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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

Motilal Oswal Balanced AdvantageKotak Balanced Advantage
Motilal Oswal Balanced Advantage
itself
0%
Kotak Balanced Advantage
0%
itself

Most alike: Motilal Oswal Balanced Advantage Fund and Kotak Balanced Advantage Fund share 0% 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

MeasureMotilal Oswal Balanced AdvantageKotak Balanced Advantage
CategoryDynamic Asset Allocation or Balanced AdvantageDynamic Asset Allocation or Balanced Advantage
Share of three-year stretches it beat its category P413% of 8532% of 62
Regular plan costs more than Direct by, a year P51.30%1.27%
Portfolio turned over a year P1152%not measured
Run by P7Rakesh Shetty · 3.5 yrsnot known
1-year return−3.0%2.3%
3 years p.a.3.1%9.7%
5 years p.a.6.1%9.1%
Deepest fall (max drawdown)−26.5%−9.1%
Assets (AUM)₹743 Cr₹17,125 Cr
Disclosed history3.5 yrs
Holdings · top ten weight33 · 41%— · —

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.