Market Conditions: Broad economic trends, investor sentiment, and overall market performance influence fund values.

Fund Performance: The fund's past and present investment returns affect investor demand, influencing its price.

Underlying Assets: The value of the stocks, bonds, or other assets held within the fund directly impacts its net asset value (NAV).

Expense Ratio: Higher fees reduce returns, negatively affecting the fund's attractiveness and potentially its price.

Supply and Demand: Increased buying pressure can drive prices up, while selling pressure can push them down.

Interest Rates: Rising interest rates can decrease the value of bond funds, while lower rates can increase them.

Currency Fluctuations: For funds holding international assets, exchange rate changes can impact returns and prices.

Fund Manager Skill: The expertise of the fund manager in selecting and managing investments can influence performance.

Regulatory Changes: New regulations affecting the fund or its investments can impact its value and investor perception.

Economic Indicators: Factors like GDP growth, inflation, and unemployment rates can influence investor confidence and fund performance.