The present invention is directed to a composition containing: an aqueous dispersion comprising (a) particles having a volume-basis particle size distribution with peaks in the range of equal to or greater than 1 μm up to about 100 μm wherein the particles comprise an oil gellant comprising a styrenic block copolymer, and a fatty substance selected from a wax having a melting point of greater than 35° C., anoil, and mixtures thereof; (b) a surfactant mixture comprising a nonionic surfactant and an ionic surfactant; and (c) water; and a carrier. The composition and aqueous dispersion are capable of delivering benefits to various substrates, for example, keratinous substrates such as skin and hair.