In a large mixing bowl, whisk the instant pudding mix with the cold milk until thickened, about 2 minutes.
Fold in Whipped Topping:
Gently fold the whipped topping into the pudding mixture until smooth and creamy.
Add the Fruits and Mix-ins:
Add the banana slices, chopped pineapple, strawberries, mini marshmallows, and nuts (if using) to the pudding mixture. Gently stir to combine.
Assemble the Dessert:
Transfer the mixture to a serving dish or individual cups. Drizzle chocolate syrup over the top and garnish with maraschino cherries.
Chill and Serve:
Refrigerate for at least 1 hour before serving to let the flavors meld together. Serve cold and enjoy!
Serving and Storage Tips:
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