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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

UTI Small CapNippon India Small Cap
UTI Small Cap
itself
23%
Nippon India Small Cap
23%
itself

Most alike: UTI Small Cap Fund and Nippon India Small Cap Fund share 23% 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

MeasureUTI Small CapNippon India Small Cap
CategorySmall CapSmall Cap
Share of three-year stretches it beat its category P40% of 3490% of 109
Regular plan costs more than Direct by, a year P51.79%1.10%
Portfolio turned over a year P181%68%
Run by P7Nitin Jain · 1.9 yrsSamir Rachh · 9.6 yrs
1-year return5.3%8.9%
3 years p.a.14.5%16.1%
5 years p.a.15.5%19.0%
Deepest fall (max drawdown)−22.3%−24.2%
Assets (AUM)₹5,271 Cr₹76,236 Cr
Disclosed history5.7 yrs14 yrs
Holdings · top ten weight111 · 22%257 · 16%

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.