diff --git a/templates/application-keda.yaml b/templates/application-keda.yaml
index a58c87c3..a373612a 100644
--- a/templates/application-keda.yaml
+++ b/templates/application-keda.yaml
@@ -29,7 +29,7 @@ spec:
       limit: 5
   source:
     repoURL: 'https://kedacore.github.io/charts'
-    targetRevision: 2.15.2
+    targetRevision: 2.16.1
     chart: keda
     helm:
       values: |-