Fund Performance: The fund's past and present performance significantly impacts its price. Positive performance attracts more investors, increasing demand and price.

Market Conditions: Overall market sentiment, economic factors (like interest rates and inflation), and geopolitical events influence the fund's investments and, consequently, its price.

Sector Performance: The sectors in which the fund invests directly affect its value. If the relevant sectors are performing well, the fund price will likely increase.

Management Expertise: The skills and experience of the fund managers can significantly influence the fund's performance and therefore its price. Strong management tends to yield higher returns.

Expense Ratio: The fund's expense ratio (fees charged for managing the fund) impacts investor returns and thus the perceived value and price. Higher fees can negatively affect the price.

Supply and Demand: Like any asset, the supply of available fund units and investor demand influence the price. High demand can drive prices up; increased supply may lower prices.

Regulatory Changes: Changes in regulations affecting the fund's investments or operations can impact its performance and consequently, its price.

Investor Sentiment: Overall investor confidence and risk appetite affect their willingness to invest in the fund, influencing demand and the fund's price.