Disclosed is an anionic shampoo and conditioning composition comprising an oily conditioning agent, a shampooing agent, a acrylate copolymer, a cationic conditioning agent, and water. In another embodiment the composition further comprises a C.sub.8 to C.sub.18 fatty acid. The composition provides enhanced conditioning properties utilizing both oily and cationic conditioning agents in combination with an anionic acrylate copolymer while maintaining stability and dispersion.