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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

JioBlackRock Nifty Next 50 IndexAditya Birla Sun Life Nifty India Defence Index
JioBlackRock Nifty Next 50 Index
itself
6%
Aditya Birla Sun Life Nifty India Defence Index
6%
itself

Most alike: JioBlackRock Nifty Next 50 Index Fund and Aditya Birla Sun Life Nifty India Defence Index Fund share 6% 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

MeasureJioBlackRock Nifty Next 50 IndexAditya Birla Sun Life Nifty India Defence Index
CategoryEquity FundsEquity Funds
Share of three-year stretches it beat its category P4not measurednot measured
Regular plan costs more than Direct by, a year P5not measured0.85%
Portfolio turned over a year P159%51%
Run by P7Anand Shah · 1.1 yrsnot known
1-year return3.7%14.3%
3 years p.a.——
5 years p.a.——
Deepest fall (max drawdown)−14.4%−27.8%
Assets (AUM)₹227 Cr₹1,135 Cr
Disclosed history1.1 yrs2.1 yrs
Holdings · top ten weight52 · 34%21 · 88%

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.