About a month ago, I posted here that I was planning to sell my mutual fund holdings worth \~₹4.8 cr when Nifty was around 25,700. I actually went ahead and did it. The money was rotated into arbitrage funds, FDs, commodities, and a large portion into US and China markets.
At that time, many people here mocked the decision. Fair enough.
From what I’m seeing on the ground, a lot of HNIs are pulling money out and parking it outside India, mainly to protect against INR depreciation. If you still choose to blindly continue SIPs without considering this risk, you might want to rethink it. Just sharing my view and experience, not advice.