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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 ValueNippon India Value
HSBC Value
itself
28%
Nippon India Value
28%
itself

Most alike: HSBC Value Fund and Nippon India Value Fund share 28% 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 ValueNippon India Value
CategoryValueValue
Share of three-year stretches it beat its category P4100% of 1193% of 109
Regular plan costs more than Direct by, a year P51.12%0.82%
Portfolio turned over a year P175%82%
Run by P7Venugopal Manghat · 14 yrsMeenakshi Dawar · 8.3 yrs
1-year return2.4%−2.8%
3 years p.a.15.9%14.0%
5 years p.a.—13.4%
Deepest fall (max drawdown)−19.6%−17.6%
Assets (AUM)₹15,373 Cr₹8,875 Cr
Disclosed history3.8 yrs12 yrs
Holdings · top ten weight86 · 32%94 · 36%

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.