diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 09d0eb65b..4d2c02688 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -5,4 +5,4 @@ resources:
 images:
   - name: fluxcd/helm-controller
     newName: fluxcd/helm-controller
-    newTag: v1.0.0
+    newTag: v1.0.1
diff --git a/go.mod b/go.mod
index 18680f102..04668f4b2 100644
--- a/go.mod
+++ b/go.mod
@@ -17,7 +17,7 @@ replace (
 require (
 	github.com/Masterminds/semver v1.5.0
 	github.com/fluxcd/cli-utils v0.36.0-flux.7
-	github.com/fluxcd/helm-controller/api v1.0.0
+	github.com/fluxcd/helm-controller/api v1.0.1
 	github.com/fluxcd/pkg/apis/acl v0.3.0
 	github.com/fluxcd/pkg/apis/event v0.9.0
 	github.com/fluxcd/pkg/apis/kustomize v1.5.0