Sify and MyWallet drains your time and wallet. Review on SatyamOnline Dial Up

This is about Indian Stock market/Mutual Fund information on web sites...

Sify used to have a good service to list Portfolios, track their values etc thru MyWallet.

Lately like all unmaintained web services, Sify and MyWallet stinks. Please dont open an account on MyWallet's product called PortFolio Manager. They have real stale and inaccurate info.

A product called Birla Mip II under various dividend options like 5% equity based growth, 25% etc was launched nearly a month ago.

I pointed out to Sify that this product and few others though are already quoted in the AFMC sites are not valid in Sify/MyWallet. After usual un-attended-to automated response 'that they love my feedback etc ..' I gave up as there was no improvement/this financial product visibility on site.

Now after weeks the product is there; but the MyWallet's Portfolio Manager would not let you list txn of this scrip, saying there is no such product!!?, though their site itself lists these as a part of valid products. Along with rest of Sify I guess the good product MYWallet is becoming sloppy.

I guess people like Birla Sunlife Mutual Fund should sue them; for their MF scheme it appears is deliberately downplayed in Sify syte; more recent launches of MFs from un-heard of company names are visible in MyWallet. Is Sify into shady 'market advise' to help some 'shady' market (MF) moguls?' In this event, surely you should expect your investment to go down the tube anyway, if you followed MyWallet reco.

With due respect to their wordy disclaimers to cover their a...., is there not an ethics of doing business one would expect with such organisations like Sify ie to put in some effort to be impartial, timely and responsive to change? Or is pure ineffecieciency that they donot have a good internal wake up mechanism to the daily changes happening in markets??

Eitherway, stay away from Sify>Finance portal. Their info is so old and unreliable that their reaction time shames a tortoise. You could lose your shirt, if you based your financial decisions on Sify Site content!!! MyWallet is nearly becoming 'their wallet' given the amount of 'connect time' I am spending to reconcile their errors, delays etc etc...

Got wiser, quit from Sify & MyWallet to look elsewhere for more 'current' and accurate info source about market...

A Yahoo! does far greater justice. ICICI is improving.