A COMPOSITION, A PROCESS AND APPLICATIONS THEREOF� ABSTRACT The present disclosure relates to a composition comprising cereal, pulse, dairy product, oil, sugar and micronutrient, optionally along with at least one component selected from a group comprising amino acid and additive. The composition disclosed is having reduced fat content for increasing the lean muscle growth. The present disclosure further relates to a process for preparation of the composition. The disclosure also relates to the application of composition in conditions including but not limited to malnutrition such as moderate acute malnutrition and Severe Acute Malnutrition.