    <SEC-DOCUMENT>0000898531-14-000392-index.html : 20141007
    <SEC-HEADER>0000898531-14-000392.hdr.sgml : 20141007
    <ACCEPTANCE-DATETIME>20141007112858
    ACCESSION NUMBER:		0000898531-14-000392
    CONFORMED SUBMISSION TYPE:	N-CSR
    PUBLIC DOCUMENT COUNT:		14
    CONFORMED PERIOD OF REPORT:	20140731
    FILED AS OF DATE:		20141007
    DATE AS OF CHANGE:		20141007
    EFFECTIVENESS DATE:		20141007

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			MEXICO EQUITY & INCOME FUND INC
    		CENTRAL INDEX KEY:			0000863900
    		IRS NUMBER:				133576061
    		STATE OF INCORPORATION:			MD
    		FISCAL YEAR END:			0731

    	FILING VALUES:
    		FORM TYPE:		N-CSR
    		SEC ACT:		1940 Act
    		SEC FILE NUMBER:	811-06111
    		FILM NUMBER:		141144750

    	BUSINESS ADDRESS:
    		STREET 1:		U.S. BANCORP FUND SERVICES, LLC
    		STREET 2:		615 EAST MICHIGAN STREET, LC-2
    		CITY:			MILWAUKEE
    		STATE:			WI
    		ZIP:			53202
    		BUSINESS PHONE:		4147654499

    	MAIL ADDRESS:
    		STREET 1:		U.S. BANCORP FUND SERVICES, LLC
    		STREET 2:		615 EAST MICHIGAN STREET, LC-2
    		CITY:			MILWAUKEE
    		STATE:			WI
    		ZIP:			53202

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	MEXICO CONVERTIBLE ADVANTAGE FUND INC
    		DATE OF NAME CHANGE:	19900807

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	MEXICO ADVANTAGE FUND INC
    		DATE OF NAME CHANGE:	19900805
    </SEC-HEADER>
    <DOCUMENT>
    <TYPE>N-CSR
    <SEQUENCE>1
    <FILENAME>tmeaif-ncsra.htm
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND ANNUAL REPORT 7-31-14
    <TEXT>
    Document 1 - file: tmeaif-ncsra.htm

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>EX-99.CERT
    <SEQUENCE>2
    <FILENAME>tmeaif-ex99cert302.htm
    <DESCRIPTION>CERTIFICATION 302
    <TEXT>
    Document 2 - file: tmeaif-ex99cert302.htm

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>EX-99.906 CERT
    <SEQUENCE>3
    <FILENAME>tmeaif-ex99cert906.htm
    <DESCRIPTION>CERTIFICATION 906
    <TEXT>
    Document 3 - file: tmeaif-ex99cert906.htm

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>4
    <FILENAME>pgoldstein-signature.jpg
    <DESCRIPTION>PHILLIP GOLDSTEIN SIGNATURE
    <TEXT>
    Document 4 - file: pgoldstein-signature.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>5
    <FILENAME>tmeaif-linechart1.jpg
    <DESCRIPTION>MXE'S NET ASSET VALUE PER SHARE CHART
    <TEXT>
    Document 5 - file: tmeaif-linechart1.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>6
    <FILENAME>tmeaif-chart1.jpg
    <DESCRIPTION>TOTAL ANNUAL AVERAGE DOLLAR RETURN 7-31-14 CHART
    <TEXT>
    Document 6 - file: tmeaif-chart1.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>7
    <FILENAME>tmeaif-chart2.jpg
    <DESCRIPTION>TOTAL ANNUAL AVERAGE DOLLAR RETURN 6-30-14 CHART
    <TEXT>
    Document 7 - file: tmeaif-chart2.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>8
    <FILENAME>tmeaif-linechart2.jpg
    <DESCRIPTION>MXE PREMIUM/DISCOUNT CHART
    <TEXT>
    Document 8 - file: tmeaif-linechart2.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>9
    <FILENAME>tmeaif-barchart.jpg
    <DESCRIPTION>GROSS DOMESTIC PRODUCT QUARTERLY CHART
    <TEXT>
    Document 9 - file: tmeaif-barchart.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>10
    <FILENAME>tmeaif-linechart3.jpg
    <DESCRIPTION>EMERGING MARKETS CURRENCIES CHART
    <TEXT>
    Document 10 - file: tmeaif-linechart3.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>11
    <FILENAME>tmeaif-linechart4.jpg
    <DESCRIPTION>MEXICO'S RISK PROFILE CHART
    <TEXT>
    Document 11 - file: tmeaif-linechart4.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>12
    <FILENAME>tmeaif-linechart5.jpg
    <DESCRIPTION>MEXBOL INDEX FORWARD 12M PRICE/EARNINGS CHART
    <TEXT>
    Document 12 - file: tmeaif-linechart5.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>13
    <FILENAME>epichardo-signature.jpg
    <DESCRIPTION>EUGENIA PICHARDO SIGNATURE
    <TEXT>
    Document 13 - file: epichardo-signature.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>14
    <FILENAME>tmeaif-piechart.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND PIE CHART
    <TEXT>
    Document 14 - file: tmeaif-piechart.jpg

    </DOCUMENT>
    </SEC-DOCUMENT>