Lunardon and Polverino introduced in 2001 a new family of maximum scattered linear sets in $\mathrm{PG}(1,q^n)$ to construct linear minimal Rédei blocking sets. This family has been extended first by Lavrauw, Marino, Trombetti and Polverino in 2015 and then by Sheekey in 2016 in two different contexts (semifields and rank metric codes). These linear sets are called Lunardon-Polverino linear sets and this paper aims to determine their automorphism groups, to solve the equivalence issue among Lunardon-Polverino linear sets and to establish the number of inequivalent linear sets of this family. We then elaborate on this number, providing explicit bounds and determining its asymptotics.