diff --git a/charts/victoria-metrics-k8s-stack/CHANGELOG.md b/charts/victoria-metrics-k8s-stack/CHANGELOG.md
index b5da74713..39162bda4 100644
--- a/charts/victoria-metrics-k8s-stack/CHANGELOG.md
+++ b/charts/victoria-metrics-k8s-stack/CHANGELOG.md
@@ -1,6 +1,6 @@
 ## Next release
 
-- TODO
+- Fixed default image tags template. See [this issue](https://github.com/VictoriaMetrics/helm-charts/issues/1587)
 
 ## 0.27.3
 
diff --git a/charts/victoria-metrics-k8s-stack/Chart.yaml b/charts/victoria-metrics-k8s-stack/Chart.yaml
index 13d6c8624..540b39d2f 100644
--- a/charts/victoria-metrics-k8s-stack/Chart.yaml
+++ b/charts/victoria-metrics-k8s-stack/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v2
 name: victoria-metrics-k8s-stack
 description: Kubernetes monitoring on VictoriaMetrics stack. Includes VictoriaMetrics Operator, Grafana dashboards, ServiceScrapes and VMRules
 type: application
-version: 0.27.3
+version: 0.27.4
 appVersion: v1.104.0
 sources:
   - https://github.com/VictoriaMetrics/helm-charts
diff --git a/charts/victoria-metrics-k8s-stack/templates/_helpers.tpl b/charts/victoria-metrics-k8s-stack/templates/_helpers.tpl
index 9d290d9af..d0ed64eb1 100644
--- a/charts/victoria-metrics-k8s-stack/templates/_helpers.tpl
+++ b/charts/victoria-metrics-k8s-stack/templates/_helpers.tpl
@@ -377,9 +377,10 @@ If release name contains chart name it will be used as a full name.
   {{- $Values := (.helm).Values | default .Values }}
   {{- $Chart := (.helm).Chart | default .Chart }}
   {{- $spec := (include "vm.select.spec" . | fromYaml) -}}
-  {{- $_ := set $spec "vminsert" (dict "image" (dict "tag" (printf "%s-cluster" $Chart.AppVersion))) -}}
-  {{- $_ := set $spec "vmstorage" (dict "image" (dict "tag" (printf "%s-cluster" $Chart.AppVersion))) -}}
   {{- $clusterSpec := (deepCopy $Values.vmcluster.spec) -}}
+  {{- $imageSpec := (dict "image" (dict "tag" (printf "%s-cluster" $Chart.AppVersion))) -}}
+  {{- $clusterSpec = mergeOverwrite (dict "vminsert" (deepCopy $imageSpec)) $clusterSpec -}}
+  {{- $clusterSpec = mergeOverwrite (dict "vmstorage" (deepCopy $imageSpec)) $clusterSpec -}}
   {{- with (include "vm.license.global" .) -}}
     {{- $_ := set $clusterSpec "license" (fromYaml .) -}}
   {{- end -}}