diff --git a/system/keda/release.yaml b/system/keda/release.yaml
index 42e0bb687..7ceb36353 100644
--- a/system/keda/release.yaml
+++ b/system/keda/release.yaml
@@ -9,7 +9,7 @@ spec:
   chart:
     spec:
       chart: keda
-      version: 2.16.0
+      version: 2.16.1
       sourceRef:
         kind: HelmRepository
         name: keda