Fund Performance: The historical and ongoing performance of the fund directly impacts its price. Strong returns attract investors, increasing demand and thus the price.

Market Conditions: Broad economic trends and market sentiment influence investment decisions. Bull markets generally drive fund prices up, while bear markets cause declines.

Fund Composition: The types of assets held within the fund, such as stocks, bonds, or real estate, affect the price based on their individual performance and market value.

Interest Rates: Changes in interest rates, particularly if the fund holds bonds, can impact its price. Rising rates often lead to lower bond prices and vice versa.

Investor Demand: The level of investor interest in the fund plays a crucial role. Higher demand pushes the price up, while increased selling pressure causes it to fall.

Expense Ratio: The fund's operating costs, including management fees and other expenses, can impact its overall return and indirectly influence the price.

Fund Size: Very large or small fund sizes can introduce inefficiencies or concerns, which might slightly affect investor sentiment and the fund's valuation.

Regulatory Changes: New regulations or policy shifts that affect the fund's investment strategy or the underlying assets it holds can impact its price.

Currency Fluctuations: For funds investing in international assets, currency exchange rates can influence the fund's return when converted back to the base currency.