The assertion is correct because when an electron and a proton enter the magnetic field with the same momentum, they experience the same force due to their charge and follow a circular path with the same radius. The radius of the circular path is given by the formula:
\[
r = \frac{p}{qB}
\]
Since both have the same momentum and the formula depends on \( p \), the radii of their circular paths will be the same. Thus, both the assertion and the reason are true, and the reason correctly explains the assertion.