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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 Conservative Hybrid Fund (Existing number of Segregated Portfolios - 1)SBI CONSERVATIVE HYBRID
Nippon India Conservative Hybrid Fund (Existing number of Segregated Portfolios - 1)
itself
11%
SBI CONSERVATIVE HYBRID
11%
itself

Most alike: Nippon India Conservative Hybrid Fund (Existing number of Segregated Portfolios - 1) and SBI CONSERVATIVE HYBRID FUND share 11% 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 Conservative Hybrid Fund (Existing number of Segregated Portfolios - 1)SBI CONSERVATIVE HYBRID
CategoryConservative HybridConservative Hybrid
Share of three-year stretches it beat its category P428% of 10975% of 109
Regular plan costs more than Direct by, a year P50.83%0.75%
Portfolio turned over a year P15%23%
Run by P7Sushil Budhia · 6.5 yrsMansi Sajeja · ≥ 3 mo
1-year return6.8%5.0%
3 years p.a.8.7%8.4%
5 years p.a.8.3%8.7%
Deepest fall (max drawdown)−1.8%−3.0%
Assets (AUM)₹962 Cr₹10,210 Cr
Disclosed history14 yrs5.8 yrs
Holdings · top ten weight93 · 37%110 · 27%

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.