diff --git a/charts/stable/ipfs/Chart.yaml b/charts/stable/ipfs/Chart.yaml
index 6d7fbcf350f..9a02b3076b4 100644
--- a/charts/stable/ipfs/Chart.yaml
+++ b/charts/stable/ipfs/Chart.yaml
@@ -7,7 +7,7 @@ annotations:
   truecharts.org/min_helm_version: "3.11"
   truecharts.org/train: stable
 apiVersion: v2
-appVersion: 0.28.0
+appVersion: 0.29.0
 dependencies:
   - name: common
     version: 24.0.1
@@ -34,4 +34,4 @@ sources:
   - https://github.com/truecharts/charts/tree/master/charts/stable/ipfs
   - https://hub.docker.com/r/ipfs/kubo
 type: application
-version: 12.0.1
+version: 12.1.0
diff --git a/charts/stable/ipfs/values.yaml b/charts/stable/ipfs/values.yaml
index 936842ceee3..715198db4c9 100644
--- a/charts/stable/ipfs/values.yaml
+++ b/charts/stable/ipfs/values.yaml
@@ -1,7 +1,7 @@
 image:
   repository: ipfs/kubo
   pullPolicy: IfNotPresent
-  tag: v0.28.0@sha256:1f6e4f870bc3d5b90563a9d29fc399c53a16ef9cf6580e1491b7914a6c8e510e
+  tag: v0.29.0@sha256:53236eaeb876c6d837ee7b04a9b0e737a22e5f4471d0f99fb499fba28034aa61
 service:
   main:
     ports: