What does the track name mean?
A conservative track usually tends to have lower exposure to risk assets, an equity track tends to have a higher exposure to stocks, and a general track is usually between the extremes.
But the track name is not enough. You need to read the investment policy and check in practice what the exposure is to shares, bonds, foreign exchange, overseas and non-marketable assets.
How to adjust a course for a person
Those who need the money soon usually have to beware of high volatility. Those who save for many more years can consider higher exposure, if they can handle declines along the way.
The fit is not just age. It includes income, family, debts, security cushion, investment experience and mental ability to see a temporary loss without making a rash decision.
How to compare correctly
Compare similar tracks to each other. There is no point in comparing the return of an equity track to a conservative track without understanding that the level of risk is different.
A good test combines returns over several periods, management fees, exposures, track size and service. The goal is not to find the flashiest track, but the most suitable track.