Boil the milk in a thick bottomed pan.(It is better not to do this in a non stick pan as milk becomes brown at the bottom of the pan ) if u do not have a thick bottomed pan use a pressure cooker.
Grind the basmathi rice in the mixer( do not grind it finely. Grind it very very coarsely. Just one turn of the mixer and that is enough. Basically the rice should be broken
Into two..)
Add the rice , cashews , raisins and coconut to the boiling milk.
Keep in a medium flame for 15 minutes,partly covered and stirring in between.
After 15 to 20 mins the milk would have become thick and rice would have been cooked. Check for it.
Finally add the sugar . keep in flame 3 to 5 mins till the sugar dissolves completely and remove from fire.
Cool it and refrigerate it.
Serve chilled.


Handy Tip : Serve this chilled. This tastes yummy when it is cold than warm.
U can use condensed milk instead of sugar too..