The invention discloses a waterproof anti-crack mortar composition. The composition specifically comprises quartz sand, cement, light calcium carbonate, hydroxypropyl methyl cellulose, segmented fibers, starch ether and redispersible rubber powder. According to the mortar, the hydroxypropyl methyl cellulose, the anti-cracking fibers, the starch ether and the redispersible rubber powder are used asauxiliary materials for improving the comprehensive performance of the mortar, so that the waterproof anti-crack mortar composition has remarkable waterproof, anti-cracking and anti-falling effects,and the service life of the mortar is more than three times that of traditional mortar. By using the method, the construction amount is reduced, the construction efficiency is improved, the labor costis reduced, and the cost is greatly reduced. Meanwhile, the product is simple to use, can be used by adding a proper amount of water and then stirring uniformly, is convenient and quick, is an idealnovel building material, and is very worthy of vigorous popularization.