Market Conditions: Overall economic sentiment, interest rates, and global market performance influence investor confidence and demand for investment funds.

Underlying Assets: The performance of the assets held within the fund (e.g., stocks, bonds) directly impacts the fund's value. If the underlying assets increase in value, the fund's price typically rises.

Investor Demand: High demand for the fund can drive up the price, while increased selling pressure can lead to a price decrease.

Fund Management: The skill and experience of the fund manager, their investment strategy, and their ability to select profitable investments affect the fund's performance and price.

Expense Ratio: The fees charged by the fund for managing the investments can reduce the fund's returns and affect its price relative to other funds.

Currency Fluctuations: If the fund invests in assets denominated in a foreign currency, changes in exchange rates can impact the fund's value.

Economic Indicators: Key economic indicators, such as GDP growth, inflation, and unemployment rates, can influence market sentiment and the performance of the fund's underlying assets.

Geopolitical Events: Major political events, such as elections, trade wars, or international conflicts, can create market uncertainty and affect investor confidence and fund prices.

Regulatory Changes: Changes in regulations affecting the fund industry or the types of investments held by the fund can impact its attractiveness and price.

Fund Size: The size of the fund can impact its ability to invest efficiently and may affect its performance, which can influence its price.