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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

LIC MF ValueBandhan Value
LIC MF Value
itself
9%
Bandhan Value
9%
itself

Most alike: LIC MF Value Fund and Bandhan Value Fund share 9% 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

MeasureLIC MF ValueBandhan Value
CategoryValueValue
Share of three-year stretches it beat its category P4100% of 367% of 109
Regular plan costs more than Direct by, a year P51.31%1.17%
Portfolio turned over a year P1192%68%
Run by P7Mahesh Bendre · ≥ 7 moDaylynn Pinto · ≥ 3.5 yrs
1-year return20.2%−1.1%
3 years p.a.17.8%10.4%
5 years p.a.—12.8%
Deepest fall (max drawdown)−25.2%−17.9%
Assets (AUM)₹282 Cr₹10,051 Cr
Disclosed history3.2 yrs4.9 yrs
Holdings · top ten weight52 · 37%68 · 47%

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.