The invention relates to a low fat, pure vegetarian nutritious frozen dessert and a process for producing the same. The frozen dessert does not contain any synthetic ingredient or artificial colour, flavour or preservative. In one embodiment of the invention the frozen dessert is sugar free, thus it is very suitable for consumption by the diabetic persons or individuals who wants to avoid sugar from their diets. The frozen dessert of the present invention has low fat content and high nutritional value still having texture and organoleptic properties comparable with that of the conventional frozen desserts.