Take a heavy bottomed pan or kadai heat on add milk and sweetened condensed milk stir and mix well.

Heat this mixture on a low flame and bring to a gentle boil. Add saffron strands mix well.

Keep on stirring so that the mixture does not Browned or burnt from bottom.

The basundi mixture would begin to thicken scrape the milk from the sides of kadai and mix in the mixture.

Add nutmeg powder, cardamom powder, chopped dry fruits.

Stir and simmer basundi for a minute. Heat off.