Savings plan for child
One of our colleagues lost his life due to Covid recently. He has a 3 year old daughter. In addition to what the company is providing for the family, some of us have pooled together some money for the child's higher education, which we want to invest for 15 years to provide for her higher education.
I have looked at a number of endowment plans, child plans, market plans etc, but thoroughly confused.
Any suggestions would be helpful.