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INTERVIEW: Why is DSP Mutual Fund choosing Silence over Noise in Finance Advertising

Abhik Sanyal, Head of Marketing, DSP Mutual Funds, speaks to IMPACT about choosing truth over noise, long-term thinking, investor behaviour shifts and why quiet marketing can drive deeper trust

BY Antora Chakraborty
Published: Dec 9, 2025 4:05 PM 
INTERVIEW: Why is DSP Mutual Fund choosing Silence over Noise in Finance Advertising

In a cluttered financial landscape where brands fight for attention through loud creatives, celebrity endorsements and constant performance hooks, DSP Mutual Fund has taken a contrarian route: lean, quiet and truth-led. The brand’s recent marketing work has stood out not by adding to the noise but by challenging investor behaviour head-on with uncomfortable honesty. The direction and insight behind it comes into clear focus in an in-depth conversation with Abhik Sanyal, Head of Marketing at DSP Mutual Funds.

Sanyal explains that the ‘No More’ and ‘I Will Not Stop’ campaigns originated from common, emotionally driven investor habits like panic exits or quick reactions to market moves, and FOMO-fuelled decision making among young, Gen-Z, first-time investors. Instead of sugar-coating messages with vibrancy or pop culture hooks, DSP leaned into stark minimalism to make people pause and reflect. As Sanyal puts it, “Silence sometimes speaks much louder than noise.” The objective isn’t short-term conversion but long-term behavioural impact, validated by how people organically shared the ads saying “this is me.”

This truth-first mindset also shaped DSP’s 40-minute documentary, The Immortals, featuring Indians in their 90s. Without referencing finance, DSP explores what truly makes a “richer life”- values, patience and slow thinking, mirroring its belief that long-term investing requires a long-term worldview. He intentionally chose “slow watching” documentary in an era of reels and instant gratification.

On media mix, Sanyal states DSP follows consumer response rather than trends, balancing digital with OOH and a renewed use of print. Influencer activity, where pursued, will prioritise authenticity, with customers and distributors seen as the most powerful advocates rather than paid endorsements.

Looking ahead, DSP aims to act as a coach and guide, repeating fundamentals that many investors forget: make fewer emotional decisions, stay invested longer and allow compounding to play out. AI will be used responsibly to surface personalised insights and behavioural nudges, without exploiting investor anxieties or pushing impulse investing.

The brand intends to continue creating content that balances rational education with human truths, whether through documentaries, investment publications or campaigns that quietly challenge investor behaviour. While campaign formats and media pegs may evolve in 2026 and beyond, Sanyal emphasises that the core strategy will stay unchanged: deliver value consistently, build trust over time and remain the voice of reason in a market that is often driven by noise.

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