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Up to six funds side by side, and how much of each is the same portfolio as the others. Overlap is Σ min(weight) over the stocks both hold, from the latest disclosures.

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Overlap

share of the portfolio the two funds hold in common

Nippon India Multi CapHDFC Multi Cap
Nippon India Multi Cap
itself
36%
HDFC Multi Cap
36%
itself

Most alike: Nippon India Multi Cap Fund and HDFC Multi Cap Fund share 36% of their portfolios. Two funds this different are doing different things; whether that is what you want is a separate question.

Side by side

record, cost, returns, drawdown, size

MeasureNippon India Multi CapHDFC Multi Cap
CategoryMulti CapMulti Cap
Share of three-year stretches it beat its category P450% of 10973% of 22
Regular plan costs more than Direct by, a year P50.84%1.30%
Portfolio turned over a year P166%79%
Run by P7Sailesh Raj Bhan · 21 yrsnot known
1-year return−1.4%−2.2%
3 years p.a.13.5%12.0%
5 years p.a.16.4%
Deepest fall (max drawdown)−18.6%−20.2%
Assets (AUM)₹53,760 Cr₹20,765 Cr
Disclosed history14 yrs2.4 yrs
Holdings · top ten weight123 · 29%127 · 23%

Funds in different categories are not comparable on returns — a category error is the first thing the postulates refuse to make. Compare each to its own category on its fund page.