Market Conditions: Overall market sentiment, economic indicators, and global events significantly impact fund performance.

Fund Performance: The historical returns and risk-adjusted performance of the fund itself influence investor demand.

Interest Rates: Changes in interest rates can affect the attractiveness of fixed-income assets within the fund.

Fund Manager Skill: The expertise and investment strategy of the fund manager play a crucial role in generating returns.

Expense Ratio: Higher fees and expenses can detract from the fund's overall performance and value.

Asset Allocation: The fund's allocation across different asset classes affects its risk and return profile.

Investor Demand: Changes in investor demand for the fund's shares can influence its price.

Regulatory Changes: New regulations or policies can impact the fund's operations and performance.

Currency Fluctuations: If the fund invests in foreign assets, currency fluctuations can affect its value.