Provided is a multicolor dispersion comprising a protective composition and two or more colorant dispersions, wherein the protective composition comprises (1) an aqueous dispersion of polymer particles comprising from 89％ to 99.45％ by weight, based on the total dry weight of the protective composition, of polymer particles, wherein the aqueous dispersion of polymer particles further comprises from 0.33％ to 2％ by weight, based on the total dry weight of the polymer, of an anionic stabilizer monomer represented by the following Formula (I), wherein R 1 is a linkage group between R 2 and a vinyl group, R 2 is ethylene or propene or butylene, n is from 0 to 50, M is a counter salt of potassium, sodium, ammonium or lithium; wherein the aqueous dispersion of polymer particles further comprises from 0.33％ to 5％ by weight, based on the total dry weight of the polymer, of a non-reactive anionic surfactant having an ethylene oxide chain length of less than 11; and (2) from 0.5％ to 10％ by weight, based o
