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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

Axis Equity SavingsUTI - Equity Savings
Axis Equity Savings
itself
20%
UTI - Equity Savings
20%
itself

Most alike: Axis Equity Savings Fund and UTI - Equity Savings Fund share 20% 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

MeasureAxis Equity SavingsUTI - Equity Savings
CategoryEquity SavingsEquity Savings
Share of three-year stretches it beat its category P48% of 6253% of 62
Regular plan costs more than Direct by, a year P51.35%0.99%
Portfolio turned over a year P153%41%
Run by P7not knownV Srivatsa · 8.1 yrs
1-year return4.7%3.2%
3 years p.a.9.6%8.2%
5 years p.a.7.9%8.6%
Deepest fall (max drawdown)−5.2%−4.9%
Assets (AUM)₹867 Cr₹849 Cr
Disclosed history5.9 yrs8.0 yrs
Holdings · top ten weight168 · 71%78 · 48%

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.