[mariusgmioc]

First, why Indo-Persian?! I am pretty sure this is a 100% Indian khanjar (AKA Mughal Dagger) that has nothing to do with Persia.

I like to believe that I am pretty familiar with current Indian production of swords & daggers.

In my opinion, both hilt and blade are old.

All recent production examples I have seen have hilts carved in stone (jade, soapstone, agate, jasper, etc.), bone, fake ivory, etc. but definitely not iron. Why?! Because Iron is very dificult to carve. Moreover, your hilt does not bear any characteristic of machining and is almost certainly chiseled and filed by hand. As far as I know, carved iron hilts of this type were quite popular in the 19th century, and that's precisely when I believe your hilt was made.

As with regards with the wootz blade, it appears to be crystalline wootz that was produced by the end of the classic wootz period, namely the first half of 19th century.

However, crystalline wootz quite similar to this is also currently produced but it is quite rare and definitely highly prized. Since yours displays very fine watering, as close as it gets to the classic wootz, I believe it is old because if it were newly produced, it would have been more expensive than classic wootz and would have definitely been mounted in a more exclusive hilt.

As with regards to the crack, it is possible the blade had an earlier mount but was damaged and then was remounted in the current hilt. However, I believe that this may have happened at least a century ago.

My conclusion is that you have an excellent classic example of a 19th century Mughal dagger.