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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

Franklin India Balanced AdvantageICICI Prudential Balanced Advantage
Franklin India Balanced Advantage
itself
31%
ICICI Prudential Balanced Advantage
31%
itself

Most alike: Franklin India Balanced Advantage Fund and ICICI Prudential Balanced Advantage Fund share 31% 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

MeasureFranklin India Balanced AdvantageICICI Prudential Balanced Advantage
CategoryDynamic Asset Allocation or Balanced AdvantageDynamic Asset Allocation or Balanced Advantage
Share of three-year stretches it beat its category P4100% of 1386% of 109
Regular plan costs more than Direct by, a year P51.76%0.93%
Portfolio turned over a year P162%42%
Run by P7not knownManish Banthia · 17 yrs
1-year return1.0%3.9%
3 years p.a.10.1%11.3%
5 years p.a.—10.7%
Deepest fall (max drawdown)−8.1%−8.2%
Assets (AUM)₹2,829 Cr₹75,356 Cr
Disclosed history3.9 yrs12 yrs
Holdings · top ten weight84 · 31%239 · 35%

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.