@ameyawarde: I understand what you mean. Below, I have a few suggestions that you may already be well aware of, but I figured it wouldn’t hurt.
You may find it helpful in the meantime to create a note for a certain category with various items as headings and subheadings within that note.
The items will still be easily searched and linked to and from (even from within a single note). One slight drawback would be that if you have many links to those items (headings) and decide you want to create independent notes from one of the headings, you will have to do a search and replace throughout your entire vault to replace all links that had previously gone to that heading. This is possible using a mass search and replace in VSCode or Atom. It is quite simple actually.
In terms of being distracted by the suggestions when typing a link, in certain cases you may find it easier to create links by dragging and dropping notes from the explorer into a note or doing searches and use the functionality that can generate a list of links to all results and copy that to the clipboard to be be pasted into a note.
Anyways, good luck.
Thanks.