Fund Performance: Past performance and relative performance compared to its benchmark and peers significantly influence investor demand and therefore the price. Good performance attracts more investment, driving the price up.

Market Sentiment: General investor optimism or pessimism towards the market sectors in which the fund invests affects demand. Positive sentiment increases demand and price; negative sentiment decreases them.

Economic Conditions: Macroeconomic factors like GDP growth, inflation, interest rates, and unemployment rates influence the performance of the underlying assets and thus the fund's price.

Sector Performance: The performance of the specific sectors in which the fund invests (e.g., technology, healthcare) directly impacts the fund's returns and price.

Fund Management Expertise: The skill and experience of the fund managers in selecting and managing investments play a crucial role in performance and, consequently, price.

Geopolitical Events: Global political and economic events, such as trade wars, political instability, or international crises, can create market volatility and affect fund prices.

Currency Fluctuations: If the fund invests in assets denominated in foreign currencies, fluctuations in exchange rates can impact the fund's value and price.

Investor Demand: Overall investor demand for the fund is a primary driver of its price. High demand increases the price, while low demand decreases it.

Expense Ratio: The fund's expense ratio (the annual fee charged to manage the fund) can affect its net returns and, indirectly, its price. Higher expense ratios may lead to lower returns.

Fund Size: The size of the fund can affect its liquidity and trading efficiency, potentially influencing its price. Very large funds might face challenges in deploying capital effectively.