-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 T4aF56CXygYCxtKH+IZswHmDKflWp4RD5tMzwj91b6Wke5P+/wW+zyhHiE1BlEj7
 haTQDGrn+qgBQgIwYOFRsw==

<SEC-DOCUMENT>0000948046-03-000016.txt : 20031229
<SEC-HEADER>0000948046-03-000016.hdr.sgml : 20031225
<ACCEPTANCE-DATETIME>20031229130447
ACCESSION NUMBER:		0000948046-03-000016
CONFORMED SUBMISSION TYPE:	3/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030225
FILED AS OF DATE:		20031229

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DEUTSCHE BANK AG\
		CENTRAL INDEX KEY:			0000948046
		STATE OF INCORPORATION:			I8

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-06111
		FILM NUMBER:		031074875

	BUSINESS ADDRESS:	
		STREET 1:		TAUNUSANLAGE 12 D-60325
		CITY:			FRANKFURT AM MAIN GE
		STATE:			I8

	MAIL ADDRESS:	
		STREET 1:		TAUNUSANLAGE 12 D-60325
		CITY:			FRANKFURT AM MAIN
		STATE:			I8

ISSUER:		

	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

	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:		4147655307

	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>3/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>

<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>3/A</documentType>

    <periodOfReport>2003-02-25</periodOfReport>

    <dateOfOriginalSubmission>2003-12-29</dateOfOriginalSubmission>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000863900</issuerCik>
        <issuerName>MEXICO EQUITY &amp; INCOME FUND INC</issuerName>
        <issuerTradingSymbol>MXE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000948046</rptOwnerCik>
            <rptOwnerName>DEUTSCHE BANK AG\</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>TAUNUSANLAGE 12 D-60325</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>FRANKFURT AM MAIN</rptOwnerCity>
            <rptOwnerState>I8</rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription>GERMANY (WEST)</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>

        <nonDerivativeHolding>
            <securityTitle>
                <value>The Mexico Equity &amp; Income Fund, Inc.</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>248350</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>

    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">This information identifying the beneficial ownership position of the Reporting Person is for the date of February 25, 2003.  The Reporting Persons beneficial ownership of the Issuers Common Stock, as of the date of this Form 3 filing, is approximately 359,650 shares.

This Form 3 filing is being made concurrently with a Schedule 13G filing and Form 4 filing, and all filings are being submitted in connection with an oversight by the Reporting Person.  In particular, a tender offer completed by the Issuer on March 20, 2002, reduced the number of shares of Common Stock outstanding and thus served to increase the Reporting Persons beneficial ownership position.  Due to an unintentional and inadvertent oversight, the reduction in shares outstanding was not timely taken into account by the Reporting Person. To rectify this oversight, the Reporting Person is submitting the necessary corrective filings.</footnote>
    </footnotes>


    <ownerSignature>
        <signatureName>Jeffrey A Ruiz</signatureName>
        <signatureDate>2003-12-29</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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