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      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <issuerCredentials>
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        <confirmingCopyFlag>false</confirmingCopyFlag>
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    <generalInfo isReportPeriodLt12="N" reportEndingPeriod="2025-10-31"/>
    <registrantInfo>
      <registrantFullName>MEXICO FUND INC</registrantFullName>
      <investmentCompFileNo>811-02409</investmentCompFileNo>
      <registrantCik>0000065433</registrantCik>
      <registrantLei>00000000000000238096</registrantLei>
      <registrantstreet1>6700 ALEXANDER BELL DRIVE, SUITE 200</registrantstreet1>
      <registrantcity>COLUMBIA</registrantcity>
      <registrantzipCode>21046</registrantzipCode>
      <registrantstate>US-MD</registrantstate>
      <registrantcountry>US</registrantcountry>
      <registrantphoneNumber>525591383345</registrantphoneNumber>
      <websites>
        <website webpage="WWW.THEMEXICOFUND.COM"/>
      </websites>
      <locationBooksRecords>
        <locationBooksRecord>
          <officeName>IMPULSORA DEL FONDO MEXICO, SC</officeName>
          <officeAddress1>ARISTOTELES 77 - 3RD FLOOR</officeAddress1>
          <officeAddress2>COL. POLANCO CHAPULTEPEC</officeAddress2>
          <officeCity>CDMX</officeCity>
          <officeCountry>MX</officeCountry>
          <officeRecordsZipCode>11560</officeRecordsZipCode>
          <officePhone>525591383345</officePhone>
          <booksRecordsDesc>BOOK AND RECORDS OF THE FUND AS REQUIRED TO BE MANTAINED BY THE INVESTMENT COMPANY ACT.</booksRecordsDesc>
        </locationBooksRecord>
      </locationBooksRecords>
      <isRegistrantFirstFiling>N</isRegistrantFirstFiling>
      <isRegistrantLastFiling>N</isRegistrantLastFiling>
      <isRegistrantFamilyInvComp>N</isRegistrantFamilyInvComp>
      <registrantClassificationType>N-2</registrantClassificationType>
      <isSecuritiesActRegistration>Y</isSecuritiesActRegistration>
      <directors>
        <director>
          <directorName>EMILIO CARRILLO GAMBOA</directorName>
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        <director>
          <directorName>LUIS DE LA CALLE</directorName>
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          <directorName>JONATHAN DAVIS ARZAC</directorName>
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            <fileNumberInfo fileNumber="N/A"/>
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        <director>
          <directorName>REGINA GARCIA-CUELLAR</directorName>
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          <fileNumbers>
            <fileNumberInfo fileNumber="N/A"/>
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        <director>
          <directorName>CLAUDIA JANEZ</directorName>
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        <director>
          <directorName>ALBERTO OSORIO</directorName>
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        <director>
          <directorName>RICHARD B. VAUGHAN</directorName>
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            <fileNumberInfo fileNumber="N/A"/>
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      </directors>
      <chiefComplianceOfficers>
        <chiefComplianceOfficer>
          <ccoName>JORGE ALAMILLO</ccoName>
          <crdNumber>N/A</crdNumber>
          <ccoStreet1>ARISTOTELES 77 - 3RD FLOOR</ccoStreet1>
          <ccoStreet2>COL. POLANCO CHAPULTEPEC</ccoStreet2>
          <ccoCity>CDMX</ccoCity>
          <ccoCountry>MX</ccoCountry>
          <ccoZipCode>11560</ccoZipCode>
          <ccoPhone>XXXXXX</ccoPhone>
          <isCcoChangedSinceLastFiling>N</isCcoChangedSinceLastFiling>
          <ccoEmployers>
            <ccoEmployer ccoEmployerId="N/A" ccoEmployerName="N/A"/>
          </ccoEmployers>
        </chiefComplianceOfficer>
      </chiefComplianceOfficers>
      <securityMatterSeriesInfo isRegistrantSubmittedMatter="Y">
        <seriesInfo seriesName="MXF" seriesId="N/A"/>
      </securityMatterSeriesInfo>
      <isPreviousLegalProceeding>N</isPreviousLegalProceeding>
      <isPreviousProceedingTerminated>N</isPreviousProceedingTerminated>
      <isClaimFiled>N</isClaimFiled>
      <coveredByInsurancePolicy isCoveredByInsurancePolicy="Y" isClaimFiledDuringPeriod="N"/>
      <isFinancialSupportDuringPeriod>N</isFinancialSupportDuringPeriod>
      <isExemptionFromAct>N</isExemptionFromAct>
      <principalUnderwriters>
        <principalUnderwriter>
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          <principalUnderwriterFileNumber>008-0000000</principalUnderwriterFileNumber>
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          <principalUnderwriterLei>N/A</principalUnderwriterLei>
          <principalUnderWriterCountry>MX</principalUnderWriterCountry>
          <isPrincipalUnderwriterAffiliatedWithRegistrant>N</isPrincipalUnderwriterAffiliatedWithRegistrant>
        </principalUnderwriter>
      </principalUnderwriters>
      <isUnderwriterHiredOrTerminated>N</isUnderwriterHiredOrTerminated>
      <publicAccountants>
        <publicAccountant>
          <publicAccountantName>TAIT, WELLER &amp; BAKER LLP</publicAccountantName>
          <pcaobNumber>445</pcaobNumber>
          <publicAccountantLei>N/A</publicAccountantLei>
          <publicAccountantStateCountry publicAccountantState="US-PA" publicAccountantCountry="US"/>
        </publicAccountant>
      </publicAccountants>
      <isPublicAccountantChanged>N</isPublicAccountantChanged>
      <isMaterialWeakness>N</isMaterialWeakness>
      <isOpinionOffered>N</isOpinionOffered>
      <isMaterialChange>N</isMaterialChange>
      <isAccountingPrincipleChange>N</isAccountingPrincipleChange>
      <paymentDividendSeries isPaymentDividend="Y">
        <seriesInfo seriesName="N/A" seriesId="N/A"/>
      </paymentDividendSeries>
    </registrantInfo>
    <managementInvestmentQuestionSeriesInfo>
      <managementInvestmentQuestion>
        <mgmtInvFundName>THE MEXICO FUND INC</mgmtInvFundName>
        <mgmtInvLei>00000000000002380966</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="N/A" sharesOutstandingClassId="C000000000" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundType>N/A</fundType>
        <isNonDiversifiedCompany>Y</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>N/A</securitiesAgentName>
            <securitiesAgentLei>N/A</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <isSecurityAgentIdemnity>N</isSecurityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="N/A" collateralManagerLei="N/A" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 23c-1 (17 CFR 270.23c-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>Y</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>IMPULSORA DEL FONDO MEXICO SC</investmentAdviserName>
            <investmentAdviserFileNo>801-016054</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000105298</investmentAdviserCrdNo>
            <investmentAdviserLei>N/A</investmentAdviserLei>
            <investmentAdviserCountry>MX</investmentAdviserCountry>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
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        </investmentAdvisers>
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            <investmentAdviserTerminatedName>N/A</investmentAdviserTerminatedName>
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            <investAdviserTerminatedLei>N/A</investAdviserTerminatedLei>
            <investmentAdviserTerminatedCountry>MX</investmentAdviserTerminatedCountry>
            <investAdviserTerminationDate>2025-10-31</investAdviserTerminationDate>
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            <subAdviserTerminatedName>N/A</subAdviserTerminatedName>
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            <subAdviserTerminationDate>2025-10-31</subAdviserTerminationDate>
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        </subAdvisersTerminated>
        <transferAgents>
          <transferAgent>
            <transferAgentName>EQUINITI TRUST COMPANY LLC</transferAgentName>
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            <transferAgentLei>254900TS5EWP83BEOU02</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-NY" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>N/A</pricingServiceName>
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        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
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          <custodian>
            <custodianName>BBVA MEXICO SA</custodianName>
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            <isSubCustodian>N</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
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            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-NY" shareholderServiceAgentCountry="US"/>
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            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
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        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
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          <admin>
            <adminName>IFM CAPITAL LLC</adminName>
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            <idNumberDesc>EMPLOYER IDENTIFICATION NUMBER (EIN)</idNumberDesc>
            <adminStateCountry adminState="US-UT" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>CITIBANAMEX CASA DE BOLSA SA DE CV CASA DE BOLSA</brokerDealerName>
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            <brokerDealerCrdNo>000000000</brokerDealerCrdNo>
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            <brokerDealerCommission>18135</brokerDealerCommission>
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          <brokerDealer>
            <brokerDealerName>SCOTIA INVERLAT CASA DE BOLSA SA DE CV</brokerDealerName>
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          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>GRUPO BURSATIL MEXICANO SA DE CV</brokerDealerName>
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          <brokerDealer>
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        </brokers>
        <aggregateCommission>63134</aggregateCommission>
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          <principalTransaction>
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            <principalTotalPurchaseSale>0</principalTotalPurchaseSale>
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        <principalAggregatePurchase>0</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>279969186</mnthlyAvgNetAssets>
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    </managementInvestmentQuestionSeriesInfo>
    <closedEndManagementInvestment>
      <securityRelatedItems>
        <securityRelatedItem>
          <description>Common stock</description>
          <securityClassTitle>COMMON STOCK</securityClassTitle>
          <commonStocks>
            <commonStock commonStockExchange="XNYS" commonStockTickerSymbol="MXF"/>
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        </securityRelatedItem>
      </securityRelatedItems>
      <isRightsOffering>N</isRightsOffering>
      <isSecondaryOffering>N</isSecondaryOffering>
      <isRepurchaseSecurity>N</isRepurchaseSecurity>
      <isDefaultLongTermDebt>N</isDefaultLongTermDebt>
      <isDividendsInArrears>N</isDividendsInArrears>
      <isSecuritiesModified>N</isSecuritiesModified>
      <managementFee>0.84</managementFee>
      <netOperatingExpenses>1.36</netOperatingExpenses>
      <marketPricePerShare>19.39</marketPricePerShare>
      <netAssetValuePerShare>22.02</netAssetValuePerShare>
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      <isIPAReportInternalControl>true</isIPAReportInternalControl>
      <isChangeAccPrinciples>false</isChangeAccPrinciples>
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      <isMaterialAmendments>false</isMaterialAmendments>
      <isInstDefiningRights>false</isInstDefiningRights>
      <isNewOrAmendedInvAdvContracts>false</isNewOrAmendedInvAdvContracts>
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      <isCodeOfEthics>false</isCodeOfEthics>
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    <signature registrantSignedName="MEXICO FUND INC" signature="TOFI DAYAN" signedDate="2025-12-30" title="TREASURER"/>
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