An object of the present invention is to provide an oil and fat composition excellent in feel of milk and milk flavor and a method for manufacturing the same. The oil and fat composition of the present invention comprises milk fat of 50 mass% or more and 100 mass% or less and a pentanal/ hexanal (molar ratio) based on a volatile component at 180℃ of 0.15 or more and 0.70 or less. Also, the method for manufacturing the oil and fat composition of the present invention comprises a step of heating a raw material oil and fat composition containing milk fat of 50 mass% or more and 100 mass% or less while supplying oxygen, to obtain an oxidized fat and oil composition having a pentanal/ hexanal (molar ratio) based on a volatile component at 180℃ of 0.15 or more and 0.70 or less.
