Market Conditions: Overall market sentiment, economic growth, and geopolitical events influence investor demand, impacting the fund's net asset value (NAV).

Underlying Asset Performance: The fund's investments, primarily stocks and bonds, dictate its performance. Positive returns boost the NAV, while losses decrease it.

Fund Management Strategy: The fund manager's investment decisions, sector allocations, and security selection affect the fund's profitability and therefore its price.

Interest Rates: Changes in interest rates impact bond valuations within the fund and can also influence equity markets, affecting the fund's overall worth.

Inflation: Rising inflation can erode investment returns, potentially decreasing the fund's value if its holdings don't outpace inflation.

Currency Fluctuations: If the fund invests in assets denominated in foreign currencies, exchange rate changes can impact returns when translated back to the fund's base currency.

Fund Expenses: Management fees, administrative costs, and other expenses reduce the fund's net return, impacting its price.