diff --git a/charts/incubator/victoriametrics/Chart.yaml b/charts/incubator/victoriametrics/Chart.yaml
index 624ffd8f54e..b972d1ec529 100644
--- a/charts/incubator/victoriametrics/Chart.yaml
+++ b/charts/incubator/victoriametrics/Chart.yaml
@@ -7,7 +7,7 @@ annotations:
   truecharts.org/min_helm_version: "3.11"
   truecharts.org/train: incubator
 apiVersion: v2
-appVersion: 1.99.0
+appVersion: 1.101.0
 dependencies:
   - name: common
     version: 23.0.10
@@ -35,4 +35,4 @@ sources:
   - https://github.com/truecharts/charts/tree/master/charts/incubator/victoriametrics
   - https://hub.docker.com/r/victoriametrics/victoria-metrics
 type: application
-version: 1.0.5
+version: 1.1.0
diff --git a/charts/incubator/victoriametrics/values.yaml b/charts/incubator/victoriametrics/values.yaml
index 1bbecb87bfe..fa852f9616d 100644
--- a/charts/incubator/victoriametrics/values.yaml
+++ b/charts/incubator/victoriametrics/values.yaml
@@ -1,6 +1,6 @@
 image:
   repository: victoriametrics/victoria-metrics
-  tag: v1.99.0@sha256:e3e18b05a2c056ac2daa0215b284f0583dcb47c8a0db2965a8eaf9f219535734
+  tag: v1.101.0@sha256:91d0456cc064e195869175074ced2a6849d72531613b320492698e5fe935d10a
   pullPolicy: IfNotPresent
 service:
   main: