In a mixing bowl mix condensed milk, oil, vanilla extract, and sugar. Add 150 ml of milk and stir it.
In another bowl take fine semolina, baking powder, baking soda, and salt. Mix everything.
Now start adding dry ingredient into wet ingredients in portions. Keep mixing to avoid lumps.
Finally, add tutti-frutti to the batter.
Add the leftover milk and mix. Keep the batter aside for 5 minutes.
Meanwhile, keep your oven for preheating at 160 °C.
Pour the batter into a greased pan and bake in preheated oven at 160 °C for 35 minutes.
After 35 minutes, take the baked cake out from oven and rest it for 5 minutes.
Now de-mold the cake.
Slice and serve.