diff --git a/stable/kubed/Chart.yaml b/stable/kubed/Chart.yaml
index 3a35eb2dab..64aa5f17c5 100755
--- a/stable/kubed/Chart.yaml
+++ b/stable/kubed/Chart.yaml
@@ -1,8 +1,8 @@
 apiVersion: v1
 description: 'Kubed by AppsCode - Kubernetes daemon'
 name: kubed
-version: 0.1.0
-appVersion: 0.3.0
+version: 0.2.0
+appVersion: 0.4.0
 home: https://github.com/appscode/kubed
 icon: https://cdn.appscode.com/images/icon/kubed.png
 sources:
diff --git a/stable/kubed/README.md b/stable/kubed/README.md
index a6420dee61..aaadc0303c 100644
--- a/stable/kubed/README.md
+++ b/stable/kubed/README.md
@@ -43,7 +43,7 @@ The following tables lists the configurable parameters of the Kubed chart and th
 | --------------------------| ------------------------------------------------------------------|--------------------|
 | `replicaCount`            | Number of kubed operator replicas to create (only 1 is supported) | `1`                |
 | `image`                   | container image                                                   | `appscode/kubed`   |
-| `tag`                     | container image tag                                               | `0.3.0`            |
+| `tag`                     | container image tag                                               | `0.4.0`            |
 | `imagePullSecrets`        | Specify image pull secrets                                        | `nil` (does not add image pull secrets to deployed pods) |
 | `imagePullPolicy`         | Image pull policy                                                 | `IfNotPresent`     |
 | `criticalAddon`           | If true, installs kubed operator as critical addon                | `false`            |
diff --git a/stable/kubed/values.yaml b/stable/kubed/values.yaml
index 7f93330f69..fb1365f8e4 100644
--- a/stable/kubed/values.yaml
+++ b/stable/kubed/values.yaml
@@ -4,7 +4,7 @@
 replicaCount: 1
 kubed:
   image: appscode/kubed
-  tag: 0.3.0
+  tag: 0.4.0
 ## Optionally specify an array of imagePullSecrets.
 ## Secrets must be manually created in the namespace.
 ## ref: https://kubernetes.io/docs/concepts/containers/images/#specifying-imagepullsecrets-on-a-pod