diff --git a/bitnami/mongodb/5.0/debian-11/Dockerfile b/bitnami/mongodb/5.0/debian-11/Dockerfile
index 0714cbb98776..b324349d47f6 100644
--- a/bitnami/mongodb/5.0/debian-11/Dockerfile
+++ b/bitnami/mongodb/5.0/debian-11/Dockerfile
@@ -7,10 +7,10 @@ ARG TARGETARCH
 
 LABEL com.vmware.cp.artifact.flavor="sha256:1e1b4657a77f0d47e9220f0c37b9bf7802581b93214fff7d1bd2364c8bf22e8e" \
       org.opencontainers.image.base.name="docker.io/bitnami/minideb:bullseye" \
-      org.opencontainers.image.created="2023-07-31T02:23:25Z" \
+      org.opencontainers.image.created="2023-08-03T04:37:17Z" \
       org.opencontainers.image.description="Application packaged by VMware, Inc" \
       org.opencontainers.image.licenses="Apache-2.0" \
-      org.opencontainers.image.ref.name="5.0.19-debian-11-r16" \
+      org.opencontainers.image.ref.name="5.0.19-debian-11-r19" \
       org.opencontainers.image.title="mongodb" \
       org.opencontainers.image.vendor="VMware, Inc." \
       org.opencontainers.image.version="5.0.19"
@@ -26,7 +26,7 @@ SHELL ["/bin/bash", "-o", "pipefail", "-c"]
 RUN install_packages ca-certificates curl libbrotli1 libcom-err2 libcurl4 libffi7 libgcc-s1 libgcrypt20 libgmp10 libgnutls30 libgpg-error0 libgssapi-krb5-2 libhogweed6 libidn2-0 libk5crypto3 libkeyutils1 libkrb5-3 libkrb5support0 libldap-2.4-2 liblzma5 libnettle8 libnghttp2-14 libp11-kit0 libpsl5 librtmp1 libsasl2-2 libssh2-1 libssl1.1 libtasn1-6 libunistring2 numactl procps zlib1g
 RUN mkdir -p /tmp/bitnami/pkg/cache/ && cd /tmp/bitnami/pkg/cache/ && \
     COMPONENTS=( \
-      "mongodb-shell-1.10.2-0-linux-${OS_ARCH}-debian-11" \
+      "mongodb-shell-1.10.3-0-linux-${OS_ARCH}-debian-11" \
       "yq-4.34.2-1-linux-${OS_ARCH}-debian-11" \
       "wait-for-port-1.0.6-11-linux-${OS_ARCH}-debian-11" \
       "render-template-1.0.5-10-linux-${OS_ARCH}-debian-11" \
diff --git a/bitnami/mongodb/5.0/debian-11/prebuildfs/opt/bitnami/.bitnami_components.json b/bitnami/mongodb/5.0/debian-11/prebuildfs/opt/bitnami/.bitnami_components.json
index 5f0533467ce8..04867122e497 100644
--- a/bitnami/mongodb/5.0/debian-11/prebuildfs/opt/bitnami/.bitnami_components.json
+++ b/bitnami/mongodb/5.0/debian-11/prebuildfs/opt/bitnami/.bitnami_components.json
@@ -9,7 +9,7 @@
         "arch": "amd64",
         "distro": "debian-11",
         "type": "NAMI",
-        "version": "1.10.2-0"
+        "version": "1.10.3-0"
     },
     "render-template": {
         "arch": "amd64",
diff --git a/bitnami/mongodb/5.0/debian-11/rootfs/opt/bitnami/scripts/libmongodb.sh b/bitnami/mongodb/5.0/debian-11/rootfs/opt/bitnami/scripts/libmongodb.sh
index d138b084a596..0f8914ecbf31 100644
--- a/bitnami/mongodb/5.0/debian-11/rootfs/opt/bitnami/scripts/libmongodb.sh
+++ b/bitnami/mongodb/5.0/debian-11/rootfs/opt/bitnami/scripts/libmongodb.sh
@@ -1397,15 +1397,6 @@ mongodb_initialize() {
     mongodb_set_storage_conf "$MONGODB_CONF_FILE"
     is_boolean_yes "$MONGODB_DISABLE_JAVASCRIPT" && mongodb_disable_javascript_conf "$MONGODB_CONF_FILE"
 
-    # Create the ReplicaSet keyFile before Mongo starts in case it is referenced in the $MONGODB_CONF_FILE
-    if [[ -n "$MONGODB_REPLICA_SET_MODE" ]]; then
-        if [[ -n "$MONGODB_REPLICA_SET_KEY" ]]; then
-            mongodb_create_keyfile "$MONGODB_REPLICA_SET_KEY"
-            mongodb_set_keyfile_conf "$MONGODB_CONF_FILE"
-        fi
-        mongodb_set_replicasetmode_conf "$MONGODB_CONF_FILE"
-    fi
-
     if is_dir_empty "$MONGODB_DATA_DIR/db"; then
         info "Deploying MongoDB from scratch..."
         ensure_dir_exists "$MONGODB_DATA_DIR/db"
@@ -1414,6 +1405,11 @@ mongodb_initialize() {
         mongodb_start_bg "$MONGODB_CONF_FILE"
         mongodb_create_users
         if [[ -n "$MONGODB_REPLICA_SET_MODE" ]]; then
+            if [[ -n "$MONGODB_REPLICA_SET_KEY" ]]; then
+                mongodb_create_keyfile "$MONGODB_REPLICA_SET_KEY"
+                mongodb_set_keyfile_conf "$MONGODB_CONF_FILE"
+            fi
+            mongodb_set_replicasetmode_conf "$MONGODB_CONF_FILE"
             mongodb_set_listen_all_conf "$MONGODB_CONF_FILE"
             mongodb_configure_replica_set
         fi
@@ -1422,8 +1418,15 @@ mongodb_initialize() {
     else
         mongodb_set_auth_conf "$MONGODB_CONF_FILE"
         info "Deploying MongoDB with persisted data..."
-        if [[ -n "$MONGODB_REPLICA_SET_MODE" ]] && [[ "$MONGODB_REPLICA_SET_MODE" = "dynamic" ]]; then
-            mongodb_ensure_dynamic_mode_consistency
+        if [[ -n "$MONGODB_REPLICA_SET_MODE" ]]; then
+            if [[ -n "$MONGODB_REPLICA_SET_KEY" ]]; then
+                mongodb_create_keyfile "$MONGODB_REPLICA_SET_KEY"
+                mongodb_set_keyfile_conf "$MONGODB_CONF_FILE"
+            fi
+            if [[ "$MONGODB_REPLICA_SET_MODE" = "dynamic" ]]; then
+                mongodb_ensure_dynamic_mode_consistency
+            fi
+            mongodb_set_replicasetmode_conf "$MONGODB_CONF_FILE"
         fi
     fi