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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

Nippon India Multi Asset AllocationQuant Multi Asset Allocation
Nippon India Multi Asset Allocation
itself
21%
Quant Multi Asset Allocation
21%
itself

Most alike: Nippon India Multi Asset Allocation Fund and Quant Multi Asset Allocation Fund share 21% 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

MeasureNippon India Multi Asset AllocationQuant Multi Asset Allocation
CategoryMulti Asset AllocationMulti Asset Allocation
Share of three-year stretches it beat its category P476% of 38100% of 43
Regular plan costs more than Direct by, a year P51.53%0.82%
Portfolio turned over a year P153%135%
Run by P7Kinjal Desai · 6.0 yrsAnkit Pande · ≥ 2.4 yrs
1-year return11.5%15.8%
3 years p.a.19.4%22.6%
5 years p.a.15.8%19.6%
Deepest fall (max drawdown)−10.8%−12.5%
Assets (AUM)₹15,774 Cr₹6,356 Cr
Disclosed history6.1 yrs6.9 yrs
Holdings · top ten weight172 · 34%68 · 78%

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.