Young Virat Kohli is the lone Indian to find a place in the ICC World Twenty20 men's eleven of the tournament, which is dominated by champions West Indies and runners-up Sri Lanka.
Kohli scored 185 runs runs in India's five matches. Suresh Raina was named 12th man.
In the women's eleven, Poonam Raut is the only Indian to make the cut.
Finalists Sri Lanka and the West Indies have five players in the men's team, which has Mahela Jayawardene as captain.
In the women's team, finalists Australia and England have nine players, with, again, the losing captain in the final, Charlotte Edwards, selected to lead the team.
Edwards was named the women's player of the tournament.
Chosen by a group of experts, the team is aimed at being suited for Sri Lankan conditions on the basis of performances in the tournament only. Statistics were used, but not the sole basis for selection.
In all, there are three players from beaten finalists Sri Lanka and two from champions West Indies, while Australia, England, New Zealand and Pakistan are represented in the 12-member men's squad.
Players considered include AB de Villiers and Dale Steyn of South Africa, David Warner of Australia, Tillakaratne Dilshan of Sri Lanka, Kieron Pollard, Dwayne Smith and Sunil Narine of the West Indies.
In the women's side, five players from champions Australia are represented while beaten finalists England have four in the side, including Edwards. The team also features players from the West Indies and New Zealand.
For the women's team, players who considered included Danielle Wyatt and Lydia Greenway of England, Sophie Devine of New Zealand, Deandra Dottin of the West Indies, Erin Osborne of Australia and South Africa's Dane van Niekerk.
ICC World Twenty20 Sri Lanka 2012 Men's Team of the Tournament: Chris Gayle (West Indies), Shane Watson (Australia), Virat Kohli (India), Mahela Jayawardene (Sri Lanka, captain), Luke Wright (England), Brendon McCullum (New Zealand, wicketkeeper), Marlon Samuels (West Indies), Lasith Malinga (Sri Lanka), Mitchell Starc (Australia), Saeed Ajmal (Pakistan), Ajantha Mendis (Sri Lanka).
12th Man: Suresh Raina (India).
ICC World Twenty20 Sri Lanka 2012 Women's Team of the Tournament: Charlotte Edwards (England, captain), Meg Lanning (Australia), Poonam Raut (India), Laura Marsh (England), Sarah Taylor (England, wicketkeeper), Lisa Sthalekar (Australia), Stafanie Taylor (West Indies), Julie Hunter (Australia), Ellyse Perry (Australia), Katherine Brunt (England), Erin Bermingham (New Zealand).
12th Player: Jess Cameron (Australia).
Photograph: Tim Wimborne/Reuters