diff --git a/charts/fission-all/values.yaml b/charts/fission-all/values.yaml
index c6333708..d3a384fe 100644
--- a/charts/fission-all/values.yaml
+++ b/charts/fission-all/values.yaml
@@ -13,13 +13,13 @@ image: fission/fission-bundle
 pullPolicy: IfNotPresent
 
 ## Fission image version
-imageTag: 0.3.0
+imageTag: 0.4.0rc
 
 ## Fission fetcher repository
 fetcherImage: fission/fetcher
 
 ## Fission fetcher image version
-fetcherImageTag: 0.3.0
+fetcherImageTag: 0.4.0rc
 
 ## Port at which Fission controller service should be exposed
 controllerPort: 31313
diff --git a/charts/fission-core/values.yaml b/charts/fission-core/values.yaml
index f3f3d4ba..4ec563ad 100644
--- a/charts/fission-core/values.yaml
+++ b/charts/fission-core/values.yaml
@@ -10,7 +10,7 @@ serviceType: LoadBalancer
 image: fission/fission-bundle
 
 ## Fission image version
-imageTag: 0.3.0
+imageTag: 0.4.0rc
 
 ## Image pull policy
 pullPolicy: IfNotPresent
@@ -19,7 +19,7 @@ pullPolicy: IfNotPresent
 fetcherImage: fission/fetcher
 
 ## Fission fetcher image version
-fetcherImageTag: 0.3.0
+fetcherImageTag: 0.4.0rc
 
 ## Port at which Fission controller service should be exposed
 controllerPort: 31313