diff --git a/Chart.yaml b/Chart.yaml
index b1e5b5a..b05c3c1 100644
--- a/Chart.yaml
+++ b/Chart.yaml
@@ -6,5 +6,5 @@ description: |-
   and maintained by your friends at Equinix Metal
 
 type: application
-version: 0.1.11
+version: 0.1.12
 appVersion: "0.1.0"
diff --git a/README.md b/README.md
index 99c81d2..922fcd6 100644
--- a/README.md
+++ b/README.md
@@ -1,6 +1,6 @@
 # Krakend
 
-![Version: 0.1.11](https://img.shields.io/badge/Version-0.1.11-informational?style=for-the-badge)
+![Version: 0.1.12](https://img.shields.io/badge/Version-0.1.12-informational?style=for-the-badge)
 ![Type: application](https://img.shields.io/badge/Type-application-informational?style=for-the-badge)
 ![AppVersion: 0.1.0](https://img.shields.io/badge/AppVersion-0.1.0-informational?style=for-the-badge)
 
@@ -74,11 +74,10 @@ please refer to [the official krakend documentation](https://www.krakend.io/docs
 | serviceAccount.annotations | object | `{}` | The annotations to use for the service account |
 | serviceAccount.create | bool | `true` | Specifies whether a service account should be created |
 | serviceAccount.name | string | `""` | The name of the service account to use. If not set and create is true, a name is generated using the fullname template |
-| serviceMonitor | object | `{"annotations":{},"enabled":false,"interval":"10s","labels":{},"scrapeTimeout":"10s","targetPort":9091}` | The serviceMonitor configures a ServiceMonitor for your application |
+| serviceMonitor | object | `{"annotations":{},"enabled":false,"interval":"10s","scrapeTimeout":"10s","targetPort":9091}` | The serviceMonitor configures a ServiceMonitor for your application |
 | serviceMonitor.annotations | object | `{}` | Annotations to add to ServiceMonitor |
 | serviceMonitor.enabled | bool | `false` | Set to true to create a default ServiceMonitor for your application |
 | serviceMonitor.interval | string | `"10s"` | Interval for scrape metrics. |
-| serviceMonitor.labels | object | `{}` | Labels to add to ServiceMonitor |
 | serviceMonitor.scrapeTimeout | string | `"10s"` | time out interval when scraping metrics |
 | serviceMonitor.targetPort | int | `9091` | prometheus metrics port exposed by krakend |
 | strategy | object | `{}` | The strategy for the krakend deployment. This can either be a `deployment` or a `rollout` strategy. For more information on the Argo Rollout strategy, see https://argo-rollouts.readthedocs.io/en/stable/features/specification/ |
diff --git a/templates/service-monitor.yaml b/templates/service-monitor.yaml
index f4db4f7..d1b751b 100644
--- a/templates/service-monitor.yaml
+++ b/templates/service-monitor.yaml
@@ -12,8 +12,14 @@ metadata:
     {{- end }}
   {{- end }}
 spec:
+  namespaceSelector:
+    matchNames:
+      - {{ .Release.Namespace }}
   selector:
     matchLabels: {{- include "krakend.selectorLabels" . | nindent 6 }}
   endpoints:
-    - port: metrics
+    - interval: {{ .Values.serviceMonitor.interval }}
+      scrapeTimeout: {{ .Values.serviceMonitor.scrapeTimeout }}
+      path: /metrics
+      targetPort: {{ .Values.serviceMonitor.targetPort }}
 {{- end }}
diff --git a/values.yaml b/values.yaml
index 79ee84c..c5d982e 100644
--- a/values.yaml
+++ b/values.yaml
@@ -210,8 +210,6 @@ readinessProbe:
 serviceMonitor:
   # -- (bool) Set to true to create a default ServiceMonitor for your application
   enabled: false
-  # -- Labels to add to ServiceMonitor
-  labels: {}
   # -- Annotations to add to ServiceMonitor
   annotations: {}
   # -- Interval for scrape metrics.