A new kind of nano/microscale lead-free multiferroic composite with a formal of 0.4CoFe(2)O(4)-0.6[0.948(K0.5Na0.5)NbO3-0.052LiSbO(3)] was prepared. The electric-field-induced dielectric (EID) and magnetization (EIM) behaviors were systemically investigated for this 0-3-type structured multiferroic ME composite. Significant electric-field-induced effects were obtained with a high tunability and a large EIM coefficient, which the former has a value of K = 3.35% under the low dc electric-field of 2 kV/cm and the later is in excess of 2.15 x 10(-10) s/m at a low frequency of 1.0 kHz with a low magnetic bias field of 2000 Oe for this composite. It is also proved that its EIM behavior is strongly dependent on the bias magnetic field H (Bias) and the frequency of driving electric-field. The measured EIM has an excellent linear relationship with the applied ac electric-field with amplitude varying from 7.1 to 73.6 V/cm. The electric-field-induced effects indicate that the 0-3-type particulate ME composites not only have physical interest but also have potential practical use.