Deep Neural Networks, often owing to the overparameterization, are shown to be capable of exactly memorizing even randomly labelled data. Empirical studies have also shown that none of the standard regularization techniques mitigate such overfitting. We investigate whether the choice of the loss function can affect this memorization. We empirically show, with benchmark data sets MNIST and CIFAR-10, that a symmetric loss function, as opposed to either cross-entropy or squared error loss, results ...