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Yes, Helm is completely free and open source. It's a CNCF graduated project and the de facto package manager for Kubernetes.
Helm is the package manager for Kubernetes. It uses 'charts' - pre-configured packages of Kubernetes resources - to deploy applications consistently and repeatably.
Helm uses templating to generate Kubernetes manifests. Kustomize uses patching to modify base configurations. They can be used together - Helm for packages, Kustomize for environment customization.
Source: helm.sh