    <SEC-DOCUMENT>0000898531-17-000222-index.html : 20170410
    <SEC-HEADER>0000898531-17-000222.hdr.sgml : 20170410
    <ACCEPTANCE-DATETIME>20170410123922
    ACCESSION NUMBER:		0000898531-17-000222
    CONFORMED SUBMISSION TYPE:	N-CSRS
    PUBLIC DOCUMENT COUNT:		38
    CONFORMED PERIOD OF REPORT:	20170131
    FILED AS OF DATE:		20170410
    DATE AS OF CHANGE:		20170410
    EFFECTIVENESS DATE:		20170410

    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-CSRS
    		SEC ACT:		1940 Act
    		SEC FILE NUMBER:	811-06111
    		FILM NUMBER:		17752562

    	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-CSRS
    <SEQUENCE>1
    <FILENAME>tmeaif-ncsrs.htm
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND SEMIANNUAL REPORT 1-31-17
    <TEXT>
    Document 1 - file: tmeaif-ncsrs.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>pichardo-logo.jpg
    <DESCRIPTION>PICHARDO ASSET MANAGEMENT LOGO
    <TEXT>
    Document 4 - file: pichardo-logo.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>5
    <FILENAME>tmeaif-ltrchart1.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 1
    <TEXT>
    Document 5 - file: tmeaif-ltrchart1.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>6
    <FILENAME>tmeaif-ltrchart2.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 2
    <TEXT>
    Document 6 - file: tmeaif-ltrchart2.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>7
    <FILENAME>tmeaif-ltrchart3.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 3
    <TEXT>
    Document 7 - file: tmeaif-ltrchart3.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>8
    <FILENAME>tmeaif-ltrchart4.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 4
    <TEXT>
    Document 8 - file: tmeaif-ltrchart4.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>9
    <FILENAME>tmeaif-ltrchart5.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 5
    <TEXT>
    Document 9 - file: tmeaif-ltrchart5.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>10
    <FILENAME>tmeaif-ltrchart6.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 6
    <TEXT>
    Document 10 - file: tmeaif-ltrchart6.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>11
    <FILENAME>tmeaif-ltrchart7.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 7
    <TEXT>
    Document 11 - file: tmeaif-ltrchart7.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>12
    <FILENAME>tmeaif-ltrchart8.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 8
    <TEXT>
    Document 12 - file: tmeaif-ltrchart8.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>13
    <FILENAME>tmeaif-ltrchart9.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 9
    <TEXT>
    Document 13 - file: tmeaif-ltrchart9.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>14
    <FILENAME>tmeaif-ltrchart10.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 10
    <TEXT>
    Document 14 - file: tmeaif-ltrchart10.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>15
    <FILENAME>tmeaif-ltrchart11.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 11
    <TEXT>
    Document 15 - file: tmeaif-ltrchart11.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>16
    <FILENAME>tmeaif-ltrchart12.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 12
    <TEXT>
    Document 16 - file: tmeaif-ltrchart12.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>17
    <FILENAME>tmeaif-ltrchart13.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 13
    <TEXT>
    Document 17 - file: tmeaif-ltrchart13.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>18
    <FILENAME>tmeaif-ltrchart14.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 14
    <TEXT>
    Document 18 - file: tmeaif-ltrchart14.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>19
    <FILENAME>tmeaif-ltrchart15.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 15
    <TEXT>
    Document 19 - file: tmeaif-ltrchart15.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>20
    <FILENAME>tmeaif-ltrchart16.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 16
    <TEXT>
    Document 20 - file: tmeaif-ltrchart16.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>21
    <FILENAME>tmeaif-ltrchart17.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 17
    <TEXT>
    Document 21 - file: tmeaif-ltrchart17.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>22
    <FILENAME>tmeaif-ltrchart18.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 18
    <TEXT>
    Document 22 - file: tmeaif-ltrchart18.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>23
    <FILENAME>tmeaif-ltrchart19.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 19
    <TEXT>
    Document 23 - file: tmeaif-ltrchart19.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>24
    <FILENAME>tmeaif-ltrchart20.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 20
    <TEXT>
    Document 24 - file: tmeaif-ltrchart20.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>25
    <FILENAME>tmeaif-ltrchart21.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 21
    <TEXT>
    Document 25 - file: tmeaif-ltrchart21.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>26
    <FILENAME>tmeaif-ltrchart22.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 22
    <TEXT>
    Document 26 - file: tmeaif-ltrchart22.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>27
    <FILENAME>tmeaif-ltrchart23.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 23
    <TEXT>
    Document 27 - file: tmeaif-ltrchart23.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>28
    <FILENAME>tmeaif-ltrchart24.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 24
    <TEXT>
    Document 28 - file: tmeaif-ltrchart24.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>29
    <FILENAME>tmeaif-ltrchart25.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 25
    <TEXT>
    Document 29 - file: tmeaif-ltrchart25.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>30
    <FILENAME>tmeaif-ltrchart26.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 26
    <TEXT>
    Document 30 - file: tmeaif-ltrchart26.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>31
    <FILENAME>tmeaif-ltrchart27.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 27
    <TEXT>
    Document 31 - file: tmeaif-ltrchart27.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>32
    <FILENAME>tmeaif-ltrchart28.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 28
    <TEXT>
    Document 32 - file: tmeaif-ltrchart28.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>33
    <FILENAME>tmeaif-ltrchart29.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 29
    <TEXT>
    Document 33 - file: tmeaif-ltrchart29.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>34
    <FILENAME>tmeaif-ltrchart30.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 30
    <TEXT>
    Document 34 - file: tmeaif-ltrchart30.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>35
    <FILENAME>tmeaif-ltrchart31.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 31
    <TEXT>
    Document 35 - file: tmeaif-ltrchart31.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>36
    <FILENAME>tmeaif-ltrchart32.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 32
    <TEXT>
    Document 36 - file: tmeaif-ltrchart32.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>37
    <FILENAME>tmeaif-ltrchart33.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND LETTER CHART 33
    <TEXT>
    Document 37 - file: tmeaif-ltrchart33.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>38
    <FILENAME>tmeaif-piechart.jpg
    <DESCRIPTION>THE MEXICO EQUITY AND INCOME FUND PIE CHART
    <TEXT>
    Document 38 - file: tmeaif-piechart.jpg

    </DOCUMENT>
    </SEC-DOCUMENT>