Market conditions: Overall market sentiment, economic indicators (GDP growth, inflation), and geopolitical events influence investor confidence and fund flows, impacting the price.

Fund performance: Past performance relative to its benchmark and peer group affects investor demand and thus its price.

Asset allocation: The fund's investment strategy and the performance of the underlying assets (equities, bonds, etc.) held within the portfolio are critical.

Expense ratio: The fund's operating costs and management fees can reduce returns and indirectly affect its price.

Interest rates: Changes in interest rates can affect the value of fixed-income securities held by the fund, impacting its overall price.

Fund flows: Large inflows or outflows of investor money can put upward or downward pressure on the fund's price.

Currency fluctuations: If the fund invests in assets denominated in foreign currencies, exchange rate movements can impact the fund's value.

Regulatory changes: Changes in laws and regulations affecting the fund or its underlying investments can impact its price.

Company specific risk: The health of the individual companies in the fund's portfolio matters.