THE PRESENT INVENTION PROVIDES AN EMULSIFIED FATS AND OILS COMPOSITION CONTAINING THE FOLLOWING COMPONENTS (A) AND (B)) AT A WEIGHT RATIO OF (B)/(A) OF 1.5 TO 4: (A): AN OIL PHASE CONTAINING 10 TO 50% BY WEIGHT OF TRIACYLGLYCEROL, 10 TO 50% BY WEIGHT OF ORGANIC ACID MONOACYLGLYCEROL ESTER, 5 TO 30% BY WEIGHT OF DIACYLGLYCEROL, 5 TO 30% BY WEIGHT OF MONOACYLGLYCEROL (EXCLUDING THE ORGANIC ACID MONOACYLGLYCEROL ESTER) AND 1 TO 15% BY WEIGHT OF PHOSPHOLIPID AND (B): AN AQUEOUS PHASE CONTAINING 39 TO 70% BY WEIGHT OF SUGARS AND 20 TO 60% BY WEIGHT OF WATER AND 1 TO 10% BY WEIGHT OF EMULSIFIER HAVING HLB OF NOT LESS THAN 11.