diff --git a/charts/kyverno/Chart.yaml b/charts/kyverno/Chart.yaml
index 7b89c5170a..e2714e6edf 100644
--- a/charts/kyverno/Chart.yaml
+++ b/charts/kyverno/Chart.yaml
@@ -26,6 +26,8 @@ annotations:
       url: https://kyverno.io/docs
   # valid kinds are: added, changed, deprecated, removed, fixed and security
   artifacthub.io/changes: |
+    - kind: changed
+      description: only create ServiceMonitor if cluster supports it
     - kind: fixed
       description: rbac templating issues
     - kind: added
diff --git a/charts/kyverno/templates/admission-controller/servicemonitor.yaml b/charts/kyverno/templates/admission-controller/servicemonitor.yaml
index d97ab2f385..25a203ab7c 100644
--- a/charts/kyverno/templates/admission-controller/servicemonitor.yaml
+++ b/charts/kyverno/templates/admission-controller/servicemonitor.yaml
@@ -1,4 +1,4 @@
-{{- if .Values.admissionController.serviceMonitor.enabled }}
+{{- if and .Values.admissionController.serviceMonitor.enabled (.Capabilities.APIVersions.Has "monitoring.coreos.com/v1") }}
 apiVersion: monitoring.coreos.com/v1
 kind: ServiceMonitor
 metadata:
diff --git a/charts/kyverno/templates/background-controller/servicemonitor.yaml b/charts/kyverno/templates/background-controller/servicemonitor.yaml
index 67c38a22d6..5745ac307a 100644
--- a/charts/kyverno/templates/background-controller/servicemonitor.yaml
+++ b/charts/kyverno/templates/background-controller/servicemonitor.yaml
@@ -1,5 +1,5 @@
 {{- if .Values.backgroundController.enabled -}}
-{{- if .Values.backgroundController.serviceMonitor.enabled -}}
+{{- if and .Values.backgroundController.serviceMonitor.enabled (.Capabilities.APIVersions.Has "monitoring.coreos.com/v1") -}}
 apiVersion: monitoring.coreos.com/v1
 kind: ServiceMonitor
 metadata:
diff --git a/charts/kyverno/templates/cleanup-controller/servicemonitor.yaml b/charts/kyverno/templates/cleanup-controller/servicemonitor.yaml
index e9f50e6347..a26eb643b9 100644
--- a/charts/kyverno/templates/cleanup-controller/servicemonitor.yaml
+++ b/charts/kyverno/templates/cleanup-controller/servicemonitor.yaml
@@ -1,5 +1,5 @@
 {{- if .Values.cleanupController.enabled -}}
-{{- if .Values.cleanupController.serviceMonitor.enabled -}}
+{{- if and .Values.cleanupController.serviceMonitor.enabled (.Capabilities.APIVersions.Has "monitoring.coreos.com/v1") -}}
 apiVersion: monitoring.coreos.com/v1
 kind: ServiceMonitor
 metadata:
diff --git a/charts/kyverno/templates/reports-controller/servicemonitor.yaml b/charts/kyverno/templates/reports-controller/servicemonitor.yaml
index 681e3d9931..1f97b1ecb0 100644
--- a/charts/kyverno/templates/reports-controller/servicemonitor.yaml
+++ b/charts/kyverno/templates/reports-controller/servicemonitor.yaml
@@ -1,5 +1,5 @@
 {{- if .Values.reportsController.enabled -}}
-{{- if .Values.reportsController.serviceMonitor.enabled -}}
+{{- if and .Values.reportsController.serviceMonitor.enabled (.Capabilities.APIVersions.Has "monitoring.coreos.com/v1") -}}
 apiVersion: monitoring.coreos.com/v1
 kind: ServiceMonitor
 metadata: