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Write a formula field to display particular field each every month particular date display

Write a formula field to display particular field each every month particular date  display 
Madhukar_HeptarcMadhukar_Heptarc
HI User,
Could you please explain above question using example

Thanks and Regrads 
Madhukar_Heptarc
Raj VakatiRaj Vakati
You want to display today formula field ??
Raj VakatiRaj Vakati
Use this  formula 

today()