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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

LIC MF Conservative HybridICICI Prudential Conservative Hybrid
LIC MF Conservative Hybrid
itself
3%
ICICI Prudential Conservative Hybrid
3%
itself

Most alike: LIC MF Conservative Hybrid Fund and ICICI Prudential Conservative Hybrid Fund share 3% 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

MeasureLIC MF Conservative HybridICICI Prudential Conservative Hybrid
CategoryConservative HybridConservative Hybrid
Share of three-year stretches it beat its category P49% of 109100% of 109
Regular plan costs more than Direct by, a year P50.93%0.83%
Portfolio turned over a year P122%2%
Run by P7Pratik Shroff · ≥ 7 moManish Banthia · 13 yrs
1-year return3.9%3.1%
3 years p.a.6.6%8.8%
5 years p.a.5.7%8.3%
Deepest fall (max drawdown)−3.1%−3.0%
Assets (AUM)₹47 Cr₹3,355 Cr
Disclosed history10 yrs2 mo
Holdings · top ten weight33 · 83%137 · 25%

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.