Water-dispersed resin composition

A water-dispersed resin composition comprising

• (i) water and
• (ii) a neutralized resin dispersed in water prepared by neutralizing a part or whole of the carboxyl groups in an alkyd resin produced by reacting
• (A) 0 to 60% by weight of one or more oils or fatty acids,
• (B) 10 to 60% by weight of tris(2-hydroxyethyl)isocyanurate and/or tris(hydroxymethyl)isocyanurate as a trihydric alcohol,
• (C) 0 to 50% by weight of one or more polyhydric alcohols having 2 to 6 hydroxyl groups in a molecule except for the component (B),
• (D) 0 to 20% by weight of one or more monobasic acids having 6 to 18 carbon atoms in a molecule except for the component (A),
• (E) 10 to 50% by weight of one or more polybasic acids having 4 to 10 carbon atoms in a molecule or acid anhydrides thereof, and
• (F) 2 to 15% by weight of polyoxyethylene glycol having a molecular weight of 600 to 20,000, wherein individual components are formulated in terms of the ratio of the number of hydroxyl groups/the number of carboxyl groups in the range of 1.0/l to 1.6/l, and said alkyd resin has an acid value of 30 or less.