You could try Bajaj Allianz Child Plans for the same. They are doing well in the market and I am a policy holder from my 5-yr old son, too! I have found it  useful in terms of returns and reliability.

Go for Aviva New young scholar plan as they have quite a few advantages over other child plans in India.

Also check their tool called Aviva Educost. It helps you predict the future cost of education. Quite Interesting!

Aviva Educost

thank you so much for your question....
there are many plans which meets your expectations....
you can call me or email me for complete details....
09883724272
madelifehappy@gmail.com

Education is undoubtedly at the top of the list when it comes to securing a child’s future. Parents dream to provide the best of everything to their child. A child benefits insurance is something that you must not ignore. This plan makes sure that your children will be adequately supported and that their financial needs will be taken care of even after your lifetime. I’d suggest you check out one of the best child plans by Future Generali at http://www.futuregenerali.in/LifeInsurance/Individual/ChildPlans/FutureGeneraliChildBenefitPlan.aspx

Nice to know that you are already planning for your child's future. A good child insurance plan should be able to cater to all your requirements at the right time. There are quite a number of insurance plans for children along with various options. You would need to decide how much amount you can spare month on month or in a year towards Insurance premium charges. When I had a similar query about my child's future I had tried to look into many plans, but my experience says that Bajaj Allianz Child insurance is good when it comes to securing a future of your child.