Wash & soak basmati rice for minimum 10 mins. Also, soak saffron in 1 tbsp of milk. Set aside.
Remove the lid of Instant pot, start in Saute mode – Normal heat for 5 mins.
First, add ghee and washed rice. Roast for a minute.
Add little cold water to the inner pot to prevent milk sticking to bottom. This way, we can avoid the burn warning. I skipped this step but recommend. Then Pour milk and close the lid. Cancel Saute mode.
Press Porridge menu twice to choose High pressure.
Make sure to seal the steam vent.
Once done, let pressure release naturally. Turn off keep warm. (Takes approx 20 mins).Open the lid, mix well.
Press Saute mode – Normal again for 5 mins.
Add sugar, soaked saffron + milk and powdered cardamom.
Mix well and bring to boil. Cancel Saute mode.
Garnish with nuts to serve.