My guess it is a recent composition of an older arsenal blade and a 20 century cheap mass produced handle with heavy repair ( see braised connection of the hilt an the upper disk).
Regretfully the blade is heavily rusted to the point that even heavy cleaning and polishing is very unlikely to reveal the composition of its steel.
It looks like freshly made Indian production: they have humongous supplies of broken parts and just slap them together
Sorry for the negative opinion.
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