Investment Performance: Past performance and perceived future potential of the fund's holdings significantly impact its price.

Market Conditions: Broad economic factors like interest rates, inflation, and overall market sentiment influence investor demand and fund valuation.

Fund Holdings: The value of the assets held within the fund, such as stocks, bonds, or other securities, directly affects the fund's net asset value (NAV).

Fund Management: The skill and experience of the fund manager, their investment strategy, and their ability to make profitable investment decisions play a crucial role.

Investor Demand: Increased demand for the fund generally drives up its price, while increased selling pressure can lead to price declines.

Expense Ratio: The fund's operating expenses, including management fees and administrative costs, can affect its overall return and attractiveness.

Regulatory Changes: New regulations or changes in existing regulations can impact the fund's operations and investment strategies, influencing its price.

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