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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 Banking & PSU DebtBandhan Banking and PSU Debt
LIC MF Banking & PSU Debt
itself
8%
Bandhan Banking and PSU Debt
8%
itself

Most alike: LIC MF Banking & PSU Debt Fund and Bandhan Banking and PSU Debt Fund share 8% 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 Banking & PSU DebtBandhan Banking and PSU Debt
CategoryBanking and PSU DebtBanking and PSU Debt
Share of three-year stretches it beat its category P457% of 10968% of 109
Regular plan costs more than Direct by, a year P50.58%0.27%
Portfolio turned over a year P1not measurednot measured
Run by P7Pratik Shroff · ≥ 6 moSuyash Choudhary · ≥ 3.5 yrs
1-year return5.4%5.8%
3 years p.a.7.3%7.2%
5 years p.a.6.3%6.3%
Deepest fall (max drawdown)−0.6%−0.5%
Assets (AUM)₹1,868 Cr₹12,122 Cr
Disclosed history10 yrs5.0 yrs
Holdings · top ten weight50 · 42%99 · 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.