diff --git a/stable/minio/Chart.yaml b/stable/minio/Chart.yaml
index 1ef019cc5f..bba068f9b6 100755
--- a/stable/minio/Chart.yaml
+++ b/stable/minio/Chart.yaml
@@ -1,7 +1,7 @@
 apiVersion: v1
 description: MinIO is a high performance data infrastructure for machine learning, analytics and application data workloads.
 name: minio
-version: 5.0.2
+version: 5.0.3
 appVersion: master
 keywords:
 - storage
diff --git a/stable/minio/README.md b/stable/minio/README.md
index 72742756c9..766d80b707 100755
--- a/stable/minio/README.md
+++ b/stable/minio/README.md
@@ -115,6 +115,7 @@ The following table lists the configurable parameters of the MinIO chart and the
 | `certsPath`                               | Default certs path location                                                                                                             | `/etc/minio/certs`                         |
 | `configPathmc`                            | Default config file location for MinIO client - mc                                                                                      | `/etc/minio/mc`                            |
 | `mountPath`                               | Default mount location for persistent drive                                                                                             | `/export`                                  |
+| `bucketRoot`                              | Directory from where minio should serve buckets.                                                                                        | Value of `.mountPath`                      |
 | `clusterDomain`                           | domain name of kubernetes cluster where pod is running.                                                                                 | `cluster.local`                            |
 | `service.type`                            | Kubernetes service type                                                                                                                 | `ClusterIP`                                |
 | `service.port`                            | Kubernetes port where service is exposed                                                                                                | `9000`                                     |
diff --git a/stable/minio/templates/deployment.yaml b/stable/minio/templates/deployment.yaml
index 29b7811414..83dc2ce9ae 100644
--- a/stable/minio/templates/deployment.yaml
+++ b/stable/minio/templates/deployment.yaml
@@ -1,4 +1,5 @@
 {{- if eq .Values.mode "standalone" }}
+{{ $bucketRoot := or ($.Values.bucketRoot) ($.Values.mountPath) }}
 apiVersion: {{ template "minio.deployment.apiVersion" . }}
 kind: Deployment
 metadata:
@@ -91,7 +92,7 @@ spec:
           {{- if .Values.nasgateway.enabled }}
           command: [ "/bin/sh",
           "-ce",
-          "/usr/bin/docker-entrypoint.sh minio -S {{ .Values.certsPath }} gateway nas {{ .Values.mountPath }}" ]
+          "/usr/bin/docker-entrypoint.sh minio -S {{ .Values.certsPath }} gateway nas {{ $bucketRoot }}" ]
           {{- else }}
           {{- if .Values.b2gateway.enabled }}
           command: [ "/bin/sh",
@@ -100,7 +101,7 @@ spec:
           {{- else }}
           command: [ "/bin/sh",
           "-ce",
-          "/usr/bin/docker-entrypoint.sh minio -S {{ .Values.certsPath }} server {{ .Values.mountPath }}" ]
+          "/usr/bin/docker-entrypoint.sh minio -S {{ .Values.certsPath }} server {{ $bucketRoot }}" ]
           {{- end }}
           {{- end }}
           {{- end }}
diff --git a/stable/minio/templates/statefulset.yaml b/stable/minio/templates/statefulset.yaml
index 69c5ba086b..d0d00c554c 100644
--- a/stable/minio/templates/statefulset.yaml
+++ b/stable/minio/templates/statefulset.yaml
@@ -7,6 +7,7 @@
 {{ $scheme := "https" }}
 {{ end }}
 {{ $mountPath := .Values.mountPath }}
+{{ $bucketRoot := or ($.Values.bucketRoot) ($.Values.mountPath) }}
 {{ $subPath := .Values.persistence.subPath }}
 {{ $penabled := .Values.persistence.enabled }}
 {{ $accessMode := .Values.persistence.accessMode }}
@@ -81,7 +82,7 @@ spec:
         - name: {{ .Chart.Name }}
           image: {{ .Values.image.repository }}:{{ .Values.image.tag }}
           imagePullPolicy: {{ .Values.image.pullPolicy }}
-          command: [ "/bin/sh", "-ce", "/usr/bin/docker-entrypoint.sh minio -S {{ .Values.certsPath }} server {{- range $i := until $zoneCount }}{{ $factor := mul $i $nodeCount }}{{ $endIndex := add $factor $nodeCount }}{{ $beginIndex := mul $i $nodeCount }}  {{ $scheme }}://{{ template `minio.fullname` $ }}-{{ `{` }}{{ $beginIndex }}...{{ sub $endIndex 1 }}{{ `}`}}.{{ template `minio.fullname` $ }}-svc.{{ $.Release.Namespace }}.svc.{{ $.Values.clusterDomain }}{{if (gt $drivesPerNode 1)}}{{ $.Values.mountPath }}-{{ `{` }}0...{{ sub $drivesPerNode 1 }}{{ `}` }}{{else}}{{ $.Values.mountPath }}{{end}}{{- end}}" ]
+          command: [ "/bin/sh", "-ce", "/usr/bin/docker-entrypoint.sh minio -S {{ .Values.certsPath }} server {{- range $i := until $zoneCount }}{{ $factor := mul $i $nodeCount }}{{ $endIndex := add $factor $nodeCount }}{{ $beginIndex := mul $i $nodeCount }}  {{ $scheme }}://{{ template `minio.fullname` $ }}-{{ `{` }}{{ $beginIndex }}...{{ sub $endIndex 1 }}{{ `}`}}.{{ template `minio.fullname` $ }}-svc.{{ $.Release.Namespace }}.svc.{{ $.Values.clusterDomain }}{{if (gt $drivesPerNode 1)}}{{ $bucketRoot }}-{{ `{` }}0...{{ sub $drivesPerNode 1 }}{{ `}` }}{{else}}{{ $bucketRoot }}{{end}}{{- end}}" ]
           {{- if .Values.extraArgs }}
           args:
 {{ toYaml .Values.extraArgs | indent 12 }}
diff --git a/stable/minio/values.yaml b/stable/minio/values.yaml
index 5a89386988..7094fede0f 100755
--- a/stable/minio/values.yaml
+++ b/stable/minio/values.yaml
@@ -60,6 +60,11 @@ certsPath: "/etc/minio/certs/"
 configPathmc: "/etc/minio/mc/"
 mountPath: "/export"
 
+## Override the root directory which the minio server should serve from.
+## If left empty, it defaults to the value of {{ .Values.mountPath }}
+## If defined, it must be a sub-directory of the path specified in {{ .Values.mountPath }}
+bucketRoot: ""
+
 # Number of drives attached to a node
 drivesPerNode: 1
 # Number of MinIO containers running