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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

Navi Conservative HybridParag Parikh Conservative Hybrid
Navi Conservative Hybrid
itself
1%
Parag Parikh Conservative Hybrid
1%
itself

Most alike: Navi Conservative Hybrid Fund and Parag Parikh Conservative Hybrid Fund share 1% 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

MeasureNavi Conservative HybridParag Parikh Conservative Hybrid
CategoryConservative HybridConservative Hybrid
Share of three-year stretches it beat its category P4not measured100% of 29
Regular plan costs more than Direct by, a year P5not measured0.33%
Portfolio turned over a year P111%8%
Run by P7not knownRaj Mehta · 5.3 yrs
1-year return—4.8%
3 years p.a.—9.3%
5 years p.a.—9.2%
Deepest fall (max drawdown)not computed−2.2%
Assets (AUM)₹27 Cr₹3,450 Cr
Disclosed history10 mo5.0 yrs
Holdings · top ten weight20 · 87%81 · 40%

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.