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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

ICICI Prudential Value Fund (erstwhile Value Discovery Fund)Nippon India Value
ICICI Prudential Value Fund (erstwhile Value Discovery Fund)
itself
37%
Nippon India Value
37%
itself

Most alike: ICICI Prudential Value Fund (erstwhile Value Discovery Fund) and Nippon India Value Fund share 37% 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

MeasureICICI Prudential Value Fund (erstwhile Value Discovery Fund)Nippon India Value
CategoryValueValue
Share of three-year stretches it beat its category P468% of 10993% of 109
Regular plan costs more than Direct by, a year P50.83%0.82%
Portfolio turned over a year P158%82%
Run by P7Dharmesh Kakkad · 5.7 yrsMeenakshi Dawar · 8.3 yrs
1-year return−5.4%−2.8%
3 years p.a.11.5%14.0%
5 years p.a.13.5%13.4%
Deepest fall (max drawdown)−14.0%−17.6%
Assets (AUM)₹60,800 Cr₹8,875 Cr
Disclosed history13 yrs12 yrs
Holdings · top ten weight66 · 52%94 · 36%

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.