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In this episode, we sit down with Ripan Dutta to unpack a practical path to Financial Independence. At 31, he has built ₹5 crore in 6 years and is halfway to his FI target.
He breaks down –
1️⃣How he set a ₹3.5 lakh per month passive income goal.
2️⃣The simple math to back-calculate corpus needs using risk-free post-tax returns.
3️⃣Why focusing on income growth beats chasing an extra 2 to 3 percent returns?
We cover his –
1️⃣Shift from tax-saving only investments to aggressive SIPs.
2️⃣Current SIPs of ₹2.5–3 lakh a month.
3️⃣Diversified mutual funds with global exposure, direct stocks, a measured crypto sleeve, and ample emergency liquidity.
He also shares hard-won lessons on ESOP documentation, why he rents and does not own a car or a house, and how he spends guilt-free on health, fitness and slow travel while still compounding toward freedom.
Guest: Ripan Dutta — https://www.linkedin.com/in/ripandutta/
CHAPTERS:
[00:00] Highlight
[00:58] Why a ₹3.5 lakh/month passive income?
[01:38] Corpus Calculation
[02:37] Early Career & Investment Journey – SIPs, Salary Hike
[05:24] Current asset allocation
[06:11] How to make money with ESOPs?
[07:29] Investment Plan for ₹5Cr to ₹10Cr Journey
[08:39] Life after hitting a ₹5 crore net worth
[11:19] Thoughts on YOLO Lifestyle
[13:12] Advice for people to achieve F.I.R.E
[14:18] Wrap-up & thanks
Disclaimer: Mutual Fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
#MoneySkills #Scripbox #FinancialIndependence #PassiveIncome #SIPs #ESOPs #PersonalFinance #MutualFunds #FIRE
With a 22 lac package he invested 80k per month…. really!!!!!!!!
Have some pragmatic and realistic approach
Very calm, composed, futuristic and enthusiastic person. Love his way of knowing what he is actually aiming at. Bravo !!
as of wise people say, dont leave it anything for tomorrow. tomorrow never may come your life.
What is his occupation
60 Lakh P.A. Salary 😮
Moral of the story – get a good degree, improve skills and always try to get a better job. Work will make you rich. Retirement will not.
11:45 imagine if he Die tomorrow with accident he will regret on his bed he never experienced anything in life….always try to do crazy things when you are young it’s better to experience Bangkok at 25 than 40 (example ) life is unpredictable
What risk-free? There's always credit risk. There's the risk of interest rate decreases. First of all, I don't understand the concept of moving an entire equity bucket to a debt bucket, which is highly inefficient and tax-intensive.
Umm, it's a bit unrealistic, with a CTC of 22L, you can't really invest 80k-1L as your take home will be huge, maybe he lived very frugally?