Fund Performance: Past and present performance of the fund heavily influence its price. Superior returns attract investors, increasing demand and price.

Market Conditions: Overall market trends, economic indicators, and investor sentiment significantly impact the fund's price. Bull markets generally boost prices, while bear markets decrease them.

Fund Holdings: The value and performance of the underlying assets (stocks, bonds, etc.) held by the fund directly affect its Net Asset Value (NAV) and, consequently, its price.

Interest Rates: Changes in interest rates can impact bond yields, affecting the value of fixed-income holdings within the fund and, thus, the fund's price.

Fund Expenses: Management fees, administrative costs, and other expenses reduce the fund's returns and can indirectly affect its price. Higher expense ratios may deter investors.

Currency Fluctuations: For funds investing in international assets, currency exchange rates can impact the returns when converted back to the fund's base currency, influencing its price.

Investor Demand: High demand for the fund can drive up its price, while increased selling pressure can lower it.