Fund Performance: Past and present returns directly impact investor demand, driving the price up with strong performance and down with weak results.

Market Conditions: Broad economic trends, industry-specific factors, and overall market sentiment influence the value of the fund's underlying assets.

Fund Holdings: The specific securities held within the fund and their individual performance directly contribute to the overall fund price.

Expense Ratio: Higher expense ratios can detract from returns, making the fund less attractive compared to similar funds with lower costs.

Fund Manager Expertise: The skill and experience of the fund manager in selecting investments can significantly impact fund performance and, consequently, price.

Investor Demand: Increased buying pressure drives the price up, while increased selling pressure pushes the price down.

Economic Indicators: Inflation rates, interest rates, GDP growth, and unemployment figures can influence market sentiment and affect investment valuations.

Geopolitical Events: Global events such as political instability, trade wars, and regulatory changes can create market volatility and impact fund prices.