Fund Performance: The fund's past and present investment returns directly impact its price. Strong performance typically attracts more investors, increasing demand and price.

Market Conditions: Broad market trends, such as economic growth or recession, and sector-specific performance influence the value of underlying assets, thereby affecting the fund's price.

Interest Rates: Changes in interest rates can impact the valuation of fixed-income securities held within the fund, influencing its overall price.

Fund Management: The expertise and strategy employed by the fund manager play a crucial role. Effective management can lead to better investment decisions and, consequently, higher fund prices.

Investor Sentiment: Overall investor confidence and risk appetite can influence fund flows. Positive sentiment tends to drive investment into funds, increasing their prices, while negative sentiment can lead to redemptions and price declines.

Expense Ratio: The fund's expense ratio (management fees, operating expenses) directly impacts returns. Higher expenses reduce net returns and may affect investor attractiveness.

Supply and Demand: The buying and selling pressure of the fund's units affects its market price. Higher demand pushes prices up, while increased selling pressure lowers prices.

Currency Fluctuations: If the fund invests in assets denominated in a foreign currency, fluctuations in exchange rates can impact the fund's price when converted back to the base currency.

Regulatory Changes: New regulations or changes to existing regulations can impact the financial markets and the fund's investments, affecting its price.

Economic Data: Key economic indicators like inflation, unemployment, and GDP growth can influence market sentiment and the valuation of assets held by the fund.