The completed cake was moist. Since I added the rum soaked fruits, the cake was tasting better the next day and the next. If you plan to frost and decorate, the cake needs to be consumed within 2 -3 days of preparing. If you are planning to just make a bright red fruit cake :) , you might want to leave the cake covered in plastic on your kitchen counter top for 5 days, as the taste will increase day by day :)
Here goes my version of the recipe:
Ingredients:
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For the Red Velvet Fruit Cake:
2 1/2 cups sifted cake flour (If you don't have cake flour, follow this link which gives an easy way for substituting cake flour )
1 teaspoon baking powder
1/2 teaspoon salt
2 tablespoons Cocoa powder
1/2 cup unsalted butter, at room temperature
1 1/2 cups granulated white sugar
Rum soaked fruit peels (the original recipe doesn't call for Fruit peels, but I had a lot of these fruit peels left, hence I decided to use it up. Its optional though)
2 large eggs
1 teaspoon pure vanilla extract
1 cup buttermilk
2 tablespoons liquid red food coloring
1 teaspoon white distilled vinegar
1 teaspoon baking soda
Sweetened dessicated Coconut for topping
For the Coconut- Cream Cheese frosting:
1 packet (8 oz) (227 grams) (1-8 ounce) Cream cheese at room temperature
1/2 cup (8 tablespoons) unsalted butter at room temperature
1 tablespoon vanilla extract
1 cup powdered sugar
1/2 cup sweetened dessicated coconut
Method:
For the Red Velvet Fruit Cake:
Preheat oven to 350 degrees F (175 degrees C) and place rack in center of oven. Butter and flour two same size round cake pans (I used the aluminium foil pie pans (Hefty brand) and line the bottoms of the pans with parchment paper (grease the parchment paper too). Set aside.
In a mixing bowl sift together flour (half of the flour), baking powder, salt, and cocoa powder. Set aside.
Beat the butter until soft (about 1-2 minutes)(I used my hand, you may use a electric mixer, hand mixer). Add the sugar and beat until light and fluffy (about 2-3 minutes). Add the eggs, one at a time, beating well after each addition. Add the vanilla extract and beat until combined.
Mix the buttermilk with the red food coloring. Using your hand, or with the mixer on low speed, Alternately add the flour mixture and buttermilk, in three additions, beginning and ending with the flour.
Combine the rest half of the flour with the fruit peels, toss them lightly until well coated (This helps the even distribution of the fruit peels in the cake batter) and mix it with the cake batter.
The next 2 steps requires some fastness:
1) In a small cup combine the vinegar and baking soda. Allow the mixture to fizz and then quickly fold into the cake batter.
2) Working quickly, divide the batter evenly between the two prepared pans and smooth the tops with the back of a spoon.
Bake in the preheated oven for approximately 25 - 30 minutes, or until a toothpick inserted in the center of the cakes comes out clean.
Cool the cakes in their pans on a wire rack for 20 minutes. Then invert the cake and place each cake in a different plate and cover the cake with plastic and refrigerate at least for 2 hours. This is to help frost the cake layers better when it is cool. I frosted the cakes the next day.
For the Coconut Cream Cheese Frosting:
Beat the butter and Cream Cheese until well combines and soft. Then add the sugar and combine well until fluffy. Add the coconut. Mix well.
Assembling the cake:
First cut each cake layer further into two horizontally, with a knife. Now you will have 4 cake layers.
In a serving plate, place parchment paper to cover the top of the plate. This is to ensure a clean appearance of the cake in the serving plate without the mess of the frosting as the parchment paper can be removed once the cake is frosted and decorated.
Then place one cake of the cake layer, top of the cake facing down, on the serving plate. Frost the cake's top surface with the frosting. Then add another cake layer in the same way on top of frosted cake and continue frosting this cake (meanwhile lightly frost the sides of the cake too with the excess frosting on the top)
Cover the cake with sweetened coconut.
This makes a 4 layer cake.
I am sending this to:

My Kitchen Treasures's Homemade Christmas Gift Event

Purva Daawat's Christmas Feast Event
Maninas's Eating with the seasons: December event
I am also sending this to (Food In Color)FIC-WHITE event started by Sunshinemom of ToungueTicklers and hosted by Yummy Food .