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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

Tata Multi Asset AllocationAditya Birla Sun Life Multi Asset Allocation
Tata Multi Asset Allocation
itself
26%
Aditya Birla Sun Life Multi Asset Allocation
26%
itself

Most alike: Tata Multi Asset Allocation Fund and Aditya Birla Sun Life 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

MeasureTata Multi Asset AllocationAditya Birla Sun Life Multi Asset Allocation
CategoryMulti Asset AllocationMulti Asset Allocation
Share of three-year stretches it beat its category P419% of 4388% of 8
Regular plan costs more than Direct by, a year P51.90%1.60%
Portfolio turned over a year P142%53%
Run by P7Murthy Nagarajan · ≥ 1.3 yrsBhupesh Bameta · ≥ 3 mo
1-year return6.8%11.6%
3 years p.a.13.5%16.5%
5 years p.a.12.6%
Deepest fall (max drawdown)−10.3%−12.8%
Assets (AUM)₹5,206 Cr₹7,139 Cr
Disclosed history6.4 yrs3.7 yrs
Holdings · top ten weight112 · 38%113 · 33%

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.