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 2010 onwards:

As seen above, the initial corpus of Rs.100,000 invested on 31 December 2010 has grown to Rs.6,362,826 as of 31 December 2020.

In other words, the icTracker has outperformed the Nifty 50 by 2267% during this period.

Generated Portfolio Stats
CAGR Alpha Beta Std Deviation Sharpe Ratio Treynor Ratio Modigliani Ratio
51.43%43.28%0.450328634.57%131.66%101.08%28.94%

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

icTracker gen.Nifty 50
Qtr EndTrade DatePortfolio valueIndex ValuePortfolio value
31 Dec 201014 Feb 2011100,0005,456.00100,000
31 Mar 201116 May 2011121,1475,499.00100,788
30 Jun 201116 Aug 2011168,1845,035.8092,298
30 Sep 201114 Nov 2011179,8185,148.3594,361
31 Dec 201114 Feb 2012186,4885,416.0599,268
31 Mar 201215 May 2012207,5174,942.8090,594
30 Jun 201214 Aug 2012205,8365,380.3598,613
30 Sep 201215 Nov 2012245,6425,631.00103,208
31 Dec 201214 Feb 2013349,5975,896.95108,082
31 Mar 201315 May 2013344,4936,146.75112,660
30 Jun 201314 Aug 2013328,4815,742.30105,247
30 Sep 201314 Nov 2013412,7806,056.15111,000
31 Dec 201314 Feb 2014506,8256,048.35110,857
31 Mar 201415 May 2014664,3977,123.15130,556
30 Jun 201414 Aug 2014859,1457,791.70142,810
30 Sep 201414 Nov 20141,092,4858,389.90153,774
31 Dec 201416 Feb 20151,276,7988,809.35161,462
31 Mar 201515 May 20151,181,7898,262.35151,436
30 Jun 201514 Aug 20151,232,6728,518.55156,132
30 Sep 201516 Nov 20151,119,3087,806.60143,083
31 Dec 201515 Feb 20161,077,9507,162.95131,286
31 Mar 201616 May 20161,174,8287,860.75144,075
30 Jun 201616 Aug 20161,311,2108,642.55158,405
30 Sep 201615 Nov 20161,298,2838,108.45148,615
31 Dec 201614 Feb 20171,454,2588,792.30161,149
31 Mar 201715 May 20171,907,8379,445.40173,120
30 Jun 201714 Aug 20172,197,5079,794.15179,512
30 Sep 201714 Nov 20172,830,64910,186.60186,705
31 Dec 201714 Feb 20182,992,18910,500.90192,465
31 Mar 201815 May 20182,828,33010,801.85197,981
30 Jun 201814 Aug 20182,781,54211,435.10209,588
30 Sep 201814 Nov 20182,521,40010,576.30193,847
31 Dec 201814 Feb 20192,473,00410,746.05196,958
31 Mar 201915 May 20192,375,68611,157.00204,491
30 Jun 201914 Aug 20192,459,68011,029.40202,152
30 Sep 201914 Nov 20192,751,65211,872.10217,597
31 Dec 201914 Feb 20203,346,14112,113.45222,021
31 Mar 202015 May 20202,900,3069,136.85167,464
30 Jun 202014 Aug 20204,605,99011,178.40204,883
30 Sep 202014 Nov 20206,764,70412,780.25234,242
31 Dec 202015 Feb 20216,362,82615,314.70280,695
CAGR51.43%10.86%

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 Bata India14 Feb 2011134340.5295.645,67316 Aug 2011134699.493,61953647,947----
2 South Indian Bank14 Feb 2011126320.215.825,53816 May 2011126323.529,588--4,050----
3 UCO Bank14 Feb 2011191104.087.619,88416 May 201119197.618,623--(1,261)----
4 VIP Industries14 Feb 201116551.6461.28,83416 May 201116671.210,728--1,895----
5 Ajanta Pharma16 May 201157274.6221.215,66816 Aug 201157303.417,2742851,606----
6 Bata India16 May 201128463.7356.612,99716 Aug 201128699.419,5621126,566----
7 Britannia Industries16 May 201147375.1342.017,64716 Aug 201147467.121,9323064,284----
8 Divis Laboratories16 May 20114707.9593.62,83416 Aug 20114737.42,94640112----
9 Supreme Petrochem16 May 201115561.448.89,51916 Aug 201115572.511,226--1,708----
10 Balmer Lawrie16 Aug 201153666.5590.135,36005 Oct 201153588.931,1791,378(4,181)----
11 Gujarat Mineral Development Corporation16 Aug 2011710164.0148.8116,55614 Nov 2011710182.9129,6942,13013,137----
12 Godfrey Phillips India16 Aug 201123,265.02,435.86,53614 Nov 201123,171.76,33770(199)----
13 Page Industries16 Aug 201122,641.01,995.75,28714 Nov 201122,600.55,196--(91)----
14 VIP Industries16 Aug 20118789.3133.66,32131 Oct 201140141.55,65556(666)----
15 Amara Raja Batteries14 Nov 2011103213.3191.421,99214 Feb 2012103287.129,542--7,550----
16 Balaji Amines14 Nov 201185036.933.931,35418 Nov 201185033.928,747--(2,607)----
17 Bliss GVS Phrma14 Nov 201128423.721.46,73830 Dec 201128421.46,06099(677)----
18 Dabur India14 Nov 20111094100.091.9109,45514 Feb 20121094103.3112,897--3,443----
19 Hero Motocorp14 Nov 201152,209.61,988.711,05912 Dec 201151,986.39,921--(1,137)----
20 Hindustan Unilever14 Feb 2012242391.9373.594,92315 May 2012242432.5104,548--9,626----
21 South Indian Bank14 Feb 201232627.622.28,99011 May 201232622.17,207--(1,783)----
22 Triveni Turbine14 Feb 2012132140.434.153,35615 May 2012132142.455,888--2,533----
23 VST Industries14 Feb 2012201,265.91,080.425,34215 May 2012201,801.635,996--10,654----
24 Asian Paints15 May 2012203,768.13,333.475,43614 Aug 2012203,782.075,563610127----
25 Castrol India15 May 2012111528.5485.258,71701 Jun 2012111484.353,701--(5,016)----
26 Colgate Palmolive India15 May 2012211,225.91,117.425,77019 Jun 2012211,115.323,398--(2,372)----
27 Divis Laboratories15 May 201213897.4789.111,67714 Aug 2012131,141.514,8251563,147----
28 MindTree Limited15 May 201256614.6466.234,44914 Aug 201256644.136,031841,582----
29 Hindustan Unilever14 Aug 2012144495.9454.271,48115 Nov 2012144533.876,7901,8005,309----
30 Kaveri Seed Company14 Aug 201218802.1688.614,45115 Nov 2012181,258.122,623--8,172----
31 Supreme Industries14 Aug 2012234273.0231.963,94615 Nov 2012234289.567,6751,0533,729----
32 Vaibhav Global14 Aug 201259050.845.229,97215 Nov 201259085.050,100--20,127----
33 Whirlpool of India14 Aug 2012101257.9215.326,06915 Nov 2012101254.625,684--(385)----
34 Caplin Point Laboratories15 Nov 201240376.853.530,96114 Feb 201340380.832,510--1,549----
35 La Opala RG15 Nov 2012875180.1145.0157,70114 Feb 2013875297.2259,746--102,045----
36 Ratnamani Metals n Tubes15 Nov 2012285133.0113.937,94314 Feb 2013285134.238,195--252----
37 Union Bank of India15 Nov 201277230.3175.517,74714 Feb 201377232.217,858--111----
38 Britannia Industries14 Feb 201392493.1465.645,41115 May 201392570.652,438--7,028----
39 DB Corp14 Feb 2013598239.8215.5143,54415 May 2013598234.8140,240--(3,304)----
40 Emami Limited14 Feb 2013153619.2591.194,82501 Mar 2013153590.590,258--(4,567)----
41 Orient Refractories14 Feb 2013168938.836.665,51409 Apr 2013168936.361,253--(4,261)----
42 Astra Microwave Products15 May 2013387239.838.5154,26017 Jun 2013387238.5148,761--(5,499)----
43 Century Plyboards15 May 2013191452.749.9100,96911 Jun 2013191449.895,138--(5,831)----
44 City Union Bank15 May 201320655.651.811,46524 Jul 201320651.710,633206(832)----
45 Hawkins Cookers15 May 2013342,260.22,147.376,92213 Jun 2013342,145.372,866--(4,056)----
46 Bata India14 Aug 201341921.5829.337,81922 Aug 201341826.733,859--(3,961)----
47 Britannia Industries14 Aug 201349753.7692.036,96621 Aug 201349691.033,823--(3,143)----
48 MindTree Limited14 Aug 20132151,006.7817.3216,65714 Nov 20132151,391.4298,8411,07582,184----
49 Supreme Industries14 Aug 201341347.3316.714,25105 Sep 201341316.212,950226(1,302)----
50 VST Tillers14 Aug 201356409.0368.922,92414 Feb 201456799.444,719--21,795----
51 Ajanta Pharma14 Nov 201344976.5713.143,00714 Feb 201444947.441,644--(1,363)----
52 Alkyl Amines Chemicals14 Nov 2013215188.0141.140,46014 Feb 2014215224.848,284--7,823----
53 Bank of India14 Nov 2013117223.2157.426,13514 Feb 2014117173.720,303585(5,832)----
54 Dhanuka Agritech14 Nov 2013943155.6137.7146,83014 Feb 2014943189.7178,708--31,878----
55 VST Tillers14 Nov 2013216574.0468.1124,10814 Feb 2014216799.4172,487--48,379----
56 Aurobindo Pharma14 Feb 201439490.3350.819,14115 May 201439615.023,961--4,820----
57 La Opala RG14 Feb 2014298646.2588.3192,74515 May 2014298897.1267,054--74,308----
58 Symphony Limited14 Feb 2014132502.7429.566,41615 May 2014132808.4106,602--40,186----
59 VST Industries14 Feb 20141361,607.41,514.3218,82515 May 20141361,892.2257,082--38,257----
60 Alkyl Amines Chemicals15 May 2014325359.3275.3116,87314 Aug 2014325624.0202,5972,60085,724----
61 Astra Microwave Products15 May 201456583.458.747,16814 Aug 2014565131.674,25162227,083----
62 Hero Motocorp15 May 2014802,440.82,172.5195,45914 Aug 2014802,510.6200,6437,6005,184----
63 Kajaria Ceramics15 May 2014606495.1318.1300,33114 Aug 2014606601.5364,1452,12163,814----
64 Bharat Rasayan14 Aug 2014199527.9394.0105,15714 Nov 2014199890.2176,97319971,816----
65 Cummins India14 Aug 2014628668.0620.3419,92414 Nov 2014628849.0532,6393,140112,715----
66 Kaveri Seed Company14 Aug 2014267833.8673.1222,83414 Nov 2014267908.3242,2741,30819,440----
67 Marksans Pharma14 Aug 2014138743.631.160,46414 Nov 2014138760.183,27513922,811----
68 Wonderla Holidays14 Aug 2014177287.1219.650,85914 Nov 2014177296.252,3662661,507----
69 Britannia Industries14 Nov 20141671,624.31,398.5271,52916 Feb 20151672,034.2339,372--67,842----
70 CRISIL Limited14 Nov 20141381,954.61,724.2269,99816 Feb 20151382,126.0293,088--23,090----
71 IndusInd Bank14 Nov 2014611730.6606.8446,81216 Feb 2015611862.9526,705--79,892----
72 Ratnamani Metals n Tubes14 Nov 2014140603.7468.484,60316 Feb 2015140701.498,091--13,488----
73 Bajaj Auto16 Feb 20151292,261.92,055.7292,07013 Mar 20151292,049.1264,075--(27,996)----
74 HDFC Bank16 Feb 20153701,067.6936.8395,38915 May 2015370990.1365,971--(29,418)----
75 TVS Srichakra16 Feb 2015491,757.41,603.386,19926 Feb 2015491,596.878,166--(8,033)----
76 V-Mart Retail16 Feb 2015917547.4517.7502,46807 May 2015917516.2472,906--(29,562)----
77 AIA Engineering15 May 20151711,182.51,054.0202,41022 May 20151711,051.3179,597--(22,812)----
78 Bajaj Consumer Care15 May 2015519451.2418.2234,40712 Jun 2015519418.0216,716--(17,691)----
79 Divis Laboratories15 May 20151951,795.01,669.3350,37514 Aug 20151952,183.0425,2503,90074,875----
80 Redington India15 May 20152695118.6106.4319,81212 Jun 20152695106.1285,605--(34,207)----
81 TVS Srichakra15 May 2015421,782.01,295.774,91914 Aug 2015422,901.4121,737--46,818----
82 Hero Motocorp14 Aug 20151482,712.52,525.9401,84424 Aug 20151482,515.3371,885--(29,959)----
83 IndusInd Bank14 Aug 2015282959.0842.3270,70801 Sep 2015282840.1236,683--(34,026)----
84 PI Industries14 Aug 2015116698.5638.181,10124 Aug 2015116635.973,691--(7,410)----
85 Supreme Industries14 Aug 2015742645.7592.6479,58925 Aug 2015742590.4437,620--(41,969)----
86 Eclerx Services16 Nov 2015771,821.51,232.5140,39617 Dec 20151021,271.3129,548--(10,848)----
87 Indo Count Industries16 Nov 2015117946.8851.3110,88615 Feb 2016117981.9114,767--3,881----
88 NESCO Limited16 Nov 20152001,615.61,370.7323,44315 Feb 20162001,548.8309,450--(13,993)----
89 SJVN Limited16 Nov 2015871128.024.5244,15215 Feb 2016871128.3245,840--1,688----
90 Suprajit Engineering16 Nov 20152090143.9135.0301,05215 Jan 20162090133.6278,966--(22,086)----
91 TV Today Network15 Feb 20163509306.6262.51,076,93516 May 20163509334.91,173,814--96,878----
92 Accelya Solutions India16 May 20161561,124.4930.7175,58216 Aug 20161561,239.9193,223--17,641----
93 Ajanta Pharma16 May 20161211,592.61,373.1192,89116 Aug 20161211,955.1236,325--43,433----
94 Hawkins Cookers16 May 20161912,616.02,471.6500,15616 Aug 20161912,857.2545,17011,46045,014----
95 HDFC Bank16 May 20162631,162.81,025.1306,12216 Aug 20162631,227.3322,4572,49916,335----
96 Bharat Rasayan16 Aug 20161821,477.31,173.6269,12815 Nov 20161821,753.8318,86321849,735----
97 DB Corp16 Aug 20161399409.0373.9572,76311 Nov 20161399373.3521,708--(51,056)----
98 Gujarat Heavy Chemicals16 Aug 20161061246.2172.9261,42615 Nov 20161061217.9230,961--(30,466)----
99 Sudarshan Chemical Industries16 Aug 2016252330.2174.983,29415 Nov 2016252329.682,964--(330)----
100 Sundram Fasteners16 Aug 2016492252.7190.0124,45315 Nov 2016492290.1142,58783618,134----
101 Alkem Laboratories15 Nov 20163121,648.71,519.6514,89314 Feb 20173121,874.3584,1811,87269,288----
102 Garware Technical Fibres15 Nov 20161414553.3506.2783,14914 Feb 20171414614.5867,964--84,815----
103 AIA Engineering14 Feb 20172701,413.61,274.8382,05415 May 20172701,509.6407,1711,08025,117----
104 Avanti Feeds14 Feb 2017508575.7489.0292,72314 Nov 20175082,702.61,371,5234,5721,078,800----
105 Indraprastha Gas14 Feb 20174861,023.6877.5497,96715 May 20174861,000.3485,635--(12,332)----
106 V-Mart Retail14 Feb 2017448625.9499.1280,68415 May 20174481,041.4466,081--185,397----
107 Avanti Feeds15 May 2017491,076.9801.652,81814 Nov 2017492,702.6132,29344179,474----
108 Balrampur Chini Mills15 May 20171665165.4147.2275,66608 Jun 20171665146.9244,361--(31,306)----
109 Centrum Capital15 May 201758249.334.028,69214 Aug 201758259.334,478--5,786----
110 City Union Bank15 May 20171359181.8138.3247,31314 Aug 20171494156.1232,980448(14,333)----
111 NATCO Pharma15 May 2017809934.4789.8756,64510 Aug 2017809771.0623,101--(133,544)----
112 Avanti Feeds14 Aug 20171221,898.51,544.5231,84914 Nov 20171222,702.6329,381--97,533----
113 DCM Shriram14 Aug 2017181384.5346.869,65514 Nov 2017181578.9104,667--35,012----
114 SpiceJet14 Aug 2017556122.5108.468,17814 Nov 2017556142.178,929--10,750----
115 TTK Prestige14 Aug 20171226,280.15,913.7766,93814 Nov 20171226,649.6810,434--43,495----
116 Dhanuka Agritech14 Nov 2017666659.4627.5439,60014 Feb 2018666675.3449,267--9,667----
117 Hawkins Cookers14 Nov 20176182,802.52,706.01,733,67714 Feb 20186182,891.61,785,191--51,514----
118 TVS Srichakra14 Nov 20172083,155.62,971.1657,02114 Feb 20182083,644.9757,381--100,360----
119 CRISIL Limited14 Feb 201812092,005.01,831.42,426,40903 May 201812091,827.92,207,69219,344(218,716)----
120 Gulf Oil Lubricants India14 Feb 20181101,052.5912.8115,89123 Mar 2018110910.9100,094440(15,797)----
121 Tata Elxsi14 Feb 20182181,021.7887.0222,94215 May 20182181,144.3249,208--26,266----
122 VST Tillers14 Feb 2018852,668.22,284.3227,02015 May 2018852,963.3251,624--24,605----
123 Dilip Buildcon15 May 20183141,204.3998.5378,52830 May 2018314982.5308,185--(70,343)----
124 HEG Limited15 May 2018373,277.82,698.2121,40014 Aug 2018374,187.0154,7641,85033,364----
125 Minda Industries15 May 20186391,082.4334.1692,34511 Jul 20181917351.0672,2253,067(20,121)----
126 Suven Life Sciences15 May 20181770190.0171.9336,54814 Aug 20181770236.8418,629--82,081----
127 UPL Limited15 May 20181769733.3693.61,298,50521 May 20181769691.41,221,818--(76,687)----
128 Bandhan Bank14 Aug 2018183698.9520.7128,02701 Oct 2018183507.092,684--(35,343)----
129 Graphite India14 Aug 20181801,100.6833.5198,29727 Sep 2018180828.2148,935--(49,362)----
130 Kaveri Seed Company14 Aug 2018378622.0541.9235,33203 Oct 2018378536.0202,419--(32,913)----
131 Oracle Financial Services Software14 Aug 20185454,017.93,764.92,191,94522 Oct 20185453,764.22,049,421--(142,524)----
132 Abbott India14 Nov 20181617,601.46,602.91,225,04914 Feb 20191617,644.81,229,574--4,525----
133 IndusInd Bank14 Nov 20185881,513.61,195.1890,85714 Feb 20195881,517.5891,398--540----
134 Tata Metaliks14 Nov 2018585687.7557.9402,67814 Feb 2019585597.6349,217--(53,460)----
135 Accelya Solutions India14 Feb 2019918935.4903.7859,55615 May 2019918903.5828,586--(30,971)----
136 Hindustan Construction Company14 Feb 2019654312.010.178,26715 May 2019654311.474,189--(4,078)----
137 SKF India14 Feb 20197221,966.01,916.91,420,87218 Mar 20197221,915.51,381,573--(39,298)----
138 Zee Entertainment Enterprises14 Feb 2019262433.5350.3113,67808 May 2019262346.690,706--(22,972)----
139 AU Small Finance Bank15 May 2019969650.8575.3631,20714 Nov 2019969836.1809,322727178,115----
140 DCM Shriram15 May 2019204525.8431.3107,37130 Jul 2019204427.387,077326(20,294)----
141 Endurance Technologies15 May 20195111,169.71,090.8598,31405 Jul 20195111,088.0555,403--(42,912)----
142 Huhtamaki PPL15 May 2019988254.4211.6251,54914 Aug 2019988223.7220,745--(30,804)----
143 Vinati Organics15 May 20194351,808.01,601.5787,26714 Aug 20194352,114.3918,7793,045131,513----
144 AU Small Finance Bank14 Aug 20191293695.2637.6899,72814 Nov 20191293836.11,079,932--180,204----
145 Bharat Rasayan14 Aug 2019214,804.34,094.9100,99114 Nov 2019216,599.1138,4423237,450----
146 Indus Towers14 Aug 20193143248.9228.4782,91825 Oct 20193143226.1710,01011,472(72,908)----
147 Accelya Solutions India14 Nov 2019931,099.0872.9102,30914 Feb 2020931,033.195,982930(6,327)----
148 Dhanuka Agritech14 Nov 20193200315.6283.81,010,93014 Feb 20203200532.41,701,816--690,886----
149 Swaraj Engines14 Nov 20199211,129.11,063.51,040,94127 Nov 20199211,062.5977,621--(63,320)----
150 VST Industries14 Nov 20191214,560.53,766.7552,36612 Mar 20201213,759.0454,390--(97,976)----
151 Alkyl Amines Chemicals14 Feb 20202991,570.91,238.7470,16917 Mar 20202991,234.2368,6672,990(101,502)----
152 Castrol India14 Feb 20204121158.3134.4652,80009 Mar 20204121134.3552,716--(100,085)----
153 Hawkins Cookers14 Feb 2020335,399.34,058.7178,35318 Mar 2020334,037.4133,100--(45,254)----
154 IOL Chemicals and Pharmaceuticals14 Feb 2020944195.9175.7185,06720 Mar 2020944174.7164,7312,832(20,336)----
155 VST Industries14 Feb 20203084,336.33,985.21,336,90109 Mar 20203083,973.81,222,716--(114,184)----
156 Aarti Drugs15 May 2020423863.4635.2365,56214 Aug 20204232,115.4893,919--528,357----
157 Amrutanjan Healthcare15 May 2020937360.2256.6337,84514 Aug 2020937478.8448,140--110,295----
158 Bharat Electronics15 May 20202091667.857.91,418,47614 Aug 202020916113.22,364,279--945,803----
159 Indian Energy Exchange15 May 20204858160.1116.8778,54414 Aug 20204858185.4899,773--121,229----
160 IOL Chemicals and Pharmaceuticals14 Aug 2020232789.3438.3183,28914 Nov 2020232681.2157,869--(25,420)----
161 NIIT Limited14 Aug 202043381101.994.24,422,77414 Nov 202043381150.56,520,14586,7622,097,372----
162 14 Nov 2020502477.5429.5239,92015 Feb 2021502589.6295,683402------
163 14 Nov 20207317451.6424.83,307,29627 Jan 20217317422.63,088,707--------
164 14 Nov 202016113210.08.61,612,93115 Feb 20211611329.21,480,932--------
165 14 Nov 202011111,381.31,197.41,536,10315 Feb 202111111,287.21,428,649--------
166 15 Feb 202128592,020.81,925.15,783,245--2859--------1,919.95,488,851
167 15 Feb 20212351,243.51,037.8292,515--235--------1,207.7283,798
Portfolio Totals190,3476,474,760 5,772,649

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