Market Conditions: Broad market trends, economic indicators, and investor sentiment impact fund prices.

Fund Performance: Historical and recent performance of the fund relative to its benchmark influences investor demand and pricing.

Fund Holdings: The underlying assets held within the fund, such as specific stocks or bonds, directly affect the fund's net asset value (NAV).

Interest Rates: Changes in interest rates, particularly if the fund holds fixed-income securities, can affect its price.

Currency Fluctuations: For funds investing internationally, currency exchange rates impact the value of overseas assets when converted back to the fund's base currency.

Fund Management: Decisions made by the fund manager, including asset allocation and security selection, play a crucial role in the fund's performance and price.

Expense Ratio: The fund's expense ratio, which covers operating costs, reduces the overall return and can affect its relative attractiveness to investors.

Supply and Demand: High demand for the fund can drive up its price, while increased selling pressure can lead to price declines.