diff --git a/charts/stable/openobserve/Chart.yaml b/charts/stable/openobserve/Chart.yaml
index 5ed3fa7a35f..40a508a44ab 100644
--- a/charts/stable/openobserve/Chart.yaml
+++ b/charts/stable/openobserve/Chart.yaml
@@ -11,7 +11,7 @@ annotations:
   truecharts.org/min_kubernetes_version: 1.24.0
   truecharts.org/train: stable
 apiVersion: v2
-appVersion: 0.50.0
+appVersion: 0.50.1
 dependencies:
   - name: common
     version: 28.29.27
@@ -40,5 +40,5 @@ sources:
   - https://github.com/openobserve/openobserve
   - https://github.com/trueforge-org/truecharts/tree/master/charts/stable/openobserve
 type: application
-version: 1.17.0
+version: 1.17.1
 
diff --git a/charts/stable/openobserve/values.yaml b/charts/stable/openobserve/values.yaml
index dedf24b824c..1626b2c8571 100644
--- a/charts/stable/openobserve/values.yaml
+++ b/charts/stable/openobserve/values.yaml
@@ -1,6 +1,6 @@
 image:
   repository: public.ecr.aws/zinclabs/openobserve
-  tag: v0.50.0@sha256:7782466cbefdadce807caf74b850f8bda4f73d2772c64a36e96aa70af7740330
+  tag: v0.50.1@sha256:1372e4e5c86a2fbf7b10ed4725df3d3741aea9c21dd3ddb51ad2bc012c3a2361
   pullPolicy: IfNotPresent
 
 persistence: