diff --git a/internal/version/version.go b/internal/version/version.go
index 3daf80893..007f79f16 100644
--- a/internal/version/version.go
+++ b/internal/version/version.go
@@ -34,7 +34,7 @@ var (
 	//
 	// Increment major number for new feature additions and behavioral changes.
 	// Increment minor number for bug fixes and performance enhancements.
-	version = "v4.1"
+	version = "v4.2"
 
 	// metadata is extra build time data
 	metadata = ""
diff --git a/pkg/chart/common/capabilities_test.go b/pkg/chart/common/capabilities_test.go
index c9f026cbb..c8d47581c 100644
--- a/pkg/chart/common/capabilities_test.go
+++ b/pkg/chart/common/capabilities_test.go
@@ -60,8 +60,8 @@ func TestDefaultCapabilities(t *testing.T) {
 	}
 
 	hv := caps.HelmVersion
-	if hv.Version != "v4.1" {
-		t.Errorf("Expected default HelmVersion to be v4.1, got %q", hv.Version)
+	if hv.Version != "v4.2" {
+		t.Errorf("Expected default HelmVersion to be v4.2, got %q", hv.Version)
 	}
 }
 
diff --git a/pkg/cmd/testdata/output/version-short.txt b/pkg/cmd/testdata/output/version-short.txt
index 8cf4318fb..2fa2c5705 100644
--- a/pkg/cmd/testdata/output/version-short.txt
+++ b/pkg/cmd/testdata/output/version-short.txt
@@ -1 +1 @@
-v4.1
+v4.2
diff --git a/pkg/cmd/testdata/output/version-template.txt b/pkg/cmd/testdata/output/version-template.txt
index 8fd8b4962..8f2491e54 100644
--- a/pkg/cmd/testdata/output/version-template.txt
+++ b/pkg/cmd/testdata/output/version-template.txt
@@ -1 +1 @@
-Version: v4.1
\ No newline at end of file
+Version: v4.2
\ No newline at end of file
diff --git a/pkg/cmd/testdata/output/version.txt b/pkg/cmd/testdata/output/version.txt
index 1f4cf4d4a..331c6d5e9 100644
--- a/pkg/cmd/testdata/output/version.txt
+++ b/pkg/cmd/testdata/output/version.txt
@@ -1 +1 @@
-version.BuildInfo{Version:"v4.1", GitCommit:"", GitTreeState:"", GoVersion:"", KubeClientVersion:"v1.20"}
+version.BuildInfo{Version:"v4.2", GitCommit:"", GitTreeState:"", GoVersion:"", KubeClientVersion:"v1.20"}