Market Conditions: General market sentiment, economic trends, and investor confidence influence fund valuations. Fund Performance: Past returns and relative performance against benchmarks impact investor demand and fund price. Sector/Asset Allocation: The performance of the sectors and assets the fund invests in directly affects its overall value. Management Expertise: The fund manager's skill in selecting investments and managing risk influences returns. Interest Rates: Changes in interest rates can affect the value of fixed-income securities held by the fund. Expense Ratio: Higher expense ratios reduce net returns, impacting the fund's price over time. Fund Size: AUM size can affect liquidity and efficiency in managing the fund, potentially affecting performance. Currency Fluctuations: If the fund invests in foreign assets, exchange rate movements can impact its value.