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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

UTI Multi Asset AllocationHDFC Multi Asset Allocation
UTI Multi Asset Allocation
itself
26%
HDFC Multi Asset Allocation
26%
itself

Most alike: UTI Multi Asset Allocation Fund and HDFC Multi Asset Allocation Fund share 26% 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

MeasureUTI Multi Asset AllocationHDFC Multi Asset Allocation
CategoryMulti Asset AllocationMulti Asset Allocation
Share of three-year stretches it beat its category P430% of 10934% of 109
Regular plan costs more than Direct by, a year P50.95%1.03%
Portfolio turned over a year P159%not measured
Run by P7Sharwan Kumar Goyal · 4.8 yrsnot known
1-year return4.0%2.8%
3 years p.a.15.3%12.0%
5 years p.a.13.3%11.1%
Deepest fall (max drawdown)−11.0%−8.9%
Assets (AUM)₹6,957 Cr₹6,045 Cr
Disclosed history9.7 yrs1 mo
Holdings · top ten weight134 · 38%122 · 42%

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.