Provided is a fat or oil composition, comprising the following components (A) and (B): (A) 0.4 to 6 mass of a free type triterpene alcohol and (B) 0.2 to 3 mass of a free type phytosterol containing 20 mass % or more of 3-sitosterol, in which a content mass ratio of the free type triterpene alcohol (A) to the free type phytosterol (B), [(A)/(B)], is 0.9 or more.