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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

Union Children'sUTI Children's Hybrid
Union Children's
itself
19%
UTI Children's Hybrid
19%
itself

Most alike: Union Children's Fund and UTI Children's Hybrid Fund share 19% 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

MeasureUnion Children'sUTI Children's Hybrid
CategoryChildren'sChildren's
Share of three-year stretches it beat its category P4not measured4% of 109
Regular plan costs more than Direct by, a year P51.38%not measured
Portfolio turned over a year P177%18%
Run by P7Parijat Agrawal · 2.8 yrsSachin Trivedi · 1.3 yrs
1-year return1.2%−1.1%
3 years p.a.6.4%
5 years p.a.6.3%
Deepest fall (max drawdown)−17.4%−7.1%
Assets (AUM)₹91 Cr₹4,407 Cr
Disclosed history2.2 yrs8.3 yrs
Holdings · top ten weight72 · 29%139 · 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.