429490.3350.814,23315 May 201429615.017,817--3,584----
53 La Opala RG14 Feb 2014223646.2588.3144,23615 May 2014223897.1199,842--55,607----
54 Symphony Limited14 Feb 201499502.7429.549,81215 May 201499808.479,952--30,139----
55 VST Industries14 Feb 20141021,607.41,514.3164,11915 May 20141021,892.2192,811--28,693----
56 Alkyl Amines Chemicals15 May 2014244359.3275.387,74514 Aug 2014244624.0152,1041,95264,359----
57 Astra Microwave Products15 May 201442383.458.735,31314 Aug 2014423131.655,59046520,277----
58 Hero Motocorp15 May 2014602,440.82,172.5146,59514 Aug 2014602,510.6150,4825,7003,888----
59 Kajaria Ceramics15 May 2014454495.1318.1225,00014 Aug 2014454601.5272,8081,58947,808----
60 Bharat Rasayan14 Aug 2014149527.9394.078,73614 Nov 2014149890.2132,50714953,771----
61 Cummins India14 Aug 2014471668.0620.3314,94314 Nov 2014471849.0399,4792,35584,536----
62 Kaveri Seed Company14 Aug 2014200833.8673.1166,91714 Nov 2014200908.3181,47898014,562----
63 Marksans Pharma14 Aug 2014104043.631.145,33714 Nov 2014104060.162,44210417,104----
64 Wonderla Holidays14 Aug 2014133287.1219.638,21614 Nov 2014133296.239,3492001,133----
65 Britannia Industries14 Nov 20141251,624.31,398.5203,24116 Feb 20151252,034.2254,021--50,780----
66 CRISIL Limited14 Nov 20141031,954.61,724.2201,52016 Feb 20151032,126.0218,754--17,234----
67 IndusInd Bank14 Nov 2014458730.6606.8334,92716 Feb 2015458862.9394,813--59,887----
68 Ratnamani Metals n Tubes14 Nov 2014105603.7468.463,45216 Feb 2015105701.473,568--10,116----
69 Bajaj Auto16 Feb 2015972,261.92,055.7219,61913 Mar 2015972,049.1198,568--(21,051)----
70 HDFC Bank16 Feb 20152771,067.6936.8296,00715 May 2015277990.1273,983--(22,024)----
71 TVS Srichakra16 Feb 2015371,757.41,603.365,08926 Feb 2015371,596.859,023--(6,066)----
72 V-Mart Retail16 Feb 2015687547.4517.7376,44007 May 2015687516.2354,293--(22,147)----
73 AIA Engineering15 May 20151281,182.51,054.0151,51122 May 20151281,051.3134,435--(17,076)----
74 Bajaj Consumer Care15 May 2015389451.2418.2175,69212 Jun 2015389418.0162,432--(13,260)----
75 Divis Laboratories15 May 20151461,795.01,669.3262,33214 Aug 20151462,183.0318,3922,92056,060----
76 Redington India15 May 20152020118.6106.4239,71112 Jun 20152020106.1214,071--(25,639)----
77 TVS Srichakra15 May 2015321,782.01,295.757,08114 Aug 2015322,901.492,752--35,671----
78 Hero Motocorp14 Aug 20151112,712.52,525.9301,38324 Aug 20151112,515.3278,914--(22,469)----
79 IndusInd Bank14 Aug 2015212959.0842.3203,51101 Sep 2015212840.1177,932--(25,580)----
80 PI Industries14 Aug 201587698.5638.160,82624 Aug 201587635.955,268--(5,558)----
81 Supreme Industries14 Aug 2015556645.7592.6359,36825 Aug 2015556590.4327,920--(31,449)----
82 Eclerx Services16 Nov 2015581,821.51,232.5105,75317 Dec 2015771,271.397,796--(7,957)----
83 Indo Count Industries16 Nov 201588946.8851.383,40215 Feb 201688981.986,321--2,919----
84 NESCO Limited16 Nov 20151501,615.61,370.7242,58215 Feb 20161501,548.8232,088--(10,495)----
85 SJVN Limited16 Nov 2015653128.024.5183,05115 Feb 2016653128.3184,316--1,265----
86 Suprajit Engineering16 Nov 20151567143.9135.0225,71715 Jan 20161567133.6209,158--(16,559)----
87 TV Today Network15 Feb 20162632306.6262.5807,77816 May 20162632334.9880,444--72,666----
88 Accelya Solutions India16 May 20161171,124.4930.7131,68616 Aug 20161171,239.9144,917--13,231----
89 Ajanta Pharma16 May 2016911,592.61,373.1145,06716 Aug 2016911,955.1177,732--32,665----
90 Hawkins Cookers16 May 20161432,616.02,471.6374,46216 Aug 20161432,857.2408,1648,58033,702----
91 HDFC Bank16 May 20161971,162.81,025.1229,30116 Aug 20161971,227.3241,5361,87212,236----
92 Bharat Rasayan16 Aug 20161371,477.31,173.6202,58615 Nov 20161371,753.8240,02416437,438----
93 DB Corp16 Aug 20161049409.0373.9429,47011 Nov 20161049373.3391,188--(38,283)----
94 Gujarat Heavy Chemicals16 Aug 2016796246.2172.9196,13115 Nov 2016796217.9173,275--(22,856)----
95 Sudarshan Chemical Industries16 Aug 2016189330.2174.962,47015 Nov 2016189329.662,223--(248)----
96 Sundram Fasteners16 Aug 2016369252.7190.093,34015 Nov 2016369290.1106,94062713,600----
97 Alkem Laboratories15 Nov 20162341,648.71,519.6386,17014 Feb 20172341,874.3438,1361,40451,966----
98 Garware Technical Fibres15 Nov 20161060553.3506.2587,08514 Feb 20171060614.5650,666--63,581----
99 AIA Engineering14 Feb 20172031,413.61,274.8287,24815 May 20172031,509.6306,13281218,884----
100 Avanti Feeds14 Feb 2017381575.7489.0219,54214 Nov 20173812,702.61,028,6423,429809,100----
101 Indraprastha Gas14 Feb 20173651,023.6877.5373,98815 May 20173651,000.3364,726--(9,261)----
102 V-Mart Retail14 Feb 2017336625.9499.1210,51315 May 20173361,041.4349,561--139,048----
103 Avanti Feeds15 May 2017371,076.9801.639,88314 Nov 2017372,702.699,89433360,011----
104 Balrampur Chini Mills15 May 20171249165.4147.2206,79108 Jun 20171249146.9183,307--(23,484)----
105 Centrum Capital15 May 201743749.334.021,54414 Aug 201743759.325,888--4,344----
106 City Union Bank15 May 20171019181.8138.3185,44014 Aug 20171120156.1174,657336(10,782)----
107 NATCO Pharma15 May 2017607934.4789.8567,71810 Aug 2017607771.0467,518--(100,200)----
108 Avanti Feeds14 Aug 2017921,898.51,544.5174,83714 Nov 2017922,702.6248,386--73,549----
109 DCM Shriram14 Aug 2017135384.5346.851,95314 Nov 2017135578.978,067--26,114----
110 SpiceJet14 Aug 2017417122.5108.451,13414 Nov 2017417142.159,196--8,063----
111 TTK Prestige14 Aug 2017916,280.15,913.7572,06114 Nov 2017916,649.6604,504--32,443----
112 Dhanuka Agritech14 Nov 2017500659.4627.5330,03014 Feb 2018500675.3337,287--7,258----
113 Hawkins Cookers14 Nov 20174642,802.52,706.01,301,66014 Feb 20184642,891.61,340,338--38,677----
114 TVS Srichakra14 Nov 20171563,155.62,971.1492,76614 Feb 20181563,644.9568,036--75,270----
115 CRISIL Limited14 Feb 20189072,005.01,831.41,820,30803 May 20189071,827.91,656,22614,512(164,083)----
116 Gulf Oil Lubricants India14 Feb 2018821,052.5912.886,39123 Mar 201882910.974,615328(11,776)----
117 Tata Elxsi14 Feb 20181631,021.7887.0166,69615 May 20181631,144.3186,334--19,639----
118 VST Tillers14 Feb 2018642,668.22,284.3170,93215 May 2018642,963.3189,458--18,526----
119 Dilip Buildcon15 May 20182351,204.3998.5283,29430 May 2018235982.5230,648--(52,645)----
120 HEG Limited15 May 2018283,277.82,698.291,87014 Aug 2018284,187.0117,1191,40025,249----
121 Minda Industries15 May 20184801,082.4334.1520,07211 Jul 20181440351.0504,9582,304(15,114)----
122 Suven Life Sciences15 May 20181328190.0171.9252,50614 Aug 20181328236.8314,090--61,584----
123 UPL Limited15 May 20181327733.3693.6974,06221 May 20181327691.4916,536--(57,526)----
124 Bandhan Bank14 Aug 2018137698.9520.795,84501 Oct 2018137507.069,386--(26,459)----
125 Graphite India14 Aug 20181351,100.6833.5148,72327 Sep 2018135828.2111,701--(37,021)----
126 Kaveri Seed Company14 Aug 2018284622.0541.9176,81003 Oct 2018284536.0152,082--(24,728)----
127 Oracle Financial Services Software14 Aug 20184094,017.93,764.91,644,96422 Oct 20184093,764.21,538,006--(106,958)----
128 Abbott India14 Nov 20181217,601.46,602.9920,68914 Feb 20191217,644.8924,090--3,401----
129 IndusInd Bank14 Nov 20184411,513.61,195.1668,14314 Feb 20194411,517.5668,548--405----
130 Tata Metaliks14 Nov 2018439687.7557.9302,18014 Feb 2019439597.6262,062--(40,118)----
131 Accelya Solutions India14 Feb 2019689935.4903.7645,13515 May 2019689903.5621,890--(23,245)----
132 Hindustan Construction Company14 Feb 2019490912.010.158,72115 May 2019490911.455,661--(3,060)----
133 SKF India14 Feb 20195421,966.01,916.91,066,63818 Mar 20195421,915.51,037,137--(29,501)----
134 Zee Entertainment Enterprises14 Feb 2019196433.5350.385,04108 May 2019196346.667,856--(17,185)----
135 AU Small Finance Bank15 May 2019727650.8575.3473,56814 Nov 2019727836.1607,201545133,632----
136 DCM Shriram15 May 2019153525.8431.380,52830 Jul 2019153427.365,308245(15,220)----
137 Endurance Technologies15 May 20193831,169.71,090.8448,44305 Jul 20193831,088.0416,280--(32,163)----
138 Huhtamaki PPL15 May 2019741254.4211.6188,66214 Aug 2019741223.7165,559--(23,103)----
139 Vinati Organics15 May 20193271,808.01,601.5591,80714 Aug 20193272,114.3690,6682,28998,861----
140 AU Small Finance Bank14 Aug 2019971695.2637.6675,66614 Nov 2019971836.1810,993--135,327----
141 Bharat Rasayan14 Aug 2019164,804.34,094.976,94614 Nov 2019166,599.1105,4792428,534----
142 Indus Towers14 Aug 20192359248.9228.4587,62425 Oct 20192359226.1532,9038,610(54,722)----
143 Accelya Solutions India14 Nov 2019701,099.0872.977,00714 Feb 2020701,033.172,245700(4,762)----
144 Dhanuka Agritech14 Nov 20192402315.6283.8758,82914 Feb 20202402532.41,277,426--518,597----
145 Swaraj Engines14 Nov 20196911,129.11,063.5780,98827 Nov 20196911,062.5733,481--(47,507)----
146 VST Industries14 Nov 2019914,560.53,766.7415,41612 Mar 2020913,759.0341,731--(73,685)----
147 Alkyl Amines Chemicals14 Feb 20202251,570.91,238.7353,80617 Mar 20202251,234.2277,4252,250(76,381)----
148 Castrol India14 Feb 20203092158.3134.4489,79809 Mar 20203092134.3414,704--(75,094)----
149 Hawkins Cookers14 Feb 2020255,399.34,058.7135,11618 Mar 2020254,037.4100,833--(34,283)----
150 IOL Chemicals and Pharmaceuticals14 Feb 2020708195.9175.7138,80120 Mar 2020708174.7123,5482,124(15,252)----
151 VST Industries14 Feb 20202314,336.33,985.21,002,67609 Mar 20202313,973.8917,037--(85,638)----
152 Aarti Drugs15 May 202091863.4635.278,64314 Aug 2020912,115.4192,309--113,666----
153 Bharat Electronics15 May 20201290767.857.9875,32414 Aug 202012907113.21,458,967--583,643----
154 Indian Energy Exchange15 May 20202189160.1116.8350,80914 Aug 20202189185.4405,435--54,625----
155 Ion Exchange India15 May 20201239702.4517.3871,14414 Aug 20201239685.6848,609--(22,535)----
156 IOL Chemicals and Pharmaceuticals14 Aug 2020146789.3438.3115,34614 Nov 2020146681.299,348--(15,997)----
157 NIIT Limited14 Aug 202027369101.994.22,790,32014 Nov 202027369150.54,113,54954,7381,323,228----
158 Gujarat State Petronet14 Nov 20203737190.3173.6711,86215 Feb 20213737231.9865,744--153,881----
159 KNR Constructions14 Nov 20202444256.7120.3627,88003 Feb 20214888140.1684,007--56,127----
160 Shree Renuka Sugars14 Nov 202016285410.08.61,630,16915 Feb 20211628549.21,496,759--(133,410)----
161 VST Industries14 Nov 20203553,513.43,326.61,248,48715 Feb 20213553,557.61,261,685--13,199----
162 15 Feb 2021767916.7745.8703,77417 May 20217671,300.0996,065--------
163 15 Feb 202111811,178.8976.11,393,55517 May 202111811,718.72,027,696--------
164 15 Feb 20218431,243.51,037.81,049,31917 May 20218431,376.21,158,9767,166------
165 15 Feb 20213274369.5308.91,210,78917 May 20213274384.11,256,28627,829------
166 17 May 20212697282.2229.3761,720--2697--------304.6821,506
167 17 May 20212133728.7646.21,555,765--2133--------1,098.72,343,527
168 17 May 20212763186.6146.1516,091--2763--------174.9483,111
169 17 May 202116091,589.61,403.22,560,224--1609--------1,770.52,848,735
Portfolio Totals167,4014,125,291 6,496,879

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