diff --git a/charts/stable/redis/Chart.yaml b/charts/stable/redis/Chart.yaml
index 0389619b0a3..fae32964562 100644
--- a/charts/stable/redis/Chart.yaml
+++ b/charts/stable/redis/Chart.yaml
@@ -37,5 +37,5 @@ sources:
   - https://github.com/trueforge-org/truecharts/tree/master/charts/stable/redis
   - https://hub.docker.com/r/bitnamisecure/redis
 type: application
-version: 18.3.0
+version: 18.3.1
 
diff --git a/charts/stable/redis/values.yaml b/charts/stable/redis/values.yaml
index 4ad30b4dff3..0b5efc3ecb6 100644
--- a/charts/stable/redis/values.yaml
+++ b/charts/stable/redis/values.yaml
@@ -2,7 +2,7 @@
 image:
   repository: docker.io/bitnamisecure/redis
   pullPolicy: IfNotPresent
-  tag: latest@sha256:b90e0708affe88f438e0577f5fcbc8036b97382c97bbb656726756f0b8d89480
+  tag: latest@sha256:1347d526ecec0c6537e99eac09e7c3405c21664f6044ff60e78b0898da37abd2
 
 workload:
   main: