It was a close finish at the DY Patil Sports Academy, where Rajasthan Royals romped home to win the title in the very last ball.
"In the final we were not up to the mark. We are not unhappy because the match went down to the last ball," he said during the presentation ceremony.
He went on to add: "The response from the team members was terrific. Even the players who missed out in earlier matches came out to play their best in this game."
The Super Kings skipper also said there was no turning point in the match and said: "We played as a team and lost as a team."
On the overall performance of his team, Dhoni said: "I am happy with overall improvement of the team specifically the individual performances. That's what the young players are here to experience - like big tournament and a big crowd."
Dhoni admitted that playing back-to-back matches took a toll on his team but attributed it to the demanding format of the game.