Net Asset Value (NAV): The daily NAV calculation directly impacts the fund price. It reflects the underlying assets' market value, less liabilities, divided by outstanding shares.

Market Performance: The performance of the underlying assets (e.g., stocks, bonds) held by the fund significantly influences its price. A rising market generally increases the fund's NAV and price.

Supply and Demand: Increased investor demand for the fund can drive up its price, while higher selling pressure can lower it. This effect is more pronounced in ETFs.

Management Fees & Expenses: Higher expense ratios can negatively affect the fund's returns and therefore its price over time, as these costs are deducted from the fund's assets.

Currency Fluctuations: If the fund invests in assets denominated in currencies other than the fund's base currency, currency fluctuations can impact the fund's price.

Economic Conditions: Broader economic factors like interest rates, inflation, and GDP growth can influence the performance of the underlying assets and consequently the fund's price.

Fund Flows: Large inflows or outflows of capital can impact the fund's NAV and price, especially for smaller funds or those investing in less liquid assets.

Geopolitical Events: Global events such as political instability, trade wars, or regulatory changes can affect market sentiment and the value of the fund's holdings.