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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

Mahindra Manulife Equity SavingsHSBC Equity Savings
Mahindra Manulife Equity Savings
itself
28%
HSBC Equity Savings
28%
itself

Most alike: Mahindra Manulife Equity Savings Fund and HSBC Equity Savings Fund share 28% 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

MeasureMahindra Manulife Equity SavingsHSBC Equity Savings
CategoryEquity SavingsEquity Savings
Share of three-year stretches it beat its category P469% of 62100% of 11
Regular plan costs more than Direct by, a year P51.96%0.99%
Portfolio turned over a year P138%154%
Run by P7Rahul Pal · 9.6 yrsCheenu Gupta · 5.1 yrs
1-year return5.5%7.3%
3 years p.a.9.5%13.1%
5 years p.a.8.7%
Deepest fall (max drawdown)−4.6%−11.5%
Assets (AUM)₹533 Cr₹1,410 Cr
Disclosed history9.6 yrs3.8 yrs
Holdings · top ten weight105 · 68%114 · 34%

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.