diff --git a/charts/dependency/memcached/Chart.yaml b/charts/dependency/memcached/Chart.yaml
index 5eba1da11b3..b3a75247483 100644
--- a/charts/dependency/memcached/Chart.yaml
+++ b/charts/dependency/memcached/Chart.yaml
@@ -24,7 +24,7 @@ sources:
   - https://github.com/bitnami/bitnami-docker-memcached
   - http://memcached.org/
 type: application
-version: 5.0.30
+version: 5.0.31
 annotations:
   truecharts.org/catagories: |
     - database