diff --git a/README.adoc b/README.adoc
index e49d1ae1..e712ccf0 100644
--- a/README.adoc
+++ b/README.adoc
@@ -1,6 +1,6 @@
 = devops-stack-module-kube-prometheus-stack
 // Document attributes to replace along the document
-:kube-prometheus-stack-chart-version: 48.1.1
+:kube-prometheus-stack-chart-version: 48.3.1
 :chart-url: https://github.com/prometheus-community/helm-charts/blob/main/charts/kube-prometheus-stack
 
 A https://devops-stack.io[DevOps Stack] module to deploy and configure https://github.com/prometheus-community/helm-charts/tree/main/charts/kube-prometheus-stack[kube-prometheus-chart].
diff --git a/charts/kube-prometheus-stack/Chart.lock b/charts/kube-prometheus-stack/Chart.lock
index 46f83c3a..1b20fe53 100644
--- a/charts/kube-prometheus-stack/Chart.lock
+++ b/charts/kube-prometheus-stack/Chart.lock
@@ -1,6 +1,6 @@
 dependencies:
 - name: kube-prometheus-stack
   repository: https://prometheus-community.github.io/helm-charts
-  version: 48.1.1
-digest: sha256:6a05b4c7baa9f491fdc6afacb417a664892a1c073f2f757d72c15c50c5025ec3
-generated: "2023-07-17T14:44:20.358349106+02:00"
+  version: 48.3.1
+digest: sha256:cdafcb03fc898212baf3566324a4a09beab8e35670dcec8e8ba1ad0dfb358748
+generated: "2023-08-11T07:06:12.593510236Z"
diff --git a/charts/kube-prometheus-stack/Chart.yaml b/charts/kube-prometheus-stack/Chart.yaml
index 7ad7656c..89c28a52 100644
--- a/charts/kube-prometheus-stack/Chart.yaml
+++ b/charts/kube-prometheus-stack/Chart.yaml
@@ -1,10 +1,9 @@
----
-apiVersion: "v2"
-name: "kube-prometheus-stack"
-version: "0"
+apiVersion: v2
+dependencies:
+- name: kube-prometheus-stack
+  repository: https://prometheus-community.github.io/helm-charts
+  version: 48.3.1
 description: |
   This chart installs the kube-prometheus-stack and configures Grafana dashboards for monitoring Kubernetes cluster with Prometheus.
-dependencies:
-  - name: "kube-prometheus-stack"
-    version: "48.1.1"
-    repository: "https://prometheus-community.github.io/helm-charts"
+name: kube-prometheus-stack
+version: "0"
diff --git a/charts/kube-prometheus-stack/charts/kube-prometheus-stack-48.1.1.tgz b/charts/kube-prometheus-stack/charts/kube-prometheus-stack-48.1.1.tgz
deleted file mode 100644
index df6c31bf..00000000
Binary files a/charts/kube-prometheus-stack/charts/kube-prometheus-stack-48.1.1.tgz and /dev/null differ
diff --git a/charts/kube-prometheus-stack/charts/kube-prometheus-stack-48.3.1.tgz b/charts/kube-prometheus-stack/charts/kube-prometheus-stack-48.3.1.tgz
new file mode 100644
index 00000000..ebd9daad
Binary files /dev/null and b/charts/kube-prometheus-stack/charts/kube-prometheus-stack-48.3.1.tgz differ