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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

HSBC Short TermSBI SHORT TERM
HSBC Short Term
itself
15%
SBI SHORT TERM
15%
itself

Most alike: HSBC Short Term Fund and SBI SHORT TERM FUND share 15% 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

MeasureHSBC Short TermSBI SHORT TERM
CategoryShort TermShort Term
Share of three-year stretches it beat its category P40% of 1127% of 109
Regular plan costs more than Direct by, a year P50.45%0.54%
Portfolio turned over a year P1not measurednot measured
Run by P7Mohd Asif Rizwi · 2.6 yrsMansi Sajeja Over · ≥ 3 mo
1-year return5.3%5.2%
3 years p.a.7.3%7.3%
5 years p.a.6.4%
Deepest fall (max drawdown)−0.6%−0.5%
Assets (AUM)₹4,078 Cr₹14,002 Cr
Disclosed history1 mo1 mo
Holdings · top ten weight92 · 24%86 · 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.