Hi,
This a very cute little combination item, and it would be difficult to say exactly when it was made. The handle is 1950's -early 1960s, from an evening bag or dressy occasion bag. The hankie, as Mary Jane has pointed out is actually a piece of a hand towel, small doily or possibly a table mat, napkin etc. That flower basket motif looks early 20th century, and was extremely popular for embroidering on linens, both machine and hand done. The embroidery has a vague 1920s look to to me for some reason and could even be later, although the Greek motif at the top was out of style by 1930. The loopy trim beading style is sort of Edwardian Deco. I would not call the purse Victorian inspired, although the person who made it may have thought it was.
The use of a what would be termed a "casual linen" with a very dressy beaded purse handle is an odd marriage. The handle should have been paired with a fancier, and more elegant fabric such as a brocade, heavy silk, etc. But today so many people mix n match and that is still a very creative and attractive purse.