Market Performance: Broad market trends and investor sentiment significantly impact fund prices. If the overall market is bullish, the fund's value tends to increase.

Fund Holdings: The specific assets held within the fund and their individual performance directly influence the fund's net asset value (NAV). Positive performance of major holdings boosts the fund price.

Fund Management: The fund manager's investment strategies and stock-picking abilities play a crucial role. Successful management typically leads to better returns and a higher fund price.

Expense Ratio: The fund's operating expenses, including management fees, impact its overall return. Higher expenses can negatively affect the fund's price over time.

Supply and Demand: Like any asset, supply and demand dynamics influence the fund's price. Increased investor demand can drive the price up, while selling pressure can lower it.

Economic Factors: Macroeconomic indicators like interest rates, inflation, and GDP growth can influence market conditions and, consequently, the fund's price.

Currency Fluctuations: For funds investing in international markets, exchange rate movements can affect the value of foreign assets and the fund's overall price.

Sector Performance: The performance of the specific sector or industry the fund focuses on can impact its price. A thriving sector usually leads to higher fund values.