Lite Peach Dessert

1 (16 oz.) can sliced peaches(water packed)

1 (12 oz.) can evaporated milk

1 (3 oz.) box sugar free vanilla pudding

1/8 tsp. nutmeg

Drain peaches and cut into small pieces and set aside. Add enough water to the evaporated milk to make 2 cups. Add pudding to milk and whip for 1 minute. Add peaches and nutmeg. Chill. To make this recipe Low Calorie, use sugar-free pudding, Lite peaches and Skimmed Evaporated milk