Virat Kohli and Bhuvneshwar Kumar are India's highest-ranked batsman and bowler in third and 13th positions respectively.
But Smith believes the world champions have a quality squad to bounce back in the series.
Factbox on the third World Cup quarter-final between Australia and Pakistan at the Adelaide Oval on Friday.
67 players, including 23 overseas, were sold and Rs 86.8 crore spent on them by the eight franchises in Bangalore on Monday.
Arsenal playmaker Mesut Ozil has come out all guns blazing after criticism of his displays by stating he is among the best number 10s in the world who can help lead his side to glory.
Team India has two members - MS Dhoni and Ishant Sharma - of that victorious 2009 side returning to New Zealand for the One-Day International series, which commences on Sunday. The hosts, however, are almost a completely overhauled unit. The teams may not appear equal on paper but the home advantage is something than should benefit New Zealand. Rajneesh Gupta presents a statistical lowdown of the teams ahead of tour opener in Napier.
India suffered its worst One-Day International series defeat in New Zealand, losing 0-4, after being trounced by 87 runs in the inconsequential fifth and final match in Wellington on Friday.
As the global cricket community prays for Australia cricketer Phillip Hughes' recovery from a severe head injury, fast bowlers rushed to the defence of Sean Abbott, whose short-pitched ball struck the batsman and left him fighting for his life.
Captain Michael Clarke blasted a magnificent 105 as Australia outplayed England in all departments to beat the hosts by 88 runs in the second One-Day International at Old Trafford on Sunday and go 1-0 up in the series.
India will eye revenge for their defeat in one-day series as they meet fierce rivals Australia in three Twenty20 Internationals, starting on Tuesday, January 26 at Adelaide Oval. Games will also be played at the Melbourne Cricket Ground (January 29) and Sydney Cricket Ground (January 31). The matches will see some of the world's explosive batsmen in action, while the series is also tipped as a much-needed preparatory ground ahead of the crucial World T20 scheduled to be held in March in India.
Pakistan-born Fawad Ahmed is likely to make his full Australia debut over the next month after being named as the specialist spinner in the squad for six one-day and two Twenty20 internationals against England on Thursday.
Rising Pune Supergiant defeated Gujarat Lions by five wickets in an IPL match in Pune, on Monday.
The 65th Emmys will be held on September 22 in Los Angeles.
Former captain Ian Chappell feels the Indian team will be quite a handful for World champions Australia in the upcoming One-Day International series but the hosts will still be the favourites to win the five-game series as the visitors are short of one specialist batsman.
Australia won the ICC cricket World Cup for a record fifth time when they beat New Zealand by seven wickets in the final at the Melbourne Cricket Ground on Sunday.
Steve Smith scored a brilliant century to help Australia knock out defending champions India and set up a mouth-watering final against neighbours New Zealand, at the Sydney Cricket Ground, on Thursday.
Moeen Ali, the England all-rounder, with a batting strike-rate of 82.1 and an economy rate of 4.2, was tops.
England ripped out India for 94 to win the fifth Test by a crushing innings and 244 runs at The Oval on Sunday and clinch the series 3-1.
England's four-pronged pace attack bowled India out for 148 before the hosts reached 62 for no loss in reply to take control of the fifth and final Test on an absorbing first day at The Oval in London.
If anyone thinks that the Golden Globes are insignificant, the Hollywood studios are out to prove them wrong.
Manchester United kept up the positive momentum of their pre-season tour with a 3-1 victory over Barcelona in the International Champions Cup on Saturday in Santa Clara, California.
Steven Smith maintained his purple patch to hit a brilliant unbeaten 102 to secure Australia's three-wicket victory against England in a high-scoring tri-series match at Hobart on Friday.
Chris Gayle started with flair while Darren Sammy finished with a flourish as West Indies got the better of Australia by six wickets in an exciting Group 2 League encounter of the ICC World T20 in Mirpur.
India's batting ace Yuvraj Singh commanded the highest price, Royal Challengers Bangalore paying a massive 14 crore for him, while Dinesh Karthik was a surprise pick at 12.5 crore by Delhi Daredevils.
David Warner has described his team's mental battles with opponents as banter, not sledging.
IMAGES from the English Premier League matches played on Wednesday.
Virat Kohli smashed a masterful 82 to guide India to a six-wicket win against Australia in their final World Twenty20 Super 10 game on Sunday and set up a semi-final against West Indies in Mumbai.
Their path to the semi-finals looking relatively easier in comparison, Australia will fancy their chances when they lock horns with a struggling Pakistan side whose hopes hangs by a thread in the ICC World Twenty20, in Mohali, on Friday.
With the threat of in-form off-spinner Ravichandran Ashwin looming large, Australia captain Michael Clarke summoned Shane Warne to the team's nets on Wednesday, ahead of their ICC Cricket World Cup semi-final against India, at the Sydney Cricket Ground.
Manchester United enjoyed perhaps their finest performance.
Photos of the World Cup Pool A game between West Indies and Scotland being played in Hobart.
News of all that's transpired on and off the football field
Rohit Sharma struck his second successive hundred of the series but once again the Indians were comfortably outclassed by Australia by seven wickets, in the second One-Day International in Brisbane, on Friday.
Australia stormed into the World Cup quarter-finals with a 64-run victory over Sri Lanka, fired by a spectacular maiden one-day international century from Glenn Maxwell at the Sydney Cricket Ground on Sunday.
Tottenham Hotspur fluffed their last-day lines with a 5-1 defeat at relegated, 10-man Newcastle United that left them third in the Premier League behind bitter north London rivals Arsenal.
It will be a test of character and battle for supremacy when Delhi Daredevils and Gujarat Lions, two of the most impressive teams of IPL 9, lock horns against each other at the Feroze Shah Kotla stadium in New Delhi on Wednesday. Barring one bad day in office, both Daredevils and Gujarat Lions had a near perfect campaign so far in the tournament. While new outfit Gujarat Lions are comfortably placed at the second spot in the eight-team standings with eight points from five matches, the Daredevils are a place below in the third position with six points from four games.
India's batting maestro Virat Kohli held on to the number two position in the latest ICC ODI rankings for batsmen released on Monday, while Rohit Sharma dropped a place to seventh.
Australia knocked Pakistan out of the ICC World Twenty20 with a convincing 21-run victory, setting up a virtual quarter-final against hosts India to be played in Mohali on Sunday.
United down Newcastle after Saints stun Chelsea on a dramatic night in the English Premier League.
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