8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  December 31, 2012

The Mexico Fund, Inc.

(Exact name of registrant as specified in its charter)

Maryland	81102409	13 306 9854
(Sate or other	(Commission	I.R.S. Employer
jurisdiction	File Number)	Identification No.)
of incorporation

1775 I Street, NW, Suite 1100

Washington, DC 20006

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code:

(202) 261-7941

(none)

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01                      Regulation FD Disclosure

Pursuant to Regulation FD Rules 100-103, The Mexico Fund, Inc. (the “Fund”) furnishes the Monthly Summary Report of the Fund’s Investment Adviser.

Item 9.01                      Financial Statements and Exhibits

(d)            Exhibits

The following exhibit is filed as part of this report:

(i)          December 2012 Monthly Summary Report

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	The Mexico Fund, Inc.
Date:  January 8, 2013	By:	/s/ Sander M. Bieber
		Sander M. Bieber
		Assistant Secretary

EX-99

The Mexico Fund, Inc.

Monthly Summary Report
December 2012

Prepared By:

Impulsora del Fondo México, sc
Investment Advisor to the Fund

www.themexicofund.com

The information presented in this report has been derived from the sources indicated. Neither The Mexico Fund, Inc. nor its Adviser, Impulsora del Fondo México, S.C., has independently verified or confirmed the information presented herein.

 December  31, 2012

I. The Mexico Fund Data	End of  Month	One Month Earlier	One Year Earlier
Total  Net Assets1 (million US$)	$411.72	$393.61	$318.53
NAV per share	$30.81	$29.46	$23.84
Closing price NYSE2	$29.02	$27.71	$21.85
% Premium (Discount)	(5.81%)	(5.94%)	(8.35%)
Shares traded per month2 (composite figures)	872,598	489,673	475,653
Outstanding shares3	13,362,856	13,362,856	13,362,856
Shares on Short Interest Position2	9,143	58,204	23,998

Note: Past performance is no guarantee of future results.

II. Performance4	1 Month	3 Months	6 Months	1 Year
Market price	7.08%	12.40%	24.42%	45.40%
NAV per share	6.74%	10.86%	18.58%	40.53%
Bolsa Index	5.40%	6.99%	13.01%	27.80%
MSCI Mexico Index	5.53%	6.47%	12.82%	28.20%
	2 Years	3 Years	5 Years	10 Years
Market price	27.97%	82.69%	48.89%	583.33%
NAV per share	19.14%	62.83%	27.51%	535.08%
Bolsa Index	8.84%	38.59%	25.66%	479.35%
MSCI Mexico Index	11.15%	40.36%	20.04%	397.29%

______________________________

1Source: Impulsora del Fondo México, S.C. (Impulsora). Impulsora utilizes the spot exchange rate, provided by Bloomberg, to calculate the Fund's Net Asset Value per share (NAV). The NAV is published every business day on the Fund’s website www.themexicofund.com.

2Source: NYSE Euronext. Short interest position as of first fortnight of every month.

3 During December 2012, the Fund did not repurchase any of its own shares in the open market.

4 Sources: Lipper, Inc., Bloomberg and Impulsora del Fondo México, S.C. Periods ended on the last US business day of the date of this report. Performance figures for the Fund take into account the reinvestment of distributions; however, performance figures for the Bolsa Index and MSCI Mexico Index do not.

III. The Mexican Stock Exchange	End of Month	One Month Earlier	One Year Earlier
Bolsa Index5	43,705.83	41,833.52	37,077.52
Daily avg. of million shares traded	324.1	364.1	244.8
Valuation Ratios6: P/E	19.29	18.46	19.65
P/BV	3.15	3.01	2.72
EV/EBITDA	9.63	9.32	8.61
Market capitalization (billion US$)	$577.74	$556.11	$457.02

IV. The Mexican Economy.	End of Month	One Month Earlier	One Year Earlier
Treasury Bills7
One month	4.05%	4.29%	4.34%
Six months	4.47%	4.64%	4.52%
One year	4.61%	4.76%	4.57%
Long-term Bonds
Three years	4.94%	4.99%	5.00%
Five years	5.05%	5.20%	5.30%
Ten years	N.A.	5.52%	6.46%
20 years	6.28%	6.34%	7.60%
30 years	6.42%	6.52%	7.76%
Currency Market8
Exchange Rate  (Ps/US$)	Ps. 12.8533	Ps. 12.9667	Ps. 13.9357
	Month	Year to Date	Last 12 Months
Inflation Rates on Previous Month
Consumer Price Index9 (CPI)	0.68%	3.335	4.18%

______________________________

5Source: Mexican Stock Exchange

6Source: Impulsora del Fondo México, S.C. Figures represent the average obtained from a representative sample of companies listed on the Bolsa. P/E refers to Price/Earnings, P/BV refers to Price/Book Value and EV/EBITDA refers to Enterprise Value/Earnings Before Interests, Taxes, Depreciation and Amortization.

7Monthly average of weekly auctions as published by Banco de México. N.A. means no auction for such instrument was scheduled for this month.

        8 Sources: Bloomberg and Banco de México

9Source: Banco de México

V. Economic Comments.

According to results of the monthly poll conducted during December 2012 by Mexico’s Central Bank (Banxico), economic analysts of the private sector estimate that Mexico’s gross domestic product (GDP) will increase 3.87% during 2012 and 3.45% during 2013. The inflation rate is estimated by analysts to be 4.00% for 2012 and 3.69% for 2013. The exchange rate of the peso against the dollar is expected to end 2013 at Ps. 12.69 and at Ps. 12.72 towards the end of 2014, while the interest rate for the 28-day Cetes (Treasury Bills) is estimated to be 4.53% and 5.13% for the same periods. The complete results of this and past polls are available at Banxico’s website, located at www.banxico.org.mx.

VI. Portfolio of Investments As of December 31, 2012 (Unaudited)

Shares				Percent of
Held	COMMON STOCK - 98.37%	Value		Net Assets
	Airports
1,000,000	Grupo Aeroportuario del Sureste, S.A.B. de C.V. Series B	$11,390,071	2.77%
	Beverages
1,194,000	Arca Continental, S.A.B. de C.V.	8,926,226	2.17
430,000	Coca-Cola Femsa, S.A.B. de C.V. Series L	6,401,173	1.56
3,300,000	Fomento Económico Mexicano, S.A.B. de C.V. Series UBD	33,199,490	8.06
425,000	Grupo Modelo, S.A.B. de C.V. Series C	3,836,252	0.93
		52,363,141	12.72
	Building Materials
22,000,000	Cemex, S.A.B. de C.V. Series CPO	21,737,608	5.28
	Chemical Products
3,300,000	Alpek, S.A.B. de C.V. Series A	8,942,373	2.17
3,630,396	Mexichem, S.A.B. de C.V.	20,367,365	4.95
		29,309,738	7.12
	Construction and Infrastructure
3,000,000	Empresas ICA, S.A.B. de C.V.	7,513,246	1.83
2,200,000	OHL México, S.A.B. de C.V.	4,861,008	1.18
		12,374,254	3.01
	Consumer Products
6,000,000	Kimberly-Clark de México, S.A.B. de C.V. Series A	15,385,932	3.74
	Financial Groups
1,470,000	Banregio Grupo Financiero, S.A.B. de C.V. Series O	6,736,247	1.64
2,840,000	Grupo Financiero Banorte, S.A.B. de C.V. Series O	18,438,689	4.48
3,720,000	Grupo Financiero Santander Mexicano, S.A.B de C.V. Series B	12,103,538	2.94
		37,278,474	9.06
	Food
4,700,000	Grupo Bimbo, S.A.B. de C.V. Series A	12,238,802	2.97
1,550,000	Grupo Herdez, S.A.B. de C.V.	4,787,486	1.16
		17,026,288	4.13
	Health Care
2,720,000	Genomma Lab Internacional, S.A.B. de C.V. Series B	5,626,944	1.37
	Holding Companies
12,090,000	Alfa, S.A.B. de C.V. Series A	25,754,024	6.26
1,620,000	Grupo Carso, S.A.B. de C.V. Series A1	7,883,656	1.91
		33,637,680	8.17
	Media
3,042,000	Grupo Televisa, S.A.B. Series CPO	16,152,778	3.92
	Mining
5,250,000	Grupo México, S.A.B. de C.V. Series B	19,095,291	4.64
74,000	Industrias Peñoles, S.A.B. de C.V.	3,747,584	0.91
		22,842,875	5.55

Shares				Percent of
Held	COMMON STOCK	Value		Net Assets
	Restaurants
2,000,000	Alsea, S.A.B. de C.V.	4,011,421	0.97
	Retail
2,550,000	Controladora Comercial Mexicana, S.A.B. de C.V. Series UBC	8,983,218	2.18
1,300,000	El Puerto de Liverpool, S.A.B. de C.V. Series C-1	13,705,663	3.33
2,740,000	Grupo Comercial Chedraui, S.A.B. de C.V. Series B	8,951,211	2.17
8,100,000	Wal-Mart de México, S.A.B. de C.V. Series V	26,675,873	6.48
		58,315,965	14.16
	Steel
358,500	Ternium, S.A.	8,442,808	2.05
	Stock Exchange
3,200,000	Bolsa Mexicana de Valores, S.A.B. de C.V. Series A	8,113,714	1.97
	Telecommunications Services
39,000,000	América Móvil, S.A.B. de C.V. Series L	45,210,179	10.98
250,000	NII Holdings, Inc.	1,782,422	0.43
		46,992,601	11.41
	Total Common Stock	$401,002,292	97.40%

	REAL ESTATE INVESTMENT TRUSTS – 0.97%
2,000,000	Macquaire México Real Estate Management S.A. de C.V. Series 12	3,991,193	0.97
	Total Real Estate Investment Trusts	$3,991,193	0.97%
	Total Equity Securities	$404,993,485	98.37%

Securities	SHORT-TERM SECURITIES – 3.81%
Principal Amount
	Repurchase Agreements
$7,604,077	BBVA Bancomer, S.A., 4.44%, dated 12/31/12, due 01/02/13 repurchase price $7,605,953 collateralized by Bonos del Gobierno Federal.	$7,604,077	1.85%
	Time Deposits
	Comerica Bank, 0.12%, dated 12/31/12, due 01/02/13	8,070,953	1.96
	Total Short-Term Securities	15,675,030	3.81
	Total Investments	420,668,515	102.18
	Liabilities in Excess of Other Assets	(8,948,888)	(2.18)
	Net Assets Equivalent to $30.81 per share on 13,362,856 shares of capital stock outstanding	$411,719,627	100.00%

VII. The Mexico Fund, Inc. Charts

VII. The Mexico Fund, Inc. Charts (continued)