docs(markdownify): mention a context limitation

References gohugoio#9692

docs/content/en/functions/markdownify.md

@@ -4,7 +4,7 @@ linktitle: markdownify
 description: Runs the provided string through the Markdown processor.
 date: 2017-02-01
 publishdate: 2017-02-01
-lastmod: 2017-02-01
+lastmod: 2023-01-31
 keywords: [markdown,content]
 categories: [functions]
 menu:
@@ -23,6 +23,8 @@ aliases: []
 {{ .Title | markdownify }}
 ```
 
-{{< new-in "0.93.0" >}} **Note**: `markdownify` now supports [Render Hooks] just like [.RenderString](/functions/renderstring/).
+{{< new-in "0.93.0" >}} **Note**: `markdownify` now supports [Render Hooks] just like [.RenderString]. However, if you use more complicated [Render Hooks] relying on Page Context, preferer [.RenderString] - see [GitHub issue #9692](https://github.com/gohugoio/hugo/issues/96920) for more details.
+
 
 [Render Hooks]: /templates/render-hooks/
+[.RenderString]: /functions/renderstring/