Fund Performance: A fund's past performance significantly influences its price. Consistently strong returns attract investors, driving up demand and subsequently the fund's price.

Market Conditions: Broad market trends, such as bull or bear markets, impact fund prices. Positive market sentiment generally leads to higher prices, while negative sentiment can depress them.

Economic Factors: Economic indicators like GDP growth, inflation, and interest rates affect the underlying assets of the fund, influencing its overall price.

Sector Performance: The performance of the specific sectors the fund invests in directly affects its price. If these sectors are thriving, the fund's value is likely to increase.

Fund Manager Expertise: The skills and experience of the fund manager in making investment decisions play a crucial role. A capable manager can enhance returns and attract investment, affecting the price.

Investor Sentiment: Overall investor mood and risk appetite impact fund flows. High investor confidence can lead to increased investment and higher prices.

Expense Ratio: The fees charged by the fund, known as the expense ratio, can affect returns and therefore impact the price. Lower fees generally make a fund more attractive.

Geopolitical Events: Major global events, such as political instability or trade wars, can create uncertainty and impact financial markets, affecting fund prices.

Currency Fluctuations: Changes in currency exchange rates affect the value of international funds, impacting their price when translated back to the investor's currency.

Supply and Demand: The basic economic principle of supply and demand also applies to funds. Higher demand relative to supply will push the price up, and vice versa.

Fund Size and Liquidity: A very large fund may face challenges in deploying capital efficiently, potentially impacting returns. Also, liquidity, ease of buying and selling, can influence pricing.