diff --git a/stable/mlrun/Chart.yaml b/stable/mlrun/Chart.yaml
index 9a48d7d41..f1f09a859 100644
--- a/stable/mlrun/Chart.yaml
+++ b/stable/mlrun/Chart.yaml
@@ -1,6 +1,6 @@
 apiVersion: v1
 name: mlrun
-version: 0.8.27
+version: 0.8.28
 appVersion: 1.4.0
 description: Machine Learning automation and tracking
 sources:
diff --git a/stable/mlrun/templates/db-configmap-init.yaml b/stable/mlrun/templates/db-configmap-init.yaml
index b767fee73..ea318cedd 100644
--- a/stable/mlrun/templates/db-configmap-init.yaml
+++ b/stable/mlrun/templates/db-configmap-init.yaml
@@ -12,4 +12,7 @@ data:
     GRANT ALL PRIVILEGES ON *.* TO 'root'@'%';
     FLUSH PRIVILEGES;
     CREATE DATABASE IF NOT EXISTS mlrun;
+    {{- if not .Values.modelMonitoring.dsn }}
+    CREATE DATABASE IF NOT EXISTS mlrun_model_monitoring;
+    {{- end }}
 {{- end }}
diff --git a/stable/mlrun/values.yaml b/stable/mlrun/values.yaml
index b71445805..e37193efd 100644
--- a/stable/mlrun/values.yaml
+++ b/stable/mlrun/values.yaml
@@ -599,6 +599,11 @@ httpDB:
   # dsn: "mysql+pymysql://root@mlrun-db:3306/mlrun"
   # oldDsn: "sqlite:////mlrun/db/mlrun.db?check_same_thread=false"
 
+modelMonitoring:
+  # If no dsn has been provided, will initiate monitoring database under mlrun-db service:
+  # mysql+pymysql://root@mlrun-db:3306/mlrun_model_monitoring
+  dsn:
+
 defaultDockerRegistryURL: ""
 defaultDockerRegistrySecretName: ""