diff --git a/charts/pravega/Chart.yaml b/charts/pravega/Chart.yaml
index 7689592..e7e6ba4 100644
--- a/charts/pravega/Chart.yaml
+++ b/charts/pravega/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v2
 name: pravega
 description: Pravega Helm chart for Kubernetes
 version: 0.10.5
-appVersion: 0.11.0
+appVersion: 0.12.0
 keywords:
 - pravega
 - storage
diff --git a/charts/pravega/README.md b/charts/pravega/README.md
index 995321e..b5588a6 100644
--- a/charts/pravega/README.md
+++ b/charts/pravega/README.md
@@ -119,7 +119,7 @@ The following table lists the configurable parameters of the pravega chart and t
 
 | Parameter | Description | Default |
 | ----- | ----------- | ------ |
-| `image.tag` | `Version of Pravega image` | `0.11.0` |
+| `image.tag` | `Version of Pravega image` | `0.12.0` |
 | `image.repository` | Image repository | `pravega/pravega` |
 | `image.pullPolicy` | Image pull policy | `IfNotPresent` |
 | `tls` | Pravega security configuration passed to the Pravega processes | `{}` |
diff --git a/charts/pravega/values.yaml b/charts/pravega/values.yaml
index 92dbafc..aaf6f2d 100644
--- a/charts/pravega/values.yaml
+++ b/charts/pravega/values.yaml
@@ -32,7 +32,7 @@ externalAccess:
 image:
   repository: pravega/pravega
   pullPolicy: IfNotPresent
-  tag: 0.11.0
+  tag: 0.12.0
 
 hooks:
   image: