diff --git a/deploy/charts/external-secrets/Chart.yaml b/deploy/charts/external-secrets/Chart.yaml
index 225029c31..907dae824 100644
--- a/deploy/charts/external-secrets/Chart.yaml
+++ b/deploy/charts/external-secrets/Chart.yaml
@@ -2,8 +2,8 @@ apiVersion: v2
 name: external-secrets
 description: External secret management for Kubernetes
 type: application
-version: "0.5.0"
-appVersion: "v0.5.0"
+version: "0.5.1"
+appVersion: "v0.5.1"
 kubeVersion: ">= 1.11.0-0"
 keywords:
   - kubernetes-external-secrets
diff --git a/deploy/charts/external-secrets/README.md b/deploy/charts/external-secrets/README.md
index 372df3bad..39e258e87 100644
--- a/deploy/charts/external-secrets/README.md
+++ b/deploy/charts/external-secrets/README.md
@@ -4,7 +4,7 @@
 
 [//]: # (README.md generated by gotmpl. DO NOT EDIT.)
 
-![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![Version: 0.5.0](https://img.shields.io/badge/Version-0.5.0-informational?style=flat-square)
+![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![Version: 0.5.1](https://img.shields.io/badge/Version-0.5.1-informational?style=flat-square)
 
 External secret management for Kubernetes