Coconut oil is also full of Caprylic acid which is known to have antifungal properties. Since it is not water-soluble, it has an easier time attacking the wet membranes that protect fungal cells. It is because of these amazing ingredients in coconut oil that it’s used for a variety of topical reasons including skin moisturizer, makeup remover, sunscreen, lip balm, mosquito repellant, first aid cream, shaving cream, eczema, baby acne, bath oil, toothpaste and more!