Take a bowl. Preference should be given to silver bowl. But in case you don't have silver bowl, you can go for steel, glass or clay bowl.
Add desi ghee. Ghee should be in melted form but not by heating. Preference should be given to a ghee made out of cow's milk.
Then add honey, which should be double the quantity of desi ghee.
Now add shakkar or powdered rock candy (mishri). In the absence of both sugar or jaggery can be added. The quantity of shakkar should be double the quantity of honey.
Give it a good mix leaving behind no lumps.
Then comes curd. It should also be made of cow's milk and it's quantity needs to be double the quantity of shakkar.
Better to whisk the curd before using. Smooth consistency of curd will not allow the formation of lumps.
Add the curd as well.
Give them a good mix.
Then comes milk. It should be raw i.e. unboiled and of cow's preferably. The quantity of milk should be double the quantity of curd.
Mix well.
Panchamrit is ready.