Fund Performance: How well the fund's underlying assets are performing. Strong performance typically increases demand, driving up the price.

Market Conditions: Overall economic health and sentiment. Bull markets usually increase fund prices, while bear markets can decrease them.

Investor Demand: The level of buying and selling activity. High demand pushes prices up; high selling pressure lowers prices.

Expense Ratio: The fund's operating costs. Higher expenses can detract from returns and potentially impact the price negatively.

Fund Size: A very large fund may be harder to manage, impacting its performance. Smaller funds might be more volatile but have more growth potential.

Management Expertise: The skill and experience of the fund managers. A well-managed fund is more likely to generate better returns.

Underlying Assets: The specific assets the fund holds. Their individual performance directly influences the fund's overall value.

Interest Rates: Changes in interest rates can affect the value of fixed-income assets held by the fund.

Currency Fluctuations: If the fund invests internationally, currency exchange rates can impact returns.

Regulatory Changes: New laws or regulations can impact the fund's operations and performance, potentially affecting its price.