You do not require special child oriented financial products to invest in your child’s future education goal. Be it insurance, mutual funds, bank accounts. There is no difference between a child insurance plan and other traditional insurance plans. There is no difference between a mutual fund child care plan and regular balanced fund or hybrid mutual fund. There is no difference between junior savings account and your bank savings account. Except for the word Child in it and except for the fact that you invest in your minor child’s name. To achieve your child’s goal, inculcate the discipline to invest in your own name, no need to invest in your child’s name. All you need is early planning, a long-term horizon goal of at least 8-10 years and the right asset mix to accumulate the education corpus.