Indian stock market had a volatile year in 2018. Most equity mutual fund schemes have disappointed investors, with low or even negative returns. ET Mutual Funds Facebook inbox was swamped by queries from investors about the under-performance of their mutual fund schemes over the last one year. In an attempt to reiterate that equity mutual funds are meant for long-term investment, we decided to find out a set of equity schemes that have had a great run over different market cycles.