How has the icTracker performed against the BSE SENSEX?

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 BSE SENSEX. Here is how this virtual portfolio has performed from December 2015 onwards:

Performance of icTracker v/s BSE SENSEX over time (in multiples of initial corpus)

As seen above, the initial corpus of Rs.100,000 invested on 31 December 2015 has grown to Rs.3,587,583 as of 31 December 2025.

In other words, the icTracker has outperformed the BSE SENSEX by 1015% during this period.

Generated Portfolio Stats
CAGR Alpha Beta Std Deviation Sharpe Ratio Treynor Ratio Modigliani Ratio
43.01%31.01%0.786696752.62%69.18%46.27%17.85%

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

icTracker gen.BSE SENSEX
Qtr EndTrade DatePortfolio valueIndex ValuePortfolio value
31 Dec 201515 Feb 2016100,00023,554.12100,000
31 Mar 201616 May 2016116,20725,653.23108,912
30 Jun 201616 Aug 2016128,62528,064.61119,150
30 Sep 201615 Nov 2016126,79726,304.63111,677
31 Dec 201614 Feb 2017142,43328,339.31120,316
31 Mar 201715 May 2017185,15230,322.12128,734
30 Jun 201714 Aug 2017268,43231,449.03133,518
30 Sep 201714 Nov 2017363,63032,941.87139,856
31 Dec 201714 Feb 2018390,62334,155.95145,011
31 Mar 201815 May 2018362,87935,543.94150,903
30 Jun 201814 Aug 2018356,29037,852.00160,702
30 Sep 201814 Nov 2018342,06035,141.99149,197
31 Dec 201814 Feb 2019319,60935,876.22152,314
31 Mar 201915 May 2019297,43137,114.88157,573
30 Jun 201914 Aug 2019299,07737,311.53158,408
30 Sep 201914 Nov 2019349,63540,286.48171,038
31 Dec 201914 Feb 2020460,91541,257.74175,162
31 Mar 202015 May 2020406,16931,097.73132,027
30 Jun 202014 Aug 2020533,49137,877.34160,810
30 Sep 202014 Nov 2020771,36943,637.98185,267
31 Dec 202015 Feb 2021932,98152,154.13221,423
31 Mar 202117 May 20211,081,47849,580.73210,497
30 Jun 202116 Aug 20212,635,92755,582.58235,978
30 Sep 202115 Nov 20212,477,99960,718.71257,784
31 Dec 202114 Feb 20222,298,59956,405.84239,473
31 Mar 202216 May 20222,179,88352,973.84224,903
30 Jun 202216 Aug 20222,185,39159,842.21254,063
30 Sep 202214 Nov 20222,244,67061,624.15261,628
31 Dec 202214 Feb 20232,096,60861,032.26259,115
31 Mar 202315 May 20232,286,31662,345.71264,691
30 Jun 202314 Aug 20232,629,71665,401.92277,667
30 Sep 202315 Nov 20233,313,96765,675.93278,830
31 Dec 202314 Feb 20243,636,14971,822.83304,927
31 Mar 202415 May 20243,362,88272,987.03309,870
30 Jun 202414 Aug 20243,729,98879,105.88335,847
30 Sep 202414 Nov 20243,668,10677,580.31329,371
31 Dec 202414 Feb 20253,329,21175,939.21322,403
31 Mar 202515 May 20253,127,13782,530.74350,388
30 Jun 202514 Aug 20253,208,89280,597.66342,181
30 Sep 202514 Nov 20253,480,17584,562.78359,015
31 Dec 202516 Feb 20263,587,58383,277.15353,557
CAGR43.01%13.45%

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 Tata Motors Passenger Vehicles15 Feb 2016157317.3254.749,85816 May 2016157392.761,592--11,734----
2 TV Today Network15 Feb 2016162306.6262.549,71916 May 2016162334.954,191--4,473----
3 Accelya Solutions India16 May 2016171,124.4930.719,13416 Aug 2016171,239.921,056--1,922----
4 Ajanta Pharma16 May 2016121,592.61,373.119,13016 Aug 2016121,955.123,437--4,307----
5 Hawkins Cookers16 May 201682,616.02,471.620,94916 Aug 201682,857.222,8344801,885----
6 HDFC Bank16 May 2016471,162.81,025.154,70616 Aug 2016471,227.357,6254472,919----
7 Supreme Industries16 May 20165865.2779.24,33016 Aug 20165958.64,788--458----
8 Bharat Rasayan16 Aug 2016191,477.31,173.628,09615 Nov 2016191,753.833,288235,192----
9 DB Corp16 Aug 2016157409.0373.964,27711 Nov 2016157373.358,548--(5,730)----
10 Gujarat Heavy Chemicals16 Aug 2016102246.2172.925,13215 Nov 2016102217.922,204--(2,929)----
11 Rajratan Global Wire16 Aug 20169448.5260.74,04115 Nov 20169631.95,681--1,641----
12 Sudarshan Chemical Industries16 Aug 201620330.2174.96,61115 Nov 201620329.66,584--(26)----
13 Alkem Laboratories15 Nov 2016371,648.71,519.661,06114 Feb 2017371,874.369,2782228,217----
14 Garware Technical Fibres15 Nov 2016120553.3506.266,46214 Feb 2017120614.573,660--7,198----
15 AIA Engineering14 Feb 2017201,413.61,274.828,30015 May 2017201,509.630,161801,861----
16 Avanti Feeds14 Feb 201746575.7489.026,50614 Nov 2017462,702.6124,19341497,687----
17 Indraprastha Gas14 Feb 2017491,023.6877.550,20715 May 2017491,000.348,963--(1,243)----
18 NATCO Pharma14 Feb 201715776.0640.511,65215 May 201715934.414,001902,350----
19 V-Mart Retail14 Feb 201740625.9499.125,06115 May 2017401,041.441,614--16,553----
20 Avanti Feeds15 May 2017381,076.9801.640,96114 Nov 2017382,702.6102,59434261,633----
21 Centrum Capital15 May 201750649.334.024,94514 Aug 201750659.329,976--5,030----
22 City Union Bank15 May 2017225181.8138.340,94614 Aug 2017247156.138,51874(2,428)----
23 Sharda Motor Industries15 May 2017151,887.11,463.128,33514 Aug 2017152,616.339,205--10,870----
24 Avanti Feeds14 Aug 201721,898.51,544.53,80114 Nov 201722,702.65,400--1,599----
25 DCM Shriram14 Aug 201787384.5346.833,48114 Nov 201787578.950,310--16,829----
26 SpiceJet14 Aug 201767122.5108.48,21614 Nov 201767142.19,511--1,295----
27 TTK Prestige14 Aug 201796,280.15,913.756,57714 Nov 201796,649.659,786--3,209----
28 VIP Industries14 Aug 201741195.5180.28,02114 Nov 201741316.812,974--4,952----
29 Cyient Limited14 Nov 2017128540.6490.169,26014 Feb 2018128624.079,79251210,533----
30 Dhanuka Agritech14 Nov 201755659.4627.536,30314 Feb 201855675.337,102--798----
31 Gulf Oil Lubricants India14 Nov 201721982.7797.920,65615 May 201821895.618,78984(1,867)----
32 Hawkins Cookers14 Nov 2017662,802.52,706.0185,15014 Feb 2018662,891.6190,652--5,501----
33 TVS Srichakra14 Nov 2017173,155.62,971.153,69914 Feb 2018173,644.961,901--8,202----
34 CRISIL Limited14 Feb 20181522,005.01,831.4305,05703 May 20181521,827.9277,5592,432(27,498)----
35 Gulf Oil Lubricants India14 Feb 2018231,052.5912.824,23223 Mar 201823910.920,92992(3,303)----
36 VST Tillers14 Feb 2018132,668.22,284.334,72115 May 2018132,963.338,484--3,763----
37 Dilip Buildcon15 May 2018241,204.3998.528,93230 May 201824982.523,556--(5,377)----
38 Suven Life Sciences15 May 2018293190.0171.955,71114 Aug 2018293236.869,298--13,587----
39 UPL Limited15 May 2018318733.3693.6233,42321 May 2018318691.4219,637--(13,786)----
40 UNO Minda Limited15 May 2018381,082.4334.141,17211 Jul 2018114351.039,976182(1,197)----
41 Graphite India14 Aug 2018341,100.6833.537,45627 Sep 201834828.228,132--(9,324)----
42 Kama Holdings14 Aug 2018154,381.13,877.165,78214 Nov 2018155,338.479,99622514,214----
43 Kaveri Seed Company14 Aug 201869622.0541.942,95703 Oct 201869536.036,950--(6,008)----
44 Oracle Financial Services Software14 Aug 2018514,017.93,764.9205,11822 Oct 2018513,764.2191,781--(13,337)----
45 Automotive Axles14 Nov 2018141,251.5995.017,53814 Feb 2019141,144.916,012--(1,526)----
46 IndusInd Bank14 Nov 2018841,513.61,195.1127,26514 Feb 2019841,517.5127,343--77----
47 Kewal Kiran Clothing14 Nov 20181441,325.01,183.2190,99122 Jan 20191441,181.7169,988--(21,003)----
48 Accelya Solutions India14 Feb 2019245935.4903.7229,40215 May 2019245903.5221,137--(8,266)----
49 Hindustan Construction Company14 Feb 2019115412.010.113,80415 May 2019115411.413,085--(719)----
50 Vinati Organics14 Feb 2019121,623.31,471.519,49927 Feb 2019121,469.617,617--(1,882)----
51 Zee Entertainment Enterprises14 Feb 2019129433.5350.355,97108 May 2019129346.644,661--(11,310)----
52 AU Small Finance Bank15 May 2019208650.8575.3135,49114 Feb 20202081,146.1238,140156102,649----
53 Avantel15 May 2019290250.8218.372,80515 Jul 2019290216.962,829580(9,975)----
54 DCM Shriram15 May 201939525.8431.320,52730 Jul 201939427.316,64762(3,880)----
55 Huhtamaki PPL15 May 2019229254.4211.658,30414 Aug 2019229223.751,165--(7,140)----
56 Refex Industries15 May 201926140.031.910,43714 Aug 201926188.923,180--12,742----
57 AU Small Finance Bank14 Aug 201998695.2637.668,19314 Feb 2020981,146.1112,201--44,008----
58 Indus Towers14 Aug 2019161248.9228.440,10525 Oct 2019161226.136,370588(3,735)----
59 Kaveri Seed Company14 Aug 201918479.8405.78,64414 Nov 201918527.09,47754832----
60 Pokarna14 Aug 2019267134.3106.835,89414 Nov 2019267170.645,5051609,611----
61 Accelya Solutions India14 Nov 201971,099.0872.97,70114 Feb 202071,033.17,22470(476)----
62 AU Small Finance Bank14 Nov 20196836.1672.85,02114 Feb 202061,146.16,869--1,848----
63 Dhanuka Agritech14 Nov 201985315.6283.826,85314 Feb 202085532.445,205--18,352----
64 Swaraj Engines14 Nov 2019241,129.11,063.527,12627 Nov 2019241,062.525,475--(1,650)----
65 VST Industries14 Nov 201964,560.53,766.727,39012 Mar 202063,759.022,532--(4,858)----
66 Alkyl Amines Chemicals14 Feb 2020321,570.91,238.750,31917 Mar 2020321,234.239,456320(10,863)----
67 Castrol India14 Feb 2020756158.3134.4119,75709 Mar 2020756134.3101,396--(18,361)----
68 IOL Chemicals and Pharmaceuticals14 Feb 2020306195.9175.759,99020 Mar 2020306174.753,398918(6,592)----
69 VST Industries14 Feb 2020454,336.33,985.2195,32609 Mar 2020453,973.8178,644--(16,683)----
70 Bharat Electronics15 May 2020237767.857.9161,20314 Aug 20202377113.2268,689--107,486----
71 Gujarat Themis Biosyn15 May 202077190.7124.414,69914 Aug 202077180.813,904--(795)----
72 Indian Energy Exchange15 May 2020341160.1116.854,64914 Aug 2020341185.463,158--8,509----
73 Ion Exchange India15 May 2020183702.4517.3128,66814 Aug 2020183685.6125,339--(3,328)----
74 Tata Elxsi15 May 202060777.9504.746,71814 Aug 2020601,020.761,17899014,460----
75 IOL Chemicals and Pharmaceuticals14 Aug 202051789.3438.340,29215 Feb 202151659.433,596204(6,696)----
76 NIIT Limited14 Aug 20204835101.994.2492,93714 Nov 20204835150.5726,6989,670233,761----
77 IOL Chemicals and Pharmaceuticals14 Nov 2020175681.2585.2119,32115 Feb 2021175659.4115,280700(4,041)----
78 KNR Constructions14 Nov 20201007256.7120.3258,70503 Feb 20212014140.1281,831--23,126----
79 Refex Industries14 Nov 2020284958.647.7167,11815 Feb 2021284995.2270,9542,849103,835----
80 Shree Renuka Sugars14 Nov 2020954710.08.695,56515 Feb 202195479.287,745--(7,821)----
81 Tips Music14 Nov 2020347276.3220.195,97215 Feb 2021347403.5139,875--43,903----
82 Carysil15 Feb 20213326279.1192.0929,21517 May 20213326323.61,075,0512,661145,836----
83 Easy Trip Planners17 May 20215616191.6167.61,077,10216 Aug 20215616469.12,631,551--1,554,449----
84 India Pesticides16 Aug 20218033326.5308.82,624,99623 Aug 20218033307.42,467,068--(157,928)----
85 Chambal Fertilisers and Chemicals15 Nov 20211059356.0286.9377,38114 Feb 20221059373.2394,7714,76617,390----
86 Eclerx Services15 Nov 2021972,466.22,247.4239,46129 Nov 2021972,229.6216,051--(23,410)----
87 Swaraj Engines15 Nov 20216681,774.81,642.41,186,71929 Nov 20216681,642.11,095,855--(90,863)----
88 Thangamayil Jewellery15 Nov 2021444651.5540.1289,55509 Feb 2022444538.7238,9262,220(50,629)----
89 Thyrocare Technologies15 Nov 20213261,182.41,068.4385,84808 Dec 20213261,065.4346,975--(38,873)----
90 Maithan Alloys14 Feb 20221131,136.01,012.0128,49624 Feb 20221131,007.2113,694--(14,802)----
91 Patanjali Foods14 Feb 20222210832.8769.51,842,32924 Feb 20222210767.41,694,329--(148,000)----
92 Rhi Magnesita India14 Feb 2022663494.0395.8327,85016 May 2022663561.6371,935--44,086----
93 AU Small Finance Bank16 May 20223451,306.2538.5451,09009 Jun 2022690553.5381,521--(69,569)----
94 Bharat Dynamics16 May 2022438689.0399.0302,08416 Aug 2022438852.2372,890--70,807----
95 Ion Exchange India16 May 20226091,733.51,593.51,056,75716 Aug 20226091,794.71,091,879--35,122----
96 Share India Securities16 May 20222161,275.7982.2275,82716 Aug 20222161,163.4251,043432(24,784)----
97 Shilchar Technologies16 May 2022151618.6304.493,49416 Aug 2022151572.786,391604(7,103)----
98 Apar Industries16 Aug 20223031,240.2862.9376,14114 Nov 20223031,490.0451,019--74,877----
99 AU Small Finance Bank16 Aug 20221464639.9315.8937,67714 Nov 20221464636.2930,392--(7,285)----
100 Aditya Vision16 Aug 20221991,204.0833.1239,83614 Nov 20221991,300.2258,4811,19418,645----
101 Deepak Fertilisers n Petrochemicals16 Aug 2022117908.0677.5106,34214 Nov 2022117856.6100,1161,053(6,226)----
102 Gujarat Heavy Chemicals16 Aug 2022846619.5552.7524,57914 Nov 2022846593.5501,599--(22,980)----
103 Accelya Solutions India14 Nov 2022921,551.51,182.1142,87614 Feb 2023921,179.3108,3913,220(34,485)----
104 Dynacons Systems and Solutions14 Nov 2022164337.9287.355,46314 Feb 2023164449.573,636--18,173----
105 Gujarat Themis Biosyn14 Nov 202286848.7660.873,05703 Feb 202386659.856,689378(16,368)----
106 Hawkins Cookers14 Nov 20221556,451.95,910.31,001,04514 Feb 20231556,018.6931,942--(69,102)----
107 Narayana Hrudayalaya14 Nov 20221272763.4699.4972,01615 May 20231272769.2977,444--5,428----
108 AIA Engineering14 Feb 20231002,799.52,515.2280,22515 May 20231002,752.5274,975--(5,250)----
109 Narayana Hrudayalaya14 Feb 2023978725.0692.7709,71015 May 2023978769.2751,525--41,815----
110 Shilchar Technologies14 Feb 2023791,330.9924.0105,24615 May 2023791,892.3149,338--44,092----
111 Waaree Renewable Technologies14 Feb 202388596.2502.052,51415 May 202388989.486,980--34,466----
112 WPIL Limited14 Feb 2023161,742.31,195.827,90415 May 2023162,951.847,181--19,277----
113 Bharat Electronics15 May 202310604107.793.41,142,66214 Aug 202310604130.51,382,438--239,776----
114 Nucleus Software Exports15 May 2023321627.2546.4201,51714 Aug 2023321995.5319,2203,210117,704----
115 State Bank of India15 May 20231580581.9520.4920,32214 Aug 20231580560.8885,17817,854(35,144)----
116 Ajanta Pharma14 Aug 20234431,738.61,396.0770,97015 Nov 20234431,949.3862,676--91,706----
117 Apar Industries14 Aug 20231724,145.33,101.4713,69615 Nov 20231725,621.5965,923--252,227----
118 Jyothy Laboratories14 Aug 20231410321.7205.5454,05115 Nov 20231410458.6645,979--191,929----
119 Mazagon Dock Shipbuilders14 Aug 20231341,863.11,159.1249,90515 Nov 20231341,998.7267,55891917,653----
120 Motilal Oswal Financial Services14 Aug 2023467943.7750.7441,14915 Nov 20234671,223.9570,966--129,818----
121 Chennai Petroleum Corporation15 Nov 2023122639.0530.978,03014 Feb 2024122901.0109,812--31,782----
122 Equitas Small Finance Bank15 Nov 2023282998.086.9277,51914 Feb 20242829100.3283,324--5,804----
123 Hawkins Cookers15 Nov 20232577,241.86,730.31,863,00414 Feb 20242577,096.61,822,003--(41,001)----
124 State Bank of India15 Nov 20231656584.7555.0969,23214 Feb 20241656743.41,229,840--260,608----
125 Shilchar Technologies15 Nov 2023472,687.21,550.7126,42514 Feb 2024474,076.7191,413--64,989----
126 Canara Bank14 Feb 20242560566.593.81,451,56215 May 20241280098.81,263,621--(187,941)----
127 Castrol India14 Feb 20243579197.1154.1706,12615 May 20243579189.2676,29116,106(29,836)----
128 Neuland Laboratories14 Feb 2024286,674.55,143.8187,07315 May 2024286,240.5174,558--(12,515)----
129 Oracle Financial Services Software14 Feb 2024567,765.94,014.0435,32315 May 2024567,780.4435,26413,440(59)----
130 Suyog Telematics14 Feb 20246821,251.9947.2854,61615 May 20246821,148.0782,153--(72,462)----
131 Bharat Electronics15 May 20242772232.9185.7646,10614 Aug 20242772293.7813,3222,218167,217----
132 Hindustan Aeronautics15 May 2024994,182.43,205.7414,46714 Aug 2024994,661.7461,047--46,580----
133 Mazagon Dock Shipbuilders15 May 20241442,392.11,959.6344,80714 Aug 20241444,998.5719,064--374,257----
134 Sanofi India15 May 20242308,352.37,618.91,922,93913 Jun 20242307,397.71,699,773--(223,166)----
135 Aditya Vision14 Aug 20241694,517.8357.3764,27227 Aug 20241690386.1651,900--(112,372)----
136 Cholamandalam Financial Holdings14 Aug 20246821,569.51,282.31,071,47014 Nov 20246821,573.81,072,258--789----
137 Grauer n Weil India14 Aug 20241219694.383.81,151,35514 Nov 202412196105.11,280,5186,098129,163----
138 RattanIndia Enterprises14 Aug 2024888583.674.2743,17303 Oct 2024888574.1657,614--(85,559)----
139 Eclerx Services14 Nov 20243973,339.52,771.51,327,10703 Mar 20253972,741.71,087,361--(239,746)----
140 Marksans Pharma14 Nov 20241230308.3271.7379,58810 Jan 20251230269.5331,134--(48,454)----
141 NESCO Limited14 Nov 202414491,002.6926.91,454,14814 Feb 20251449926.61,341,286--(112,861)----
142 Pix Transmissions14 Nov 20242342,157.11,590.8505,26617 Feb 20252341,562.9365,360--(139,906)----
143 Banco Products India15 May 2025221403.9328.589,34014 Aug 2025221536.9118,536--29,196----
144 Cigniti Technologies15 May 2025521,573.91,361.081,92514 Aug 2025521,541.580,078--(1,847)----
145 Hindustan Zinc15 May 20252175440.8394.3959,59014 Aug 20252175426.7927,03621,750(32,554)----
146 Jyoti Resins Adhesives15 May 20259891,294.81,244.31,281,83814 Aug 20259891,314.21,298,444--16,606----
147 South Indian Bank15 May 20252567627.824.6713,22214 Aug 20252567629.3751,55410,27038,333----
148 Accelya Solutions India14 Aug 202510791,396.71,357.61,508,54606 Nov 202510791,356.21,461,92843,160(46,618)----
149 AU Small Finance Bank14 Aug 2025215750.6681.9161,540--215--------868.3186,674
150 State Bank of India14 Aug 20251753826.6796.71,450,39114 Nov 20251753967.91,694,944--244,553----
151 Swaraj Engines14 Aug 2025214,001.63,645.884,11825 Nov 2025213,642.176,407--(7,711)----
152 14 Nov 2025990890.6713.2882,576--990--------868.3859,568
153 14 Nov 20253309146.1114.3483,82916 Feb 20263309145.8482,102--------
154 14 Nov 20254882,055.31,929.01,003,99016 Feb 20264882,221.51,083,008--------
155 14 Nov 20251044,017.53,657.5418,23825 Nov 20251043,651.4379,370--------
156 14 Nov 20252651,564.0425.1414,87528 Nov 2025795439.2348,824--------
157 16 Feb 20267991,010.0971.9807,797--799--------868.3693,732
158 16 Feb 20261321,801.91,674.6238,089--132--------1,410.7186,212
159 16 Feb 2026729737.2687.2537,920--729--------660.9481,796
160 16 Feb 20261153140.8119.9162,551--1153--------125.4144,598
161 16 Feb 20262186285.5259.2624,727--2186--------285.8624,693
Portfolio Totals174,5733,167,702 3,177,273

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


Standard Disclaimer

  1. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
  2. Past performance, by way of backtesting or by way of actuals, is no guarantee of future returms.
  3. Securities mentioned on this website are for educational purpose only and do not constitute investment advice.
Standard Warning - Investment in securities markets are subject to market risk. Read all the related documents carefully before investing.