Fund Performance: The historical and current performance of the fund directly impacts its price. Strong performance attracts investors, increasing demand and price.

Market Conditions: Overall economic conditions, including interest rates, inflation, and geopolitical events, influence investor sentiment and fund values.

Sector Performance: If the fund invests in specific sectors, the performance of those sectors significantly affects the fund's value. A booming sector lifts the fund.

Fund Management: The fund manager's expertise and investment strategy play a vital role. Effective management can lead to higher returns and increased fund price.

Investor Demand: High demand for the fund drives up its price, while low demand can cause the price to decline. Investor sentiment is a key driver.

Expense Ratio: The fees charged by the fund, including management fees and operating expenses, can impact the fund's returns and ultimately its price.

Fund Size: The size of the fund can affect its liquidity and ability to invest efficiently. Very large or small funds may experience price volatility.

Regulatory Changes: New regulations or changes in existing regulations can affect the fund's operations and investments, impacting its price.