diff --git a/charts/stable/victoriametrics/Chart.yaml b/charts/stable/victoriametrics/Chart.yaml
index 9843b81c328..a28d44c15a8 100644
--- a/charts/stable/victoriametrics/Chart.yaml
+++ b/charts/stable/victoriametrics/Chart.yaml
@@ -11,7 +11,7 @@ annotations:
   truecharts.org/min_kubernetes_version: 1.24.0
   truecharts.org/train: stable
 apiVersion: v2
-appVersion: 1.128.0
+appVersion: 1.129.0
 dependencies:
   - name: common
     version: 28.26.3
@@ -40,5 +40,5 @@ sources:
   - https://github.com/trueforge-org/truecharts/tree/master/charts/stable/victoriametrics
   - https://hub.docker.com/r/victoriametrics/victoria-metrics
 type: application
-version: 4.19.2
+version: 4.20.0
 
diff --git a/charts/stable/victoriametrics/values.yaml b/charts/stable/victoriametrics/values.yaml
index ec6d10341cb..3fba2da2cb2 100644
--- a/charts/stable/victoriametrics/values.yaml
+++ b/charts/stable/victoriametrics/values.yaml
@@ -1,6 +1,6 @@
 image:
   repository: docker.io/victoriametrics/victoria-metrics
-  tag: v1.128.0@sha256:c27e736a8aff888cf30c4f20ec648b767358694993d87e89afc6bf80f28991da
+  tag: v1.129.0@sha256:4d05e6f5bc1a8c878d81234acd18bb84240e1e0d4e7e1641d6ee7941731e4dcd
   pullPolicy: IfNotPresent
 service:
   main: